CCC
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0.00% 0.1¢ continental coal limited

seriously undervalued

  1. coldhelium
    1,071 Posts.
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    22/09/11
    13:39
    Post #: 8995218
    As a benchmark re Rio selling coal assets in South Africa:

    Any deal for the Riversdale Anthracite Colliery in KwaZulu Natal province, which is producing about 750,000 tonnes of coal a year, could value the asset at around $US150 million ($149m), he said.

    http://www.theaustralian.com.au/business/mining-energy/rio-tinto-shortlists-bidders-for-south-african-coal-mines/story-e6frg9df-1226143311283
    CCC Price at posting: 21.5¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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