MS Cap Protected Nts S&P500 (SDM) Quote

Klipspringer Joint Venture
• BUILT AND OPERATED BY SOUTHERNERA
• JOINT VENTURE - 57% SOUTHERNERA / 43% NAKA
• 2.6 KM DECLINE – BUILT IN 15 MONTHS
• MINE LIFE APPROXIMATELY 10 YEARS
• FULL PRODUCTION 30,000 TPM; 46.5 CPHT; 151,200 CARATS PER ANNUM
• SOUTH AFRICA’S 3RD HIGHEST VALUE GEM DIAMONDS
• SUSPENDED DECEMBER 2003 DUE TO STRENGTH OF SOUTH AFRICAN RAND
• TRIAL MINING BEGAN IN SEPTEMBER 2006

In December 2006, SouthernEra announced that the implementation of a new mining method during the trial mining program (that) increased the revenue per ton by 94%.



*from southernera.com

From their website ---

"SouthernEra was formed 14 years ago as a focused diamond exploration company. In the decade that followed, our company emerged as a leading diamond mining company following the discovery and development of the Marsfontein and Klipspringer diamond mines in South Africa.

We pride ourselves on the dedication, professionalism and skill, of our exploration teams. SouthernEra Diamonds Inc. today has one of the most impressive portfolios of diamond exploration projects with advanced projects underway in Canada, Democratic Republic of Congo, Gabon and South Africa. All projects are located in high-potential diamond-rich areas with mineral analyses taking place in the Company’s two recovery laboratories situated in Canada and South Africa.

Good corporate governance is of fundamental importance to our board of directors and the management team. Transparency and adherence to best principles guide us in all jurisdictions in which we do business. SouthernEra fully endorses the Toronto Stock Exchange Guidelines for Corporate Governance and has been ranked highly by independent monitors for its achievements."

Really interesting company publishing first production today. Great financials with a book value of $0.21 and near its 52 week low.... a great entry point for a story that's just beginning.