“The Vlakvarkfontein Coal Mine has been a real success story for Continental. It was our first coal mine into operation, a true greenfield project development and first coal production was achieved within 12 months of its acquisition”
“The operation has fully repaid all its capital development costs and is forecast to continue to generate free cashflow and dividends to its shareholders over the next 7 years.” Continental’s Chief Executive Officer Don Turvey said”.
Cheers Huckle
CCC Price at posting:
4.0¢ Sentiment: LT Buy Disclosure: Held