Continental Coal (ASX:CCC) Asset based valuation millions
shares on issue 1376 options on issue 520 capital raising, SPP and conv note 812.5 Fully diluted 2708.5
Total Measured and Indicate resources (million tonnes) 169 Potential New MI resources 500 Total MI resources 669
Comparative valuation metric from comaprable peer = $1.07/t 1.07
Suggested peer comparison value of resources 715.83 Cash, debt and sale of vanmag = 20mil - 13mil + 10mil 17 Potential cahs from exercise of options = 520 mill * 0.05 26 Cash, debt and sale of vanmag = 20mil - 13mil + 10mil 30 CR Money 16
Total value 804.83
Share (cents) 0.297149714
CCC Price at posting:
64.0¢ Sentiment: LT Buy Disclosure: Held