CCC continental coal limited

well...if by "history repeats itself" you mean that CCC will...

  1. 7,203 Posts.
    lightbulb Created with Sketch. 75
    well...if by "history repeats itself" you mean that CCC will climb to $.90 like it did in Jan/2011 i'm ready to sacrifice few extra $$$ on them.

    Fundamentals:

    - two operating profitable mines
    - own processing plant
    - easy access to rail
    - presold coal
    - positive cashflow from 4Q last year
    - banks willing to lend for a new project
    - coal hedged at a considerable premium to current
    contract price
    - experienced management willing to trimm down the cost
    - world wide demand for coal expected to grow by 30% by2020


 
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