general meeting, page-11

Hi all
Compliments to those who attended on their high quality information.

A couple of points I hope to be of use :

Drilling results for Monitor (MHL) expected this week.

Could not disclose numbers but were good

TS was very confident of a 10c per share dividend

He thought the current price of CFE shares was undervalued because Institutional Investors (II) were not yet aware of the potential of Marampa.

TS intends to take a roadshow to the institutional investors in March to introduce them to the Marampa project hopefully this will create more interest.

.IIs hold 31% of CFE capital which is substantial for a smaller co like CFE and reflects TS efforts in bringing the co to their attention and ongoing efforts.

He considers Sierra Leone to be a fairly stable country safer than SA.

Recent sales of 15m (not sure if that is $s or no of shares) were by an II but TS considers these will be finished in 2 days

African Minerals have employed an ex Fortescue Mining engineer who was responsible for completing their line in 6 months so are expecting a Fast track (forgive pun).

Thats my small contribution. General impression from conversation with TS and others after was there was a lot more in the pipeline, and to watch out for announcements. Dont you wish they werent so restricted in what they can disclose as I got the distinct feeling there was a lot they were holding back!
Cheers!
Malsbooks