Birimian : Quarterly Cashflow Report

Appendix 5B

+Rule 5.5

Mining exploration entity and oil and gas exploration entity quarterly report

Introduced 01/07/96 Origin Appendix 8 Amended 01/07/97, 01/07/98, 30/09/01, 01/06/10, 17/12/10, 01/05/13, 01/09/16

Name of entity

BIRIMIAN LIMITED

ABN Quarter ended ("current quarter")

11 113 931 105 31 DECEMBER 2016

Consolidated statement of cash flows Currentquarter $A'000

1. Cash flows from operating activities

2. Receipts from customers

3. Payments for

   Year to date (6 months) $A'000

   - -

4. exploration & evaluation

   (899) (1,506)

5. development - -

6. production - -

7. staff costs (44) (87)

8. administration and corporate costs (283) (502)

9. Dividends received (see note 3) - -

10. Interest received 57 66

11. Interest and other costs of finance paid - -

12. Income taxes paid - -

13. Research and development refunds - -

14. Other (provide details if material) - -

    1.9 Net cash from / (used in) operating activities (1,169) (2,029)
15. Cash flows from investing activities

16. Payments to acquire:

17. property, plant and equipment - -

18. tenements (see item 10) - -

19. investments - -

20. other non-current assets - -

    Consolidated statement of cash flows Currentquarter $A'000

21. Proceeds from the disposal of:

22. property, plant and equipment

    Year to date (6 months) $A'000

    - -

23. tenements (see item 10) - -

24. investments - -

25. other non-current assets - -

26. Cash flows from loans to other entities - -

27. Dividends received (see note 3) - -

28. Other (provide details if material)

    Option agreement with Randgold 129 129

    2.6 Net cash from / (used in) investing activities 129 129
29. Cash flows from financing activities

30. Proceeds from issues of shares - -

31. Proceeds from issue of convertible notes - -

32. Proceeds from exercise of share options 731 1,152

33. Transaction costs related to issues of shares, convertible notes or options

    - (365)

34. Proceeds from borrowings - -

35. Repayment of borrowings - -

36. Transaction costs related to loans and - - borrowings

37. Dividends paid - -

38. Other (provide details if material) - -

3.10 Net cash from / (used in) financing activities 731 787

4.	Net increase / (decrease) in cash and cash equivalents for the period
4.1	Cash and cash equivalents at beginning of period	7,879	8,683
4.2	Net cash from / (used in) operating activities (item 1.9 above)	(1,169)	(2,029)
4.3	Net cash from / (used in) investing activities (item 2.6 above)	129	129
4.4	Net cash from / (used in) financing activities (item 3.10 above)	731	787
4.5	Effect of movement in exchange rates on cash held	-	-
4.6	Cash and cash equivalents at end of period	7,570	7,570

1. Reconciliation of cash and cash equivalents

   at the end of the quarter (as shown in the consolidated statement of cash flows) to the related items in the accounts

   Current quarter $A'000 Previous quarter $A'000

2. Bank balances 1,570 1,879

3. Call deposits 6,000 6,000

4. Bank overdrafts - -

5. Other (provide details)

   5.5 Cash and cash equivalents at end of quarter (should equal item 4.6 above) 7,570 7,879
6. Payments to directors of the entity and their associates Currentquarter $A'000

7. Aggregate amount of payments to these parties included in item 1.2 300

8. Aggregate amount of cash flow from loans to these parties included - in item 2.3

9. Include below any explanation necessary to understand the transactions included in items 6.1 and 6.2

   Payments for Directors consulting fees and Directors fees - $300,300

10. Payments to related entities of the entity and their associates Current quarter $A'000

11. Aggregate amount of payments to these parties included in item 1.2 -

12. Aggregate amount of cash flow from loans to these parties included - in item 2.3

13. Include below any explanation necessary to understand the transactions included in items 7.1 and 7.2

14. Financing facilities available Add notes as necessary for an understanding of the position Total facility amount at quarter end $A'000 Amount drawn at quarter end $A'000

15. Loan facilities - -

16. Credit standby arrangements - -

17. Other (please specify) - -

18. Include below a description of each facility above, including the lender, interest rate and whether it is secured or unsecured. If any additional facilities have been entered into or are proposed to be entered into after quarter end, include details of those facilities as well.

9.	Estimated cash outflows for next quarter	$A'000
9.1	Exploration and evaluation	760
9.2	Development	-
9.3	Production	-
9.4	Staff costs	40
9.5	Administration and corporate costs	200
9.6	Other (provide details if material)	-
9.7	Total estimated cash outflows	1,000

1. Changes in tenements (items 2.1(b) and 2.2(b) above) Tenement reference and location Nature of interest Interest at beginning of quarter Interest at end of quarter

2. Interests in mining

   tenements and petroleum tenements lapsed, relinquished or reduced

3. Interests in mining

tenements and petroleum tenements acquired or increased

- - - -

- - - -