ZAG 0.00% 1.4¢ zuleika gold limited

Ann: Third Supplementary Target's Statement, page-4

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  1. 1,507 Posts.
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    Also where is ASIC, ASX and the Takeover Panel on consistency. Lets get real and match like for like time periods so investors can be correctly informed: DAU directors are allowed to quote that "Dampier notes the current gold price is now A$1,737. At current gold prices, the development of the K2 Project is considered to be commercially viable and robust" . But allows a 4 month old historical cash at the bank figure for DAU of "$1.95 million as at 30 June 2018" to remain. IMO by 1st November this figure taking in consideration consistently high monthly wages , office rent/admin together with high related and non related consultancy fees etc would be closer to $1.1m - $1.2m and declining.
 
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