Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-37

It is a complete mystery to me how they can operate with no income and service their debt at 33 percent cumulative. They have been doing nothing for 6-12 months. They claim to have funding for 18 quarters. The whole operation just does not add up as CLZ has never had any income, let alone be profitable. And the sales on the market have virtually dried up . How can they pay the CEO around half a million and the rest of the board ? Looking at the accounts, it doesn't seem like the company owns much at Kat Gap apart from the inflated price Gekko