Ann: Annual Report to shareholders, page-2

Here I’ll summarize as save you the time

loss - yes incredible I know (6,140,430)

last years accounts had to be restated - ohh lucky as they were negative equity of ( 390,224) end of fy23

loss last year now 3,561,057

so they have lost approx 10 m In Two years
Delivered nada

and have now sucked in and destroyed 39,512,369 accumulated losses as they search deep deep in da Forrest

and have basically 2,081,429 current assets and exploration assets - the worlds biggest rre valued in books at 188,612, the massive lab they build moved rebuilt and was so proudly featuring last year report , thats a got a book value of 2oo k ish

and of course they have lots of liabilities current
812,624

So the total equity on the books for the worlds greatest biggest rre deposit born out of the worlds largest gold and ohm deposit which has been abandoned totals 1,665,786

of course that’s book value

Loads of options on the books

it’s a winner! Errrr-


can smell the next round of dilution

My Commercial operating revenue from operations estimate for cy 2024 looks pretty safe at zero

commercial operations revenue from operations estimate for cy 2025 look pretty safe at zero

expect more insanely great announcements which will reflect anything other than the financial reality they have built over the years - and the desperate need for some to pump to get those options in da money

but let’s be frank- it’s doing exceptionally well to still have a share price over one cent imo-

because it got nada on its books and apart from announcements the only thing positive I can see is the new accountant who seems to have done a good job sifting and cleaning up the messy financials of years gone by

it’s going to need more money for salaries and wages soon-