CLZ 14.3% 0.8¢ classic minerals ltd

Do I read that right. Last year they some how twist the arm of...

  1. 624 Posts.
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    Do I read that right. Last year they some how twist the arm of gullible shareholders to participate in a spp to commence trial mining,which is allegedly going to get them closer to full production. Yet the results have never been announced. But when they get the money,they decide they are going to buy out Forrestania,which actually isn't a lot of money in the grand scheme. But they didn't use the money for that, and now they don't have the money for that, so they want to issue shares just for that purchase. And they want shareholders who would be hurting from a consolidation to agree to them being allowed to issue extra without future permission. And also take note, that Aneles Consulting or whatever it's called, I'm pretty sure is The Pan Mans company. So that bloke is not content on being overpaid,not delivering a producing gold mine,issued millions of performance rights last year,but he wants even more via his other company as well
 
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