CLZ 0.00% 0.1¢ classic minerals ltd

Ann: 93,000 Oz Inferred Mineral Resource at Kat Gap, page-23

  1. 1,246 Posts.
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    If you read the ann you would have seen that CLZ have a
    $5 million credit facility that they can draw on if needed,
    also the fact that they are in negotiation with mining contractor
    for a JV operation at Forestania and hoping to come up with a deal in
    a couple of months, this would probably negate the need for a CR.
    If the JV comes to fruition then we will be one of the rare small caps
    that is self-funding its operation.
 
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