Covered by Mihal in the following post
http://www.hotcopper.com.au/post_single.asp?fid=1&tid=1351720&msgid=7610199
* Executive Director Bruce Buthelezi has many years of high-level African management experience. He heads up Masawu investments, which holds 26% of Continental Coal Limited. Masawu represents the Zulu Royal Family, fulfilling Conti's Black Economic Empowerment (BEE) requirements. BEE partners will only receive returns after all capex/opex costs incurred by Conti have been recovered.
Isn't Masawu a shareholder, just like the rest of us
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