CCC 0.00% 0.1¢ continental coal limited

unv v ccc

  1. 1,137 Posts.
    Firstly, happy New Year all!

    CCC currently .072 and UNV is.046 that's right more than a 6 times higher SP than CCC

    UNV only floated weeks ago and has more than doubled from it's Initial prospectus price and has increased from it's IPO from .26 to .46 in a matter of days.

    Stonebridge on UNV's IPO gave a BUY recommendation with an initial target price of 95 cents!

    Please review the link below to read their recommendation and cross references to CCC.

    http://www.universalcoal.com/im/files/broker/stonebridge_research_report_24dec2010.pdf

    Table 1: Enterprise value per tonne of Resource and % inferred, Measured & Indicated
    Stock EV/t Coal Type Inferred Indicated & Measured
    UNV 0.15 Thermal & Coking 69% 31%
    MTE 0.17 Thermal 12% 0%
    AQC 0.17 Thermal & PCI 50% 0%
    REY 0.18 Thermal 65% 35%
    CCC 0.44 Thermal 63% 37%
    BND 0.45 PCI & Thermal 72% 7%
    COK 0.42 PCI & Coking 61% 39%
    NEC 0.45 Coking 58% 23%
    GUF 0.45 PCI, Thermal & Coking 0% 0%
    RIV 0.48 Thermal & Coking 74% 21%
    NCR 0.54 Thermal 70% 2%
    SMR 0.58 PCI, Thermal & Coking 56% 0%
    CCD 0.57 Coking & Thermal 56% 25%
    HUN 0.62 Coking & Thermal 18% 41%
    EOC 0.92 PCI, Thermal & Coking 82% 0%
    CLR 1.31 Coking 51% 16%
    AZT 3.08 Semisoft, PCI & Thermal 52% 55%
    Explorer Median 0.47/t

    UNV is at this stage, only an explorer with no mines in production.

    I personally believe that CCC blows UNV off the map.

    CCC has mining, contracts, finance, orders and shipping all in place and active, with so much future growth rapidly being put in place including much activity in Penumbra, Dewitt and probable great finds with the rapidly approaching drilling in Botswana. Bolstering this is DT at the helm along with many from the Mashala team having experience in production within the local environment.

    With growing international interest in CCC around the world and the AIM/UK listing, JV's with KORES, EDF agreements/funding, substantial holding by OZ and oh...so much more, the mind boggles what CCC's target price should be in the very near future :).

    Good luck CCC holders and once again Happy New Year.

 
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