viney402. I do not know if I am correct but in my opinion I...

viney402.

I do not know if I am correct but in my opinion I think they are scared to death of the topup with with limited funds and if they paid the loan earlier there would be interest to payments for no gain and it is not chicken feed on $15m.
Testing the well will not be out until April that is convenient for paying the loan back in March quarter.
The director have all the SH interest at heart PG and ERM would be loosing the most and they have not sold any and why would the directors worry about SH that have sold as they are not SH now if you keep the faith you do not loose any thing until you sell or we go broke and I cannot see that happening in time we will be rewarded.
The world markets are not helping or lack of information when ERM are paid back I think there will be a flood of information.
Have look at Harrys posts full of good information.
Good luck to you all even the doubter that knock the stock.
Happy Australia Day.