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
- Forums
- ASX - By Stock
- Ann: Boardroom Radio Interview
I'm simply thinking back to what PL said during his outburst at...
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CCC (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
EQN
EQUINOX RESOURCES LIMITED.
Zac Komur, MD & CEO
Zac Komur
MD & CEO
SPONSORED BY The Market Online