TIE 0.00% 67.5¢ tietto minerals limited

Ann: Half Yearly Report and Accounts, page-15

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  1. R21
    1,413 Posts.
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    Accrued expenses are costs incurred that they havent been billed for (eg supplier invoices - work is x% complete but no invoice yet). It's rightly on the balance sheet - google cash vs accrual accounting for more.

    Again, I reiterate that there was positive operating cashflow during ramp to commercial production and we know the debt facility has been partially paid down (per the quarterly).

    So I disagree that the balance sheet is stretched paper thin.

    Today's selloff is lingering bad sentiment, there's nothing significant in the 2.5month old financials released today that changed since yesterday IMO.
    Last edited by R21: 13/09/23
 
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