CLZ had around $16M in liabilities last financial yet more than $6.5M in loans remaining owed to creditors.
They state they have another $5M or so available of their $10M loan facility from???
Forget any funding to do with IGO the CLZ interest is not on the up and coming projects list, unlike CLZ they have a plan that is provided to shareholders.
The GV Funding and processing to start in 2014!
What a joke, they must think all shareholders will have a short-term memory. I thought they were waiting for due diligence? Surely it couldn't take that long?
And yet CLZ state the Gekko will be going ahead now?
IMO, they have NO IDEA!
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-9
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