Not too worried about the sensitivity Early - it was an open...

Not too worried about the sensitivity Early - it was an open secret.

Not too worried about the cashflow either. The 53K was as at end of March Qtr.

The following months estimate showed a surplus of 50K (from memory) so by end of June, all things being equal there should be over 100K.

But say they have unsold production on hand of 10k zinc, plus plus plus. So actual financials will account for all these - you can then match outgoings for the period with production in that period, etc.

Broadly speaking, this IMO is what has been missing plus the value of assets and liabilities. On merger we should get detailed financial accounts (reviewed or audited) - this is what can cause a lot of delay. IMO it is not possible to just release financials - as interim financial accounts they should be at least reviewed? Having said that though, KPMG ought to have undertaken much of the review work in merging the affairs of the two cos. Interesting times ahead!

One question, what the hell is CSD's bank doing????? I would be breaking down their doors to loan them money!!

All IMOO and pls DYOR!!