Ann: Appendix 4C - quarterly, page-25

The 4c raises far more questions than it answers.
Although the revenue is not pretty, its at least revenue.

There is a mention of recovered?
administration and corporate costs (recovered)
I would like to know the meaning of this, is this a "buy in" paid by someone? Why is it recovered, no balancing shown, another error maybe?
Raises questions about what the team is actually doing off-shore, there is a working group in Cebu, surely they are busy, but not creating revenue, at least at this point.
Ive not lost faith, but l believe this needs explaining by PC, as to what is really going on. Is CBA angling for sole rites?, hence almost no reciepts from others? abandoned except tax works?
Why next quarter is expected costs of 880k? Given this quarter revenue, it leaves nothing by xmas at current burn rate. Just what is the trading terms of CBA?

Im also concerned as to what George and Nina have been achieving.
If the process of training CBA teams in taking a big toll, l hope the costs are part of a planned and paid for process.

Definately a more risky prospect, but strangely lm ok on progress.
Think l will top up.