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0.00% 0.1¢ continental coal limited

Hey Batcher1You don't even have to go a far as look at the coal...

  1. Kiwi67
    5,656 Posts.
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    03/08/13
    11:44
    Post #: 12150312
    Hey Batcher1

    You don't even have to go a far as look at the coal price to see where this all falls down.

    Look at just the touted cost reductions.

    Admin $9.5m. Finance $11.4m. Marketing $3m. = $23.9m

    Market cap. = $25.3m.

    It can only blow you mind to think that the above costs a year ago were $53m for a small cap miner. $10m to $14m just on marketing. And "market" they did!

    Did you notice the "Bought in Coal Costs" at Ferreira again?

    CCC Price at posting: 3.7¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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