CLZ classic minerals ltd

Capital raisings from shareholders 1,950.000 (64 %) and proceeds...

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    Capital raisings from shareholders 1,950.000 (64 %) and proceeds from borrowings $810,000 (21 per cent ) . So 85 per cent of income came from capital raising and borrowings. It came from shareholders and debt. $1,955,000 was spent on exploration activities. So all the cap raise went on exploration/ company activities, And $810,000 from borrowing financed the rest, such as 243,000 in interest, which looks like was paid out of borrowings. The next accounts look like being shockers
 
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