Nilefos Minerals Limited:  Phase I:  Rock and concentrate production schedule
		Totals	2009	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026
	Units	or Avg.	-2	-1		1	2	3	4	5	6	7	8	9	10	11	12	13	14	15
MINE PRODUCTION
Operating Days	day/yr	350				350	350	350	350	350	350	350	350	350	350	350	350	350	350	350
Mine Capacity	tpd	1,000				1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000
Annual Capacity	kt	5,250				350	350	350	350	350	350	350	350	350	350	350	350	350	350	350
Waste Stripped	kt	525				35	35	35	35	35	35	35	35	35	35	35	35	35	35	35
South Valley ore	kt	3,150				350	350	350	350	350	350	350	350	350
North Valley ore	kt	700													350	350
West Valley ore	kt	1,400															350	350	350	350
Total Ore excavated	kt	5,250				350	350	350	350	350	350	350	350	350	350	350	350	350	350	350
Ore Grade % P2O5
South Valley	%	13.87%				13.87%	13.87%	13.87%	13.87%	13.87%	13.87%	13.87%	13.87%	13.87%
North Valley	%	13.71%													13.71%	13.71%
West Valley	%	14.68%															14.68%	14.68%	14.68%	14.68%
Combined	%	14.06%				13.87%	13.87%	13.87%	13.87%	13.87%	13.87%	13.87%	13.87%	13.87%	13.71%	13.71%	14.68%	14.68%	14.68%	14.68%
Contained P2O5
South Valley	kt	437				49	49	49	49	49	49	49	49	49
North Valley	kt	96													48	48
West Valley	kt	205															51	51	51	51
Total	kt	738				49	49	49	49	49	49	49	49	49	48	48	51	51	51	51
PROCESS PLANT
Stockpile
Begin Tons	kt
received from South Valley	kt	3,150				350	350	350	350	350	350	350	350	350
received from North Valley	kt	700													350	350
received  from West Valley	kt	1,400															350	350	350	350
sent to beneficiation plant	kt	5,250				350	350	350	350	350	350	350	350	350	350	350	350	350	350	350
End Tons	kt
Stockpile P2O5 grade %
Begin	%	-				13.87%	13.87%	13.87%	13.87%	13.87%	13.87%	13.87%	13.87%	13.87%	13.71%	13.71%	14.68%	14.68%	14.68%	14.68%
ore sent to plant	%	-				13.87%	13.87%	13.87%	13.87%	13.87%	13.87%	13.87%	13.87%	13.87%	13.71%	13.71%	14.68%	14.68%	14.68%	14.68%
End	%	-
Contained P2O5 kt
Begin	kt
P2O5 In	kt	738				49	49	49	49	49	49	49	49	49	48	48	51	51	51	51
to beneficiation plant	kt	738				49	49	49	49	49	49	49	49	49	48	48	51	51	51	51
End	kt
P2O5 Production
concentrate weight recovery	%	9.06%				8.97%	8.97%	8.97%	8.97%	8.97%	8.97%	8.97%	8.97%	8.97%	8.88%	8.88%	9.17%	9.17%	9.17%	9.17%
Concentrate produced	kt	473				31.380	31.380	31.380	31.380	31.380	31.380	31.380	31.380	31.380	31.081	31.081	32.109	32.109	32.109	32.109
concentrate P2O5 grade	%	39%				39%	39%	39%	39%	39%	39%	39%	39%	39%	39%	39%	39%	39%	39%	39%
P2O5 in concentrate	kt	184				12.18	12.176	12.176	12.176	12.176	12.176	12.176	12.176	12.176	12.059	12.059	12.458	12.458	12.458	12.458
P2O5 recovery rate	%	25%				25%	25%	25%	25%	25%	25%	25%	25%	25%	25%	25%	24%	24%	24%	24%
Plant tailings (m3)	density
Solid Waste	3.30	907				60	60	60	60	60	60	60	60	60	61	61	60	60	60	60
Water	76%	2,871				192	192	192	192	192	192	192	192	192	192	192	191	191	191	191
P2O5 Tailings	m3	3,778				252	252	252	252	252	252	252	252	252	252	252	251	251	251	251
Fe3O4 Stockpile	3.2	558				37	37	37	37	37	37	37	37	37	37	37	37	37	37	37