Ann: Full Year Statutory Accounts, page-35

Yeah seen this heaps. And it’s a good representation for a junior just starting out.  But there is one floor in this graphical representation when it comes to company’s like CLZ.  The “Y” axis is “relative value”.  And therein lies your problem here.  There is very little room to move because of the continual dilution.  All the “relative value” has been sucked out of the company and only a major discovery will change that.  What are the chances of a major discovery? Very, very, very slim.  Throw it in the bin and start again with a clean slate.  Get NF on the Board with a Dean and some better people and bury the baggage as it will always weigh this down; always.

Yeah seen this heaps. And it’s a good representation for a junior just starting out.  But there is one floor in this graphical representation when it comes to company’s like CLZ.  The “Y” axis is “relative value”.  And therein lies your problem here.  There is very little room to move because of the continual dilution.  All the “relative value” has been sucked out of the company and only a major discovery will change that.  What are the chances of a major discovery? Very, very, very slim.  Throw it in the bin and start again with a clean slate.  Get NF on the Board with Dean and some better people and bury the baggage as it will always weigh this down; always.