Sales and Promotion

The dominant marketing factor of our product is the extreme high demand for our metals. We have the clients ready in China, Germany, South Africa, Thailand, Singapore and Malaysia (mostly smelters and refineries) who are willing to buy everything we produce. We plan to promote our products and push the price up as much as we can during the project life span.

Tin Summary

Pure tin is a silvery white metal, which is soft, ductile and malleable. It is one of the oldest metals known to man, but it does not occur naturally as a metal. By far the most important tin mineral is cassiterite, a naturally occurring oxide of tin, which in its purest form contains 78.6% tin. Tin is a relatively scarce metal compared to some other base metals like copper, lead and zinc, with an average abundance of about 2ppm in the Earth's crust.

Tin (Sn) is a member of Group IV of the Periodic Table, along with carbon, silicon, germanium and lead. As a metal, the most important properties of tin are its low melting point, its non-toxicity, its resistance to corrosion, its attractive appearance and the ability to readily form alloys with most metals to create useful materials.

Tin is rarely used in its pure form because of it softness, it is almost always used in combination with other metals, either as an alloying element or as a coating.

In compounds, tin can appear in two oxidation states, either +2 (stannous form) or +4 (stannic form), and it forms various industrially-important compounds of each type.

Property

Production Plan

We plan to produce the following quantity of Tin Concentrate packed in 20' containers:

Tin possesses a unique combination of properties, which has led to its use in a wide range of applications. It finds many different applications as a metal, alloy or as a chemical compound. The two most significant uses of tin are in solders and tinplate. The total world consumption of tin is around 370,000 tonnes.

Tin Plate                                                                    Tin Ingots

Tin Solder - The most common use for tin                                Tin Food Containers

Market Analysis Summary

China is the biggest consumer of tin in the world. As long as this economy keeps on growing the demand will continue to increase. India is also catching up fast and increases their use of tin as more construction projects are executed and more industries are developing. Tantalite is used mainly in USA, Germany and China. The world economic growth also fuels more demand which makes it difficult to meet with current supply level of Tin and there are no major tin discoveries that can change this situation in the near to medium term.

In such growth, experts predict the resources boom will continue for many years to come and metals prices will continue to increase. The tin price is expected to increase from today’s $20,000-25,000/mt to the $25,000-30,000/mt level over the next 2-3 years and Tantalite and Niobium could break the $200,000/mt level.

Strategy and Implementation

The Company’s strategy is to focus on the EU and Chinese/Asian market with tin concentrate and ingots. A positive trial shipment of concentrate has already been sent to Malaysia Smelting Corporation in Penang - the world largest tin smelter. The smelter Assay Certificate show tin level of 65.5% Sn and very clean material.

Marketing and Logistic Strategy

Our marketing strategy consists of direct sales ex works and export to the end users in China and other markets. We have the logistic arrangement in place with RB Freight Management of South Africa www.rbfm.co.za and insurance policy with AIG (American Insurance Group)www.aig.com . We have an offer from QBE the largest credit insurer in Australia to get a credit policy when required. We plan to execute an Off Take Agreement in 2008; we now negotiate with several interested buyers. We have an offer for an Off Take Agreement to buy all our production from one of the majors.

Pricing Strategy

The pricing policy is set based on the market price as advertised on www.lme.com for London Metals Exchange and on www.kltm.com.my for Kuala Lumpur Tin Market; in most cases it will be say 100% of LME daily cash price less say $500/ton (treatment & impurity charge) for tin concentrate of say 65% Sn (Tin) content (for example if today the price is $20,500/ton we get $20,000/ton for the tin in concentrate we supply).

LME Tim Price in $US per tonne for the last 2 years (www.lme.com)

Breaking the $25,000/Mt!

Key Risks

Investors are advised to consult with their advisors prior to investment in our company due to the risks associated with investment in the mining sector.

These risks include but not limited to exploration success, operating risks, risks associated with resource estimates, commodity price volatility and exchange rate risk, environmental risks, insurance risks, competition risk, future capital needs, personnel and the speculative nature of the investment.

Political Risk: while Zambia is considered one of the most stable countries in Africa and the Zambian are very friendly people and the government is very keen to attract foreign investment and provide incentives to foreign investors, investment in Zambia may carry a higher risk than investing in Australia in terms of level of law protection, legal system, economic and regional stability, transport and theft risk.

Libra is trying to protect its assets through the right contacts and developing good relationship with the government at all levels, participation in local community projects (so far we assisted local schools around us to paint the walls, we assisted in the repair of local water bore hole and pump and we plan to further take part in social projects that can provide benefit to the local community); we also have a parliament member on our board - just in case.