CCC continental coal limited

It's hard to get a real view on CCC, but I am interested in what...

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    It's hard to get a real view on CCC, but I am interested in what Saaiman has to say in this announcment. Surely they would have conducted an indepth due diligence before making this commitment:

    VMR Joint Chief Executive Officer Marius Saaiman said:
    “Our investment in Continental reflects VMR’s continued diversification strategy while maintaining our
    requirement to invest in strong, cash generating assets. We think Continental is at an inflection point
    in terms of its development. The Company has a strong portfolio of projects and has demonstrated its
    ability to develop and operate mines and we look forward to working and supporting the
    management team as production continues to increase and as greater value is recognised within
    the Company.”
 
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Currently unlisted public company.

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