Ann: Roodekop Resource Upgrade / 50% interest ach, page-9

re: Ann: Roodekop Resource Upgrade / 50% inte... BFS should be completed soon.

Most recent quarterly:

"The first draft of the BFS is due at the end of May 2011.
...
The Company remains on target to commence mine development at Kangala in
the third quarter of 2011 before a planned ramp-up to a planned 3Mtpa run-of-mine (ROM) during 2012,
subject to regulatory approvals and BFS results.

...

ACTIVITIES PLANNED FOR THE JUNE QUARTER

Complete coking coal drilling at Berenice/Cygnus
Release of Kangala BFS
Continue negotiations with Eskom for Kangala off-take agreement
Complete Drilling at Brakfontein project
Commence geological modelling over Roodekop upon receipt of analytical data"

http://www.universalcoal.com/im/press/2011/quarterly-activities-report.pdf