CCC continental coal limited

when are the shares likely to start trading?, page-16

  1. 577 Posts.
    Firstly cash burn on non-production item is a concern, when other expense makes up over 30% of your cost base it?s a problem.

    Secondly, I have been holding CCC for a while now, if you experienced the over promises and constant time delays in the past like existing shareholders you?ll know what I mean.

    Thirdly, the share issue and prices are constant and almost always to sophisticated shareholders. PL holds next to no shares.

    Last, market cap = Share price x no. of shares on issue, if they continue to dilute then that?s the problem. I done my own anlysis in the past and came to 20-50 cents, but the problem was they never met their targets. Vagmag sale is now delay over a year, there should be 3 mines in production instead of one now etc?

    I don?t expect this post to be popular, but I like to create a balance point of view to all the other positive thoughts.

    Like many, I wish CCC to do well,

    Holding long term.
 
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