I must admit the sudden flurry of announcements is interesting...

I must admit the sudden flurry of announcements is interesting and the recent interest from outside investing companies is a good sign.

I was actually getting excited, until I read the below:

"The Company advises that there is a risk that any production may not be achieved during the term of
the first advance. Further, in the event Classic does not have the capacity to make any necessary cash
repayment, AuResources will have rights under the security arrangements to take control of Classic’s
assets to the extent required to secure repayment (Default)."

So if i dont loose my shares to consolidation it looks like i will loose them to AuRes when Dean misses the first payment.