CLZ classic minerals ltd

Ann: Standby Subscription Agreement-CLZ.AX, page-8

  1. 3,058 Posts.
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    $36k or 1,000,000 FPO shares to establish. If they take the full $1m, at $.006 that will be 166,000,000 plus FPO shares further diluting your "sound" investment. They say for exploration. Poppycock. SP for this company should be $.001 NOW and tomorrow it should be closed down. At $.001, they would have needed to issued One Billion FPO shares to get the amount they want. Wonder who has been pushing up the SP recently?
    Last edited by Chill: 06/10/16
 
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