CCC continental coal limited

please trim too many liabilties, page-25

  1. 13,407 Posts.
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    Mihal

    I have read each and every report of CCC. Honestly around Nov 2010, I was about to jump on CCC but my analysis did not allow me. I have been following it since that time. I don;t dial companies as I have no interest of listening "Feel Good Stories". Numbers speaks it self.

    Margins on local sales are $5 to $7 only(Their own report). Current production is 2Mtpa. That brings a total cash of around 10 Million Dollars.

    That is enough even to pay salary few top guys.

    Simply CCC is over crowded with too many liabilities.
 
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