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Ann: Appendix 4D & Half Yearly Accounts and Report, page-3

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28/02/20

12:31

Post #: 43212506
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Originally posted by johnp12: ↑

"Material uncertainty related to going concern
We draw attention to Note 2, which indicates that the consolidated entity incurred a loss of $3,434,772 and had net cash outflows from operating activities of $2,601,808 for the half-year ended 31 December 2019. As stated in Note 2, these events or conditions, along with other matters as set forth in Note 2, indicate that a material uncertainty exists that may cast significant doubt on the consolidated entity's ability to continue as a going concern. Our conclusion is not modified in respect of this matter."

RSM AUSTRALIA PARTNERS Perth, WA
Dated: 27 February 2020 Partner

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Johnp12... its a microcap company... not a small cap or blue chip... that comment by the auditor is arguably in every single junior explorer or similar maturity company listed on the ASX.

At least we can tell you're capable of reading though - kudos.

RGI Price at posting: 10.5¢ Sentiment: Buy Disclosure: Held
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Ann: Appendix 4D & Half Yearly Accounts and Report, page-3

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