CLZ classic minerals ltd

  1. 4,059 Posts.
    lightbulb Created with Sketch. 790
    Love the bit 'continue to raise equity and pay down capital, to improve the financial position of the company? So they got $155K and they spent 2.5 million in the last quarter. They claim they have 5 million in finance. Seriously who is going to lend that kind of money, when they are paying interest at over 40 percent annualized on borrowed short-term loans that are continually rolled over each month.


 
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