CLZ classic minerals ltd

If there is 6 million in loans? , I doubt they will ever be paid...

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    If there is 6 million in loans? , I doubt they will ever be paid back as they would have been paid back in interest in 2 years anyway . 33 percent is a high-risk bridging loan rate, not a long-term rate. Those loans were just to keep the gravy train moving . Anyway, the loans are 'money for jam', if the company can get more money to pay them. In summary, it's 'all over Red Rover', unless they can get more money from someone- and I doubt that very much. So if I were them I would be working out the final salaries & super. And all shareholders can do is stay in the cue and hope you are taken out before the curtain comes down.
    The Titanic has hit the iceberg, now let's see how long it takes to sink
 
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