announcement - mckenzie project, page-8

MAD HARE: Below is a snap shot of page 4 of the latest Investor Presentation under the heading Transformational Changes it states there is planning in place for company name change subject to shareholder approval.You may be on to something about being a Coal Resource company instead of an Energy Co.


? Mackenzie Metallurgical (PCI) coal target Phase 1 drilling programme completed.
? Exploration Target upgraded to 150 Mt –240 Mt * (previously 120 Mt -170 Mt).
? Drilling programme covered only 60% of project area (southern section).
? JORC Compliant Report scheduled to be published in July 2013 (subject to completion of
laboratory testing).
? Corporate repositioning leading to reduced cost base to more sustainable levels.
? Planning commencing for company name change (subject to shareholder approval).