@ This stage what we know ? -- Established as profitable...

@ This stage what we know ? -

- Established as profitable producer and exporter!

- In 2010/11 sales revenues increased to approx. A$51m from zero in the previous year.

- In 2010/11 substantial investments made with approx. A$76m spent on exploration expenditure and
acquisition of assets.

- This investment is now beginning to be rewarded.

- Record run of mine production and record thermal coal sales.

- Revenues of approx. A$15M gross for Jan /Feb 2012.

- Ferreira and Vlakvarkfontein Coal Mines generate aggregate EBITDA of approx. A$9m for 6 months to Dec 2011

- CCL generates unaudited EBITDA of approx. A$4m for 6 months to Dec 2011

- Development of Penumbra proceeding on track, budget and forcast to have significant impact on earnings in 2012.

-Sioc-cdt onboard .

- JB buying more shares @.23.



And what are the things we waiting on? -

- Botswana drilling results.
- Vanmag sale.
- Acquisition of coking mine.
- Qreport due soon .
- Penumbra coming online next quarter.
- De Wittekrans Project.
- Mashala Buyout.

So too keep it short , ALL THIS @ A MC OF $83M ! anyone else on ASX please !