ZAG 10.0% 1.8¢ zuleika gold limited

Ann: Quarterly Cashflow Report, page-2

  1. 568 Posts.
    lightbulb Created with Sketch. 55
    So at the current cash burn for DAU with zero daily business administrative costs of circa 70 K$ pm.
    .Really!!
    Put in perspective the directors & associate fees over at Pilbara Minerals (PLS) with a market cap of circa 1Bil$
    & about 750m$ infrastructure spent with a huge operating business cost about 100K$ pm.

    At this current vacuum cleaner rate DAU has about 1 year until the treasury is empty..all gone. The 500k$ of shareholders funds placed into the Carson / Guo food business interest free / unsecured with no maturity date has moved from doubtful to bad in no time at all..
    This sad story should be shown to high school students as a life lesson to how easily a fool and their money can be parted with self serving company directors who pretend to act in shareholders best interests.
    DAU is a sham...sadly.
    How on earth does this have a MCap of 4.41m$
    Based on what!
    Hope you all , if there is any one left, get your losses on this back else where.
    best,
    SG

 
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