Well the 15th of April came and went, with no surprise from me...

Well the 15th of April came and went, with no surprise from me about no announcement on Sunday.

I must admit they did use the usual get out of gaol words like believe and anticipate.

How could a company not have the financials from the last half year complete by now? My guess is like a few others here, something to do with auditors having a hard time reconciling the part about an ongoing concern.

From last years annual report was the following in the auditors report (P 63)
"The Key Audit Matters we identified are:
• Valuation of exploration and evaluation assets;
• Valuation of property, plant and equipment and mine development costs; and
• Valuation of ore inventory."

IMHO the 58% reduction in the reserves would materially affect "valuation of ore inventory".

Anyone expecting an announcement this week??