european debt crisis, page-23

Please note that he gives no time frame on the any apocalyptic outcome. Life is short, and staying on the sidelines for something that may or may not happen, is not a wise investment strategy.

In relation to Continental Coal, there is a large amount of earnings coming onto the table in the near future - Vlak, Ferreira, Penumbra, and De Wittekrans complex. In less than 12 months we will have earnings from all of these which will equate to around 2.5cps to 4cps at $120 coal (2mtpa export production). Apply whatever p/e you like to that in 12 months and it can be seen that the share price will likely multiply a minimum four times from where we are now. I do not envisage the sky falling in that time.