Ann: Company Update - Recent Progress with Projec, page-8

re: Ann: Company Update - Recent Progress wit... This announcement poses a few questions for me

The announcement appears to pose a break up of the company into power and mining. Does this mean that it is likely that SESE Power is to also become a publically listed company in the future which is to be owned by the current AFR share holders.

Negotiations for the marketing rights to Sese export coal have commenced.... does this refer to the mining license that is still yet to be granted?

Also . with regards to the recent speeding ticket – I don’t think this announcement blew anyones socks off. This is just another progress update informing holders of the current project status.

Sounds like April, May and June will be very interesting months