We have been told several time that CCC management actively monitor CCC threads on HC so here r some questions if u do not want to post on HC ur welcome to email me, which u have done several time earlier
1. Cash balance Sep 2011 Cash/receivables A$12m how much is real cash and how much is receivables. Also what is Feb 2012 cash and receivables
2. Ferreira and Vlakvarkfontein Coal Mines generate aggregate EBITDA of approx. A$9m for 6 months to Dec 2011 also CCL generates unaudited EBITDA of approx. A$4m for 6 months to Dec 2011
I understand the reduction in EBITDA because we do not own the whole stuff fair enough however I reckon from all accounts the cost of production on both the mines is 100% on our heads Why is this the case.
3. Vlakvarkfontein Mine sales revenue $14 million EBITDA $4 million margin 28.5% great. Ferreira Mine sales revenue $31 million EBITDA $5 margin 16.1%. Why is this the case r we still buy coal to improve export coal quality and loosing money and only making money on domestic coal from Ferreira. What is break up of revenue and EBITDA on Ferreira export and domestic coal.
4. In 2010/11 substantial investments made with approx. A$76m spent on exploration expenditure and acquisition of assets. What is break up of the big spend
5. PEN mine development cost 40 million how much is debt and how much is own fund
6. CASHFLOW statement been told several time CCC does have to provide this statement since it is an investment company. IMO for sake of shareholders it is high time we know what is happening with the cash
Also all management supports I do not have to name them who have hotline with JB can also answer
CCC Price at posting:
25.5¢ Sentiment: ST Buy Disclosure: Held