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0.1¢ classic minerals ltd

Ann: Update on Gekko Plant for Kat gap, page-180

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LizzyBee

6,112 Posts.

880

16/08/20

21:31

Post #: 46578932
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Originally posted by Senseightynine: ↑

spot on with this post.

i find it laughable that they haven't even done a scoping study, let alone a DFS.

also how are they planning on paying for the plant? Their SPP was for drilling only.. no mention about buying the plant. Unless they're paying for it with shares, like everything else they seem to do..

the fact they pay everything in shares will put downward pressure on the SP for a very long time. I wouldn't be surprised if over half the SOI are from creditor payments

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l think we'll get the answers to your questions pretty quickly when the plant machinary arrives on sight.
You can't afford to have that sitting idle for any time, afterall it's not just an ornament.
Hopefully some news this week.

Last edited by LizzyBee: 16/08/20

CLZ Price at posting: 0.2¢ Sentiment: Buy Disclosure: Held
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