I'm simply thinking back to what PL said during his outburst at...

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