Again
shareholders should ini be asking what this monster amount being spent is on consulting and professional fees
Huge net loss
jump in revenue from development deals sure- but still bleeding cash and losing capital
look at net liabilities to achieve this headline 60 k total liabilities to 2.42 million- wonder if they heralded that spectacular net liabilities growth with nearly a dent in inventory
cashflow from operating this business with all the staff costs and “ professionals/ consultants” cashflow from operation increased substantially
a loss operating of 3.77 million vs 2.53 m—- more than 6 million lost operating this business plan in two years - little wonder imo that the directors took full security over the assets to fund a Ppe program payment
Bonanza for brokers raising money to keep these type of losses going
A couple of million spent on professionals and consultants- are they associated? Clearly they are not working as the accumulated losses from operation is not improving
Cash position after backing out pipe payment coming- seriously
ahh well- at least management and the consultants and brokers are doing well
insane imo
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Again shareholders should ini be asking what this monster amount...
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INFINI RESOURCES LIMITED
Charles Armstrong, CEO
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