CCC 0.00% 0.1¢ continental coal limited

5Shareholder again brings up 2 issues.10 million for consultancy...

  1. 259 Posts.

    5Shareholder again brings up 2 issues.

    10 million for consultancy fees. For a company with a total value of 100 million, 10 million on fees? l doubt other companies similar to CCC spent 10 million on consultancy fees. Then again l am not a miner!

    And of course 5 million in the undisclosed box.

    Consultants are used all the time in area's such as coal and l understand costs are part of this, but 10 million for a company this size!
    Those of more experience here can advise me if these type of costs are typical?

    Look l am going to stick with the stock and bringing up questions like this, perhaps, will help management be more aware of what shareholders are talking about.

    CCC has a alot going on at the moment and most of it is positive.

    Pete
 
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Currently unlisted public company.

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