CCC 0.00% 0.1¢ continental coal limited

The wording sounds like they are planning to essentially wind up...

  1. 6,294 Posts.
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    The wording sounds like they are planning to essentially wind up CCC. Sell the mining business outright, sell the non-core assets like Wolvenfontein, Vaalbank etc, sell Botswana if they can find someone mug enough to buy it.

    If I actually believed a word that CCC told me, I'd consider this good news, because IMO these clowns couldn't run a bath, let alone a coal mining company. If we get anything back at all, that would be nice.

    But given that past experience shows I CANNOT believe a word CCC tells me, I won't hold my breath.

    Then they go and follow up the paragraphs on these 'sales' with a paragraph about how they are really and truly going to finalise Vanmag this time.

    Shows how much weight we should put on the preceding paragraphs, doesn't it?
 
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