CCC 0.00% 0.1¢ continental coal limited

Okay, since we're being gentlemen about it.The 12 million could...

  1. dtr
    502 Posts.
    Okay, since we're being gentlemen about it.

    The 12 million could have come in any time over between now and the last report.
    In that time (before they got the 12 million), they could have had a cash crisis - that wouldn't surprise anyone here, since they're going for high growth, high risk.
    So, we have no idea when they borrowed the money in the last quarter.
    2 million isn't a huge amount, so I doubt it was for an acquisition.
    Most likely it was an unforeseen, what that is, I won't speculate, I'll wait for Gunshow.
 
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