RPM 1.41% 7.2¢ rpm automotive group limited

Ann: Quarterly Cashflow Report , page-2

  1. 30,019 Posts.
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    P1000,
    what do you think about the cash flow report ?

    $2.6m left in cash.

    $240,000 paid to directors and office (?) for quarter.

    20,000,000 5c options exercised
    120,000,000 5c options let expire (not very encouraging)

    Also are they in debt to the the tune of $14,500,000 with no income for at least 12 months? Did i read this right ?

    How bout this "Estimated cash outflows next quarter"
    $500,000 evaluation and exploration.What about all the other expenses.

    Are the directors and office expenses etc all for free next quarter. what about interest payments etc.

    This is imo truly a dire situation, and its happening right in your own backyard while you were busy looking over the fence being picky. :-)
 
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