C7A 0.00% 1.0¢ clara resources australia ltd

Ann: Operations Update - Granville and Taronga Tin Projects, page-64

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  1. 15,105 Posts.
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    its a tough spot mate. make sure if they ever get the shiny turd to fly that you remember this day and sell at the first pip into green.

    dgr throwing another million, pending a review, sounds sketchy to me. sounds like they floated that to avoid a liquidity question from the asx at the quarterly... but dgr arent obliged to actually provide the cash.... i reckon they'll be shopping the projects around as we speak and they'll sell it for a few mill and dgr will take the lot as a debtor through the shares for "services" deal. old bait and switch, then roll into the new float under care and maintenance until the prices recover..... its what I'd do.

    aimo but anyone holding on is very brave. wheres @obiwan today??
    Last edited by blister: 20/09/19
 
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