no capital raising required. period., page-22

BBB for me the problem real lies with repayment of loan and interest all that funds u r talking will be put to good use with PEN development however CCC management has based its repayment of loan on high coal price and project completly on time for me both r high risk. PEN opex per ton is going to around 75 dollars any decrease in price of coal will adverse will effect the project... i have been in stock which had DY ratio in excess of present bank rate and still folded bcoz of loan repayment ....

anyway i am happy to be proven wrong for the sake of 13000 mom and dad investor BBB i will be in NZ for RWC will send u a email may be we can meet over some drinks