CCC continental coal limited

how can a $175m market cap be justified?, page-4

  1. abu
    6,673 Posts.
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    Insidemoney, CCC no longer an explorer. It's a little bit misleading just quoting cash balance.

    CCC being a producer an all we need to look at the Quick Ratio
    and Current Ratio
    regarding meeting immediate cash commitments e.g. receivables an unknown.

    If we were to look at the half yearly's Auditors put EDF into current liabilities which makes these ratio's look sickly. And we all know CCC pays EDF in coal presently.

    ... so jury's out at this end

    PS Nice to c ya Pisces - ya add some sanity.
 
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