universal coal , page-5

Looks like it is you and me for now then overule1!

I like that it will:

- have only around 2M shares on issue (rather than 3 billion for ccc)
- $20-30M cash to fund development and no debt
- ready to mine
- similar assets to ccc

I hold CCC but sold down some to get in here.

I am concerned with CCC that the LNC royalties, remaining convertible notes, the EDF coal loan and the massive amount of shares issued at a discount recently will continue to pressure the SP. (Disc. I still hold CCC so hope I am wrong on that count)


UNV could be making money much sooner IMO

Good luck holder - wonder when we will list they banked my chq too