Continuous Disclosure, page-2

In fairness we have just had the Christmas holiday period. This period doesn't just mean closures of KNL's office, but also closures of drilling companies, consultants, Governments departments etc. I feel your frustration particularly given the infrequent announcements to market, but given the time of year I'm willing to cut them just a little bit of slack, at least for now. I would however be a little disappointed if we didn't at least receive an update on one front before the quarterly is due.

We're all a bit like kids before Christmas, impatient and eager, but believe me, 'Christmas' will get here and when it does we'll all be smiling ear to ear.