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8.2¢ alliance mineral assets limited

Be interesting to see if something similar is stated for our...

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UY Scuti

1,556 Posts.

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16/03/19

09:52

Post #: 37782981
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Originally posted by Names little: ↑

Hi UY, it's actually the other way around, the scheme booklet comment and ASX going concern issues was caused by the auditor qualification on the accounts from prior periods.

This is a new qualification on the current set of accounts, and comes after our ASX listing, so no its not something that has been addressed as part of ASX listing.

It would appear to be pretty standard though, just pointing out the risks as the operation as at end December not generating sufficient profit/cashflow to self fund.

Let's hope this quarter is the start of permenantely addressing that.

All just in my humble opinion as always though.

All the best.

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Be interesting to see if something similar is stated for our peers once they've declared commercial production.

A40 Price at posting: 19.5¢ Sentiment: Hold Disclosure: Held
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