Ann: Continental Coal Enters into Binding Term Sh, page-11

re: Ann: Continental Coal Enters into Binding... C&P if the deal was worth > $200m I'm sure they'd be telling us about it by now.

Gefi is right, reality bites.

How times have changed since that infamous Park Lane Report which hyped the blue sky potential of Botswana & DWK, but interestingly assigned zero value to them.

Remember the great debates that raged on this forum as to whether to focus on the SA assets or to go for Kenya, Tanzania, Mozambique, Colombia etc etc. Seems like we have the answers now.

How sentiment, times & coal prices have changed.

Moving forward it's now looking like a very focused SA operation. I'm sure they'll continue to clean things up prior to JSE listing.

C&P if you haven't found them already I think if you search hard enough you'll find articles which say that DT was the one that introduced Mashala to Conti in the first place. Anyway, it looks like he's done a bit better than some of the earlier picks of PL, BB & AM.