viney402.
. A number of options are being evaluated, all of which are standard practice in the industry and are considered to have a good chance of success.
Does that sound like a fail at the stage.
Empire is progressing multiple refinancing options for the A$15m debt to ERM Power Ltd ("ERM"). Empire recognises the financial benefits of the interest free terms of the ERM loan, which is not repayable until maturity on 31 August 2016. The A$15m debt to ERM was established as a result of the purchase of ERM’s interest in the RGPF and exploration tenements of which Empire now owns 100%.
Does that sound as it is on hold or in limbo
FARM-OUT TO FUND 2016/17 EXPLORATION
– Lockyer Deep / North Erregulla Deep high impact large volume
Does that say it is in limbo.
If you have any information that they are not working these items we would like to know your information.
- Forums
- ASX - By Stock
- EGO
- ERM Debt
ERM Debt, page-31
-
- There are more pages in this discussion • 23 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
MND
Albemarle lithium downsize burns $200M hole in Monadelphous's pocket as latter's contracts terminated
KAI
Pilbara Minerals buys land off Kairos part of its York gold project for $20M – and a 2% royalty on any PLS gold sales
GML
Gateway Mining sells WA Eastern Montague gold project to Brightstar for $14M – half of that in shares