CCC 0.00% 0.1¢ continental coal limited

most interesting trading day for ccc today, page-34

  1. 13,575 Posts.
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    Its an interesting comparison Brendan in that CCC is doing similar stuff to what FMG did.

    * Expansion of resource/Tying up major projects

    * Tying up a major offtaker

    * Offtaker contributing to project development

    * Tying up finance

    * A VERY enthused CEO with excellent motivation and ground knowledge.

    Thing being CCC's job is made that much easier as there is nowhere near the capex required to bring in some excellent revenue.

    One can add to this that thermal export coal is unlikely to see any near to medium term drop in price as is South African domestic coal as this power industry is stressed as is, and is currently building one BIG new plant funded by IMF cash with other plant expansions recently completed.

    d.



 
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