MIN's quarterly makes for interesting reading for EGO holders, page-2

The following from the MIN announcement you refer to

"Subsequent to the acquisition of its Empire stake, MRL executed a binding term sheet to refinance Empire’s AUD $15.1m pre-existing debt obligation through a 2 year capital facility"

And the following from the June 30 EGO announcement

"New Mineral Resources revolving working capital facility 

Empire and Mineral Resources have executed a binding term sheet in relation to a new A$15.1m revolving working capital facility 
New facility will be used to refinance the ERM Power debt obligation maturing in August 2016 
As a result, Empire has ceased progressing arrangements with Viburnum Funds Pty Ltd in relation to their proposed secured loan facility 
New facility carries an annual interest rate equal to BBSY plus 5% and a 3-year term"

Any one see an important difference?

These guys are piss weak in the quality of their announcements!


Realy tired of this garbage