Good breakdown RB Thankyou, some exiting projects I’m sure we would all agree. Also on face value some good reason to be optimistic.
I look at things a little differently. I look at that list and see great challenges and some very real and significant risk. I also through contacts in the industry have different insight into these projects which is why I remain very wary. Happy to break that down if you wish.
As I see it, there are a multitude of projects happening simultaneously, reading between the lines, many underpriced. It only takes one project to go wrong for things to unravel quickly. Pressure in the business to deliver right now would also be extremely high which perhaps explains why some key people have recently left.
Let’s be real here, if the CR for 5.3mill hadn’t come through, CCE would be very close to running out of money next quarter. Right now this is a business very much on the edge.
As you rightly point out and as I always maintain, let’s see the numbers, they never lie.
CCE Price at posting:
3.1¢ Sentiment: Hold Disclosure: Held
