CLZ
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0.00% 0.1¢ classic minerals ltd

Ann: Announcement on Scoping Study, page-37

  1. CBHOLDING
    193 Posts.
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    03/05/17
    16:51
    Post #: 24446610
    Equity for payment can be ok in some circumstances, but the lack of liquidity in this stock and the Company's very long track record of printing scrip in lieu of cash (thus devaluing existing equity) will either make it a hard sell for service providers, or it will be issued at a massive premium.
    CLZ Price at posting: 1.0¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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