CCC continental coal limited

Who really knows River.Looking at the annual report the...

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    Who really knows River.


    Looking at the annual report the following stand out:

    1) far too many executives
    2) executives that draw a salary and various consultancy fees via their own personal companies
    3) inadequate cash flow to meet future liabilities
    4) lack of cornerstone investors ( prob because of above )
    5) high-cost AIM listing without any apparent benefit

    As a result, we now have complete loss of confidence by Australian shareholder base in the business and it's management.

    Gefi
 
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