CCC 0.00% 0.1¢ continental coal limited

conticoal looking at kenya , page-4

  1. 5,277 Posts.
    I beg to differ rpr8.

    Firstly, the only people who know whether this is the right move or not is Conti's management. They've delivered shareholder value so far, so I do not think they will stop looking in out best interests.

    Secondly, this appears to be a government tender. This is the cheapest way to get coal.

    Thirdly, by waiting a few years, Conti may well have to pay 10x the price.

    I'm afraid those looking for massive short term growth reallyy need to realise that Conti has a business plan to become a MAJOR player. This shareholder value will take years to play out and core to this is to purchase assets cheaply while they are available.
 
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