They'll say it's to fund one of their speculative (lol) ventures ,drilling ,or some other wild goose chase ,but it'll actually go into the whack up that they give themselves every few months .The only reason I'm bothering posting is that I find it sickening that they have the gall to keep doing what's been going on since day one, and to sympathise with some of the sad stories I've read here hoping that those so afflicted have learnt a salutory lesson that might benefit them in the future.
Their distance from where the majority of the retail investors are located seems to have shielded them for a long time but I sincerely hope someone is able to put an effective rocket up them one way or another. And let's hope they never get hold of another cash cow ,probably an unlikely wish
CCC Price at posting:
8.8¢ Sentiment: Hold Disclosure: Not Held