C7A 7.69% 1.2¢ clara resources australia ltd

Ann: Trading Halt, page-66

  1. 15,027 Posts.
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    if the approval was in it would have to be announced. This looks like a cash grab.... why not wait for tin to sell, it would take less than a quarter to get 1.1m and with cash flows we could get regular normal people debt. So more dilution, lind waiting in the wings to dump and still no sales.... if you could engineer a financial cluster F**k this would be it.

    This makes no sense to me. Also being on fresh equities suggests that this isn't an inside job... i.e the money isn't in the bag.

    FFS! i'm so tired of waiting for this team to monetize and giant pile of money in the ground. they should tools down on everything, except G2 and then build the business organically with profits. there is no point have a billion dollars in assets if it cost you a billion dollars to obtain them.
 
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