Balance Sheet

US$000’s Jun-09 Jun-10 Jun-11 Jun-12  Jun-13
Assets          
Cash 7,085 33,530 88,807 60,308 21,310
Other current 354 670 5,857  13,782 11,992
Inventories -   -   -    10,600 14,751
Botswana tenements 18,523  28,878 37,771 56,179 8,384
Australian tenements -   -   -   -   -
Property, Plant & Equipment 415 1,157 95,159 289,123 180,156
Other financial assets     -   62,004 17,621
TOTAL ASSETS 26,377 64,235 227,594 491,996 254,214
Liabilities          
Payables 1,113 829  19,425 25,564 27,286
Loans and borrowings -   -   -   205,000 150,851
Provisions  128 264 3,239 9,822 7,316
Other liabilities     -   -   568 13,363 999
TOTAL LIABILITIES 1,241 1,093 23,232 253,749 186,452
Equity          
Retained Earnings (9,162) (12,480) (16,592) (31,138) -52,189
Current Year Earnings (3,317) (4,112) (14,546) (21,051) -224,280
Contributed Equity 35,130 75,480 213,017 215,405 267,285
Reserves  2,487 4,254 22,483 75,031 76,946
TOTAL EQUITY 25,136 63,142 204,362 238,247 67,762
Shares issued = Million 190.1 301.0 437.1  442.1 486.9
Price - A$  $0.25  $0.68  $1.20  $1.41 $0.135
Market Capitalisation A$M $49  $205  $525  $623 $66
Net Assets US$M  $25  $63  $204  $238 $67