CLZ 0.00% 0.1¢ classic minerals ltd

Ann: Doherty's Gold Project Transaction Update, page-15

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  1. 213 Posts.
    Either way they have a high cash burn every quarter! High repayments on loans from family, no cash income except this payment that should have pulled them out of the red now a delay on this payment and have committed to this new project but have no funds and no abitity to get a loan unless it is family and at a stupid rate! Unless they habe a money tree sitting around or a great legal team that can sort this out in a month it is going to hurt the sp
 
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