CLZ 0.00% 0.1¢ classic minerals ltd

Rather than pondering aimlessly why not wait to see where this...

  1. 176 Posts.
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    Rather than pondering aimlessly why not wait to see where this is going? Everything happening recently is positive. At least if they can start getting the ore out soon CLZ can start generating some cash flow which can be ploughed back into the business for further exploraion/R&D. E.g, 93,000 ounces of gold (which CLZ has in the ground) say at $2,700 p.a =$251m say CLZ earn a conservative net of 20%=$50m+ this $50m ALZ does not have to raise via the market further diluting shares but can be used as +ve cash flow back into CLZ to find more gold +ve larger tenaments, which should ideally give all us hopefully better returns. I am following with interest (these statements are my opinion only).
 
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