next week , page-2

Thanks Gunshow - in spite of the painful, frustrating, infuriating, exasperating, galling, mind-boggling, woeful delays we've had to endure, [VanMag etc etc etc] which have been thrashed to death here over the last x months - I am calmly optimistic that 2012 will be a comeback year for CCC. Happiness is relative to the amount of suffering which has gone before - so us long termers should [HOPEFULLY] be in for a happy year. I've been averaging down, down, down, and driving my wife crazy by doing this. For the sake of my marriage, at least, those bloody CCCOs had better get a wriggle on!

Thanks for the charts GS, FM, Martis, Eric, and others - good to see the TA & FA guys signing from the same hymn sheet for a change.

My wishlist for the next few months:

- VanMag USD10m in the bank & no more 3 year-long sales sagas with Chinese groups

- SIOC-cdt USD18.3m [ZAR140m @ x-rates of 1USD=7.649ZAR] link Plus a clear indication that SIOC-cdt will be funding their 26% share of development costs

- The UK & European "instos" who were pushing for the AIM listing & consolidation to finally step up to the plate & start buying on market & lodging "substantial holder" notice(s)

- Get DeWitt into production ASAP, with no new wash plant & rail siding. Glencore-Xstrata-Shanduka should have the funds & infrastructure to oblige here

- Clear direction & timeline on Vlakplaats, plus some communication from KORES who seem to have fallen off the map (wanna buy some CCC's guys? they're going cheap. If you like COK, you'll love COOL-CCC

- Get Penumbra into production on time, on budget - hitting that nameplate by year's end

- Prove up some clean thick coal seams in Botswana - at least 2BT please, low strip ratio, export & Eskom grades, nothing less!

- Start issuing standard, consistent quarterly cashflow reports, like other mining companies, so we can see exactly how much cash is coming in & going out (including the non-mining stuff!)

- No more dilutionary deals with sharks like Socius

- Get that long mooted JV with Total at Vaalbank sorted out

- Extend Ferreira for 2+ years, as per AGM presentation

- Keep doing what you're doing at Vlakvark, Ferreira & Delta ops

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that's not too much to ask is it?

Cheers

M.