CORPORATE PROFILE

OUR CORE BUSINESS: Our core business lies in the provision of independent assessments, valuations and reviews of mining projects.

POSITION IN THE MARKET: Our business is positioned between the mining and exploration companies on the one hand, and the merchant banks, brokers, lawyers, chartered accountants and investment banks on the other hand.

INDEPENDENT TECHNICAL REVIEWS OF MINING PROJECT ASSETS: We have over 12 years experience in reviewing and assessing mining project assets. Since 1990, we have reviewed more than 100 projects located in Australia and elsewhere, for a variety of clients and for a variety of purposes. Few consultancies can match our experience with gold, coal, base metals, mineral sands, uranium and precious stone projects.

PROJECT VALUATIONS: We have had wide experience in valuing mining and exploration projects. For most of this work (including all of our published work) we follow the procedures recommended in the Valmin Code, the code and guidelines for the assessment of mineral assets and mineral securities issued by the Australasian Institute of Mining and Metallurgy, and adopted by many Australian and international regulatory authorities.

We regard the Valmin Code as the pre-eminent international code of good practice.

INDEPENDENT EXPERT'S REPORTS: Bob Duffin is licensed by the ASIC to prepare full independent expert's reports, not just assessments and valuations which end at the project asset stage.

STRATEGIC ADVICE: We are able to provide private, strategic advice to selected corporate clients on a cost competitive basis, where our reward is linked to the success of the assignment.

ACQUISITIONS AND DIVESTMENTS: We are able to help companies with acquisition and divestments of project assets. We can also help with the identification and introduction of strategic partners.

PRIVATE EQUITY: Although most equity raisings in the mining sector are done through the stock market, we have access to several private equity funds willing to invest in the right mining projects.

ASSOCIATE CONSULTANTS: We use a wide range of associate consultants on our assignments. We use our network of contacts to ensure that the team we bring together for each particular assignment contains the optimum blend of skills for that task. Such a broad range of skills and experience are rarely available in any one consulting company. This approach also allows us to keep our overheads low, to the ultimate benefit of our clients.