and in response to
These elements are essentially the same auditor notes on the 4D half yearly of every single company on the ASX that has a negative operating cashflow. Every single speculative company on the ASX has sections in their report citing a "going concern" and risks, which are laid out in a transparent manner.
From another completely unrelated speculative stock 4D half yearly, which was also released on Fri 26/02
"Without qualifying our conclusion, we draw attention to Note 1(b) in the financial report in which indicates that the consolidated entity incurred a net loss of $5,471,570 during the half year ended 31 December 2020 and had negative operating cashflow of $1,171,334. These conditions, along with other matters as set forth in Note 1(b), indicate the existence of a material uncertainty which may cast significant doubt about the consolidated entity’s ability to continue as a going concern and therefore, the consolidated entity may be unable to realise its assets and discharge its liabilities in the normal course of business, and at the amounts stated in the financial report"
Old mate Tommy and bitter pill @Kurt12312 - please don't make it out like these clauses are only found in MSBs report.
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