CCC continental coal limited

Has CCC already drawn down on funding for DeWittycrans? How much...

  1. 5,279 Posts.
    Has CCC already drawn down on funding for DeWittycrans? How much is required because already are have $60m in debt ie 2 times market capitalization of the company. $100m? With coal margins very very thin - how will CCC pay back the interest on the debt let alone the debt itself? Sorry to say but I can see the share price at 3c in 6 months. Be careful friends. Thx

    (Disclosure - I am not looking to buy)
 
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Currently unlisted public company.

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