CLZ 0.00% 0.1¢ classic minerals ltd

Ann: Fraser Range Exploration Strategy, page-9

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 3,058 Posts.
    lightbulb Created with Sketch. 152
    NF, I agree that FR has potential. They poured Cash down the drill holes to see if they could grow money trees from 2012-2015. CLZ has been reinvigorated through a focus on the FGP and gold. The fallout from FR and transition to FGP has been significant dilution and a massive loss of capital to third parties for no return. I hope latest plan has been thought out with some common sense rather than pouring more money down holes looking to grow money trees. Personally, they should focus on the FGP and gold. Generate some cash flow and then look at FR. I don’t think CLZ are in a position to be exploring multiple projects at present. Seems to me the same mistakes will repeat and it will of course be SHs who are left holding the empty can. Anyway good luck!!
 
watchlist Created with Sketch. Add CLZ (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.