TON 9.09% 1.0¢ triton minerals ltd

Broker report, page-34

  1. 7,432 Posts.
    because I learnt manners at school I'll reply tcb007
    but firstly one of those lessons was
    He who expectorates [spits]
    can not expect to rate as a gentleman.

    Now to Accountancy
    Quarterlys are done on a Cash Basis not Accrual Basis
    thus the cash burn is hard to carry over because some expenses could be owed and not paid by Qtrs End and be in the Cash on Hand. Do you follow T ? your 3.3 mil cash burn could be more than your conceded extra 700k to get $4.1.
    Further the estimated next Qtr expense figure included in Qtrlys as a "estimate" is notoriously rubbery and for one thing unaudited or required to be at all accurate by Authority Back Testing.

    So all will be revealed by the imminent release of the Qtrly Cash Position by end October.
    Revealed but still affected by that Cash vs Accrual bit.
    Didn't TON double triple the diamond drill this qtr ? how did that go with the Budget?
    Didn't they engage more labs for assaying? ditto re budget?

    All this potential cash burn 'unforseen' to be revealed soon in the Qtrly T ? why that's meat to a Fundamentalist Agenda.

    anyhow been polite can you leave me alone now? I don't dig spitters like you.
 
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