CLZ classic minerals ltd

IMO:Exactly, more debt, funding and share price destruction by...

  1. 2,083 Posts.
    lightbulb Created with Sketch. 323
    IMO:

    Exactly, more debt, funding and share price destruction by share dilution and then more capital raising.

    If and a big IF anything is produced, that does not equate automatically to being profitable ever and certainly unlikely that shareholders will get any dividend.

    Still a tiny resource at KAT GAP and no resource updates since 2017.

    Some holders blindly believe company spin without taking into account the historical mismatch of promises and deliverables.

    How soon will CLZ's SOI be into the billions again?

    Probably before the end of this financial year.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.