CCC 0.00% 0.1¢ continental coal limited

for those complaining, page-9

  1. 13,575 Posts.
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    There's only one problem with that George.Market cap is currently 165M.

    Just over 3 billion on issue(undiluted) at 0.055.So they arnt THAT under market capitalised if they havnt sorted the incomings V's outgoings currently.

    Although I agree that their potential is a fair bit more than this with Penumbra and DeWitt in development being so leveraged to thermal export.

    Of course,no one knows what lies in Botswana, just yet.But if there's at least a 2 to 3 Meter seam of export/domestic grade at relatively shallow mineable depth,over a large part of the tenaments(secretly hoping its somewhat thicker than this in some places/arnt we all!), they should be pushing an inferred resource of over 1.5Bt.

    Don Turvey and the board of Continental have a vision (and it appears EDF has that same vision) that these fractured BEE assets can be brought together, and meaningfully contribute to reducing the forward thermal deficit over the next 5 to 10 years.

    Its hard not to share that vision given what has transpired in Asia in the last decade and the way in which India/China need to create cheap sources of power.

    Agree with your CGT tactics too!

    d.
 
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