is ccc going to be bankrupt ?

The company has approx. 20 million in cash.

Its share price has gone from 92c to 52 c.

At this rate we will soon be seeing say 42 c by next week.

The company keeps feeding good news.

Still the share price has taken a massive hit.

Coal is the only commodity which has withstood the crash .

Still CCC keeps going down ?

So I ask is the company going to be bankrupt or is the third mine never gonna make it ?

We know the third mine has coal its just getting 40 million which the company has consistently communicated that they will get through banks.

So, no capital raising either. Then why the consistent share price fall ?

Also a number of broker companies have consistently valued the company at 10 cents or near . Are they all lying ?
Have they been paid off ?

I really doubt.

One year ago when coal was 36% down from todays price. The company raised over 30 million without any issue .

So why doubt its ability to raise money now ?

Come on team see the light we are soon going to have
3 producing mines with only just over 150 million
market capitalization .

Can anyone give other examples of companies like this ?

This is a BUY , BUY , BUY !!!!!