working capital facility and project update, page-14

Don't get me wrong hiphop....just concerned at some of the volumes being sold in PEB and who could be responsible.

We need some indication next week I believe that we are cash positive....if not then it could become a bit nervous.

It would be great to know what negotiations in regards to to projects were happening. Been looking at Bonai district and Orissa IO...to be granted an exploration project there would be quite a coup for IRL. Would seriously thrust sp northwards I believe given the nature of the deposits and the work that has already been done on them....nothing truly speculative in terms of indicative resource and grades.

Looking forward to AGM.....it will be good to get a grasp on whats happening post MK and what strategy remains.

Oppies look good with 15 months to convert.

Good luck to all.