Balance Sheet

US$000’s Jun-08 Jun-09 Jun-10 Jun-11 Jun-12
Assets          
Cash 5,320 7,085 33,530 88,807 60,308
Other current 378 354 670 5,857  13,782
Inventories -   -   -   -    10,600
Botswana tenements 11,140 18,523  28,878 37,771 56,179
Australian tenements 674 -   -   -   -  
Property, Plant & Equipment 411 415 1,157 95,159 289,123
Other financial assets       -   62,004
TOTAL ASSETS 17,924 26,377 64,235 227,594 491,996
Liabilities          
Payables 1,260 1,113 829  19,425 25,564
Loans and borrowings    -   -   -   -   205,000
Provisions 22  128 264 3,239 9,822
Other liabilities  -       -   -   568 13,363
TOTAL LIABILITIES 1,282 1,241 1,093 23,232 253,749
Equity          
Retained Earnings (5,924) (9,162) (12,480) (16,592) (31,138)
Current Year Earnings (3,238) (3,317) (4,112) (14,546) (21,051)
Contributed Equity 22,371 35,130 75,480 213,017 215,405
Reserves 3,433  2,487 4,254 22,483 75,031
TOTAL EQUITY 16,641 25,136 63,142 204,362 238,247
Shares issued = Million 130.1 190.1 301.0 437.1  442.1
Price - A$  $0.47  $0.25  $0.68  $1.20  $1.41
Market Capitalisation A$M  $61 $49  $205  $525  $623
Net Assets US$M  $17  $25  $63  $204  $238