CCC continental coal limited

re: Ann: Export Operations Continue to Exceed... "The drawdown...

  1. 46,541 Posts.
    re: Ann: Export Operations Continue to Exceed... "The drawdown will commence upon CCL funding up-front the balance of the projects development costs not met from the US$35 million tranche from its existing cashflow and upon fulfilment of the few remaining conditions precedent that CCL is well advanced in completing. First drawdown of the US$35 million tranche is scheduled later this quarter."

    That announcement is just to let us know that we will not get the announcements before the end of january.

    What about a van-mag update.

    I read capitol raising from the above but thats just me.

    IMHO
 
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