speak to the md, page-20

Keeping an eye on SMR announcements as their MacKenzie River coking coal project is on NRL south and east boundary of the current drilling.

In Yesterdays (31/3) announcement they make the comment that a second rig is going to Mackenzie River and they have been able to do some drilling despite of the rain.

http://www.asx.com.au/asxpdf/20110331/pdf/41xrzstkzqtv6z.pdf

Also, in their last quarterly report they make the following comment in regard to ash:

"Mackenzie River. Further test work undertaken on coal quality with coking properties pointing to the potential for a 10 to 12 percent ash coking coal product with moderate fluidity"