update and change of company name, page-10

Not sure that it's "dead and buried", but it could very well go out to tender again under the supervision of the World Bank. I'm sure that if that were the case, SSC would be invited to re-submit.

As far as I can see Togo may or may not happen, and if it does, then it's a bonus, and should be viewed in that light. Unfortunately the expectation of instant success in Togo has not been good for us over the last few months.

As an investor, I feel that the current projects, (and the potential Eastern European acquisitions) are much more worthy of consideration (and discussion) when compared to the Togo deal. Bogdan for example, is potentially just as much of a Company maker as Togo might be, but without the massive CAPEX that Togo needs, and it's not in Africa.

I wish I could now fast forward to January 2012, when the drilling starts in Bogdan and results from Monty and NSW start flowing in!!