CCC continental coal limited

Dancer,You have to let the haters hate. Peter Landau at the AGM...

  1. 100 Posts.
    Dancer,

    You have to let the haters hate. Peter Landau at the AGM said "it's not pretty" they managed to extend an $8mill debt, and finally settled a transaction 3 years in the making. After that AGM CCC was a gamble, not a trade IMO. They also got smashed on costs, continually overpromised, and did not plan for s coal price slide.

    I have had my finger on the sell button, but since then I have not seen any of the actions that got us here.

    The assets were good, but the management was not great

    That being said if you're a sell on CCC constructive comments, not BS 1 liners are the way to truly share with holders.

    For most CCC needs to go X 8 for a lot to break even.

    I am holding until mashala, and will consider buying if the next 2 months show's reliability and honesty from board

    All in all, I'm glad I held (from memory "it's not pretty" came at 7.5c), and I am enjoying this ride

    Webk
 
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