Appendix 5B Mining exploration entity quarterly report
Appendix 5B Mining exploration entity quarterly reportIntroduced 1/7/96. Origin: Appendix 8. Amended 1/7/97, 1/7/98, 30/9/2001, 01/06/10.
Rule 5.3
Name of entity
Firestone Energy LimitedABN Quarter ended ("current quarter")
71 058 436 794 31 December 2011
Consolidated statement of cash flowsCash flows related to operating activities
1.1 Receipts from product sales and related debtors
1.2 Payments for (a) exploration & evaluation
(b) development
(c) production
(d) administration
1.3 Dividends received
1.4 Interest and other items of a similar nature received
1.5 Interest and other costs of finance paid
1.6 Income taxes paid
1.7 Other
Net Operating Cash Flows
+ See chapter 19 for defined terms.
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Appendix 5B
Mining exploration entity quarterly report
1.13 Total operating and investing cash flows (brought forward) | (1,340) | (3,514) |
Cash flows related to financing activities 1.14 Proceeds from issues of shares, options, Convertible Notes etc. 1.15 Proceeds from sale of forfeited shares 1.16 Proceeds from borrowings 1.17 Repayment of borrowings 1.18 Capital raising costs 1.19 Other - Interest paid Net financing cash flows | - - 146 - - (173) | 2,030 - 719 - (90) (173) |
Cash flows related to financing activities 1.14 Proceeds from issues of shares, options, Convertible Notes etc. 1.15 Proceeds from sale of forfeited shares 1.16 Proceeds from borrowings 1.17 Repayment of borrowings 1.18 Capital raising costs 1.19 Other - Interest paid Net financing cash flows | (27) | 2,486 |
Net increase (decrease) in cash held 1.20 Cash at beginning of quarter/year to date 1.21 Exchange rate adjustments to item 1.20 1.22 Cash at end of quarter | (1,367) 2,239 11 | (1,028) 1,892 19 |
Net increase (decrease) in cash held 1.20 Cash at beginning of quarter/year to date 1.21 Exchange rate adjustments to item 1.20 1.22 Cash at end of quarter | 883 | 883 |
Current quarter
$A'000
1.23 Aggregate amount of payments to the parties included in item 1.2
1.24 Aggregate amount of loans to the parties included in item 1.10 -
1.25 Explanation necessary for an understanding of the transactions
Directors fees (inc Exp reimbursements) - $78K.
Payments to wholly owned subsidiary, Lexshell Pty Limited, of which amounts are paid to third parties to make payments on behalf of Firestone Energy pursuant to its JV agreement with Sekoko Resources - $973K
Non-cash financing and investing activities2.1 Details of financing and investing transactions which have had a material effect on consolidated assets and liabilities but did not involve cash flows
N/A
2.2 Details of outlays made by other entities to establish or increase their share in projects in which the reporting entity has an interest
N/A
+ See chapter 19 for defined terms.
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Appendix 5B Mining exploration entity quarterly report
Financing facilities availableAdd notes as necessary for an understanding of the position.
3.1 Loan facilities
(The holder of the Convertible Notes has converted A$3.7million to equity as at 31 Dec 2011. The outstanding convertible note liability for Firestone Energy as at 30 Sept
2011 is A$21.0 million)
3.2 Credit standby arrangements
Estimated cash outflows for next quarter4.1 Exploration and evaluation
4.2 Development
4.3 Production
4.4 Administration
Reconciliation of cashReconciliation of cash at the end of the quarter (as shown in the consolidated statement of cash flows) to the related items in the accounts is as follows.
+ See chapter 19 for defined terms.
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Mining exploration entity quarterly report
Changes in interests in mining tenements6.1 Interests in mining tenements relinquished, reduced or lapsed
6.2 Interests in mining tenements acquired or increased
+ See chapter 19 for defined terms.
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Appendix 5B Mining exploration entity quarterly report
Issued and quoted securities at end of current quarterDescription includes rate of interest and any redemption or conversion rights together with prices and dates.
7.7 Options FSEAK FSEAM FSEAO FSEAI FSEO
7.8 Issued during quarter
7.9 Exercised during quarter
7.10 Expired during quarter
+ See chapter 19 for defined terms.
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Mining exploration entity quarterly report
7.12 Unsecured notes (totals only)
Compliance statement
1 This statement has been prepared under accounting policies
which comply with accounting standards as defined in the
Corporations Act or other standards acceptable to ASX
(see note 4).
2 This statement does /does not* (delete one)
give a true and fair view of the matters disclosed.
Sign here:
............................................................
Date: 31 January 2012
Company Secretary
Print name: Mr Jerry Monzu
Notes
1 The quarterly report provides a basis for informing the
market how the entity's activities have been financed for the
past quarter and the effect on its cash position. An entity
wanting to disclose additional information is encouraged to
do so, in a note or notes attached to this report.
2 The "Nature of interest" (items 6.1 and 6.2) includes
options in respect of interests in mining tenements acquired,
exercised or lapsed during the reporting period. If the
entity is involved in a joint venture agreement and there are
conditions precedent which will change its percentage
interest in a mining tenement, it should disclose the change
of percentage interest and conditions precedent in the list
required for items 6.1 and 6.2.
3 Issued and quoted securities The issue price and amount
paid up is not required in items 7.1 and 7.3 for fully paid
securities.
4 The definitions in, and provisions of, AASB 1022:
Accounting for Extractive
Industries and AASB 1026: Statement of Cash Flows apply to this report.
5 Accounting Standards ASX will accept, for example, the use of International Accounting Standards for foreign entities. If the standards used do not address a topic, the Australian standard on that topic (if any) must be complied with.
+ See chapter 19 for defined terms.
Appendix 5B Page 6 30/9/2001
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Documents associés | |
Appendix 5B |