MRL 8.00% 23.0¢ mayur resources limited

had a look at the accounts - not good at all, page-16

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    re: good-bye mrl The beginning post referred to cash + receivables = $18 million v payables of $91 million. I think it was neglectful not to have stated the value of inventory in this email which is $185 million. It is this inventory which is then sold at a markup which then pays the creditors. Just another case of only reporting some of the facts. Important to paint the whole picture!

    Below was the original statement:

    Check out the cash balance + receivables vs the payables and it'll be enough to scare the shite out of you guys as well I reckon - its about $18mil vs $91.......Now I know why it's being sold down heavily and what others are talking about
 
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