CCC continental coal limited

re: Ann: Preliminary Final Report and Appoint... Looks horrible...

  1. 3,686 Posts.
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    re: Ann: Preliminary Final Report and Appoint... Looks horrible with no real sign of recovery -
    plenty of signs in those numbers:

    Net tangible asset backing per share
    30 June 2012 $0.15
    30 June 2013 $0.04
    Down 69%


    Cash at Bank
    30 June 2012 14,595
    30 June 2013 4,496
    4,496
    14,595
    Down 74%

    Total Liabilities
    30 June 2012 139,663
    30 June 2013 143,075
    Up 2%


    etc etc............


    The big question is at the current cash burn where will the company get its money?
 
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