Both RRS and CCC reported period was the same. Dec 31 2012.
CCC shows the loan unpaid and you can follow it in the finances. 18 (Page 42) Repayment of the principal and interest on the loan from Range Resources Ltd has been extended to 30 June 2013.
page 37.
Related party loans – unsecured (f) 2,115
(f) Loan is interest bearing at 10% per annum and repayable on or before 30 June 2013.
RRS you can not see in the finances (I couldn't). Only a paragraph.
"Repayment of the loan due from Continental Coal Limited was extended to 30 June 2013, with the loan having been repaid in full subsequent to period end." (Dec 2012)
Corporate affairs coming out of the same Okap office at Havelock st for both company's. Both Company Secretary's are Flegg.
So which one is wrong?
CCC Price at posting:
4.7¢ Sentiment: None Disclosure: Not Held