CLZ classic minerals ltd

Classic Minerals - Payments to Related Parties, page-17

  1. 2,083 Posts.
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    For the CN's we don't know how many or if any have been converted to shares as the holders may wait until the 14 day average weight for the SP to be converted to.

    When that happens there's $4m to be converted or if not converted they keep gave value and can be redeemed at $25k each of the 160 issued.

    IMO: Most of the "family" have been paid in in real money which is better than the value of CLZ shares
 
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