who is smart catching a falling knife?

I suggested a few days ago 12.5 cents could be the low, looks like we could get there very soon.

Support levels have been broken and now CCC is at a new all time low.

CCC needs to be judged like any other producing company on its sales and profit figures, cash flow and debt level.

CCC at 14.5 cents has a market cap of $56.8m, is well less than what they paid for Mashalla and les than the $65m ABSA debt funding.

The SP is a function of future events and earnings. Given the delays the company has experienced it appears the market has revalued the SP in line with reduced future earnings.

The 7MTPA ROM by 2013 from current portfolio assets is continually promoted, yet I can't see how this is at all possible.