Ann: Phase 1 Final Results Takatokwane South , page-9

Everything running smoothly by the looks of things. They have discovered some shallow coal horizons and will run a close spaced drill campaign on those isolated areas. If we're lucky, the results should confirm coal as shallow as 60m which is comparative to HDG and AFR. Importantly, the close drill spacing should allow for not only an inferred resource from this southern prospect, but an indicated resource as well in some areas.

I too am keenly awaiting that scoping study to see just how well we rate up against AFR. If we're in the ballpark, the market will have no option but to re-rate the stock in my opinion. Watch this space.