CLZ 0.00% 0.1¢ classic minerals ltd

Ann: Proposed issue of securities - CLZ, page-18

  1. 3,044 Posts.
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    This is truly mind-boggling stuff. Since consolidation, they have issued 26 times the number of shares that existed after the consolidation. Prior to consolidation, there were 32 billion shares- that consolidated into 250 million shares. after the 150-to-one consolidation. So taking the original value of shares into account. Presently the expanded capital represents 832 billion. And still, no gold was produced. If only they were as good at producing gold as they are at creating shares.
 
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