quarterly, page-32

Thanks Rorman

As a side note I regularly talk in conference with my Broker and the directors of a variety of Mining smal cap plays, and one of the first questions he asks with his own wallet in mind is to the effect "Should I buy shares or are you looking to raise money in the future".

The implications of which are, "Yeah its a great story but if I can get in later, I'll wait"

From my own perspective I hope that stocks I hold perform stronly in the short term but I am happy for them to do little in the first year, but I need to be confident that greater than 12 months down the track they will perform strongly. If prior to that mark. Great. If from that mark onwards. Great. If uncertainty persist beyond that time frame or is likely to. Not so great. Better returns elsewhere

At the moment I am convinced CCC fits into one of the first two mentioned categories, If it looks like slipping into the third its time to move on, and the fog of yet more acquisition could be reason to be nervy.

Hanging around for now and still rate as a buy

Viney