CCC continental coal limited
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absa bank funding executed

  1. Hairyback
    46,541 Posts.
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    15/05/12
    14:03
    Post #: 10176722
    Announcement dated 8 February 2012.

    "The Company is also pleased to advise that satisfaction of the remaining conditions precedent to draw down of the US$35 million, seven year project loan facility to fund the Penumbra Coal Mine development, is ongoing and scheduled to be completed later this quarter, allowing draw down of the debt funds to meet the development cost of the Penumbra Coal Mine."

    "scheduled to be completed later this quarter"

    That quarter finished in march and it is now may.

    How are we travelling with this one mr brewer?

    CCC Price at posting: 15.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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