quarterly & botswana results, page-4

I think we are all hoping that these expenses are curbed as they concentrate on developing Penumbra abd DeWitt Acca.Its very important for the markets perception of CCC that they do so as many here are sick of the dilution for no particular gain, or a gain of little value.

The cash that is coming from the SIOC/cdt will be a welcome derisker for CCC's project development in the short term but they really must try and keep these expenses down.

Im personally watching to see just how they handle their line of credit from ABSA.If they use all this up and are incurring major interest expenses just for running the business the leopard will not have changed its spots.

d.