With all these projects about to happen, what will be the effect on the sp?
(1) The Company recently reported that it is set to begin construction of the Penumbra coal project by the end of the second quarter of 2011
(2) It is anticipated that the AIM listing will be completed in the third quarter 2011.
(3) The Company also recently announced that its American Depository Receipts (ADR) had commenced trading in the United States on OTCQX International. Each ADR represents 40 ordinary shares listed on the Australian Securities Exchange. ?Gaining access to U.S. investors and being able to share Continental Coal?s story and value proposition are very important to our future. We?re confident that the combination of being quoted on OTCQX paired with the extensive expertise and support of advisor and Principal American Liaison Madison Williams will provide the connection we are seeking with the U.S. investment community
(4) "Board formally approved the commencement of the Bankable Feasibility Study (BFS) for De Wittekrans in December 2010 and is currently advancing the main components of that study, with the preliminary results to be released to the market in July 2011."
2 or 3 weeks away hopefully.
(5) "The new spiral plant has already had an immediate impact on overall yields achieved at the Delta Processing Operations on production from the Ferreira Mine and will have a further positive impact on reducing unit operating costs and enhancing productivity"
What impact will these things have on the sp?
CCC Price at posting:
0.0¢ Sentiment: ST Buy Disclosure: Held
