IND 0.00% 17.5¢ industrial minerals ltd

Stated Objectives?

  1. 633 Posts.
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    The net assets of the consolidated group have decreased by $4,090,733 from 30 June 2014 to $1,648,608 in 2015, largely due to the raising of a provision for impairment against the Ranau project and subsequent divestment.

    The consolidated group’s working capital, being current assets less current liabilities, has decreased to a surplus of $1,648,608 in 2015 from $2,743,277 in 2014.

    The Directors believe the consolidated group is in a stable financial position to meet its stated objectives.

    Couldn't find the stated objectives? Maybe I am being to objective...

    Did see total wages were $790,488.00 with AM taking $271,522.00. I would like to see his work schedule considering he does not even list this company on his LinkIn page or business pages. Would like to earn that annually on a side project as well.

    Another good year for this mob
 
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