At the moment this company has a cash burn of about 2 million dollars a 1/4
They can do all of this in 1 quarter while ONLY spending 2 million dollars.
Sorry Septa, again the above statements are misleading. CCC is no longer an explorer but a producer. Thus it has sales and operates on an accrual accounting system; hence they would have debtors on the books. We honesty do not know the make up on the availability of short term cash. Only yearly's & half yearly's can give the current/quick ratio's.
CCC Price at posting:
56.0¢ Sentiment: Hold Disclosure: Held
