OPERATING RESULTS NET PROFIT “IMPROVEMENT  OF  398% ” The net profit from continuing operations after  income tax of the Consolidated Entity for the  period was $62,801,803 (2010: $12,601,084),  an improvement of 398% as compared to the  previous year. This result reflects an increase  in operating profits from the Renison Tin Project,  and profit on the sale of shares in Jabiru Metals  Limited ($55,268,640), Aragon Resources  Limited ($196,199) and Icon Resources Limited  ($252,942). The Consolidated Entity’s net profit after income  tax for the year was $62,296,608 (2010:  $11,780,984), an improvement of 429% as  compared to the previous financial year. PROJECTS INVESTMENTS CLAUDE HILLS  MT DAVIES WINGELLINA COLLINGWOOD RENISON MRC AZIANA WESTGOLD INDEPEND EN CE 04  OPERATIONAL REVIEW