Holy cap.Thats the worst set of numbers and report that I have read.A $4m loss in 6mths and that is after they raised $2.4m by issuing 45m shares.How can they be spending that much money in 6mths and only show 4500mtrs of drilling done on the project.I note the auditor doesnt think they can keep operating.It must now be up to KR to think about if they go forward.Operating while knowingly being in this much trouble is dangerous.I have more than they have in the bank.Questions have to be asked about the running of this as it just doesn't look like they know how to budget.I am calling them as I am now very concerned about my money.
- Forums
- ASX - By Stock
- FAS
- half yearly acounts
half yearly acounts, page-2
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FAS (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online