CLZ 0.00% 0.1¢ classic minerals ltd

Ann: Quarterly Activities and Cash Flow Report, page-3

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 333 Posts.
    lightbulb Created with Sketch. 66
    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.
 
watchlist Created with Sketch. Add CLZ (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.