Likely the reason they are still operating , is somehow they...

Likely the reason they are still operating , is somehow they stooged IDA up with the deal they did with them.
It is hard to believe a financier would be so gullible as to not do due diligence , on a specy mining company. and loan then 20 odd million dollars . The chances of IDA getting their money back , is about as much as any other shareholder . Especially when ' 'free' CLZ shares are near worthless, especially when they have had nearly all their value riped out of then with consolidations.
Any backers who are holding this stock are also getting the shirt knocked out of them with this consolidation Just watch the stapede out if they come on at half a cent & there is actually buyers on-screen , that they might be able to sell to. Just a bunch of wasters