9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable: xxi

RAB Capital Limited acts as investment manager / advisor for RAB Special Situations (Master) Fund Limited; RAB Global Mining & Resources (Master) Fund Limited; Polaris Prime Europe (Cayman) LP; SEB Prime Solutions - RAB Prime Europe UCITS Fund (a sub-fund of SEB Prime Solutions); RAB Energy Fund Limited; and RAB Octane (Master) Fund Limited and (together, the "Funds") which are the beneficial owner of part of the securities disclosed above as follows:

RAB Special Situations (Master) Fund Limited:34,558,764 ordinary shares and 7,000,000 warrants.

RAB Global Mining and Resources (Master) Fund Limited:500,000 ordinary shares

Polaris Prime Europe (Cayman) LP:231,078 ordinary shares

SEB Prime Solutions - RAB Prime Europe UCITS Fund:768,922 ordinary shares

RAB Energy Fund Limited:2,319,462 CFDs

RAB Octane (Master) Fund Limited:2,135,822 CFDs

The legal title to all of these securities is held on behalf of the Funds by their nominee, Credit Suisse Client Nominees (UK) Limited, with the exception of:

a) Polaris Prime Europe (Cayman) LP, whose securities are held in the name of its nominee, A/C Morgan Stanley & Co Intl Plc; and

b) SEB Prime Solutions - RAB Prime Europe UCITS Fund, whose securities are held in the name of its nominee, Skandinaviska Enskilda Banken S.A.

hese shares are held by RAB Capital Limited itself, with the legal title held on its behalf by its nominee, P.H. Nominees Limited.

*hese shares are beneficially held by Mr. William Philip Seymour Richards who is the appointed fund manager of RAB Special Situations (Master) Fund Limited and is an employee and executive director of RAB Capital Limited. The legal title to these shares are held in the names of two nominees on Mr Richards' behalf being: Fitel Nominees Limited (750,000 shares); and Pershing Nominees Ltd (250,000 shares).

Owing to the chain of control of all of the securities disclosed, we consider it appropriate to aggregate the holdings of the Funds, RAB Capital Limited and William Philip Seymour Richards as per Box 8 above.

10. Name of the proxy holder:

n/a

11.
to hold:

n/a

12. Date on which proxy holder will cease to hold
voting rights:

n/a


13. Additional information:


***this figure was calculated using 320,000,000 as the current issued share capital of the issuer as notified by the issuer's CEO to RAB Capital Limited on 18/01/2012.

14. Contact name:

Legal Team, RAB Capital Limited

15. Contact telephone number:

0207 389 7000

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