Nice news to hear, lets see CCC price raise, we should see some movement in the SP, lets hoe 40 cents, it needs a run very soon. Good post Legseleven
Two prominent international groups release research on South African coal producer Continental Coal Wednesday , 07 Mar 2012 Continental Coal
South African coal producer Continental Coal Limited ("Continental" or the "Company") is pleased to advise that in the past 24 hours research on the Company has been released by two prominent international groups.
The first note, from US firm Dahlman Rose & Co, under the title "Emerging Mid-Tier Thermal Coal Producer in South Africa" is an initiation of coverage with a BUY recommendation and price target of AUD$0.35 per share.
To access a full copy of this report please click here
The second research note, from UK firm Edison Investment Research, under the title "Investment summary: Strong H112 results" is a follow-up note on the Company following recent release of its H112 Results.
While not giving a recommendation or providing a price target, the analyst did make the following statement within the report:
CCC Price at posting:
24.0¢ Sentiment: Buy Disclosure: Held
