CCC continental coal limited

6 producing assets in 2 years/10mt!!!, page-9

  1. 13,575 Posts.
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    If youve got a lot Furniture Id be doing what Funkys doing and trade with half.Its a great stock to be able to do this with as it ALWAYS trades decent volume since these recent issues.

    Personally, I rely on my fundamental strategies and my company market cap expansion model.

    But then Im only holding around the mill mark at just under 5c which is enough risk for my capital base.Id certainly buy more sub 10c if the funds allowed buyt youve gotta stop the URGE somewhere!

    In two years if they still have around 3B on issue and they achieve 7-8Mt/pa with over 2Bt resource in Botswana I would think you have to be looking at a market cap of 1.2-1.5B which puts them at 50c I believe.

    If wanting a range of sp's Id say 30-50c might be a good guide.Just my opinion though of course.

    d.
 
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