re: Ann: Quarterly Activities Report for Dece... Need to keep in...

re: Ann: Quarterly Activities Report for Dece... Need to keep in mind that Ferreira is at the end of its mine life. So noone is going to give much weight to its revenue. It's also producing the high margin export coal.

* Acquired by Continental in November 2010
Conventional opencast thermal coal contract mining operation
* Mining commenced in August 2008 and is forecast to continue through to mid 2012

*Production to be gradually replaced by Penumbra following commencement of underground operations in 2012

Really need to see Penumbra come online without a hitch.