Note in the last year , no new shares have been issued to...

Note in the last year , no new shares have been issued to shareholders. But a lot have been issued to broker equity providers .At the AGM in 3 weeks , shareholders will vote on the issue of 500 million shares to LDA for providing $350-400k as working capital.
This will make a total of 2 billion shares if successful.
Also there is also the allocation of all the other shares to Whead , Jacob s Doutch & Gold Processing Pty Ltd. I had thought Gold Processing was in the process of being wound up.

It is difficult to assess the ownership stucture , untill after the forthcoming AGM. Then a shareholder ownership form needs to be suplied to market
.
Note all the creditors listed who provided loans to the company are converting their mostly 36 per cent cumulative interest payments in new shares.
It would be interesting to know all the names of the persons who are behind these companies .
Obviously LDA and Whead and family & friends interests, will control the company.
It is beyond my abilities, to accertain any more, given we don't know who are behind these companies .
But we all well & truely know who effectively controls this company & it isn't the small public investors, that carried it financially for 9 years , that were effectively wiped out in the two massive consolidations.

Without knowing the ownership structure post the 2024 AGM in a 3 weeks time, and who is behind these companies, it is impossible to confirm who effectively controls the company . I must admitt that I do not understand how the supposed $60 million from AU Resources
(that hasn't arrived) fits into all of this .
Anyway in the next month ownership looks like being stitched up.
Also i fail to understand why the Forestania transaction , is not mentioned given CLZ has paid $50k deposit and contracted to pay the balance of $350k , which is on some exorbitant interest rate of near 30 per cent from memory .
So CLZ claims to have contracted to receive 15 million per quarter , that hasn't been received yet . This deal looks more & more like a smokescreen .
So untill this money is paid , we can discount it from the equation .
So the company share ownership is what matters at this stage .
Note the convertible note holders and loan providers appear to have had their loans converted to shares , which is what the present shareholders will vote on .
The big 'stitch-up' looks near complete.
I believe this to have been a back door privatization , of a public company , that occured because of the inadequate supervision of the regulatory authories.
It has all been explained on this forum how this was acheived .
That is the best I can do.PS stay away from penny dreadfuls, for they are haven for misapropriation.
ASIC /ASX have lost much credibility over this.

It looks to me like LDA have agreed to provide $350-400k , to tide the company over in the short term, because the $15 million hasn't arrived from AU Resources.
I guess it gets the company though 2024 and another family Christmas party.

It is indeed a small amount for a 20 per cent control of a company, that over 100 million dollars has likely been poured into over the last 10 years. But chicken feed for someone who earns $500,000 per annum. What a shonky stitch-up.