B2Y 0.00% 2.9¢ bounty mining limited

Ann: Half Yearly Report and Accounts, page-10

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  1. 468 Posts.
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    just to be clear the accounts were qualified with a material uncertainty with respect of going concern. where the independent audit report draws attention to this specifically is in relation to the accounts being prepared in accordance with corps act etc. it is not implied that the accountants thing the company is 'going to make it' and everything will be alright, just that he directors haven't breached the rules in preparing the accounts. it should not and does not provide any comfort in the outlook of this business financially whatsoever and would be quite dangerous to rely on in it in that manner
 
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