Yeah well they still havent paid in full for the Gekko so I guess thats why it wasnt mentioned...What caught my eye was the following :
Greywood Holdings Pty Ltd provided a loan facility with maturity date on 3 February 2021 with total
principal outstanding of $500,000. This facility is secured against the Company’s assets under PPSR
(Personal Property Securities Register) and has interest rate of 3% per month.
Gold Processing Equipment Pty Ltd provided loan facility with maturity date on 20 April 2021 with
total principal outstanding of $300,000. This facility is secured against the Company’s assets under
PPSR (Personal Property Securities Register) and has interest rate of 3% per month.
I have one word for this....."ouch". I did hold but sold some time ago. I wish all investors in CLZ the best of luck.
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