"As for any producer inflation has hit them in the Australian...

"As for any producer inflation has hit them in the Australian operations.".

That's what you took out of the report about Australian operations?

They spent $400K buying the Australian operation which came with a built-in customer and almost a year later: Revenue received for Re>Pal fencing was down 35% to US$26k in Q2, 2022."

Inflation may impact profitability, but has no impact on revenue.

I thought a 3-year payback period (ie profits) for the investment in Australia would have been reasonable. Seems like they won't even hit that level of revenue after three years.

Also had to laugh at this one: the company may consider in Q3 more cost effective andstrategic types of capital injections (such as debt).

We all know that the only form of debt available to RAN is convertible notes. Banks are funny about lending to businesses with almost $100m in accumulated losses, that have never turned a profit or positive cashflow in six years of operation and whose only assets are specialised equipment domiciled in another country. Of course its unlikely that RAN will be able to repay the notes so it ends up being a capital raise just like the last one.

BDO Australia, Singapore and Indonesia have resignedas Range International’s auditor ...

Auditors resigned - that's a first. Guessing its not a good sign.