The following table summarises the current coal Samrec Compliant Resources held by the Company as at 30 November 2009.
|FSE/Sekoko Agreement||Farm name||Resource Category||Coal gross tons in situ (Mtons)|
|T1||Vetleegte 315 LQ||Indicated||28.873|
|Olieboomfontein 220 LQ||Not classified|
|Massenberg 305 LQ||Indicated||20.797|
|Duikerfontein 263 LQ||Inferred||13.949|
Information in this report that relates to exploration results, coal resources or reserves on the properties Smitspan 306LQ, Hooikraal 315LQ, Minnasvlakte 258LQ and Massenberg 305LQ is based on information compiled by Ms Catherine Telfer who is employed by Venmyn Rand (Pty) Ltd and is a member of The Australian Institute of Mining and Metallurgy and The South African Institute of Mining and Metallurgy. Ms Telfer has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which she is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the "Australasian Code for the Reporting of Exploration Results, Mineral Resources and Ore Reserves". Ms Telfer consents to the inclusion in the report of the matters based on her information in the form and context in which it appears
Further updates will be provided to shareholders in due course.
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