The shareprice has not moved post the annual result.
Perhaps all of us are scratching our heads trying to make sense of the somewhat messy result.
There seems to be little in the way of a forward looking statement or forecast. Perhaps that's not a surprise as the current result is messy due to all the development work - I can only imagine that the coming year will be equally hard to forecast financially.
Conti is all guns blazing on trying to grow their assets and move to further production so its hard to see them making anything other than a loss for at least another year with (hopefully) a large payoff down the track.
And plenty of risk in between.
Perhaps by the end of the day (or week) those who know far more than me about coal mining, CCC and their financials/outlook will being to vote on the market.
CCC Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
