not quite right. Terracom and it's subsidiaries have $7.3 million in the bank. The $4.1 million is the "attributed" bank balance in the RSA operations, of which is an associate of Terracom. Terracom have no "right" to this cash. You will not see it on their balance sheet.
The $4.1 million is reported in the quarterly report to make management feel better about themselves and to confuse shareholders.Page 6 of the Mar24 report
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Page 6 of the Mar24 report
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