Let's look at the loans., page-29

What about the bait for the capital raise of 2 million dollars.The company said they were to receive 15 million dollars from AU Resources. But it hasn't happened. There has been some indefinite delay.
The Capital Raise has been extended (aparently) 3 times .
But CLZ is trying to buy the rights to the Forestania leases from Redivium. Redivium placed the deal on 12 per cent interest. This is now a liability of the company.
Companies and Securities (Perth) should suspend the Capital raise until this Au Resources money is received.

This company is not being supervised adequately .The company claims to have only $ 55,000 in funds left .
No wonder they do very little .Historically they have these sources of alledged income, that come and go , and then are not talked about again .This company needs a proper audit, before any more public money is taken. Transparency is a real concern when taking public monies.