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0.00% 0.1¢ continental coal limited

The best part of the whole announcement to we was:"Capital costs...

  1. coldhelium
    1,071 Posts.
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    26/11/12
    10:43
    Post #: 11107240
    The best part of the whole announcement to we was:

    "Capital costs for the approx. ZAR325m (approx. A$39m) mine development have been predominantly funded from the
    Company’s cash. The outstanding capital costs are fully funded from drawings under a secured project finance tranche of funding from ABSA Capital"

    I think conti is now a long term buy.

    Cheers


    CCC Price at posting: 5.2¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 17  Upvote
    lightbulb Created with Sketch.  Great analysis
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