Having read the latest report I can't help thinking that there are too many projects on the books with more to come it is no wonder that consultant costs are so high as they are being appointed continuously and will absorb any funds generated and even force more new capital raisings Perhaps this is the nature of the beast we have,but concentrating on one or two large projects would certainly appear to be the preferred course in the early stages of the company Do other similar companies have such a large number of projects on hand with such limited financial resources? Even the big boys appear to have less projects than CCC and they have better finances!
CCC Price at posting:
57.0¢ Sentiment: LT Buy Disclosure: Held