CCC continental coal limited

Please explain today, is short term circuit breaker for the...

  1. 207 Posts.
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    Please explain today, is short term circuit breaker for the downward spiral of the share price....Day traders will have some fun make some quick trades and run....
    Share price needs to consolidate once bottom is ever formed.
    We need to see the FY results in the next few weeks, I am not holding my breath.....Need to know how much debt they have on their books and lets hope they dont cook the books again!
    Are they going to give us cash cost and margins on each mine no matter how bad the numbers are????
    So from what I have read almost $7m of the expenses is based on Directors remunaration packages and options and other dodgy hidden bonuses, perks, hand shake behind the scene deals....
    If this company is going to have debts of approx $70m as they start tapping into the Loan Trenches and guess what, very few mines are ever built on time and on budget, we will have Debt ratio of over 250% on its current Mkt cap of 27m.....People interested should do google searches on Laundau, Jason Brewer....a few more alarm bells started ringing...Hope I am wrong....fingers crossed, wait for FY results
 
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Currently unlisted public company.

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