When is the agm??, page-9

Actually its a bit more serious than that jzed.
From the 2014 financial statements;

11. Interest Bearing Borrowings
Secured loan 11(c) $3,123,826

(c) The secured loan represents a loan from an unrelated entity. Security granted is the mortgage over​

ML 28/373. Interest on this loan is calculated at 27.5% pa.

A search on that mining lease shows that the mortgage is owed to Kelvin Park Pty Ltd. So at a rough guess, I would say that Kelvin Park is trying the exercise the mortgage over SHIP. And that means the rest of us are ......