good buying op, page-7

Hi Guys

Nothing has changed at all with the company! tumblingmoth i believe you will find that the 10mt pa for stage 2 is dedicated to Ovoot only I believe the other 5m pa will be used for other prospects or other companies base loads. We wont know for sure until the scoping studies are produced.

Def the area shown is not for all of Ovoot but just of the DSO operation area which is where they are infill drilling. This is done in order to get a better grasp on this particular area for the study as it will be needed for modelling. Exploration and out-step program will only now just start as stated in the quarterly.

IMO we have only just touched the tip of the iceberg look at the recent holes drilled on the outskirts of the DSO operation. They still contain some of the best data so far

* DH218 Cumulative 50.95m
* DH234 Cumulative 39.01m
* DH247 Cumulative 84m

DH247 is a prime example that the thickness of the seams still continue to flow strongly out to the east. They are yet to drill out any further from this seam as you can see on the map.

Older drill holes from the out skirts of the drilled area

* DH 224 interested a total of 58.2 metres of coal
* DH 243 intersected a total of 42.3 metres of coal from
74.8 metres depth.



Shows the area highlighted in red that was just released in the quarterly

As you can see the results are still very good out to the edge of the project. Further drilling needs to continue into these areas which is what i believe they will now aim to do. Going by this I would say some of the best results are still to come.

GB