The March 2025 Activities & Finance Statement states that Classic Minerals has 18 million dollars available as funding, estimated to be enough for 5 quarters. If this were accurate, why did CLZ default three times on the contract to buy the Forestania leases off RIL? The CLZ Board has made a complete mockery of ASX rules. No wonder the independent director resigned late last year. This Activities & Finance statement is unacceptable.
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