Those accounts don't look as bad as they are, due to a 2.4 million capital raise injection. Borrowings cost them $485,000. it's not about producing gold, it's about the cost of producing gold. So what do they think they are going to get another 2.4 million next quarter to balance the books? It's all about selling shares on the market, issuing shares & consolidating. Smoke & mirrors, 2.4 million came in from capital raise & they only sold gold worth $485K.So it looks like they actually lost 2 million
- Forums
- ASX - By Stock
- Ann: Quarterly Activities/Appendix 5B Cash Flow Report
CLZ
classic minerals ltd
Add to My Watchlist
0.00%
!
0.1¢

Those accounts don't look as bad as they are, due to a 2.4...
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.790M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
CLZ (ASX) Chart |
Day chart unavailable