PEB - Pacific Edge Ltd

[winner69]

C'mon Miner that is grasping at straws --The article stated they have 12mill cash--you dont just make a guess like that without qualifying it.

Its hard to deny that things are mounting up---This incident would look alot cleaner if it hadnt been for that sale of shares(which gives new life to 10s of 1000s of tests)

Perhaps some of balances statements are gaining some credibility now (litigation? i dont think so)

OMG ....if there is only $12m thats more than $8m less than at end of last September.

Heck that's a half year cash burn not much different from the full year last year.

Can't be true, obviously a misquote eh cause if true they run out of cash this year sometime

[Xerof]

Not another infamous ODT "I have not had cash balance intercourse with that reporter" quote.

Winner, cash at HY was 14.7m, not 20m.

lets see in a couple of days whether we have another clanger misquote to deal with

[skid]

Edison has it at $20,444,000 for 2014 HY--interesting there would be that kind of discrepancy ??

[Dentie]

How about taking the jack boots off and putting on the slippers instead ....

They made an error which was more of an oversight (caused by cow-towing (?) to the yanks!!) and they have agreed to make restitution. Big deal!

So many seem to be focussed too much on these little details.... start taking a look at the big picture. Why are we always too eager to kick the crap out of the companies we are holding shares in?

Let's see where they actually are on Thursday.

[Minerbarejet]

(Item removed. No disrespect intended)
If that cash figure of 12 mil is correct then they have spent 6m approx up to Sept and 2.5 mill more up to yesterday as Dentie said.
Thats quite an improvement, wonder where all the cash is coming from? Bonus bonds? Power ball? Casino?
300,000 a month loss average over 8 months, down from a million a month and probably reducing monthly and with an increased staff yet.
Hmmmm. Thursday does look interesting doesn't it.

[Minerbarejet]

Edison has it at $20,444,000 for 2014 HY--interesting there would be that kind of discrepancy ??

Edison didnt even have the right number of shares on issue for the market cap originally, forgot about the capital raising in 2013.
Not too flash, eh.

[Xerof]

Yep, my main thrust was to point out Winners error on relative changes in cash over time, and Miner has done the work. Look for a split between bonus bonds, sales receipts and research grants though

cash on sidelines for a top up if the Eeyore brigade reappears after Thursdays result

[percy]

Enjoy your posts but do we really need the open blasphemy at the beggining? Good to respect what others hold dear aye.

He is a total heathen.[but I like him]
He has openly stated he wants a Lambo driver on the board.
I mean is nothing scared? lol.

[winner69]

Yes cash was $14m odd at half year. My mistake

So things are looking a lot brighter .....must be the payment of all those previously 'accrued' revenues I guess

[Xerof]

Percy, I'd stand myself but as I get around in a tired 97 Explorer, no-one has ever been prepared to nominate me.....