Remember our market cap today was a measly $83m. But this part...

Remember our market cap today was a measly $83m.

But this part is the FUNNY part , CCC assets are worth $115m not including cash or income onhand.

Work that out ? anyway time will readjust(rerate) that issue !

Current Looking Forward statement off CCC website !


-Strong operating and financial performance set to continue following maiden profit and record earnings achireve in 1H 2011/2012.

So we must be looking @ another net profit of $30-40m this year.


-1.2Mtpa of domestic sales from Vlakvarkfontein and 600,000tpa of high quality exports from Ferreira Coal Mine through the Richards Bay Coal Terminal.

1.2m x $10-$15 = $10m-18m
600k x $100 = $60m Gross

Total $70m to $80m Gross income and this will increase second half once 3 mine (Penumbra) comes on line in few months.


-Ferreira Coal Mine extension to mine life with acquisition of adjacent resources.


-First coal production and sales of 500,000tpa from Penumbra Coal Mine of high quality export thermal coal from Richards Bay Coal Terminal in 2H 2012.

500k+ pa = $50m+ gross$$$$$ here !!

-Finalisation of optimised BFS for De Wittekrans Coal Project and decision to proceed with development decision in 2H 2012.

-Completion of pre-feasibility study, upgrade of JORC resource and commencement of BFS for Vlakplaats Coal Project.


-Results form 60 hole exploration program and potential for strategic joint venture for Botswana.

-Further consolidation and expansion in Africa and other major coal producing regions.

Again why i think sioc is onboard , the big growth plan is in motion now and as u can see much more news to come !

http://www.conticoal.com/about-us.html