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0.00% 0.1¢ continental coal limited

Yes Auswedes, it's in their accounts.Have you read the Competent...

  1. dtr
    502 Posts.
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    20/06/12
    23:05
    Post #: 10331248
    Yes Auswedes, it's in their accounts.

    Have you read the Competent Persons report?




    I get 205,000 tonnes of bought in coal, for a cost of ZAR68million for a sale price of ZAR736 per tonne = ZAR151million

    This is based on 2012 / 2013 intakes and pricing which hasn't happened yet.

    They buy in stranded coal from a nearby mine, wash it and sell it for export (hint - for a profit).
    CCC Price at posting: 9.6¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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