Investor Presentaiton

For personal use only 17 KORELLA PHOSPHATE DEPOSIT RESOURCE UPDATE: 4th September 2009 (POLYGONAL METHOD) LOWER CUT-OFF R₂O3% SiO2 TONNAGE & GRADE CaO / P,Os % (% P205) (Al2O3 + Fe2O3) 10% 19.3 million tonnes @ 19.0% P₂O 4.6 45.4 1.32 2 20% 8.3 million tonnes @ 27.3% P₂O, 3.56 26.2 1.39 2 5 25% 5.0 million tonnes @ 30.8% P₂O, 3.0 16.7 1.37 2 5

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