Ann: Quarterly Activities and Cash Flow Reports , page-2

re: Ann: Quarterly Activities and Cash Flow R... the most important points:

- The Company is currently completing the process and engineering design required to finalise the Feasibility Study, which is anticipated for completion in mid August 2011.

- The revised mine plan will result in a targeted production level of 35,000 tonnes per month from August 2011.

-The quality of coal produced from the Mangkok Project is consistently in the range of 6,500kcal to 7,200kcal making it a desirable Indonesian coal.