unv kangala bfs & wolvenfontein/penumbra, page-2

I think it is important for those who think Conti is moving too slowly or doesn't keep to timeframes to have a look at UNV for comparison.

5 projects and no coal out of the ground other than what they've drilled.
They are behind in their Kangala project by 4 months and the biggest hurdle is yet to come when they want to bring these projects in to production. Considering they haven't got a water license yet, it's still up in the air on this project for them.

http://www.universalcoal.com/b/a_kangala.php

They don't have 74% ownership of any project on their books, they can take their share to this level.