does apg need capital, page-24

Hi Fergus,

I can't disagree with that sentiment. I have checked and both quarterly and half yearly are following standard procedure for each type of report. From discussions my understanding is that the cash component shown in the quarterly has been re-allocated using accounting standards. As best I can understand the cash from the quarterly is now shown as Total Current Assets of $1.4 mil and the difference of $600,000 has been allocated as expensed in the half yearly even if it was on hand at December. Don't hold me to that as I am trying to interpret the difference in accounting requirements between a quarterly and half yearly and I'm no expert.

Cheers
Seik