CCC continental coal limited

the real question that needs to be asked...

  1. 482 Posts.
    Fellow CCC Investors...

    We can worry about day to day fluctuations in Share Price...Vanmag being finally finalised...Mashala being acquired 100%....Asset Sales etc...but the REAL question that needs to be asked by SHARE HOLDERS is this...how can we go from MAIDEN NET PROFIT from Operations that continually break records in the half yearly March 2012 to....a $48M LOSS in the Full Year 2012 Report...in 6 Mths?
    Personally as an Investor this is hard to comprehend.
    With the Company looking to do CORE-NON-CORE Asset Sales/Rights Issue to keep afloat?
    Feel free to add you two bobs...if Mihal/RagingBoom is nearby feel free to jump in....Any experts in the field do jump in....?
    Source document snapshots below for REFERENCE...

    HALF YEARLY - MAIDEN NET PROFIT OPERATIONS CONTINUE TO PERFORM AND BREAK RECORDS


    FUL YEAR 2012 - $48M LOSS
 
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Currently unlisted public company.

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