AZL 5.00% 1.9¢ arizona lithium limited

jeezilThe content of your post is inaccurate. Please read the...

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    jeezil

    The content of your post is inaccurate.

    Please read the half yearly again, especially the following:

    "The net amount of the consolidated operating loss after income tax attributable to the members of the
    Economic Entity for the six months ended 31st Dec. 2007 was $1,017,095 (2006: loss $1,267,417).
    The Group continues to expense its Research and Development Costs and remains debt-free."

    You might also consider reading the annual report as well for the financials contained in that, especially the following:

    "4 TRADING RESULTS
    The net amount of the consolidated loss after income tax
    attributable to the members of the Economic Entity for the six
    months ended 30 June 2007 was $1,269,744 (2006: loss for
    twelve months $2,127,526)."

    As you can see the loss has been reduced in the latest half yearly.

    Cobby
 
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