current liabilities $46.8 mil, total $140.3mil

Annual report out, it shows "current liabilities $46.8 mil, total liabilities $140.3 mil"

March Qly report said total liabilities $69.9 mil, just after 3 months, this figure become $140.3 mil, interesting.

Current liabilities $46.8 mil which ccc need to pay back in one year, $3.9 mil per month. They can hardly make profit from the mining operation due to low coal price and high administration cost. CCC can only keep issuing new shares to pay debt or borrow more debt.

4.9c is overvalued based on the debt, IMO. I think it will move much much lower in coming months. You will still have chance to lose another 90% in today's price.