I believe they are upgrading the Forestania leases to try to get the public to subscribe for the cap raise of 2 million ( 1.6 million net) . Only 50 per cent underwritten.
This is a smokescreen to hide the fact that the two deals they have announced to market , have not been completed.
Once again where is the advice that CLZ has received the one million initial deposit from AuResources.
Where is notification that CLZ has paid the $50,000 due to be paid last friday .
Why are they releasing upgraded resouces for the Forestania leases, when they are in default of contract payments for them
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