This gig been consuming me since last Friday I am wresting with...

This gig been consuming me since last Friday
I am wresting with what is the best scenario for shareholders
and I am conflicted between the two extremes:
(a) That the ASX delists CLI and that the officers are referred to
ASIC for breaches of the Corporations Act & that CLI goes into admin.
OR
(b) That the Atlas finance deal holds and that CLi manages a 2020
cropping deal which will likely pay down the Atlas debt with crumbs left for
shareholders.

The Sept Qtr report indicates that an extra $3 mil is likely required to keep
CLI liquid to 31st Dec & no doubt the ASX will be checking out the
Atlas funding deal for that.

A further $1.5 mil of Atlas support will likely be neccessary to see CLI
out to 31st Mar 2020. (without the sale of trimmed flower)

That should amount to close to $9 mil Atlas debt without any provision for 2020 cropping IMO.

I'd better not suggest possible solutions for 2020 because negative posters would be over it like flies !!!

i would like to see the CEO & Board forego salaries & other monies until this is sorted out.