WWI 6.25% 1.5¢ west wits mining limited

Ann: Half Yearly Report and Accounts, page-4

  1. 1,124 Posts.
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    So no CR coming huh?


    Did anyone read this in the doc? Can any of you possibly try and deny the financial position of the company?

    For the half year ended 31 December 2023, the Group has reported a net loss after income tax and before eliminating noncontrolling interests of $916,000 and net operating cash outflows of $1,305,000. As of 31 December 2023, the Group had $1,434,000 cash at bank, and net current liabilities of $739,000. These factors indicate a material uncertainty exists that may cast significant doubt on the entity's ability to continue as a going concern.


    And how on earth are you winning ESG ( Environmental, Social & Governance Awards) mining awards when you’re not in operation? Like you’re a gold mine that will be carting trucks everyday through the most populous area of the world. That’s beyond ridiculous.

 
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