"As a consequence of this development, Continental has deferred...

"As a consequence of this development, Continental has deferred finalising the completion of any refinancing of the Company through the current Rights Issue process."

Gosh. That was lucky. The underwriters and sub underwriters nearly had to stump up. Just as well that "offer" showed up.

You know the one. Where "Con" sub SA with 5 permits with no mining rights. One under ground mine having to be re planned. One pit and one dead mine pay all the 16m in con notes and leave spare cash.

Well at least the UK newbie are safe!