RE:3m revenue question?No revenue as at June 30.2017 per the statement of operations and comprehnsive loss (revenue is probabaly recognised when the inventory is sold). No gold inventory either (probably has to be poured or proven by an independent third party ie not the financial auditors, not sure how it works)? Either way, squat as at June 30,2017
In July,
Subsequent to June 30, 2017, the Company: Purchased and transferred 675 ounce gold credits to CRH to satisfy payment as outlined under the CRH loan. Sold gold concentrate for $2,038,582, net, subject to final review of material.
They still didn't produce enough gold to meet a debt obligation they most assuredly budgeted to be paid with gold from PRODUCTION (numbers and b*llsh*t ,AMDAD or not, have changed since last year)!!!
Only transperent thing is they had to buy gold because they could not produce it (sure the 26.5mil investors are not happy about that).
One thing for sure, as at June 30, they burned 16mil of the 26.5mil they raised since March, produced squat and keep b*llsh*tting everyone (probably including themselves, keep lying to yourself and you will start to beleive it).
Credibility is shot, can't really trust anything they say at this point.
Probably still trying to figure out how to PUMP the latest landowner disaster (which, if they had been in tune with the situation, and managed it, would never have come to the violence and destruction it came to)