Clee & Co new mining plan (attached plan below), if approved they will undertake CR and issue 10 billion shares @$0.002 to pay for the licence to use the plan, then if successful they will sell it to VIC for 50% -80% share of mining profits but the 50%-80% share of mining profits goes to a undisclosed 3rd party, unknown to the BOD and not announced to shareholders. So, necause this is such a good deal, let’s pay them some cash in advance and with shares that have not been approved by ASX.
They really played HDY shareholders.
Yes, this also makes me angry.
Actually, the more I unscramble the egg, the more angry I become.