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Thunderbolt

08/25/10 5:13 AM

#65 RE: Thunderbolt #64

"Do people think the tax announcement will have an impact?"

Our Chairman certainly thinks so.

"We have been working closely with the North Dakota Government to finalise an appropriate operating and taxation regime for
potash exploration and production within the State. We have developed an excellent working relationship with the relevant officials and stakeholders and have been pleased with the enthusiasm and cooperation we have received to date."

"We are hopeful that we will have appropriate regulations in place within the next legislative session. This will allow us to plan with more certainty and facilitate acceleration in the rate of development activities."