Danger Dad, I can't see anything on page 48 of the Annual Report to 30th June 2011 that says the auditors do not agree with the spin doctors - PLEASE EXPLAIN
Taking pages 47 and 48 together the auditors pointed out a loss of $3.6m and outflow of $2m. Comments were made as to the ability of UXA to raise funds; $2.5m plus about $350K rights issue have been raised since then.
The mining sector in general continued to improve in Australia and the UK yesterday.
UXA Price at posting:
1.3¢ Sentiment: ST Buy Disclosure: Held