SRN surefire resources nl

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-3

  1. 8,251 Posts.
    lightbulb Created with Sketch. 3238
    What a joke of a company.

    About $550k spent this quarter, most of it going to management, only $58k spent on exploration.

    Basically money is being used to pay the salaries of the management including Vlad, who then uses this money to loan back to the company.

    Only $917k left so "SRN is currently in discussions and having regard to its record of raising funds"

    Would have to laugh if it wasnt at the expense of hard working investors paying these salaries for achieving sweet F all.
 
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