G'day legin777 I have lost or you can call it down 600k on this stock from the highs Im in the mining industry myself I work in it. My opinions of CCc to tell the truth I think yes it has potential but when you back up a company to go forward and see it drown or floating adrift worries me where the direction it is going. may be some frustrating to the forum but Ferreira is highly capital intensive operation which long term isn't viable,yes good news production costs are down and production up considering it is only backing penumbras export coal which ferreira has 3 yrs before it is depleted.i myself had personally spoken to PL with great difficultly contacting someone to get through and though he sounded frustrated (he had been demoted)stated that bids on bots and other projects also have been put on the table and believed that vanmag was in final stages of sale.looks like share price may turn and if mashala is finalized the true potential of conti may arise but not of thee highs of 88cents ccc wants to be a large supply and coal in the future apparently and is focused long term on thanks and goodbye.
CCC Price at posting:
6.6¢ Sentiment: Hold Disclosure: Not Held
