BLR 0.00% 0.2¢ black range minerals limited

Unless I'm missing something it's a good deal with little risk...

  1. 895 Posts.
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    Unless I'm missing something it's a good deal with little risk for empire isn't it?

    They pay Azarga for the shares, however if the value drops than Azarga pays Empire the 'loss.' So it's really like a loan with the shares used as collateral, except that should the shares increase in value than Empire gets a 50% stake in any profit. I wonder who holds the voting rights though?

    You're right though, gotta be an investment banker special! I assume Azarga needed the money to focus on the Dewey Burdock project which I think is due to come online later in the year.
 
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