I seriously feel for all the shareholders, I was looking into investing in CCC around 6 months ago, purely based on what I had read on the company announcements, annual reports, quarterlies etc.
On paper the projects sound exciting!
What baffles me is how does a company in South Africa’s major coal fields have three operating mines, the Vlakvarkfontein, Ferreira and Penumbra Coal Mines, producing approx. 2.2Mtpa of thermal coal for the export and domestic markets have a share price of around 2c
I honestly know how you feel, seriously I do. I invested in lynas around the $1 plus mark after reading it's exciting stories and have lost A LOT OF MONEY!!
Stories should be left in a book.
Good luck all.
CCC Price at posting:
2.1¢ Sentiment: None Disclosure: Not Held