CCC continental coal limited

reporting practice

  1. 7,287 Posts.
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    It is interesting to experience how people (shareholders or otherwise) try hard to analyse every single angle of the company's business. What is the point in doing that? Every company has a policy to make important announcements public as part of the Code of Practice under the Corporation Act (Cth) and the ASX requirements.

    No company will tell everything to the public. In the case of CCC, they do have a sound platform (a lot of hedged debt i must add) for a significant take off in near future (6 - 12 months). Who would have thought that CCC would be in a position to dream about 7m tones ROM in 2013 when contemplating of acquiring Mashala in 2010?

    They are delivering now and there is no obvious reason, known to us mortals why they should not deliver in the future. Low volumes and apparent lack of interest is not confined just to CCC. Investors accross the board are nervous an reluctant to invest. I stick by $.50 before the end of the year.

 
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Currently unlisted public company.

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