CLZ classic minerals ltd

Ann: A$ 7 MILLION BINDING AGREEMENT FOR SALE OF KAT GAP TENEMENTS, page-48

  1. 4,236 Posts.
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    Remember , Classic shareholders have ploughed over $100 million dollars into this, and they intend to sell it for 7 million and use the funds elsewhere .
    If the stock market will only let them trade for 6 months after the agreement is signed with Bain , what happens then -will there be any money left , what assets will there be, if any ? Will the company CLZ be folded , will there be a name change ?, will another company be registered ?
    So if **promotion blocked** requires they only trade for 6 months after signing with Bain , how can they be mining at Lady Ida as they have stated they intend to do, what is the agenda here?
 
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