6.1 Implementation of Pooling and Sharing Joint Venture (PSJV) The entity has implemented the PSJV on 7 April 2011, which was operational and being managed independently from Alexkor. The split of the accounting records was done successfully and therefore many of the challenges encountered during the entire implementation process were resolved in line with the requirements of the Deed of Settlement. The board of the PSJV is inclusive of members of the board of Alexkor and the PSJV (elected by the community).