CCC continental coal limited

Ok, so as of 29.11.2011A total measured resource of 89.1 Mt (60%...

  1. 1,071 Posts.
    Ok, so as of 29.11.2011
    A total measured resource of 89.1 Mt (60% increase) now De Witt has 48Mt from 12Mt (300% increase)
    Total potential production of 12.0+ Mtpa from the 10.0+Mtpa including 6-10Mtpa from De Witt. As I have stated in another post the 12.0+ is on the lower end of the scale but if you take the higher end it is close to 20.0Mtpa so once could assume that the mean is 16Mtpa. I look at it like energy companies - rate 12Mtpa as a P90, 16Mtpa as P50 and 20Mtpa as P10.

    I agree the market smashed CCC accordingly but what I see now is everyhting falling into place and this being the beggining of the resurgence. The market will reward ccc accordingly too.
 
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