SHK 0.00% 0.5¢ stone resources australia limited

Ann: Half Yearly Report and Accounts, page-2

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  1. 614 Posts.
    lightbulb Created with Sketch. 15
    INTeresting Half yearly
    Total Liabilities $40 million
    Net Liabilities $18 million crediting what I'd suggest are "vapour ware" assets
    Seems to this non accountant that counting expenditure as an asset is a "accountant's" joke
    The company still owes $34million and counting
    ...... not sure what the Non Current Liability Provisions are in actual fact.....

    Where has the $28 million from Stone Resources actually gone?

    Mine Property and Plant at July 2014 ...... Cost or fair value 39,181,536
    ???????REALY?????
 
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Currently unlisted public company.

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