Proactiveinvestors recommends
Additional Information
Market: ASX
Sector: General Mining - Coal
EPIC: CCC
Latest Price: A$0.13  (-3.85% Descending)
52-week High: A$0.54
52-week Low: A$0.13
Market Cap: A$53.84M
1 year chart
digital-look imported chart image
1 day chart
digital-look imported chart image
Watchlist/Portfolio

Add to watchlist:

Only registered members can add into watchlist !

Register here !
Continental Coal
www.conticoal.com

Continental Coal Ltd (ASX:CCC) is a South African coal exploration and development company with current JORC resources of over 300Mt.  Continental holds interests in a number of early stage and advanced stage exploration assets in various established South African Coal mining regions.

CCC was formed to take advantage of the robust domestic and global demand for coal, with particular focus on South Africa, Botswana, Mozambique and Zimbabwe.

Full Continental Coal profile here
Is CCC a Buy, Sell or Hold?Get your FREE analysis of CCC
Pdf

Continental Coal director increases shareholding in company

19th Oct 2011, 12:29 am

Continental Coal (ASX: CCC) executive director Jason Brewer acquired 63,333 shares indirectly at $0.19 per share on 14th October in an on-market trade.

The purchase was for a consideration of $12,166 and Brewer now holds an indirect stake of 475,000 shares and 5 million unlisted director options exercisable at $0.075 on or before 31 December 2013.

In September Continental Coal completed its debt funding and related coal, foreign exchange and interest risk management facilities to be used for the development of its Penumbra Coal Project, its third coal mine in South Africa.

The company has also recently commenced a 60 hole and 9,000 metre exploration program in Botswana, with drilling now underway at the Serowe Project and to commence shortly at the Kweneng Project.

No investment advice

The Company is a publisher and is not registered with or authorised by the Financial Services Authority (FSA). You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

You understand that the Site may contain opinions from time to time with regard to securities mentioned in other products, including company related products, and that those opinions may be different from those obtained by using another product related to the Company. You understand and agree that contributors may write about securities in which they or their firms have a position, and that they may trade such securities for their own account. In cases where the position is held at the time of publication and such position is known to the Company, appropriate disclosure is made. However, you understand and agree that at the time of any transaction that you make, one or more contributors may have a position in the securities written about. You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate.

From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.