In terms of future potential CLZ is severely limited based on the balance sheet and reputation. I made a post earlier pointing out the massive debt and lack of assets. Also management past and present have had more than enough time to prove any resources, which they claim they have but so far the market is not believing the hype, so I can only assume the reason the share price remains flat and 95% below listing is a lack of trust.
New capital raising and new management are a promising sign. But people considering buying this stock deserve to know the downside as well, rather than just the constant ramping of cowboys that typify most posts about CLZ. The Profanities posted about me from the earlier posts proves this point, the rampers posting on CLZ are not educated investors and should not be taken seriously.
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classic minerals ltd
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All Huff and no Puff, page-9
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