CCC continental coal limited
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19.9 % pre approval investment, page-8

  1. paprika
    5,279 Posts.
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    11/03/13
    12:27
    Post #: 11522187
    Has CCC already drawn down on funding for DeWittycrans? How much is required because already are have $60m in debt ie 2 times market capitalization of the company. $100m? With coal margins very very thin - how will CCC pay back the interest on the debt let alone the debt itself? Sorry to say but I can see the share price at 3c in 6 months. Be careful friends. Thx

    (Disclosure - I am not looking to buy)
    CCC Price at posting: 5.1¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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