I don’t think we need any wildcards for 2012, as coming good on stated objectives is what would help boost shareholder sentiment and investor confidence. It’s the same old things.
A prompt conclusion or settlement on: - Vanmag - SIOC-cdt deal - Mashala deal - Quarterly cash statements
And some updates/progress on - Kenya - Cornerstone investors and Institutional support - extension of Ferreira mine - drawdown on ABSA financing
And no more negative surprises like we saw with - the substantial write offs at Project X - the cost blow out on De Witts BFS - the please explain on the Chelmsford Coal Asset - Socius selling out and averaging down
The upside should be measurable and obvious things like: - completing Penumbra on time and budget - a positive finding in Botswana - De Witts starting development ‘permits permitting’ - other directors buying - continual improvement at Vlakvarkfontein & Ferreira - that the ‘one-off fees’ are a thing of the past - accepting the audit recommendations and adopting best practice
As a junior CCC is entitled to its share of ups and downs, but CCC shouldn’t have to be a massive test of one’s patience and wits, but because it is, that’s why current sentiment is where it is.
CCC Price at posting:
18.0¢ Sentiment: None Disclosure: Held
