TOP 20 OPTIONHOLDERS
ANALYSIS OF TOP 20 OPTIONHOLDERS AS AT 28 April 2010
| Rank | Optionholder | Total Units | % Issued Capital |
| 1 | Yandal Investments Pty Ltd | 10,000,000 | 18.74% |
| 2 | Gee Vee Pty Ltd | 9,624,420 |
18.04% |
| 3 | Berne No 132 Nominees Pty Ltd | 2,200,000 |
4.12% |
| 4 | Mr Michael H Wilson | 2,110,000 |
3.95% |
| 5 | Blamnco Trading Pty Ltd |
2,000,000 |
3.75% |
| 6 | Lawrence Crowe Consulting | 1,100,000 | 2.06% |
| 7 | Mrs Li Ming Yu | 1,070,000 | 2.01% |
| 8 | Aotea Minerals Ltd | 1,000,000 | 1.87% |
| 9 | Croftbank Pty Ltd | 953,750 | 1.79% |
| 10 |
Technica Pty Ltd | 928,333 |
1.74% |
| 11 | Goldbondsuper Pty Ltd | 800,000 | 1.50% |
| 12 | Mr G and Mrs D Dunbar | 750,000 | 1.41% |
| 13 | ANZ Nominees Limited | 635,999 | 1.19% |
| 14 | Niddrie Holdings Pty Ltd | 614,558 | 1.15% |
| 15 | Den Dryver Super Fund Pty Ltd | 600,000 | 1.12% |
| 16 | Mrs Shandy Sui Han Wong | 564,000 |
1.06% |
| 17 | Tromso Pty Ltd | 500,000 |
0.94% |
| 18 | Octifill Pty Ltd | 500,000 | 0.94% |
| 19 | Florin Mining and Investment Company Ltd |
500,000 | 0.94% |
| 20 | Loxden Pty Ltd | 500,000 | 0.94% |
| Total | 36,951,060 | 69.25% |