Investor Presentaiton

Board of Directors Q Mike Chester Non-Executive Director Mike has more than 25 years experience in the areas of investment banking, mining company research and analysis, and funds management. During his career he has worked with companies including Solomon Smith Barney/County NatWest, Grange Securities and McIntosh Securities. Mike has originated initial public offerings and equity placements in the industrial and mining sectors for listed and unlisted companies. He has significant expertise in financial modeling, and project analysis. Mike is currently involved in corporate advisory and funds management. He holds non-executive directorship in other listed entities including NuCoal Resources NL, Carpentaria Exploration Limited and Black Fire Minerals Limited. Norah St. George Executive Director of Finance Norah has held a series of senior financial and commercial positions in industry, professional firms and during fourteen years tenure in the Australian Black Coal industry with Peabody Resources, BHPB, BMA, Thiess and Peabody Australia. Norah is a Qualified CPA and Longstanding CPA member. As well as specialist accounting qualifications Norah has a range of tertiary qualifications including a Bachelor of Arts (Sydney University), a Master of Commerce (Professional Accounting) (UNSW) and a Master of Business Administration (Deakin University). 7 Guildford Coal

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