Ann: Drilling Commenced in Botswana, page-70

Quite right in the SFR are the main explorer on the belt. Also quite spot on with the MTR exposure.

MTR brought CBE into for a number of reasons - reduce MTR capital expense, boost CBE price/potential and importantly to provide a pathway to a sale of the asset wheel retaining its own exposure - just like they did with MOD.

SFR have had all the best teams and rigs at their exposure which left KML with second rate gear and crew. That has been rectified. The KML team are going about their exploration in a methodical and cost effective manor - this may be to the frustration of us instant gratification PIs - but it is my opinion in will result in the results we all crave. They have used the DDs for strat holes to gain a better understanding of the geology, the news releases (in term of explaining their theories and processes) rom KML have been outstanding.