1MC 16.7% 0.3¢ morella corporation limited

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  1. 12,827 Posts.
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    In the expression's and words of ' Trump ' - ' Grreat ' set of numbers and effort on presenting a ' Grreat ' Full Year set of Accounts......biggrin.png

    There's nothing I like more apart from a ' Grreat ' set of T & L's ..... tongue.png or is that P & L's is than an in depth overview and well presented set of Final Accounts.

    And these are a beauty despite the fact that the Market doesn't seem to agree with me today. In my opinion they seem to have this flavor of being presented along similar lines and standards as that of a North American reporting Company would present they're's..... and as against it's obvious Australian counterparts. And in saying that maybe there is actually something that can be extrapolated and interpreted from that in so far as possible Ventures and / or future funding arrangements or changes are concerned.

    Anyway it's just my own observation. However , what I also like about how the number's which eventually came in , is the fact that my own estimation's done back on 1st July 2019 .... only one day after the ink had dried on the EOY balance date of 30th June is how my estimate of EBIT for the QTR came in at only $45,000 or less than half of a percentage off of the Actual results posted in the Final Accounts....... As shown by this statement compared with my attached Post :-

    " Positive EBITDA of $9,381,000 was achieved in the fourth quarter of thefinancial year which was the first complete quarter of CommercialProduction "

    Post #: 39314728
 
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