CCC continental coal limited

ccc...coal producer on a dream run, page-6

  1. 2,132 Posts.
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    Yikes, not sure that is well reasoned Espin. Its just a company promo, there's no analysis or news, just company summary. Perhaps more measured and realistic then some of their communications thankfully.(The mention of $10m convertible rather than $25m is is supposed to grow to and more balanced comments on debt equity mix suggest that to me.)

    In some ways Management has done a good job with CCCs profile it is true. That has led to high share volumes which is the first screen for institutional investors. That gives CCC chance to rocket ship once concrete good numbers are out. However, I don't think this article has any suggestion that first half numbers will look good Mr Sight. In fact this bit is bit of softener if anything:

    "Continental raised more than $A100 million in 2010, most of which has gone on acquisitions and project development ? a strategy the company will continue to actively pursue."

    I'm taking some time to look at CCC's half year cash flow, as far as can be guesstimated with no financials, this weekend.





 
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Currently unlisted public company.

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