- AustraliaNorth AmericaWorld
Investing News NetworkYour trusted source for investing success
- Lithium Outlook
- Oil and Gas Outlook
- Gold Outlook Report
- Uranium Outlook
- Rare Earths Outlook
- All Outlook Reports
- Top Generative AI Stocks
- Top EV Stocks
- Biggest AI Companies
- Biggest Blockchain Stocks
- Biggest Cryptocurrency-mining Stocks
- Biggest Cybersecurity Companies
- Biggest Robotics Companies
- Biggest Social Media Companies
- Biggest Technology ETFs
- Artificial Intellgience ETFs
- Robotics ETFs
- Canadian Cryptocurrency ETFs
- Artificial Intelligence Outlook
- EV Outlook
- Cleantech Outlook
- Crypto Outlook
- Tech Outlook
- All Market Outlook Reports
- Cannabis Weekly Round-Up
- Top Alzheimer's Treatment Stocks
- Top Biotech Stocks
- Top Plant-based Food Stocks
- Biggest Cannabis Stocks
- Biggest Pharma Stocks
- Longevity Stocks to Watch
- Psychedelics Stocks to Watch
- Top Cobalt Stocks
- Small Biotech ETFs to Watch
- Top Life Science ETFs
- Biggest Pharmaceutical ETFs
- Life Science Outlook
- Biotech Outlook
- Cannabis Outlook
- Pharma Outlook
- Psychedelics Outlook
- All Market Outlook Reports
Mining Weekly reported that for the six months ended December 31, 2013, Continental Coal Ltd.’s (ASX:CCC,LSE:COOL) net loss attributable to members jumped by 146 percent, to AU$15.79 million.
Mining Weekly reported that for the six months ended December 31, 2013, Continental Coal Ltd.’s (ASX:CCC,LSE:COOL) net loss attributable to members jumped by 146 percent, to AU$15.79 million.
As quoted in the market news:
The company’s basic loss a share also increased to 2.29c from 1.37c previously, although its revenue increased by 28% to A$39.9-million during the six-month period.
Continental, however, pointed out that post December 31 it received A$5-million initial bridge funding as part of its recapitalisation strategy, adding that larger recapitalisation plans were also well advanced.
‘[As a result of the bridge funding], Continental has made key payments to current creditors and negotiated a three-month standstill period to recapitalise the group and restructure its financial arrangements,’ the company said.
Latest News
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.