CCC continental coal limited

holy crap...thats a $41m variance....the admin expenses. alone...

  1. 482 Posts.
    holy crap...thats a $41m variance....the admin expenses. alone is worth more than market cap....i dont.recall.a.mention of royalty expense.of $10m....$20m impairment whats that from?....in pirate petes word this is.ugly....how.much of that was directors salaries and bonus incentives...how much was for consulting? can.ccc sue these consultants.for incompetent advise?...imho the variance is due to misleading.disclosures provided by the company...how on earth are you supposed to trust them on future forecast and.numbers? mashala 100% acquisition funds why was this not used as intended? vanmag 3.years late?...sioc terms with upstreaming cbash....pen revenue not able to draw down until 1 year ...$10m royalty expense? those are price sensitive info investors.need to.know..? even with pen.up and running the cash burn on.this is .. scary...would u trust this calibre of management again with your cash?...this smells litigation...someone needs to go through their books in detail to know where all the raised cash has gone?...
 
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