CCC continental coal limited
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not comparable - their price of basket of REE's was around $15...

  1. Hansel4
    1,253 Posts.
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    19/07/11
    22:39
    Post #: 8697714
    not comparable - their price of basket of REE's was around $15 per kg when shares price was 50c then China stepped in around June 2010 with restriction on exports and their price of REEs has grown to around $224 per kg.
    If SA thermal coal price increased from $115 to $1,717 per tonne CCC would be trading at alot more than 3.8c per share. But i agree, CCC is undervalued - should be trading closer to 6c than 4c. With the way we are handing out shares 6c will soon equal to a company worth $300m.
    CCC Price at posting: 38.0¢ Sentiment: ST Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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