Exactly, $6.5M spent on equipment for what then?
What are CLZ spending the $10M on?
IMO:
It's interesting that around $2.1M in conversion note funds were advanced last financial year.
Refer Pro-rata Balance Sheet:
https://hotcopper.com.au/threads/ann-supplementary-prospectus.6891355/
It looks like there's already a financial relationship to have those funds advanced IMO.
The CN holder/s today potentially could have purchased 200M shares which is 2/3 of the trading volume!
120 days max is a long time to have a document signed (4 months!)
CLZ could go bust in that max time period having over $20M+ in liabilities?
Did Goldvalley Brown Stone Pty Ltd purchase any Conversion Notes?
Exactly, $6.5M spent on equipment for what then?What are CLZ...
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