Well if you bothered reading the last quarterly you would see that CLZ have available up to $21M in funding and they already have $20M or more in debt as liabilities.
So potentially they can get into over $40M in debt as funding isn't free!
Now, if they ever start producing who do you think will be paid first: Staff, Creditors or Shareholders?
IMO, shareholders will be last on the list and that may never happen if the mine isn't profitable and may also not ever happen if the mine is profitable or just barely covers costs.
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