GW1 0.00% 4.4¢ greenwing resources ltd

Ann: Bass negotiates substantial reduction in acquisition payment, page-132

  1. 10,002 Posts.
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    I guess I should post the content in the interest of clarity and being forthright;
    "Hi there
    I have been looking through your financial statements for the years 2015 and 2016. Why is there no revenue recorded? The reason I ask is that I am an investor in Bass Metals. In a recent announcement of theirs, they stated that Graphmada had sold 1500 tonnes of graphite concentrate. That being the case, I am just curious as to where the revenue for these sales is recorded?
    Cheers"
    The response;
    "We accounted for 2015 revenues as discontinued operations so it wasn’t taken through consolidated P&L to the UK company level.
    It is in the notes to the accounts.
    Regards"
    In light of such a response, I think we can safely say this matter is done and dusted
 
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