10 cents here we come, page-16

Hi Certa,

Share amounts from trading room,

CCC 1,340,000,000 "seems out of date"

MCC 295,000,000

MCC around 6 MTA for 2010. 2011?
CCC 2011 2 MTA, or one third of MCC's 010' production.

MCC share price today around $13.

So lets work on CCC at double their 1,340,000,000 = 2,680,000,000 and divide MCC's 295,000,000 by this amount gives close to 9 fold MCC's shares on issue,roughly.

Then take 2,000,000 TPA compared to 6,000,000 TPA is one third production as said earlier.

Ending up with @ 9 fold in shares and a third production for 2011 Taking a 1 to 3 production volume times 9 gives approximately 27th value of MCC's today SP to CCC.

Equalling MCC's $13 divided by CCC's share volume and 2011 production of 2,000,000 combo at 27 giving us, 48 cents approximate "real value" for CCC today.

Only a very rough and quick calculation above.I could be totally out on these rough figures,however, it gives you some comparison.

Jake.