mines in the start up phase usually encounter delays.
I can't make it any simpler then this. If I go to your example of GBG and read the last 12 months announcements I will be able to logically follow what was proposed and what actually occurred and why.
Go to CCC announcements and you will find at various times the following mines and time stated -
Q1 2009 Witbank projected for production start
Q3 2009 Loksop projected for production start
Q3 2009 Project X projected for production start.
Q4 2009 Chelmsford projected for production start
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No I want everyone to concentrate for a moment on the following.
It is not the fact that CCC has changed course or delayed events. It's the fact they change direction but do not inform the market. No where in any of the CCC announcements will you find any reason for Witbank, Loksop or Project X not starting production or being delayed. No where, nothing nada zip.
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I don't understand what is so hard to understand about that simple point. Instead posters insinuate I am not chilled or I don't understand mining companies. It is just a simple point. I'm not saying you won't make money I am saying CCC have an issue and this is there issue.
CCC Price at posting:
63.0¢ Sentiment: None Disclosure: Not Held
