CCC continental coal limited

Ann: Corporate Update , page-13

  1. 462 Posts.
    ok, I correct you Hope...

    firstly, CCC doesn't own 100% of it's south African assets, the ownership is between 50%-70% depending the assets..

    Secondly, the money received from sale of assets have to pay off the corporate debt first.... hardly anything left for Aussie CCC holders....

    Do your calculation, half of sale price then minus the corporate debt...see how much left....
 
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