MLS 0.00% 2.6¢ metals australia ltd

Ann: Half Year Accounts, page-2

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  1. 173 Posts.
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    Material uncertainty related to going concern
    We draw attention to Note 1 in the financial report, which indicates that the Group incurred a net loss of $359,573 during thehalf year ended 31 December 2018 and a net cash outflow from operating activities of $171,364. As stated in Note 1, theseevents or conditions, along with other matters as set forth in Note 1, indicate that a material uncertainty exists that may castsignificant doubt on the Group's ability to continue as a going concern

    So we got audited and the auditors think that the company is going to go under. @Petertkd what do you think of this?
 
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