8.
LONG-TERM BORROWINGS
 
  2007   2006
  $ 000   $ 000
Financial lease* 16  
Asset retirement obligation 34  
  50  
* Long term portion of financial lease repayable in 36 monthly instalments at an interest rate linked to South African prime rate (at year end 12.5%).Secured with motor vehicle with book value of US$25,000.