Nice operating cashflow.The question I have is the comments on page 9 about expenditure (accruals basis). Not sure if this means that they have not paid this expenditure out of bank yet.Last quarter they borrowed $2.2 million but have not paid back anything in the last 6 months (maybe not paying back to use cash in bank for projects).As per last balance sheet they may also receive payments in advance for projects.A positive is directors own 40% of the company so they will want the company to succeed.
Ann: December 2023 Quarterly Activities and Cash Flow Report, page-10
-
- There are more pages in this discussion • 23 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
