As you say Eagle, pretty standard stuff... so if the auditor used in this half yearly accounts "didn't" add this disclaimer.. their would be done serious consequences correct.. as I'm going to assume a massive part of an auditors duty of care and responsibility to disclose this type of information to the public and investors..
And as you also say... this is the norm for this type of industry and sector to include this foot note.. And forward looking statement saying that "IF" this company doesn't secure funding, expect more capital raises and dilution to keep the company running..
It's hard to believe this pretty basic stuff gets churned in the HC hysteria pot and thrown out into some wild and crazy speculations...
Thanks for your auditing input.. since that's your actual career..
JD.
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