CCC 0.00% 0.1¢ continental coal limited

someone's keen ???, page-48

  1. 1,253 Posts.
    Hope.
    It's a case of not trusting management. CCL SA is performing very well. CCC WA is performing ....well, you know what i am going to say.
    Everything has been delayed, including now Botswana results.
    Nothing has been completed on time.
    We have made a profit for the quarter but that’s only from the operations.
    We need to see a group quarterly to see the true profit/loss.
    What's the point of showing a profit of $5.4m when 'management' could have withdrawn funds of $10m for corporate fees for the quarter?
    Not saying that they have but we just don’t know which i think is the reason for the subdued share price.

    They absolutely give NO confidence to the share market.
    We'll have to wait for the half yearly report to see where we sit. I'll take a stab and say a loss of $2m
 
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