dont be fooled by the share price

CCI will become a very successful company within 2 years.

CCI has a strategy and a vision to create shareholder wealth.

Dont take my word for it, read the company presentations and recent announcements.

With 785 million shares on issue and a share price of 1.7c it has a market cap of about
$13 million. I have done my calculations and I estimate that CCI will be valued in excess of $100 million within 1-2 years time.

Should all the options and convertible notes be converted into shares the number of fully paids will amount to about 1.5 billion. Some people would consider this as a negative. The half a million or so options will only be converted if the fully paids hit 5c or more. So if people are thinking that there will be too many shares on issue in 2007 they are also assuming that the fully paids will be 5c!! Hence, what is there to worry about???

CCI has all the ingredients to become a najor chrome producer. They have a very experienced team, have some good assets which will be company makers in a year or 2 and are focussed to achieve their strategy.

This is exactly the same path Nido went through 20 months ago...and have a look at Nido's share price today!

And finally dont discount the stainless steel industry. If you have any concerns about the future of stainless steel, have a read of today's financial review. IT IS BOOMING AND WILL CONTINUE TO BOOM INDEFINENTLY.