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Ann: Update on Zavalievsky Graphite (ZG), page-4

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  1. 910 Posts.
    lightbulb Created with Sketch. 300
    Just letting us know they are about to throw another $ million down the toilet at the ZG disaster.

    I like the fact they just mention the $1.7 million revenue and not the $3 million odd that we have spent to cover the obvious losses.

    So revenue is $1.7 million and operating costs $4.7 million.. What a great deal.

    And saying its a loan and recoverable is hopeful considering the auditors already have it classed as impaired in the 31/12/22 results and doubtful they would change their view for the 30/6/23 period.


 
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