There are a million ways to read and chart. It is good to see the similar sentiment amongst all technicals here. I am an intermediate at technicals, far from a pro. I value fundamentals more importantly in my investment but technicals I'm working on to improve my entry/exits to accumulate. But, we seem to have the same resitance, same support and similar targets. This is positive. I have not seen a negative chart here.
Mihal your fundamentals are spot on. I challenge anyone on here to show me a company that has brought a 750,000 tonne coal mine on quicker than CCC?
The speed that they have been able to bring mines into production/increase production is credit to sound management. Two black quarters as a result. Well done DT.
The figures thrown around for Botswana will add $100 mill cap and I dare say Penumbra will add another $50 mill.
My target remains 50-60c by the end of the year. Based on the above figures and current market cap it places CCC around 0.69c.
Don't worry Mihal, I had a sell off and finally put all my eggs in this basket for 2012, loading up. Maybe we can rent together if it doesn't work out hay ;)
"The biggest risk in life is taking no risk at all."
Add to My Watchlist
What is My Watchlist?