lets stop short selling our shares, page-21

GFM, "This paragraph refered to is a standard disclaimer found on the vast majority of auditor's reports."

No it is not. You don't know what you are talking about. For instance, it wasn't on CDU's audit report last year.

"In no way does it reflect the viability of the company, and the fact that it is presented here by people who claim to know better - reeks of desperation to create fear, uncertainty and doubt"

Bulldust. Although the report doesn't affect the company's viability (it is, after all, only words) it brings attention to the fact that the company is running out of cash, and unless the company raises funds it will grind to a halt. Directors' assurances count for nothing. Do you realise who the auditors are working for? The shareholders, and they are NOT covering their bums with this statement, they are drawing to shareholders' attention that there are no concrete provisions in place to provide funding for a company whose commitments at the time of the audit report exceeded their ability to fulfil payment for.

Auditors hate qualifying, or placing an Emphasis of Matter on reports. It usually leads to a bunfight with the directors, and they have to be careful that the note is completely factual.