All these delays such as: -VanMag settlement -Commencement of the construction of Penumbra (should have been producing from NOW) -Delay in BFS for DeWitt (originally were told that we would be producing from in late 2011). - A clear path to funding ( ABSA ) - Delays in the commencement of drilling in Botswana and now appears to be delays in results ( we where told late January for some results ). Etc etc ect. Have all had the effect of just about wiping out option holders. The board should now either put up or move on. Some are pulling some fairly big salaries out of Conti which to me are totally unjustified. Peter Landau's salary is on par with our Prime Minister need I say any more. The next week or two are going to be very telling for Conti. Otherwise I think we will be on the cusp of a riot by both oppie and shareholders.
CCC Price at posting:
19.5¢ Sentiment: Buy Disclosure: Held