meeting, page-16

some ponts from meeting

all sounded very positive ,
CDS talking directely to the S/ african bank re approval , so it sounds like sign off is not far away
they have 3 drill rigs ready , staff ready to go in and start work
they have talked to all the farmers on there land and have approvals from them to go in and start drilling ,
drilling to start around august , september
scott mentioned that in his opinion CDS would have no problem raising money at the moment due to the responce he has had over the last couple of weeks since the presentation at the BBY confrence
CDS is looking for a MD to take to company to product and has a short list of 3 possibles
CDS being compaired to coal of africa , riversdale
escom has moved main power line off CDS land to next door properties
esco would look at building a new power station next door to cds land if the resource is big enough
capital raising will go to the big players , not smaller share holders

will read the rest of my notes tonight and post any other news , still in meetings all day to day

hope this helps

regards

stured


go cds go