Ann: Classic secures $10 million to take Kat Gap to production, page-171

Exactly,

IMO:
There are many questions to be asked:

- What happens with the Gekko processing plant they spent $6.5M on?
- What is the cost going to be per tonne to treat the ore?
- GV get paid processing cost + 30% net profit + $10M?
- Where is material processed and what are transportation costs?
- When is more drilling going to occur and resources quality and quantity upgraded from inferred?
- When are they going to provide overdue financials?
- Is ASX/ASIC investigating them still?
- How are up to $20M liabilities going to be paid in the up to 120 days (4 months) of GV due diligence of CLZ?

Many new shareholders will be stuck when reality sets in from all the hype, we’ve all heard the same promises before and they have not delivered

The Gekko was meant to be producing gold years ago and now is sitting in parts likely gathering rust after spending $6.5M!