Result out today....this auditors note caught my attention. GLH.
We draw attention to Note 3(d) in the consolidated financial statements, which indicates the group’s loss for the year of $2,987,000 and negative operating cash outflows of $3,570,000 and the need to comply with financial covenants for continued operations. As stated in Note 3(d), these events or conditions, along with other matters as set forth in Note 3(d), indicate that a material uncertainty exists that may cast significant doubt on the group’s ability to continue as a going concern. Our opinion is not modified in respect of this matter.
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