EVM 0.00% 10.0¢ enviromission limited

Ann: Appendix 4C - quarterly, page-2

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  1. 354 Posts.
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    They better think of something quick smart if they have $3,000 cash on hand and $150,000 in expected outflows for the next quarter.... They will have to borrow $147,000 providing they are correct and they have $264,549 in loans available to them. Highly unlikely someone will provide a loan to EVM without high interest rates attached, and with no assets to secure against its not looking good.

    At the end of the next quarter they will have $117,549 in loans available... not enough to cover the expected cost of this quarter of $150,000.

    I may have made a mistake with my maths but it's not looking good regardless.
    Last edited by calzalol: 31/10/18
 
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