CCC 0.00% 0.1¢ continental coal limited

high debt+poor margins+poor management= end

  1. 207 Posts.
    lightbulb Created with Sketch. 11
    This is my last post regarding this dog! Lost 11k sold out a week ago.....For the existing share holders those who decide to stick it out good luck...miracles can happen, but it will be a long wait....
    The 2 existing mines are junk and the market realises this, the new mine if it does come online might keep CCC afloat.
    Issues HIGH DEBT, LOW MARGINS (non profitable mines at current prices and the most destructive problem is the mobsters that run this train wreck!
    Hope I'm wrong for the sake of existing shareholder, know the sinking feeling seeing our hard earned cash get flushed down toilet......
 
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Currently unlisted public company.

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