Ann: Penumbra and Mining Operations Update , page-5

I would have thought that increased ROM, record production,the first two months produced the equivalent to 90% of previous quarters tonnage railed, on track for record sales,an 18% increase on monthly ROM and on track to exceed 300,000t for the quarter indicates to me that sales are up, revenues are up and therefore that will reflect in the bottom line.

I would not be surprised if CCC announces a nett profit for the coming quarter.

All in all a very POSITIVE ANNOUNCEMENT and it indicates that everything is going extremely well.


Ferreira Coal Mine and Delta Processing Operations

During the month of November 2011, ROM coal production of 61,660 tonnes at the Ferreira Mine was
achieved, 3% above the average monthly ROM production in the previous quarter. The Delta
Processing Operations processed a record total of 102,090 tonnes for the month, a 17% increase on
the average monthly plant feed rate in the previous quarter

Railings to the Richards Bay Coal Terminal (“RBCT”) from the Company’s Anthra Rail Siding for the
month totalled 52,845 tonnes of high quality export thermal coal. Railings in October and November
2011, the first two months of the current quarter totalled 117,036 tonnes and is equivalent to 90% of
the total tonnage railed in the September 2011 quarter.

The Company is on track for record sales of high quality export thermal coal from the Ferreira Coal
Mine and Delta Processing Operations for the quarter ending 31 December 2011.

Vlakvarkfontein Coal Mine

During the month of November 2011, the Vlakvarkfontein Coal Mine achieved ROM coal production
of 111,142 tonnes an 18% increase on the average monthly tonnes of ROM production in the
September 2011 quarter.
Thermal coal sales from the Vlakvarkfontein Coal Mine to the South African domestic market of
105,807 tonnes of thermal coal were made during the month.
Thermal coal sales from the Vlakvarkfontein Coal Mine in October and November 2011, the first two
months of the current quarter totalled 222,929 tonnes and the operation is on track to exceed
300,000 tonnes of sales for the quarter ending 31 December 2011