Harry,in my view, Botswanna is just another very well sold/over sold part of the CCC story. Without a hole drilled its valued sky high by some dreamers. CIC was the poster child for Botswanna Coal. I see that's halved now to a market cap of $157m and with the deal breaking is going down every day. They are well ahead of CCC obviously and yet say minimum 7 yrs to production. Even if CCC have good success, how much is a project with so such a long time frame and so much uncertainty about infrastructure really worth? Hopefully they find something but its not yet certain that they made the right decision not to give up the leases as the Mashala management I think thought they should.
- Forums
- ASX - By Stock
- CCC
- go conti
go conti, page-96
-
-
- There are more pages in this discussion • 22 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CCC (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
SPONSORED BY The Market Online