australian stockbrokers - wake up!, page-105

Brenden, I really wouldnt be surprised if we didnt see any great gains until PEN is fully funded, production of the mine there is ticking along nicely and we have some holes in Botswana showing some coal.

The thing I like about CCC is that the chances of us getting PEN production running smoothly is very very high, as is the chance of finding coal in Botswana. I know the risk is there, but the potential reward is huge. This company has a very very realistic chance of ending up with 2+Billion tonne resource, 7 MTPA and 150million operation profit within 3-4 years. But you can see that word crop up again, it still is a CHANCE its not concrete its not 100%.

Thermal coal price COULD drop. Cap raisings MAY be necessary. We may not get more richard bay port allocation.

These things COULD happen, but are unlikely. In the micro cap sector its all risk vs reward, CCC is smaller end of risk, higher end of reward.