Appendix 5B
July 31 2008 - 5:00AM
UK Regulatory
RNS Number : 3093A
Elixir Petroleum Ltd
31 July 2008
Rule 5.3
Appendix 5B
Mining exploration entity quarterly report
Introduced 1/7/96. Origin: Appendix 8. Amended 1/7/97, 1/7/98, 30/9/2001.
Name of entity
ELIXIR PETROLEUM LIMITED
ABN Quarter ended ("current quarter")
51 108 230 995 30 June 2008
Consolidated statement of cash flows
Current quarter Year to date
Cash flows related to operating activities ( 12 months )
$A'000 $A'000
1.1 Receipts from product sales and 2,094 4,925
related debtors
1.2 Payments for
(a) exploration and evaluation (238) (2,864)
(b) development
(c) production
(d) administration (1,049) (2,908)
(198) (277)
(718) (3,667)
1.3 Dividends received - -
1.4 Interest and other items of a - 106
similar nature received
1.5 Interest and other costs of finance (108) (460)
paid
1.6 Income taxes paid - -
1.7 Other - Exploration JV - 163
Reimbursement
Net Operating Cash Flows (217) (4,982)
Cash flows related to investing
activities
1.8 Payment for purchases of: (a) - -
prospects - -
(b) equity investments - (3)
(c) other fixed assets
1.9 Proceeds from sale of: (a) - -
prospects - 210
(b) equity investments - -
(c) other fixed assets
1.10 Loans to other entities (250) (3,472)
1.11 Loans repaid by other entities - -
1.12 Other - Cash acquired on - 2,796
acquisition of Gawler
Net investing cash flows (250) (469)
1.13 Total operating and investing cash
flows (carried forward) (467) (5,451)
1.13 Total operating and investing cash flows (brought
forward) (467) (5,451)
Cash flows related to financing activities
1.14 Proceeds from issues of shares, options, etc. 5,918 6,433
1.15 Proceeds from sale of forfeited shares - -
1.16 Proceeds from borrowings - 50
1.17 Repayment of borrowings - -
1.18 Dividends paid - -
1.19 Other - -
Convertible Notes - 5,675
Less underwriting fee - (134)
Issue Costs (283) (326)
Net financing cash flows 5,635 11,698
Net increase (decrease) in cash held 5,168 6,247
1.20 Cash at beginning of quarter/year to date 5,438 4,406
1.21 Exchange rate adjustments to item 1.20 (2) (49)
1.22 Cash at end of quarter 10,604 10,604
Payments to directors of the entity and associates of the directors
Payments to related entities of the entity and associates of the related entities
Current quarter
$A'000
1.23 Aggregate amount of payments to the parties included (138)
in item 1.2
1.24 Aggregate amount of loans to the parties included in Nil
item 1.10
1.25 Explanation necessary for an understanding of the transactions
Payments include:
Directors' fees and salaries.
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
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
Financing facilities available
Add notes as necessary for an understanding of the position.
Amount available Amount used
$A'000 $A'000
3.1 Loan facilities - -
3.2 Credit standby arrangements - -
Estimated cash outflows for next quarter
$A'000
4.1 Exploration and evaluation 1,800
4.2 Development 1,700
3,500
Total
Reconciliation of cash
Reconciliation of cash at the end of the quarter (as shown in the consolidated Current quarter Previous quarter
statement of cash flows) to the related items in the accounts is as follows. $A'000 $A'000
5.1 Cash on hand and at bank 4,765 1,661
5.2 Deposits at call
5,839 3,777
5.3 Bank overdraft
- -
5.4 Other (provide details)
- -
Total: cash at end of quarter (item 1.22) 10,604 5,438
Changes in interests in mining tenements
Tenement reference Nature of interest Interest at Interest at end of
(note (2)) beginning of quarter quarter
6.1 Interests in mining None
tenements
relinquished,
reduced or lapsed
6.2 Interests in mining None
tenements acquired
or increased
Issued and quoted securities at end of current quarter
Description includes rate of interest and any redemption or conversion rights together with prices and dates.
Total number Number quoted Issue price per Amount paid up per
security (see note security (see note
3) (cents) 3) (cents)
7.1 Preference - - - -
+securities
(description)
7.2 Changes during
quarter - - - -
(a) Increases - - - -
through issues
(b) Decreases
through returns of
capital, buy-backs,
redemptions
7.3 +Ordinary securities
181,117,922 181,117,922 Various Fully Paid
7.4 Changes during
quarter
(a) Increases
through issues 20,000,000 - $0.27
Placement
(b) Decreases - -
through returns of
capital, buy-backs
7.5 +Convertible debt
securities 8,571,429 $0.35 31/12/2008
Convertible Notes
7.6 Changes during
quarter - -
(a) Increases - -
through issues
(b) Decreases
through securities
matured, converted
7.7 Options Exercise price Expiry date
Ambrian Options 637,148 - $0.60 16 May 2010
637,148
7.8 Issued during Exercise price Expiry date
quarter
7.9 Exercised during
quarter - - - -
7.10 Expired during
quarter (500,000) $0.90 16 May 2008
RFC Options
7.11 Debentures(totals - - - -
only)
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 July 2008
(Director/Company secretary)
Print name: ALEX NEULING
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCUAUKRWURBORR
Elixir Petroleum (LSE:ELP)
Historical Stock Chart
From May 2024 to Jun 2024
Elixir Petroleum (LSE:ELP)
Historical Stock Chart
From Jun 2023 to Jun 2024
