Well. what to make of the numbers. 21mill receipts which if I am right is after the cost of the related party to sell the coal. They repaid the debt but to only leave about a mill still needing to be paid. And again it's to a related party. So that's two ways the related party is making some money. The quarter on face value we were 7mill in front before repayments. With the high coal price this should continue with increased cash being banked. But as a investor will I see any of that.
Really annoyed at how this is being run. might be time to go to ASIC so I can get a reply from the company as they simply refuse to reply
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-2
Add to My Watchlist
What is My Watchlist?