Have a look at Wiluna gold mine and educate yourself. Having something of a resource and having a profitable mine are not inclusive. Many tens of millions of $ were raised prior to going into liquidation and with a resource far exceeding what CLZ has. Think why other companies ignored the CLZ resources, likely because they weren’t economically viable.
https://en.m.wikipedia.org/wiki/Wiluna_Gold_Mine
Ann: Consolidation/Split - CLZ, page-102
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