the market won't know what has hit them, page-36

Much depends on whether the cashflow/profit from their current two mines is enough to keep this figure stable Shaba.

If their cash position continues to fall then I dare say the markets current assessment of a sub 6c raising may not be that far off the mark.

We know Penumbra is supposedly debt backed but DeWitt and the purchase of the balance of Mashala will be the other two main possible equity issue developments.

One certainly hopes that if Continental have current holders investing interests at heart that they will get this sp up prior to ANY further raisings, be they big or small!

I do beleive that there is about to be a global promotion that will include the Nth American market and they are quite bullish on thermal coal atm so it will be interesting to see just what sort of interest eventuates with both the AIM and possibly the OTCC market buying up Continental as well.

d.