BTW guys it's note 5 not 6 that is the important one,
and I forgot to mention note 9
This one is a real doozy, past due has increased massively but provisions for doubtful debts are down,.......Go figure,
Forged........
I know you would have read the 2012 report in full after my post and when you emailed management with reference to note 9 did you ask them about the provisions for impairment of loans to related parties!!!!!!
That means they have leant money to related people and don't expext to get it back!!!!!!!
I would not trust a word they say personally but do your own research please
AZG Price at posting:
11.0¢ Sentiment: LT Sell Disclosure: Not Held