Ann: Proposed issue of securities - CLZ, page-24

IMO;

Do some research, for a start, look at the ounces at each resource and you will find just about all the resources are only inferred, meaning it cannot be used for any reliable economic modelling.

KAT GAP resource quantity and quality hasn't been updated since 2017 despite extensive drilling and bulk samples taken and samples supposedly containing 1000 ounces (unprocessed).

KAT GAP has less than 100k ounces only inferred resources which isn't exactly a significant amount.

The issue being that if any due diligence is performed on possible margins of profit they cannot be relied upon.

CLZ is heading towards $100M in accumulated losses, where does the capital come from?

It's from shareholders mostly and now that they can't get it from shareholders it's from more and more desperate means.