C7A 0.00% 0.9¢ clara resources australia ltd

Ann: Resignation of CEO and Strategy Update, page-13

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  1. 15,121 Posts.
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    I find it amazing that they are still unable to finalise the Granville sale. They are literally giving it away, but i think it confirms the grades aren't up to snuff and we shareholders were sold a story for the last 3 years.

    More drilling at taronga? why? its already a globally significant resource... why not spend the money on finding water.

    Lachlan ford JV is a fairy tale and will never happen. its just another "hotspot" buzzword.

    and the coal...... geeezzzz what can one say about coal.

    then you've got to ask with the failed CR and 2/3rds of what was raised was debt forgiveness (again very sketchy way to pump the numbers) how do they pay for any of this?

    if anyone really wanted any of these projects you could buy the entire company for less then 5 million.

    While the CEO was definitely in need of pushing off the cliff, the Board are equally responsible for the train wreck and the fact that they keep any kind of position in an ASX listed company is beyond me.
 
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