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Monday, August 28, 2023 1:00:29 PM
BMXI) (BMXI.US) provided an update today on the progress of the audit of its financial
statements for the 2020 through 2022 financial years.
The Company had anticipated the completion of the audit within the first quarter of
this year, however the rescheduling of the auditor site visit in Indonesia, in light of
earlier Covid-related travel restrictions, to last week, will delay the completion of the
audit, which now is expected within the next few weeks. The Company is working
closely with the auditors to ensure the completion of the audit in as short a time frame
as possible.
brookmountgold 5/25/2023
@brookmountgold
As we told you recently, our CEO, Nils Ollquist, landed today in New Dehli, where a team of about 30 professionals at Mercurius Advisory Services, are working to conclude Brookmount Gold's audit.
Some 30 professionals working on the audit has Nils so confused he cannot tell shareholders, whether the audit will be finished this year or in 2024? 30 professionals must be having a hard time adding 2 + 2, working on a balance sheet and an income statement for the past three years. From the last CC, Nils cannot commit to a time table for the audit completion. Guess we will not hear about an audit again. Hard to line up financing, when you cannot finish your goals as a CEO. What gives here? imho!
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