ccc village main tranaction bank now approved, page-34

Notready.

Thanks for taking the time to address us on the second day you have ever posted.
Maybe you could entertain us with these "beneficial/transformational cumulative effect"

How long do you think it will take a board of 13 (who voted in a pay rise of 60%) to burn through $8m???
Didn't the group just loose $ 7,291,000 during the half-year
ended 31 December 2012?????

$2m has been advanced before the Village transaction was completed. (probably to RRS)

So what new beneficial/transformational projects, will the money go to?

"Monies raised from the Placement will be applied to debt reduction, working capital requirements
and overall strengthening of the Company’s balance sheet"
Hmmmmm Non!

But it's going to be all good. Isn't it? A few asset sales and it will all be sorted. Right????!

"The consolidated entity’s current liabilities exceeded
its current assets by $21,538,000"

Oh dog doo doo. Maybe not!

Maybe those beneficial/informational effects you talk about relate to dilution?

6,700,000 directors fees.
100,000,000 Village
And now a new converted note it seems
42,000,000. (probably converted between late March and early April)

148,000,000 more shares. (around 29% dilution in just 40 days)

Transformational alright.

My "cursory glance" at your 5th post ever, shows me you have very little idea about the "mining and investment house" that is CCC.

Maybe you will find doing some research may have a "beneficial/Transformational effect" on you
(Ironic name by the way)