CCC 0.00% 0.1¢ continental coal limited

Ann: Boardroom Radio Interview , page-18

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  1. abu
    6,536 Posts.
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    I'm simply thinking back to what PL said during his outburst at a general meeting a few months ago. There is a recording of it lieing around where he mentions that revenue is likely to lag production by 12 months...

    5hare, here it is CCC - GM-Aug2012


    Mentions -

    1. No upstream cashflow into the parent, CCC, from the subsidiary, CCL, for a good 12 twelves months or so.

    2. Needing funds, this is where VAN-MAG comes, to complete Mashala transaction in Feb'13.

    3. CCC requires funds to survivie - this is where the sale of non-core assets come into play.

    ... first qtr '13 will be telling - we stay tuned
 
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