Ann: December 2015 Quarterly Activities Report, page-4

healyn.

Do you also read and pick out the bad parts and post them and miss out the good parts your previous post missed this out.
I cannot understand you reason for doing so if you are a SH.
That could be why they have not paid the loan back it makes sense to save money.

Empire also recognises the financial benefits of the interest free terms of the ERM loan, which is not repayable until maturity on August 30th 2016. The A$15m debt to ERM was the result of the purchase of ERM’s interest in the RGPF and exploration tenements of which Empire now owns 100%.