CLZ 50.0% 0.1¢ classic minerals ltd

This is great and all. One question must be answered...

  1. 2,279 Posts.
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    This is great and all. One question must be answered though....


    Where do you get the capital from?
    Already millions in debt @ more than 30% interest. Which is high risk last resort lending. Not enough money in bank resorting to further dilution to cover it.

    Shares are so far backward you can't even sell for the lowest possible price point.

    Yeah nah. I'm actually surprised this hasn't gone into insolvency.
    Only a matter of time people RIP holders.

    Sorry if any of the above is incorrect. "I got excited and made a mistake"
    ^ Yes that is complete pun intended when ASX had to query CLZ and their excuse was exactly that.
 
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