AZL 9.09% 2.0¢ arizona lithium limited

when i read the companies 4c dated Sept 30it had revenues of...

  1. 245 Posts.
    when i read the companies 4c dated Sept 30

    it had revenues of $336k for the quarter and had nett operating cash flows of minus $954k


    The FY accounts showed revenues of $770k for the 6 months ended 30th June

    Compared to $538k to the 30th of December


    you might be confused with sales as opposed to revenues as with the nature of this business the contract is initiated before revenues begin to flow.

    to date ZYL have shown no appreciable revenue growth which could explain why the Directors or any other large investor has supported ZYL.


    when do they expect to get the money from MPS as well as they are now very tight on cash on hand.



 
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