Austindo Resources AGM May 28th spec you may like---Indonesian gold operations upon the release of financials it rocketed from the 2.6c area---it has been fairly quite since then---snse a some accumulation going on---AGM is on May 28th---pdf file on thread (first post) just click to review company. In the right sector---more speculative and higher risk I would say than RBK. AUSTINDO RESOURCES CORPORATION NL 2002-04-18 ASX-SIGNAL-G -------------------------------------------------------------------- HOMEX - Sydney -------------------------------------------------------------------- +++++++++++++++++++++++++ MINING EXPLORATION ENTITY QUARTERLY REPORT -------------------------------------------------------------------- Name of entityAustindo Resources Corporation NL -------------------------------------------------------------------- ACN or ARBN Quarter ended ("current quarter")002 678 640 31/03/2002 -------------------------------------------------------------------- CONSOLIDATED STATEMENT OF CASH FLOWS -------------------------------------------------------------------- Cash flows related to Current Year to date operating activities Quarter (3 months) AUD'000 AUD'000 1.1 Receipts from product sales and related debtors - - 1.2 Payments for (a) exploration and evaluation* (107) (107) (b) development - - (c) production - - (d) administration (176) (176) 1.3 Dividends received - - 1.4 Interest and other items of a similar nature received 118 118 1.5 Interest and other costs of finance paid - - 1.6 Income taxes paid - - 1.7 Other (provide details if material)** (128) (128) -------------------------------------------------------------------- NetOperating Cash Flows (293) (293) -------------------------------------------------------------------- Cash flows related to investing activities 1.8 Payment for purchases of: (a) prospects - - (b) equity investments - - (c) other fixed assets - - 1.9 Proceeds from sale of: (a) prospects - - (b)equity investments - - (c) other fixed assets 12 12 1.10 Loans to other entities - - 1.11 Loans repaid by other entities - - 1.12 Other (provide details if material) - - -------------------------------------------------------------------- Net investing cash flows 12 12 -------------------------------------------------------------------- 1.13 Total operating andinvesting cash flows (281) (281) -------------------------------------------------------------------- * Expenditure in relation to Cibaliung Joint Venture in Banten - Java ** Expenditure in relation to the investigation of new opportunities -------------------------------------------------------------------- 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 (provide details if material) - - -------------------------------------------------------------------- Net financing cash flows - - -------------------------------------------------------------------- Net increase (decrease) in cash held (281) (281) --------------------------------------------------------------------1.20 Cash at beginning of quarter/year to date 7,156 7,156 -------------------------------------------------------------------- 1.21 Exchange rate adjustments to item1.20 18 18 -------------------------------------------------------------------- 1.22 Cash at end of quarter 6,893 6,893 -------------------------------------------------------------------- PAYMENTS TO DIRECTORS OF THE ENTITY AND ASSOCIATES OF THE DIRECTORS PAYMENTS TO RELATED ENTITIES AND ASSOCIATES OF THE RELATED ENTITIES -------------------------------------------------------------------- Current QuarterAUD'000 -------------------------------------------------------------------- 1.23 Aggregate amount of payments tothe parties included in item 1.2 177 -------------------------------------------------------------------- 1.24 Aggregate amount of loans to the parties included in item 1.10 - -------------------------------------------------------------------- 1.25 Explanation necessary for an understandingof the transactions -------------------------------------------------------------------- Represents Non-Executive Directors Fees, interest on convertible notes, payments pursuant to the Management Agreement as between Austindo Resources Corporation NL and PT Austindo Nusantara Jaya and fees for professional services paid to entities associated with certain non-executive directors, at commercial rates. -------------------------------------------------------------------- NON-CASH FINANCING AND INVESTING ACTIVITIES --------------------------------------------------------------------2.1 Details of financing and investing transactions which have had a material effect on consolidated assets and liabilities but did not involve cash flows -------------------------------------------------------------------- 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 -------------------------------------------------------------------- FINANCING FACILITIES AVAILABLE Add notes as necessary for an understanding of the position. -------------------------------------------------------------------- Amount Amountavailable used AUD'000 AUD'000 -------------------------------------------------------------------- 3.1 Loan facilities - - 3.2 Credit standby arrangements - - -------------------------------------------------------------------- ESTIMATED CASH OUTFLOWS FOR NEXT QUARTER AUD'000 4.1 Exploration and evaluation 333 4.2 Development -Total 333 RECONCILIATION OF CASH -------------------------------------------------------------------- Reconciliation of cash at the end Current Previous of the quarter (as shown in the quarter quarter consolidated statement of cash flows) AUD'000 AUD'000 to the related items in the accounts is as follows. -------------------------------------------------------------------- 5.1 Cash on hand and at bank 217 224 5.2 Deposits at call 6,676 6,932 5.3 Bank overdraft - - 5.4 Other (provide details) - - --------------------------------------------------------------------Total: cash at end of quarter (item 1.22) 6,893 7,156 -------------------------------------------------------------------- CHANGES IN INTERESTS IN MINING TENEMENTS -------------------------------------------------------------------- Tenement Nature of Interest at Interestreference interest beginning at end of(note(2)) of quarter quarter 6.1 Interests in mining tenements relinquished, reduced or lapsed - - - - 6.2 Interests in mining tenements acquired or increased - - - - -------------------------------------------------------------------- ISSUED AND QUOTED SECURITIES AT END OF CURRENT PERIOD Description includes rate of interest and any redemption or conversion rights together with prices and dates. -------------------------------------------------------------------- Category of Number Number Issue Paid-up securities issued quoted Price value (cents) (cents) 7.1 Preference securities (description) - - - - -------------------------------------------------------------------- 7.2 Changes during current period (a) increases through issues - - - - (b) decreases through returns of capital buybacks, redemptions - - - - -------------------------------------------------------------------- 7.3 Ordinary securities 370,317,262 370,317,262 - - -------------------------------------------------------------------- 7.4 Changes during current period (a) increases through issues - - - - (b) decreases through returns of capital buybacks - - - - -------------------------------------------------------------------- 7.5 Convertible debt securities (description and conversion factor) *8,181,818 - 11 11 **1,084,216 - 11 11 -------------------------------------------------------------------- 7.6 Changes during current period (a) increases through issues - - - - (b) decreases through securities matured, converted - - - - -------------------------------------------------------------------- 7.7 Options (description Exercise Expiry and conversion factor) price date (cents) -------------------------------------------------------------------- 8,500,000 - 7 22/05/2006 each to subscribe for one ordinary share in the capital of the Company 7.8 Issued during current period - - - - -------------------------------------------------------------------- 7.9 Exercised during current period - - - - --------------------------------------------------------------------
7.10 Expired during current period - - - - -------------------------------------------------------------------- 7.11 Debentures (totals only) - - -------------------------------------------------------------------- 7.12 Unsecured notes (totals only) - - -------------------------------------------------------------------- * These notes bear interest at an interest rate equal to the 180 day bank bill swap reference rate plus 2%. The principal amount plus any interest accrued but unpaid may be converted into ordinary shares in the capital of the company at a rate of 11 cents per share at any timeup to an including 28 February, 2003. -------------------------------------------------------------------- ** Convertible Note (HKM series) Certificate No 1 issued to Ming Hung (Holdings) Limited may be converted to ordinary shares in the company at a subscription price of 11 cents per share at any time up to an including 28 February, 2003. -------------------------------------------------------------------- COMPLIANCE STATEMENT -------------------------------------------------------------------- 1 This statement has been prepared under accounting policies which comply with accounting standards as defined in the Corporations Law or other standards acceptable to ASX. -------------------------------------------------------------------- 2 This statement does give a true and fair viewof the matters disclosed. -------------------------------------------------------------------- A J Cooke Date: 18/04/2002COMPANY SECRETARY --------------------------------------------------------------------
ARX Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
(20min delay)
