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BIG burrendong minerals limited - withdrawn

0.00%

$2.22

Ann: Half Year Report and Accounts - 31 December 2017, page-7

Currently unlisted. Proposed listing date: WITHDRAWN

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retiredyoung

8,751 Posts.

782

30/07/18

16:34

Post #: 34628984
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I think this statement sums it up:

As disclosed in the financial statements, the Group incurred a loss of $52,248,769 had net cash outflows from operating activities of $9,391,616 and had a working capital deficiency of $31,560,376 as at 31 December 2017. The Group is currently dependent upon the ongoing support of AS Capital Ventures Pty Limited to meet its obligations as and when they fall due. These conditions indicate the existence of a material uncertainty that may cast a significant doubt about the Group’s ability to continue as a going concern.

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BIG Price at posting: $2.22 Sentiment: None Disclosure: Not Held
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3 Great analysis

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Ann: Half Year Report and Accounts - 31 December 2017, page-7

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