quarterly, page-4

? ROM thermal coal of 519,309 tonnes, up 10% on prior quarter and
totalled 1.93Mt for FY12, up 52% on FY11 production
? Total export quality coal processed of 212,442 tonnes, down 6% on
prior quarter and totalled 1.0Mt for FY12, up 55% on FY11
? Total thermal coal sales of 421,040 tonnes, down 1% on the prior
quarter and totals 1.86Mt for FY12, up 94% on FY11 coal sales
? Unaudited revenue of A$17m and gross profit from operations of
A$2.0m for Quarter
? Development of the fully funded Penumbra Coal Mine continued
with decline development advanced 249m during the quarter
? Settlement of BEE transaction with SIOC-cdt and proceeds of
ZAR140m received during the quarter
? Up to 18 month mine-life extension at the Ferreira Coal Mine
secured through acquisition of right to develop adjacent resources
? MOU executed with Total Coal, for a 12 month joint exploration
program on the Vaalbank Coal Project
? Option negotiated for the acquisition of a 50% joint venture interest
in a producing high quality coking coal mine in Colombia
? Appointment of Maritz Smith to the position of Chief Financial
Officer and Director of the Company