Ann: Half Year Accounts, page-2

  1. 443 Posts.
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    A quick look at the financials would give no value to the non current assets. And the market agrees with me.

    Pretty bleak set of highlights IMO, with expressions like "although this was not the expected outcome ...".

    After tungsten, and after topaz, and after clay, maybe see if the dirt is worth anything. I'm being facetious of course, but really a come down from the heady days of rare earths and copper and strontium and phosphate and miles and miles of exploration and cash increasing deals.

    At this rate of (in)activity, spending $300k per half year (only a third on operatioanl activities), and $3.9m cash in the bank, this will safely pay wages for another 6.5 years. Simple math.
 
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