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The A/R says we have a "cash resource" of $4.9 mil at the time...

  1. bobadah
    10,295 Posts.
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    26/09/13
    18:37
    Post #: 12376941
    The A/R says we have a "cash resource" of $4.9 mil at the time of writing. If it is a true "resource" it would be net. If it is encumbered by debt it is not entirely a resource. It should also have taken into account other cash movements since 30 June.

    I do not know whether or not our board is into misleading reports but I sure hope they are giving a clear and honest picture. I expect there are penalties for deliberate misleading statements.
    TNG Price at posting: 4.8¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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