smart timing on new financial transparency

Just been thinking about the timing of CCC's new corporate governance(unwritten?) on the reporting of upcoming quarterly financials.

With all the hidden accounting(shennanigans) going on with consultant/various fees in the last year or so perhaps even CCC are looking forward to wiping the slate clean with some of this incoming cash and having the books as close to squeeky clean as they can get them rather than having to play the hot potato with various debt arrangements.

As long as we see the SIOC/cdt and Vanmag deals signed off, as mentioned by end of Feb, then any overhanging expensive non-core operations debt should be able to be paid out.One almost gets the impression from the way they cant attract a big significant that once this is done they may well become a damned site more transparent and attractive to the market overall and these funds MIGHT get a bit more serious about taking bigger chunks of CCC.

In fact the charts behaviour as of late might suggest that this may already be happening,abeit it at a fairly low risk level with the company capitalised at around 100M.

Its taken a while for it to sink in to my thick cranium that all the comments on CCC's lack of financial transparency is hurting the risk aspect of this company as it might appear to bigger funds and indeed with this large cash injection soon to come we are finally attracting some form of accumulating investor that is looking forward to a similar more appealing corporate form of CCC.

Its probably not surprising then that we are going to see these Qtrly financials from here on in.Hopefully it does indeed usher in a new type of longer term investor thats will ultimately rerate CCC as they bring value back into the company via project development and production.

d.