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38.0¢ talga group ltd

So Mark disagrees with the application of the ASX listing rules...

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tt2000

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02/09/24

20:13

Post #: 75495207
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Originally posted by Gvan ↑

Still beating this dead horse?

Take it up with Mark Thompson? Here is what he said a few months ago:

"For investors who aren't aware of how those cash flow reports work that we have to put in the back of quarterlies, they look at your cash burn rate of your previous quarter and you're forced to take that number and extend out what it looks like. So, if you had a quarter where you're still paying Worley for a bunch of engineering work or a bunch of local contractors in Sweden for starting the build of the refinery and cleaning up previous contracts or legal things to do with permits, those costs aren't necessarily going forward in the next quarter, but you have to project those sorts of things anyway."

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So Mark disagrees with the application of the ASX listing rules designed to protect investors

Let me guess, next he disagrees with accounting standards too?

Perhaps he should channel his disagreement toward the Supreme Court and the Sami instead

Last edited by tt2000: 02/09/24

TLG Price at posting: 47.0¢ Sentiment: Sell Disclosure: Held
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