take out on half year report, page-3

The financial statements show the cash movements and other information for the half year ended 31
December 2009. In summary, cash at the beginning of the half year was $ 35.9 million and cash at
the end of the half was $ 33.2 million, representing a net decrease in cash of $ 2.7 million. The
movement mainly reflects the proceeds from share issues of $3.0 million pursuant to the Asia
Convertible Bond Opportunities (ACBO) rolling convertible bond and $5.7 million in payments for
exploration costs as well as for administration, legal, environmental, heritage and sacred site
clearances.
On the basis that no further funding is received from any Joint Venture participant and results in the
Company funding the remainder of the Phase One 2009/2010 exploration programme, the Company
anticipates having approximately $29 million in banked funds immediately following completion of the
renounceable rights issue This will assist it in pressing on with the Company goal of drilling to gain
discovery success as soon as possible.

is this a concern as the partners may not contribute????