company update

I have just spoken to Michael Woodbourne who has explained to me that the company's results on the phosphate sampling should be out in a week or so's time. They are working in with the union and with dredging companies,so when they have built a JORC complaint resouce by the end of the year,they will be in a position to fast track the process early next year ,as they would have already done their homework with regards to getting the phospahte out of the sea beds. Mike is on his way to Nambia in a couple of days.

The Savannah Diamond Project after experincing some delays with regards to earth moving equipment, the new plant has been installed and we should see some results by the end of Novemeber. They will be using the revenue from the Diamond sales to help get the phosphate out of the ground