LU7 0.00% 1.8¢ lithium universe limited

Ann: Appendix 4D & Half Yearly Report, page-20

  1. 619 Posts.
    lightbulb Created with Sketch. 163
    https://hotcopper.com.au/data/attachments/3517/3517883-be39d1e87aebdae6dba617babce69a8e.jpgWe are running the tournaments at a 60k loss and paying staff 1.7 million to do it.
    I can understand running tournaments for a small loss. This team needs to sort themselves out. At least the licence fees are starting to go north. Might be time to get some material contracts
    Government grants would be jobkeeper?

    https://hotcopper.com.au/data/attachments/3517/3517888-0a7625f5f014b25e69fcbfeef4a6960b.jpg
    I assume another cap raise will come in at some time
    https://hotcopper.com.au/data/attachments/3517/3517909-8b6ae42a00729a88a961c21fbe11da64.jpg
    wonder if covid is impacting the business given the webiste it is in testing phase. we where promised to be wowed 10 weeks ago with the rewire tournament. Unless of course he was talking about Ange at Celtic.
 
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