SABRE RESOURCES LIMITED Appendix 5B Mining exploration entity and oil and gas exploration entity quarterly report
+Rule 5.5
Appendix 5B
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
Sabre Resources Limited
ABN | Quarter ended ("current quarter") |
68 003 043 570
Consolidated statement of cash flows
1. Cash flows from operating activities
1.1 Receipts from customers
1.2 Payments for
(a) exploration & evaluation
(b) development
(c) production
(d) staff costs
(e) administration and corporate costs
1.3 Dividends received (see note 3)
1.4 Interest received
1.5 Interest and other costs of finance paid
1.6 Income taxes paid
1.7 Research and development refunds
1.8 Other - GST refund
1.8 Other - proceeds from insurance claim
1.9 Net cash from / (used in) operating activities
31 December 2019
Current quarter | Year to date |
$A'000 | (6 months) |
$A'000 | |
3 | 31 |
(48) | (133) |
- | - |
- | - |
(21) | (52) |
(252) | (406) |
- | - |
1 | 1 |
- | - |
- | - |
- | - |
- | - |
- | - |
(317) | (559) |
2. | Cash flows from investing activities | ||
2.1 | Payments to acquire: | ||
(a) property, plant and equipment | - | - | |
(b) tenements (see item 10) | - | - | |
(c) investments | - | - | |
+ See chapter 19 for defined terms | |||
1 September 2016 | Page 1 |
Appendix 5B Mining exploration entity and oil and gas exploration entity quarterly report
Consolidated statement of cash flows
(d) other non-current assets
2.2 Proceeds from the disposal of:
(a) property, plant and equipment
(b) tenements (see item 10)
(c) investments
(d) other non-current assets
2.3 Cash flows from loans to other entities
2.4 Dividends received (see note 3)
2.5 Other (provide details if material)
2.6 Net cash from / (used in) investing activities
3. Cash flows from financing activities
3.1 Proceeds from issues of shares
3.2 Proceeds from issue of convertible notes
3.3 Proceeds from exercise of share options
3.4 Transaction costs related to issues of shares, convertible notes or options
3.5 Proceeds from borrowings
3.6 Repayment of borrowings
3.7 Transaction costs related to loans and borrowings
3.8 Dividends paid
3.9 Other
3.10 Net cash from / (used in) financing activities
Current quarter | Year to date |
$A'000 | (6 months) |
$A'000 | |
- | - |
- | - |
- | - |
- | - |
- | - |
- | - |
- | - |
- | - |
- | - |
1,240 | 1,445 |
- | - |
- | - |
(109) | (122) |
- | - |
(445) | (445) |
- | - |
- | - |
- | - |
686 | 878 |
4. Net increase / (decrease) in cash and cash equivalents for the period
4.1 Cash and cash equivalents at beginning of
period | 301 | 351 |
4.2 Net cash from / (used in) operating
activities (item 1.9 above) | (317) | (559) | |
4.3 | Net cash from / (used in) investing activities | - | - |
(item 2.6 above) | |||
4.4 Net cash from / (used in) financing activities
(item 3.10 above) | 686 | 878 |
+ See chapter 19 for defined terms | |
1 September 2016 | Page 2 |
Appendix 5B Mining exploration entity and oil and gas exploration entity quarterly report
Consolidated statement of cash flows
Current quarter | Year to date |
$A'000 | (6 months) |
$A'000 |
4.5 | Effect of movement in exchange rates on | - | - |
cash held | |||
4.6 Cash and cash equivalents at end of period
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
670 | 670 |
Current quarter | Previous quarter |
$A'000 | $A'000 |
5.1 | Bank balances | 670 | 301 |
5.2 | Call deposits | - | - |
5.3 | Bank overdrafts | - | - |
5.4 | Other (bank security deposit) | - | - |
5.5 | Cash and cash equivalents at end of | 670 | 301 |
quarter (should equal item 4.6 above) |
6. | Payments to directors of the entity and their associates | Current quarter |
$A'000 | ||
6.1 | Aggregate amount of payments to these parties included in item 1.2 | (7) |
6.2 | Aggregate amount of cash flow from loans to these parties included | - |
in item 2.3 |
6.3 Include below any explanation necessary to understand the transactions included in items 6.1 and 6.2
Payment of director fees and superannuation.
7. | Payments to related entities of the entity and their | Current quarter |
associates | $A'000 | |
7.1 | Aggregate amount of payments to these parties included in item 1.2 | - |
7.2 | Aggregate amount of cash flow from loans to these parties included | - |
in item 2.3 |
7.3 Include below any explanation necessary to understand the transactions included in items 7.1 and 7.2
+ See chapter 19 for defined terms | |
1 September 2016 | Page 3 |
Appendix 5B Mining exploration entity and oil and gas exploration entity quarterly report
8. | Financing facilities available | Total facility amount | Amount drawn at |
Add notes as necessary for an | at quarter end | quarter end | |
understanding of the position | $A'000 | $A'000 | |
8.1 | Loan facilities | - | - |
8.2 | Credit standby arrangements | - | - |
8.3 | Other (please specify) | - | - |
8.4 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 | (100) | |||
9.2 | Development | - | |||
9.3 | Production | - | |||
9.4 | Staff costs | (25) | |||
9.5 | Administration and corporate costs | (283) | |||
9.6 | Other (provide details if material) | - | |||
9.7 | Total estimated cash outflows | (408) | |||
10. | Changes in | Tenement | Nature of | Interest at | Interest at end of |
tenements | reference | interest | beginning of | quarter | |
(items 2.1(b) and | and | quarter | |||
2.2(b) above) | location | ||||
10.1 | Interests in mining | Sherlock | |||
tenements and | Bay, WA | ||||
petroleum tenements | |||||
E47/1769 | Granted | 70% | Nil | ||
lapsed, relinquished | |||||
E47/1770 | Granted | 70% | Nil | ||
or reduced | |||||
10.2 | Interests in mining | - | - | - | - |
tenements and | |||||
petroleum tenements | |||||
acquired or increased |
+ See chapter 19 for defined terms | |
1 September 2016 | Page 4 |
Appendix 5B Mining exploration entity and oil and gas exploration entity quarterly report
Compliance statement
- This statement has been prepared in accordance with accounting standards and policies which comply with Listing Rule 19.11A.
- This statement gives a true and fair view of the matters disclosed.
Sign here: | ............................................................Date: 23 January 2020 |
Company Secretary | |
Print name: | Martin Stein |
Notes
- 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 that wishes to disclose additional information is encouraged to do so, in a note or notes included in or attached to this report.
- If this quarterly report has been prepared in accordance with Australian Accounting Standards, the definitions in, and provisions of, AASB 6: Exploration for and Evaluation of Mineral Resources and AASB 107: Statement of Cash Flows apply to this report. If this quarterly report has been prepared in accordance with other accounting standards agreed by ASX pursuant to Listing Rule 19.11A, the corresponding equivalent standards apply to this report.
- Dividends received may be classified either as cash flows from operating activities or cash flows from investing activities, depending on the accounting policy of the entity.
+ See chapter 19 for defined terms | |
1 September 2016 | Page 5 |
Attachments
- Original document
- Permalink
Disclaimer
Sabre Resources Limited published this content on 23 January 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 January 2020 22:03:05 UTC
