PCL 11.1% 1.6¢ pancontinental energy nl

Ann: Full Year Statutory Accounts, page-3

  1. djp
    64 Posts.
    Can't survive without CR or sale of asset/s IMO.

    Increase in Payables to >$1.2 mill (from $160k) is puzzling - how much is attributed to BG Group's claim?

    Rent expense of $195k seems exorbitant

    Significant increase in audit fees could indicate contentious accounting issues despite "clean" audit report. Going concern issue or squabble over write down of Exploration assets - who knows?

    Are the buzzards circling?
 
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