Ann: Further Advances for Kingaroy Project , page-4

Production Pathway for Cougar.

1 Pre-Production Commissioning,Dec/09..Jan/2010.

2 Bankable Feasibility Study,2nd/3rd QTR 2010.

3 Licences and permits,3rd Qtr 2009/4th Qtr 2011.

4 Long Lead Items Procurement 3rd Qtr 2010/4th Qtr 2011.

5 "PROJECT FUNDING"...FOURTH QUARTER 2010.[take note]

6 Plant Construction 1st Qtr 2011/4th Qtr 2012.

7 PRODUCTION..1st Qtr 2013...yippeee!!!

Careful development leading to implementation

HM.