CCC continental coal limited

I had a quick look and it looks like range had 4.8m cash on hand...

  1. 46,541 Posts.
    I had a quick look and it looks like range had 4.8m cash on hand in there half yearly.

    Conti cash flow positive and 12 mil in bank and borrows 2 mil from little brother.

    Can only be two explanations.

    1: Contis figures are BS.
    2: Range needs an extra mil so lends conti 2 and will receive 3 back via interest concultancy fees ect ect ect.

    Gunshow see if you can get the terms of the loan agreement from jb also.

    LOL
    No wonder they cant attract a cornerstone investor.
    Tread carefully all.

 
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