options

Just having a browse through the latest announcement
Newbies should pay particular attention to the following

The Market cap of CCC
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A Director may be paid fees or other amounts (ie non-cash performance
incentives such as Options, subject to any necessary Shareholder approval) as
the other Directors determine where a Director performs special duties or
otherwise performs services outside the scope of the ordinary duties of a
Director. In addition, Directors are also entitled to be paid reasonable travelling,
hotel and other expenses incurred by them respectively in or about the
performance of their duties as Directors.
The following table shows the total (and proposed) annual remuneration paid to
both executive and non-executive directors.
Director 2012 2013
Jason Brewer $150,000 $150,000
James Leahy $240,521 $72,000
Don Turvey $756,486 $500,000
Mike Kilbride $54,672 $135,750
Johan Bloemsma $41,103 $71,250
Bernard Swanepoel nil1 $67,500
Connie Molusi $22,978 $67,500
1 Appointed 14 May 2013.

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How many of the current options are likely to be converted

Options
Number
Options currently on issue:
(Unquoted exercisable at $0.75 on or before 31 December
2013)
(Unquoted exercisable at $0.2216 on or before 15 May 2015)
(Unquoted exercisable at $0.64 on or before 31 October
2015)
(Unquoted exercisable at $0.10 on or before 31 March 2016)
(Unquoted exercisable at $0.368 on or before 23 August
2016)
11,000,000
12,500,000
1,627,549
25,000,000
13,950,893
8
(Unquoted exercisable at $0.20 on or before 16 July 2016)
(Unquoted exercisable at $0.057 on or before 6 December
2017)
(Unquoted exercisable at $0.05382 on or before 18
December 2017)
Subtotal
8,000,000
6,000,000
5,000,000
83,078,442
New Listed Options offered pursuant to the Offer
(Quoted exercisable at $0.50 on or before 30 June 2015)
76,278,740
Total Options on issue after completion of the Offer 159,357,182
The capital structure on a fully diluted basis as at the date of this Prospectus
would be 767,182,888 Shares and on completion of the Offer would be
843,461,628 Shares.
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The company has already had a one for ten consolidation