its beats how auditors pass off vanmang as a current...

its beats how auditors pass off vanmang as a current asset....

Wiki Defination...

"In accounting, a current asset is an asset on the balance sheet which can either be converted to cash or used to pay current liabilities within 12 months. Typical current assets include cash, cash equivalents, short-term investments, accounts receivable, inventory and the portion of prepaid liabilities which will be paid within a year."

This has been ongoing since late 2008....?Is this even worth $10M now...that commodity prices have tumbled?
How much time and $ has been spent in getting this across the line?

Have they stated what their cash burn is?
How do we know the raising they do will only last a few months then more raising is required?
Where did all the cash go from the previous raisings?
Can this be itemised?
Lower overhead costs? What does that mean? Are we getting rid of underperformers/deadwood?

Do we need AIM's? How much does it cost to keep this dream alive?

Do we need Botswana with the current coal costs, this would be a 5-10 year pipe dream? Why invest more money and time on something that is not gonna add value in this current environment? Why not sell it...while waiting for Vanmag to clear and Pen?

Can anyone update us on what's going pls?