PLV 0.00% 1.2¢ pluton resources limited

further entension !, page-204

  1. 46,599 Posts.
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    "Once this is completed, the Company’s auditors will need to review all of the contracts linked to the funding agreement to determine if they have a material impact on the Company’s accounts."


    I can understand the need for that going forward but what does it have to with the financials July to December 2012 ?

    Could be WEG reckon the $24m received in the December quarter might be 50% theirs - Not being able to finalise the accounts is a worry given the financials for the half year have been released to the market in the Sept and December 1/4trs.

    Is it possible a reversal journal entry may mean they traded " technically insolvent " for audit purposes for a period of time. ?

    As the weeks roll into months the uncertainty of any deal or financing actually being completed increases significantly


    hOOt
 
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