Ann: Encouraging Results - Recommencement of Dril, page-6

re: Ann: Encouraging Results - Recommencement... Have to agree with you guys, this is looking very nice.

From my understanding drilling is now substantially done on Mongo Tando, Ueca, Cacata and Kanzi, leaving only Chiboute before full JORC resource. I would expect the JORC to come out for Ueca shortly (although likely to be unexciting) and then only the last deposit to drill. A full JORC compliant resource by Q3/Q4 2011 looks pretty likely and on rate of cash burn, I think they won't need to dilute prior to this.

Given 117MT from Mongo-Tando is probably the least exciting deposit, I won't be surprised to see substantially more than the 570MT (especially since Kanzi wasn't included in that estimate).

Still haven't worked out why these deposits haven't been mined yet- there is a wealth of information out there and have been known about for years, but I suspect it was due to macroeconomic factors rather than the resource.

These guys are quietly going about their business and I think the project will speak for itself at the end of the day.