CLZ classic minerals ltd

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-32

  1. 1,238 Posts.
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    As the quarterly report is ending 31 of March and 198k left we have to incorporate the shares of April and the money for it.
    So, they need more cash as they stated in the quarterly....
    They have all machinery on side to start.
    Contruction is close to finish and they still propose near production.
    I doubt a bit if this was announced for May....
    I do see the confetti cannon will come also in May if they not pour gold.
    LDA capital is paid with very very cheap shares and we see on the daily volume, that there is several games playing is on the cards.
    Quaterly ended 31 of March and it was 80% finished, but it seems they have less money left to hurry.
    Come toto, market, raise new shares and after that, they can do going ahead. If this is the truth, it will be June to have the Gekko running, and if they running out of money the Gekko is going into the dirt he's coming from.
    My opinion only :
    They have to raise 1b shares in the coming month and announce the production start.
    After that, all SH will be smashed down by a further con. Split 25:1.....
    After that, they plan with the income the next phase of exploration also stated in the quarterly.
    At the end, they spam the market with shares in hope the Gekko will produce gold. The whole company is in the hand of Kat and last but not least, if they are not able to start production, we can say good night at all. In due curse all old SH are dust.
    .
    BEO
 
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