CLZ classic minerals ltd

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-8

  1. 2,083 Posts.
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    Old News!

    IMO:

    I'd concentrate on what they should be doing with KAT GAP and how they will deal with debt while trying to get a mine operational.

    High debt level to market capital ratio and not many options remaining for funding.

    Consolidation of shares has been a disaster for shareholders who held prior to consolidation.

    Market is very skittish on CLZ: 15c to 3.6c after consolidation.
 
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