In December 2012 a 10% deposit on Vanmag $1,000,000 was paid in good faith. Cannot see the buyers walking away from the settlement due within the next couple of months? Vanmag is a very small part of CCC big picture.
Look forward to the announcement on the 4th mine. It is shallow mining to develop which is low cost to get out of the ground and it's far bigger than the others so look out for the Bulls to enter the market on CCC.
You only need to look at the company recently spending over AUD$30,000,000+ on the development of the third mine which only a couple of weeks ago it was more than the market cap of CCC.
Further confidence is evidence the CFO buying CCC shares just before Christmas 100,000 share to add to his portfolio too know there is heaps of confidence in the camp at CCC.
In December 2012 a 10% deposit on Vanmag $1,000,000 was paid in...
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