IMO:
Wouldn't it be better for CLZ to get loans at 36% than instantly pay 50% plus off with the CN's?
I wonder who the broker is that provided info to the poster about the CN's? ( same or different to the one setting i up p the CN's )
Seriously, why would you support this flawed capital raising to the absolute detriment of shareholders?
I'm all for share consolidation but that needs to be done when they can produce a gold bar otherwise that's also to the detriment of shareholders as many will exit because they can!
I'd suggest any holder that has concerns regarding Archean Resources and CLZ's Forrestania resources make their feeling known to the ASX immediately and before the next shareholders meeting.
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