News: CLZ Classic Minerals Says It Entered Mandate With Still Capital, page-19

An indication of what is likely to happen with the proposed 150 to one consolidation and half old share value Convertible Note 4 mill raise, Look at Blackham / Willuna Mining . Blackham undertook a 100 to 1 share consolidation then heavily discounted cap raise . Came on at over a dollar .
, It eventually fell to 70c then was suspended to announce a 40 cent issue, which is happening now.So 60 per cent devaluation .