THOMSON RESOURCES LTD +Rule 5.5
Mining exploration entity and oil and gas exploration entity quarterly reportIntroduced 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 | ||
Thomson Resources Ltd | ||
ABN | Quarter ended ("current quarter") | |
82 138 358 728 | 31 December 2016 | |
Consolidated statement of cash flows | Current quarter $A'000 | Year to date (6 months) $A'000 | |
1. | Cash flows from operating activities | 0 | 0 |
1.1 | Receipts from customers | ||
1.2 | Payments for | (62) | (94) |
(a) exploration & evaluation | |||
(b) development | 0 | 0 | |
(c) production | 0 | 0 | |
(d) staff costs (excludes direct exploration salaries) | (7) | (15) | |
(e) administration and corporate costs | (45) | (99) | |
1.3 | Dividends received (see note 3) | 0 | 0 |
1.4 | Interest received | 0 | 0 |
1.5 | Interest and other costs of finance paid | 0 | 0 |
1.6 | Income taxes paid | 0 | 0 |
1.7 | Research and development refunds | 82 | 82 |
1.8 | Other (provide details if material) - Tenement security deposits refunded/(paid) | (10) | 0 |
1.9 | Net cash from / (used in) operating activities | (42) | (126) |
- Cash flows from investing activities
Payments to acquire:
property, plant and equipment
(1) (1)
tenements (see item 10) 0 0
Consolidated statement of cash flows
Current quarter
$A'000
Year to date (6 months)
$A'000
(c) investments
0
0
(d) other non-current assets
0
0
2.2
Proceeds from the disposal of:
(a) property, plant and equipment
0
0
(b) tenements (see item 10)
0
0
(c) investments
0
0
(d) other non-current assets
0
0
2.3
Cash flows from loans to other entities
0
0
2.4
Dividends received (see note 3)
0
0
2.5
Other (provide details if material)
0
0
2.6
Net cash from / (used in) investing
(1)
(1)
activities
Cash flows from financing activities
Proceeds from issues of shares
Proceeds from issue of convertible notes
Proceeds from exercise of share options
Transaction costs related to issues of shares, convertible notes or options
Proceeds from borrowings
Repayment of borrowings
Transaction costs related to loans and borrowings
Dividends paid
Other (provide details if material)
3.10 Net cash from / (used in) financing activities
- Net increase / (decrease) in cash and cash equivalents for the period
Cash and cash equivalents at beginning of period
Net cash from / (used in) operating activities (item 1.9 above)
Net cash from / (used in) investing activities (item 2.6 above)
Net cash from / (used in) financing activities (item 3.10 above)
68 152
(42) (126)
(1) (1)
80 80
Consolidated statement of cash flows
Current quarter
$A'000
Year to date (6 months)
$A'000
4.5
Effect of movement in exchange rates on cash held
0
0
4.6
Cash and cash equivalents at end of period
105
105
5.
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
5.1
Bank balances
104
67
5.2
Call deposits
0
0
5.3
Bank overdrafts
0
0
5.4
Other - term deposits
1
1
5.5
Cash and cash equivalents at end of quarter (should equal item 4.6 above)
105
68
Current quarter
$A'000
42
0
- Payments to directors of the entity and their associates
Aggregate amount of payments to these parties included in item 1.2
Aggregate amount of cash flow from loans to these parties included in item 2.3
Include below any explanation necessary to understand the transactions included in items 6.1 and 6.2
Salaries, Directors fees and consultancy fees at normal commercial rates.
Current quarter
$A'000
0
0
- Payments to related entities of the entity and their associates
Aggregate amount of payments to these parties included in item 1.2
Aggregate amount of cash flow from loans to these parties included in item 2.3
Include below any explanation necessary to understand the transactions included in items 7.1 and 7.2
Total facility amount at quarter end
$A'000
Amount drawn at quarter end
$A'000
80
80
0
0
0
0
- Financing facilities available Add notes as necessary for an understanding of the position
Loan facilities
Credit standby arrangements
Other (please specify)
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.
The unsecured loan is with Australian Mineral & Waterwell Drilling Pty Ltd to fund drilling expenditure with Nil interest rate and repayable by 30 November 2017.
*Note: The Company received $80k in January 2017 as a Joint Venture contribution. This is the first of a number of payments expected during 2017 under the recently announced (21 November 2016) Bygoo Farm-In Agreement.9.
Estimated cash outflows for next quarter
$A'000
9.1
Exploration and evaluation
60
9.2
Development
0
9.3
Production
0
9.4
Staff costs (excludes direct exploration salaries)
0
9.5
Administration and corporate costs
82
9.6
Other (provide details if material)
0
9.7
Total estimated cash outflows
* 142
10.
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
10.1
Interests in mining tenements and petroleum tenements lapsed, relinquished or reduced
10.2
Interests in mining tenements and petroleum tenements acquired or increased
0
0
0
0
80
0
0
0
0
0
0
0
0
80
0
0
0
0
80
80
Thomson Resources Limited published this content on 31 January 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 31 January 2017 02:39:00 UTC.
Original documenthttp://www.thomsonresources.com.au/components/com_reports/rfiles/ANNOUNCE-861 Appendix 5B Dec.pdf
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