PRU for the six months ending 31 December 2008 incurred
Exploration expenditure- not written off $13.152 million
Translation difference - not written off $ 6.652 million
Loss per condensed income statement $ 3.896 million
----------------
Total underlying loss $ 23.700 million
The accounts say "the recoupment of costs carried forward "
in the balance sheet "in relation to areas of interest in exploration and evaluation phases are dependendent on successful development and commercial exploitation or sale of the respective areas."
The total amount for all periods of expenditure Mineral Interests Acquisition and Exploration expenditure accumulated in the Balance Sheet and show as a non current asset is $56.775 million .
This means that the accumulated loss of $56.775 million needs to be recovered ( by profits ) before any dividend could be considered for payment by the company.That could take quite some time to recover such a large amount of money.
Always obtain professional independent advice before buying or selling securities.
- Forums
- ASX - By Stock
- what really happened !
PRU for the six months ending 31 December 2008...
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PRU (ASX) to my watchlist
(20min delay)
|
|||||
Last
$2.59 |
Change
0.240(10.2%) |
Mkt cap ! $3.564B |
Open | High | Low | Value | Volume |
$2.51 | $2.60 | $2.48 | $20.56M | 8.065M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 280 | $2.58 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.59 | 88930 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 8456 | 2.570 |
1 | 8456 | 2.560 |
1 | 8456 | 2.550 |
1 | 8456 | 2.540 |
1 | 8456 | 2.530 |
Price($) | Vol. | No. |
---|---|---|
2.600 | 68008 | 8 |
2.610 | 13700 | 3 |
2.620 | 40846 | 3 |
2.630 | 8456 | 1 |
2.640 | 8456 | 1 |
Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
Featured News
PRU (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online