Ann: Interim Financial Report for Half-year ended 31 Dec 2014, page-2

"Emphasis of matter Without modifying our conclusion, we draw attention to Note 1 in the half-year financial report, which indicates that the ability of the company to continue as a going concern is dependent upon the finalisation of the sale of Continental Coal Limited’s 74% interest in Continental Coal Ltd (South Africa) to Ivory Mint Holdings. This condition, along with other matters as set out in Note 1, indicate the existence of a material uncertainty that may cast significant doubt about the company’s ability to continue as a going concern and therefore, the company may be unable to realise its assets and discharge its liabilities in the normal course of business."

says it all....................