Ann: Market Update, page-6

I tend to agree with you @nightrayden especially after watching the CEO of AU Resources talking about strict due diligence when referring to CLZ. He spent a lot of time in the interview looking at the ceiling and not the camera. He also made no mention of the terms of reference for the due diligence .The question I have is where is the investment coming from in relation to the AU Resources deal. I may be wrong but i think they (AU Resources) were counting on investors buying tokens for "Gold In The Ground" at a 10% discount. It clearly hasnt happened and i cant see it happening ever. Anyone doing a Due Diligence on CLZ will be able to see the 90 million+ in accumulated tax losses. If you apply that to future "profits" it effectively means that CLZ can make 270 million in profits before tax needs to be paid. But looking at that it also means that a similar amount ( 270 million) has been invested over the last 10 years or so to achieve very little. The figure of 270 million is a rough guesstimate and it also depends on the tax rate at the time.The Gekko with a 30 tonne per hour throughput is not going to cut it and that is just one mistake made by the Clowns running this shite show.
This is not intended to be investment advice but my opinion only.
Heres a link to the interview.