we are going to close the gap at 0.04, page-5

Nobody could of predicted the price fall, the japan earth quake and the subsequent nuclear reactor issues and how they have effected the market. Tonight they might be able to stop the meltdown in 3 reactors and cover the exposed rods, who knows.

The way the market has treated this crisis has seen companies in unaffected industries or competitors having falls worse then the GFC etc. Surely coal would become more valuable if countries decide to play it safe and go with old fashioned coal, wait till Bob Brown and Greens world wide start their campaign, politicians will be scared for years to come even though the new gen nuclear stations are safe. Coal prices are rising, and futures are predicting higher prices.

Yes PEN, SLX, PDN, etc were going to have large falls, but what has been seen on many shares over the past few days is overkill.

At $150 MC approx. CCC will be trading on a PE of less then 3 soon, and 1 not long after.