INTREPID MINES Introduced 1/7/96. Origin: Appendix 8. Amended 1/7/97, 1/7/98, 30/9/2001, 01/06/10. ALL DOLLAR VALUES ARE AUSTRALIAN DOLLARS UNLESS OTHERWISE STATED
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Name of entity |
Intrepid Mines Limited |
ABN | Quarter ended ("current quarter") |
11 060 156 452 | 31 March 2016 |
Cash flows related to operating activities | Current quarter $AUD'000 | Year to date ( 3.months) $AUD'000 | |
1.1 | Receipts from product sales and related debtors | - | - |
1.2 | Payments for (a) exploration & evaluation
| (1,059) - (814) | (1,059) - (814) |
1.3 | Dividends received | 98 | 98 |
1.4 | Interest and other items of a similar nature received | ||
1.5 | Interest and other costs of finance paid | - | - |
1.6 | Income taxes refund | 129 | 129 |
1.7 | Other | 523 | 523 |
Net Operating Cash Flows | (1,123) | (1,123) | |
Cash flows related to investing activities | - - - | - - - | |
1.8 | Payment for purchases of:
| ||
1.9 | Proceeds from sale of:
| - - - | - - - |
1.10 | Loans to other entities | - | - |
1.11 | Loans repaid by other entities | - | - |
1.12 | Other (Cost of disposal of group entities) | - | - |
Net investing cash flows | - | - | |
1.13 | Total operating and investing cash flows (brought forward) | (1,123) | (1,123) |
Cash flows related to financing activities | - | - | |
1.14 | Proceeds from issues of shares, options, etc. | ||
1.15 | Proceeds from sale of forfeited shares | - | - |
1.16 | Proceeds from borrowings | - | - |
1.17 | Repayment of borrowings | - | - |
1.18 | Dividends paid | - | - |
1.19 | Other (share buyback and issue costs) | (2,750) | (2,750) |
Net financing cash flows | (2,750) | (2,750) | |
Net increase (decrease) in cash held | (3,873) | (3,873) | |
1.20 | Cash at beginning of quarter/year to date | 55,932 | 55,932 |
1.21 | Exchange rate adjustments to item 1.20 | (971) | (971) |
1.22 | Cash at end of quarter | 51,088 | 51,088 |
Current quarter $AUD'000 | ||
1.23 | Aggregate amount of payments to the parties included in item 1.2 | 85 |
1.24 | Aggregate amount of loans to the parties included in item 1.10 | - |
1.25 Explanation necessary for an understanding of the transactions
1.7
Other receipts of A$0.5 million relates to receipts from funds previously held in Papua
New Guinea now released.
1.19 On market share buyback purchases costs and associated brokerage and registry fees.
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 |
Nil | |
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 |
Nil | |
Add notes as necessary for an understanding of the position.
Amount available $AUD'000 | Amount used $AUD'000 | ||
3.1 | Loan facilities | - | - |
3.2 | Credit standby arrangements | - | - |
$AUD'000 | ||
4.1 | Exploration and evaluation | 650 |
4.2 | Development | - |
4.3 | Production | - |
4.4 | Administration | 450 |
Total | 1,100 | |
Reconciliation 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. | Current quarter $AUD'000 | Previous quarter $AUD'000 | |
5.1 | Cash on hand and at bank | 18,114 | 22,687 |
5.2 | Deposits at call or less than 3 months | 32,974 | 28,245 |
5.3 | Bank overdraft | - | - |
5.4 | Other (term deposits over 3 months) | - | 5,000 |
Total: cash at end of quarter (item 1.22) | 51,088 | 55,932 | |
Tenement reference | Nature of interest (note (2)) | Interest at beginning of quarter | Interest at end of quarter |
Refer appendix A | Refer appendix A | Refer appendix A | Refer appendix A |
Nil | Nil | Nil | Nil |
Interests in mining
tenements relinquished, reduced or lapsed
Interests in mining
tenements acquired or increased
Issued and quoted securities at end of current quarterDescription includes rate of interest and any redemption or conversion rights together with prices and dates.
Total number | Number quoted | Issue price per security (see note 3) | Amount paid up per security (see note 3) | ||
7.1 | Preference +securities (description) | Nil | Nil | Nil | Nil |
7.2 | Changes during quarter
| Nil | Nil | Nil | Nil |
7.3 | +Ordinary securities | 347,277,276 | 347,277,276 | ||
7.4 | Changes during quarter
| 22,761,020 | 22,761,020 | ||
7.5 | +Convertible debt securities | Nil | Nil | Nil | Nil |
7.6 | Changes during quarter
| Nil Nil | Nil Nil | Nil Nil | Nil Nil |
7.7 | Options (description and conversion factor) Share rights | Nil | Nil | Exercise price Nil | Expiry date - |
7.8 | Issued during quarter | Nil | Nil | Nil | Nil |
7.9 | Exercised during quarter | Nil | Nil | Nil | Nil |
7.10 | 233,902 83,900 317,802 46,949 63,617 110,566 Nil 93,898 135,234 229,132 | 233,902 83,900 317,802 46,949 63,617 110,566 Nil 93,898 135,234 229,132 | - - - - - | Expiry date 31/03/2016 31/03/2016 Vesting date17/07/2015 01/01/2016 - Expiry date17/07/2016 01/01/2017 | |
Expired during quarter - options Cancelled during quarter - share rights Exercised during the quarter - share rights Cancelled during quarter - options | |||||
7.11 | Debentures (totals only) | Nil | Nil | - | - |
7.12 | Unsecured notes (totals only) | Nil | Nil | - | - |
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).
This statement does give a true and fair view of the matters disclosed.
Sign here: Date: 29 April 2016
(Chairperson)
Print name: Peter Love
NotesThe 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.
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.
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.
The definitions in, and provisions of, AASB 1022: Accounting for Extractive Industries and AASB 1026: Statement of Cash Flows apply to this report.
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.
Intrepid Mines Limited published this content on 29 April 2016 and is solely responsible for the information contained herein.
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