vote no to ccc directors options, page-8

Wow, management deliver the purchase of Mashala, significantly increasing the intrinsic value per share of CCC several times over (making you, the shareholder many % in profit), and they apparently don't deserve a reward for what they've achieved (which is very amazing, and EDF deal, coal loans, securing funding for expansion plans, etc etc). The current value of 100 million at share price of 7 cents is about 7 million dollars, compare this with the CEO of Transurban's paycheck (about 5.8 million for being a glorified toll man) and believe you me, CCC's options are not overly generous as you somehow managed to end up believing.

If you vote no to the options you're basically saying that management's achievements thus far deserve no reward, and to me, that'd piss them off (quite rightly) and they may perhaps just up and leave, CCC's best asset is management (plenty of other coal assets out there), so it's your choice, but take into account what CCC was before Don Turvey & Co joined, and what it is today.

*Rant Over*

*Flame Shield on*