Sorry you are not correct, as at 30 June cash is 2.5 and debtors...

Sorry you are not correct, as at 30 June cash is 2.5 and debtors 3.6, that totals 6.1.

Creditors 2.2.

that makes net cash at 30 June 3.9.

since then they raised some money in the spp, and have spent on the projects and admin. The quarterly says the budget was 1.4, so I don't see how there is more than 4 m net.

I predict that the cashflow report will show a much healthier position as creditors are not included.

I fully understand different dates, etc, but my nose tells me something is not right with the numbers, and I have been saying that for some time.

UM