botswana, page-2

Not sure where it mentioned maiden reource in the presentation Chris.Can you be a bit more specific as to where you saw it.

If they give a resource size value for the Botswanan tenaments it'll be a pretty loose number and Im betting it'll be on the large side with little coal quality info included.

They have really only drilled one or two confirmational holes in each potential area of the tenaments and these are very large areas which can not be accurately assessed by one hole.

This round of drilling is more about what portions of the tenaments they want to relinquish under the Botswanan exploration licensing regulations.They must release 50% of the land held under the current licences after 3 years and thats up towards the end of the year.

Cant see them getting serious about the higher
indicated/ measured categories until they have done their second round of drilling.

Heaps more to do here.

d.