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20.5¢ wiluna mining corporation limited.

Thanks for sharing ALL that info @Dabble010.In their Sep'19...

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GravityWaves

1,767 Posts.

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06/02/20

12:55

Post #: 42779662
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Originally posted by Dabble010: ↑

"Can you think of any good reasons why BLK decided not to disclose the outstanding balance of the MACA Working Capital Facilty in the Dec'19 quarterly report?"

That is a simple question to answer:

- Indirectly they have, its below $12m as announced and payments are ahead of schedule.

- also a snap shot of the balance sheet will be given as part of the usual unaudited HY financial report. Maybe the notes to the financial's may contain the info?

- No company is required to disclose the amount of accounts payable on a qrtly basis.

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Thanks for sharing ALL that info @Dabble010.

In their Sep'19 quarterly, BLK presented the balance of the Working Capital Facility in one sentence....

It remains unclear why BLK failed to disclose the balance of the Working Capital Facility at 31/12/19 with the same clarity as their single-sentence effort in the Sep'19 quarterly. The word that comes to mind is 'obfuscate'.

Last edited by GravityWaves: 06/02/20

BLK Price at posting: 1.1¢ Sentiment: None Disclosure: Not Held
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