CLZ 0.00% 0.1¢ classic minerals ltd

Ann: Response to ASX 3Y Query, page-65

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  1. 1,091 Posts.
    lightbulb Created with Sketch. 126
    Yep BIG BUBBLE 100mil losses bubble
    https://hotcopper.com.au/data/attachments/5615/5615953-b80db5d7e510f6d54f0a3d30cecfa393.jpg
    there is so much fluff in the announcement to share holders but just looking at it they are spending over 20million a year before they even hit production .....
    they also have over 3 million dollars in loans to be paid back by the end of this yeah and i think they cant issue any more shares to lda as the way it was setup with 15mill in put options and 5 mill into convertible shares

    what do the up rampers have to say about the lastest info
 
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