I read it but can't believe it. Before I go any further I would love to be corrected because I am not an accountant and don't have a great understanding of our figures. BUT am I correct in stating that Wavenet has loaned $746000 to a Director and not only does it seem have not received any interest payments for the quarter but have paid $22000 interest to somebody. Secondly did I miss something or was there no report as to the ongoing performance of our winery and the future plan for said winery(and sheep).The admin costs and directors fees were pretty interesting too.As for our coal tenements please just get rid of them, why chase crappy coal in an expensive location when for the same money you could buy out a company(nru,drg,akm etc) or part thereof in Mongolia, that are screaming for equity.
WAL Price at posting:
14.0¢ Sentiment: None Disclosure: Held
