CLZ classic minerals ltd

at the moment creditors are owed about 16mill, while the market...

  1. 588 Posts.
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    at the moment creditors are owed about 16mill, while the market cap is 1.1mill, so if all creditors converted their credit to shares they would hold 93% of the company..,game over.


    probably the only reason they haven't privatised is they can see one last opportunity to raise more capital on the open market
 
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