Ann: CLASSIC AGREES FACILITY TO FUND PROJECT DEVELOPMENT, page-117

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Nicster22

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12/03/24

19:58

Post #: 72855892
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Originally posted by R4B!: ↑

7.36 billion shares on the market.
533 million shares issued TODAY, plus options outstanding from previous raises and dept raising efforts not accounted for in these numbers.

Nearly 8 billion shares as of tomorrow. 17 trades today, at time of post totalling $28k of investment.

Market cap is $12.4mil.

EBITDA 2019 to 2023 = -$52.28 million

I think, and you should definitely check my maths, we need a minimum of 7.2 to 1 consolidation to get us to about 1 billion shares on market, then all that needs to happen is market sentiment to change completely about this company so the price doesnt tank back to 0.001c within a week or two like last time. AND management have to resist the urge to release more shares immediately.

Id be curious to know if anyone has the time frames from the previous consolidation to firdt cap raise, issue of securities, and drop back to 0.001c.

If I were even remotely considering this company I would seriously consider waiting until after the next gm, consolidation, and marker point for deal with AusR AG. At least one of these things could either cut your investment by half, or potentially, cost your entire investment if clz dont hit the targets agreed to in funding project(seems likely based on historical experience).

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To have a market cap of $12.35mil, doesn’t that means there is 12.35 billion shares on issue?

CLZ Price at posting: 0.1¢ Sentiment: Sell Disclosure: Held
4 Upvote

0 Great analysis

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Ann: CLASSIC AGREES FACILITY TO FUND PROJECT DEVELOPMENT, page-117

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The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

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C29 Metals wins Kazakhstani uranium drill run green tick, Kazatomprom talks mature

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Ann: CLASSIC AGREES FACILITY TO FUND PROJECT DEVELOPMENT, page-117

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Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Pantera begins drilling of maiden test well at Smackover

Aerospace smallcap Quickstep Holdings jumps nearly 100% after 40cps takeover offer

C29 Metals wins Kazakhstani uranium drill run green tick, Kazatomprom talks mature

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