SLA solara minerals ltd

id like to know what the reason is for the loans to solathera...

  1. 1,140 Posts.
    id like to know what the reason is for the loans to solathera are for? if the company is 100% owned by sla then why loan money to it. i can understand the bit about it being interest free as thats just an accounting benefit.

    id also like to know what thee thoughts are on the 14.7mil reduction in revenue compare to forecasts, and resulting 3.9mil difference in profit/loss that occured.

    i did however like how they have 4.7mil in cash and equivalents compared to forecast 1.0mil as well as 3.57mil in inventory from 2.2mil forecast.

    these forecasts could have been just estimates by rm but they would have likely gone over them with management before pubishing report.


    i hope these come up at meeting. the forecasts not so much though as it most likely was just estimations based on production happening early08 not late08
 
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