Fairy tales a-new to ponder
stilled hopes some cast in stone
Twenty per cent of naught says fairy
beware beware the loans
YEP Total Liabilities as at June 2015 $43 million
Add a few million for 2016
Go check the interest rate ..........makes it's way to the Bahamas
Net losses 5 years to June 2015 = $63 Million
So how are total liabilities only $43million.... was there any cash at the beginning?
mmm fairies recall an initial debt of about $16 million for moving fairy dust
ON WHAT HAS THIS COMPANY SPENT $63 million 2011-2015
That's an average of $12 million a year
Fairies wonder where's the money
from there to where, like fairy dust
me thinks it's like the magic pudding
just eat and eat until you bust
A fairy tale of Super Genie
of ore that was but none could find
Some fairy tales are worthy reading
Is it still there? or was it mined?
Annual interest and expenses over 2 million p.a PLUS
Have to love how the share price has quadrupled since June 2015... Up 400%
SHK Price at posting:
0.3¢ Sentiment: None Disclosure: Not Held
