jeez that is just about word for word what MOY directors put out...

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xmanrocks

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26/02/21

15:57

Post #: 51368116
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Originally posted by Metz: ↑

The Directors consider that the Group will likely be able to achieve the above items and secure additional funding, if required, due to its demonstrated track record of successfully raising equity.As a result of the financial position of the Group, there is a material uncertainty that may cast doubt on the Group’s ability to continue as a going concern and, therefore, that it may be unable to realise its assets and discharge its liabilities in the normal course of business.

However, the Directors consider that the Company will be successful in the above matters and, accordingly, have prepared the financial report on a going concern basis.

The Directors have determined it is appropriate to prepare the consolidated financial statements on a going concern basis which contemplates continuity of normal business activities and the realisation of assets and settlement of liabilities in the ordinary course of business.

There is the guidance!

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jeez that is just about word for word what MOY directors put out to the markets.............2 months later they went broke
Interesting the price of gold has moved down quite a bit since there last hopefully turn cashflow positive soon call
Hey Tomboy we have entered a new price band 0 to 8cps

TRY Price at posting: 7.7¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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jeez that is just about word for word what MOY directors put out...

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