CCC 0.00% 0.1¢ continental coal limited

Ann: Penumbra Mine Equipment Delivered for First , page-9

  1. 1,981 Posts.
    re: Ann: Penumbra Mine Equipment Delivered fo... What a valuation, preconsolidation only 1 to 1.5 cents that too after PEN starts productionin 12 to 18 months. What a joke!!! Compare this to a year ago. The company is ruined by consultant fee and mismanagement, greed and administration fee. Money is going to director's pocket indirectly.
    I am sure no one will buy CCC unless they show profits in annual reports. Profit to share holders, that is what matters. I am pretty sure this greedy management will never show profit and share price will never improve.

    In short they will be mining and taking profit in fee, salary and other forms and ditch existing share holders.

    Now that lot of people know how bad OKAP is, no new big investor will ever invest. DWK will never be reality. they will have to sell this project to someone else as they have no credibility and no one would invest under their management.

    I wish they sell assets and return money to us and close the shop.
 
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