price target 20c, page-9

Good critical points nobullnotOzzie,

Management will have to be asked these questions,

however i think captial may be required for:

* expansion of kangala to accomodate coal from Brakf or Roodekop

* expansion of kangala to 16 years or more

* expansion of kangala with neighbouring coal party

* purchase of colliery and plant next door

* progress Berenice

* expansion of Kangala to meet even extra demand requested requested