CLZ 0.00% 0.1¢ classic minerals ltd

Something fishy going on... (surprise surprise)

  1. 193 Posts.
    Interesting that the vendor of the FGP assets is Stock Assist Pty Ltd not the Hannans sub. This detail was only added to the amended transaction announcement after the ASX query.

    Stock Assist is the mob already tasked with providing the death spiral funding to CLZ.

    Additionally, Stock Assist will immediately transfer 30% of the consideration shares to an "unrelated 3rd party". I wonder who this is, and if really "unrelated", why is it required to be stated as part of the agreement - ordinarily who cares what the vendor does with their consideration?

    More smoke and mirrors from CLZ. Very grubby.
 
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