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Ann: Announcement on Scoping Study, page-38

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miner86

213 Posts.

03/05/17

21:10

Post #: 24452577
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Originally posted by Non ferrous ↑

Personally, I think the inclusion of reference to external consultants is a positive. In-house technical team at CLZ is not strong and disclosure around which external consultants contributed provides investors with confidence that the factors/assumptions etc underpinning the study are robust...

I agree with other HC commentators in that right now, it would be pretty hard for CLZ to raise the capital. However, in 12 months time, all going well with drilling and feasibility studies etc, I would expect funding to be on the cards. 2017 is the year that CLZ shows the market that it can do this. BW, dont give up just yet!!

Re bills - IF i was a service provider (@ IM, theres a "guess who" question dealt with) I would consider taking equity as payment. The shares are undervalued. Maybe thats how everyone is getting paid! Regardless, theres the Dohertys cash...

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Biggest problem is in 12 months with close to no money, drilling cost ontop of this as a cost they will be lucky to be able to pay bills after 6 months

This is not the worst stock i know but have watched people lose out and wanna see better fundimentals first

CLZ Price at posting: 1.0¢ Sentiment: None Disclosure: Not Held
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