nothing really new here however it has put a vague timeline on the the news we are expecting, i would only assume it would be a maximum of 3 months.
Over the coming months we expect robust news flow as outlined in the chart below and in particular the company expects progress on a number of fronts during Q1 2011 including:
First full quarter of export coal sales from Ferreira ? An update on major logistic developments in respect of port allocation for increased exports
Updated reserve and resource update for Continental?s South African operations
Commencement of mine development at Penumbra De Wittekrans BFS progress Start of exploration in Botswana and mobilisation of drilling contractors
Kenya Mui Coal Basin ? submission of tender to participate in coal exploration
Source Old Park Lane
CCC Price at posting:
61.0¢ Sentiment: Hold Disclosure: Held
