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Doole why would you quote and base your assumptions off the...

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Beale

3,684 Posts.

658

16/06/16

12:15

Post #: 18046248
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Originally posted by Doole ↑

Hi Beale

I didn't provide any calculations. I quoted off the Sud annuals. I haven't made any predictions regarding a CR other than it seems it will be sooner rather than later now. Your figures missed key points in the annuals (that were mostly regurgitated in the stock market report as well - but were bottom line figures with no break out or detail, so very vague and still not necessarily positive to an enquiring eye).

I don't see how anyone can calc the cash position without understanding the cashburn (and the annuals are so vague as to make that virtually impossible). I do hope they land a deal. With all due respect, I don't think you can support your calcs. Only Sud's accountant can give us that, and of course, they can't/won't. So your guess, my guess anyone's guess is what we each do to make our own decisions - none of them are a reliable investment fact.

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Doole why would you quote and base your assumptions off the annual report when we have a 4C that landed six weeks ago . Seriously mate put some thought into your posts.

Last edited by Beale: 16/06/16

SUD Price at posting: 2.3¢ Sentiment: Buy Disclosure: Held
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