From the Flinders Mines Financial Report for the Half Year ended 31 December 2018 it's mentioned there is uncertainty about Flinders Mines continuing as a going concern due to funding requirements however after little activity in the next quarter the payments to Directors and entities appear to substantially increase.
"Notwithstanding this loan, the group will need to raise additional funds in the next 12 months. The Directors are of the view that funding will be able to be secured to meet going concern obligations. At this stage, these additional funding requirements have not been arranged. If additional funds cannot be secured, there exists a material uncertainty that the company will continue as a going concern.
If the company is unable to continue as a going concern, it may be required to realise its assets and/or settle its liabilities other than in the ordinary course of business and at amounts different from those stated in this financial report."
Payments to Directors of the entity and their associates
December 2018 Quarter
Aggregate amount of payments to these parties $295,000
Payments to related entities of the entity and their associates
December 2018 Quarter
Non-Exec Director fees paid to TIO (NZ) $60,000
Secretarial services paid to Evolution Corporate Services, a company related to Shannon Coates $23,000
Professional advice and services related to tenement management to BBI Group $78,000
Then in the March 2019 quarterly they mention "the company conducted limited operational activities as the next phase of work on the PIOP (and Canegrass) needs substantial working capital funding", yet payments to Directors and entities increased substantially:
Payments to Directors of the entity and their associates
March 2019 Quarter
Aggregate amount of payments to these parties $606,000
Payments to related entities of the entity and their associates
March 2019 Quarter
Non-Exec Director fees paid to TIO (NZ) $188,000
Secretarial services paid to Evolution Corporate Services, a company related to Shannon Coates $36,000
Professional advice and services related to tenement management to BBI Group $22,000
https://www.asx.com.au/asxpdf/20190315/pdf/443jscxvt89mm8.pdf
https://www.asx.com.au/asxpdf/20190430/pdf/444qc6cqym3813.pdf
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