CCC 0.00% 0.1¢ continental coal limited

At the end of the day, I am in CCC for all of 2011, and I...

  1. 6,591 Posts.
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    At the end of the day, I am in CCC for all of 2011, and I consider my investment in the company to be a wise one.

    The reasons for this are:

    1. The company is trading at

    A) a 42% discount to a conservative broker evaluation (12c/s, $430M) on the company,

    and

    B) a 65% discount to where I see the value of the company (20c/s, $700M market cap) being in 12 months time.


    2. Experienced management.
    3. Fantastic PR department.
    4. Viable longevity in the companys tenaments.
    5. Despite the 'green theory', coal is a neccessity for the world to go around, and will be for at least the next half century.
    6. BOTSWANA!
 
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Currently unlisted public company.

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