CLZ classic minerals ltd

"Classic Minerals is an emerging West Australian exploration...

  1. 3,058 Posts.
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    "Classic Minerals is an emerging West Australian exploration company".  This is the banner on their website.

    What I find interesting is that the company spent more in FY1415 on employee expenses than they did on exploration.  I'm certain they have the goods at the FR tenament but current "self centred" management insists on cocking up a great opportunity for shareholders.  One good move is to the new premises which will save about 30% net on accommodation.  

    I think Newexco have discovered the "data mess"  that poor record keeping produces hence the delay to the promised report.  A message to the CLZ management should be......stop over promising and under delivering.
 
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