CCC 0.00% 0.1¢ continental coal limited

Lots of sensitive souls in here Musashi!I used to be one of...

  1. 13,575 Posts.
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    Lots of sensitive souls in here Musashi!

    I used to be one of them.

    Kicking myself I didnt get a few at recent lows as they do seem to have sorted a few of the issues hanging over them. But yet to sort out the major one for me,that being financial credibility.

    It certainly seems that with Penumbra now producing and a good hedging deal made at $123/t that they might just have finally kicked a goal to sort some of their rather complex corporate financial structure.

    Bit hard to justify such a low market cap now.

    Problem being imho this is why the share price is performing having come off a market cap low of around $20M.Still very much low end spec.

    Be good to see it push back up strongly for those VERY VERY patient souls that have held thru thick and thin.

    d.
 
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