Consolidation, page-44

Stry, looks like the countdown to the 30th June & tax loss selling for CLZ holders .

Conratulations to those brave enough to speak up about your losses

I put in $500 and it's now worth 3 cents and i now hold 5 shares .
I have held continously , since before both consolidations.
So it is purely the actions of the board of directors , that has caused this devaluation.

As others have already pointed out, at the next devaluation , i won't hold any shares to sell for a tax loss.

In the meantime, the CLZ board has contracted to surrender company assets, in an attempt to intially secure 10 million, then another 40 million if they can repay the 10 million progressive installments.

So all we can do is wait and see if some foreign start-up is going to risk 10 million , on some leases and two holes in
the ground in Australia.

Of couse any forfeiting of assets to a foreign entity , would require Foreign Investment Board Approval as probably the approval of the Aboriginal stakeholders.

It is truly amazing that people are still buying into this disarster .
Surely the company is trading insolvent, untill receipt of this monies -where is it ?