CCC continental coal limited
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news out columbian coal option, page-18

  1. Slj
    41 Posts.
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    17/05/12
    20:29
    Post #: 10190634
    9,723,977 shares issued as a fee, which at today's price has a value of $1.4m plus 12.5m options on top which also have a value for a $5m facility?

    Seems absurd that management would think that is a good deal.

    It would have been far less dilutionary for the company to just do a placement and pay a 5% fee.
    CCC Price at posting: 14.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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