re: long live cci holdings Cheerful,
you answered most of my questions already, thanks, but l wrote this list out over the W-E after reading the announcement, so here are a few further FAQs for your. l agree that with 4c eps the sp should be north of 60c and $1 cant be too far away - why would holders want to sell now especially if they have been waiting for years. Let the feast begin!
catching up on the recent announcement, do l gather that Pluto was a 3.5 mil write-off ? That would explain a lot of last years losses, yes?
CCI pope - borecore facility. do l gather that this is for analysing bore samples of coal for exploratory work ? could you explain this type of work ?
There seem to be a lot of new personnel and redundancies. What do you make of it ? Beneficial or not ?
Closure of CCI Indonesia - sounds like this one was a disaster. Apart from 350k loss do you know about previous losses ?
Seems like there has been a lot of litigation in the past, l hope that will not be a recurring theme. can you tell us about litigation with former CEO - is it a big payout ?
Sounds like CPB using options to make acquistion, which allows them to back out if it fails. Obviously acquiring on market is extremely difficult. l guess they will come back with a higher offer, but market now seems to be awake to CCI potential. l note that 2 new mine service corps - SDM + AAX, have listed at big premiums, so the market is hot on this sector currently.
"Nothing is better than an idea whos time has come.........." You may have to change your name to "exceptionally cheerful "!
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