Re query on (4C Item 1.2 (f) I emailed the question to the CEO - "Just looking into this stock for the first time and wondering if anyone can explain why the administrative costs were reflected as a positive cash flow." .
The reply was - "It is where the auditors put currency gains and losses ….. This Qtr there was a $200k currency gain." [reply ends]
There is NOTHING to clarify - it is the running balance. You are looking at an audited Quarterly report so it is obviously an acceptable procedure.
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