Wrap Text
Appendix 5B
The Waterberg Coal Company Limited
(Incorporated in Australia)
(Registration number ABN 64 065 480 453)
ASX: WCC | JSE: WCC | ISIN: AU000000WCC9
(“WCC” or “the Company”)
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, 01/05/2013
Name of entity
THE WATERBERG COAL COMPANY LIMITED
ABN Quarter ended (“current quarter”)
64 065 480 453 31 March 2015
Consolidated statement of cash flows
Year to date
Current quarter
Cash flows related to operating activities (9 months)
$A’000
$A’000
1.1 Receipts from product sales and related - -
debtors
1.2 Payments for (a) exploration & evaluation (15) (27)
(b) development - (497)
(c) production - -
(d) administration (499) (1864)
1.3 Dividends received - -
1.4 Interest and other items of a similar nature - 133
received
1.5 Interest and other costs of finance paid - (5683)
1.6 Income taxes paid - -
1.7 Other (provide details if material) - -
Net Operating Cash Flows (514) (7938)
Cash flows related to investing activities
1.8 Payment for purchases of: (a) prospects - -
(b) equity investments - -
(c) other fixed assets (3) (3)
+ See chapter 19 for defined terms.
01/05/2010 Appendix 5B Page 1
Appendix 5B
Mining exploration entity and oil and gas exploration entity quarterly report
1.9 Proceeds from sale of: (a) prospects - -
(b) equity investments 68 649
(c) other fixed assets - 1
1.10 Loans to other entities (37) (825)
1.11 Loans repaid by other entities 523 580
1.12 Other (provide details if material) - -
Net investing cash flows 551 402
1.13 Total operating and investing cash flows 37 (7536)
(carried forward)
+ See chapter 19 for defined terms.
Appendix 5B Page 2 01/05/2013
The Waterberg Coal Company Limited
(Incorporated in Australia)
(Registration number ABN 64 065 480 453)
ASX: WCC | JSE: WCC | ISIN: AU000000WCC9
(“WCC” or “the Company”)
Appendix 5B
Mining exploration entity and oil and gas exploration entity quarterly report
1.13 Total operating and investing cash flows 37 (7536)
(brought forward)
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) - (187)
Fundraising costs
(0) (187)
Net financing cash flows
Net increase (decrease) in cash held 37 (7723)
1.20 Cash at beginning of quarter/year to date 1035 8606
1.21 Exchange rate adjustments to item 1.20 19 208
1091 1091
1.22 Cash at end of quarter
Payments to directors of the entity, associates of the directors,
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 in item 1.2 236
1.24 Aggregate amount of loans to the parties included in item 1.10 37
1.25 Explanation necessary for an understanding of the transactions
1.2(d) Payments for accrued Directors fees, professional consultants, general administration, accounting,
secretarial staff and occupancy costs in Western Australia and South Africa.
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
+ See chapter 19 for defined terms.
01/05/2010 Appendix 5B Page 3
Appendix 5B
Mining exploration entity and oil and gas exploration entity quarterly report
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 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 50
4.2 Development
4.3 Production
4.4 Administration 200
250
Total
Reconciliation of cash
Reconciliation of cash at the end of the quarter (as Current quarter Previous quarter
shown in the consolidated statement of cash flows) $A’000 $A’000
to the related items in the accounts is as follows.
5.1 Cash on hand and at bank 1091 1035
5.2 Deposits at call
5.3 Bank overdraft
5.4 Other (provide details)
1091 1035
Total: cash at end of quarter (item 1.22)
The company also holds listed securities to the value of approximately AU$ 473,500 as at the date
of this report.
+ See chapter 19 for defined terms.
Appendix 5B Page 4 01/05/2013
The Waterberg Coal Company Limited
(Incorporated in Australia)
(Registration number ABN 64 065 480 453)
ASX: WCC | JSE: WCC | ISIN: AU000000WCC9
(“WCC” or “the Company”)
Appendix 5B
Mining exploration entity and oil and gas exploration entity quarterly report
Changes in interests in mining tenements and petroleum tenements
Tenement reference Nature of interest Interest at Interest at
and location (note (2)) beginning end of
of quarter quarter
6.1 Interests in mining
tenements and EL4445 Registered holder of 100% Nil
petroleum Claypan Dam exploration licence
tenements
South Australia
relinquished,
reduced or lapsed
6.2 Interests in mining - - - -
tenements and
petroleum
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 security (see note 3)
note 3) (cents) (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 313,265,213 313,265,213 Fully paid
securities
+ See chapter 19 for defined terms.
01/05/2010 Appendix 5B Page 5
Appendix 5B
Mining exploration entity and oil and gas exploration entity quarterly report
7.4 Changes during
quarter
(a) Increases
through issues
(b) Decreases
through returns
of capital, buy-
backs
7.5 +Convertible
debt
securities
(description)
7.6 Changes during
quarter
(a) Increases
through issues
(b) Decreases
through
securities
matured,
converted
7.7 Options Exercise price Expiry date
Unlisted 75,000,000 $0.30 31/12/16
1
25,000,000 $0.30 31/12/16
1. escrowed until
26/4/2015
Listed WCCO
(description and
conversion
factor)
7.8 Issued during
quarter
7.9 Exercised
during quarter
7.10 Expired during 23,187,500 $0.20 31/12/14
quarter 11,992,823 $0.20 31/12/14
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 5).
2 This statement does /does not* (delete one) give a true and fair view of the
matters disclosed.
+ See chapter 19 for defined terms.
Appendix 5B Page 6 01/05/2013
The Waterberg Coal Company Limited
(Incorporated in Australia)
(Registration number ABN 64 065 480 453)
ASX: WCC | JSE: WCC | ISIN: AU000000WCC9
(“WCC” or “the Company”)
Appendix 5B
Mining exploration entity and oil and gas exploration entity quarterly report
Sign here: ............................................................ Date: 30 April 2015
(Director/Company secretary)
E L Boyd.........................................................
Notes
1 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 wanting to disclose additional information is encouraged to
do so, in a note or notes attached to this report.
2 The “Nature of interest” (items 6.1 and 6.2) includes options in respect of
interests in mining tenements and petroleum 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 or petroleum tenement, it should disclose the
change of percentage interest and conditions precedent in the list required for
items 6.1 and 6.2.
3 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.
4 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.
5 Accounting Standards ASX will accept, for example, the use of International
Financial Reporting 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.
== == == == ==
+ See chapter 19 for defined terms.
01/05/2010 Appendix 5B Page 7
Appendix 5B
Mining exploration entity and oil and gas exploration entity quarterly report
Appendix 1 – Interests in mining tenements held
Tenement table
WCC has an interest in the following Exploration and Mining Licences.
Licences located in South Australia:
Interest at
Property Name Tenement Beginning and Status
End of Quarter
Lyons EL 5221 100% Exploration Licence
Glenloth EL 5397 100% Exploration Licence.
The Company’s interest in the Waterberg Coal Project, located in South Africa:
Property Right under Relevant Holder Interest at Issue Date Expiry Date
which the Joint Beginning
properties Venture and End of
are held Quarter
Vetleegte Vetleegte First Joint Uzalile Joint 37.39% Granted New Renewal lodged 19
Prospecting Venture Venture Order September 2011 and
Right (Sekoko Prospecting prior to the expiry date.
Resources and Right No.
Uzalile) 651/2006, on Section 18(5) of the
19/10/06 MPRDA provides that
prospecting right in
respect of which an
application for renewal
has been lodged will
remain in force until
such time as the
renewal application has
been granted or refused.
Olieboomsfont Duikerfontein First Joint Sekoko Coal 37.39% Granted New 3 July 2016
ein Prospecting Venture Order
Right Prospecting
Right No.
681/2007, on
13/10/05.
Renewal on 3
July 2013
Duikerfontein Duikerfontein First Joint Sekoko Coal 37.39% Granted New 3 July 2016
Prospecting Venture Order
Right Prospecting
Right No.
681/2007, on
13/10/05.
Renewal on 3
July 2013
Swanepoelpan Duikerfontein First Joint Sekoko Coal 37.39% Granted New 3 July 2016
Prospecting Venture Order
Right Prospecting
Right No.
681/2007, on
13/10/05
Smitspan Mining Right Second Sekoko Coal 37.39% Granted New 16/09/2041
Joint Venture Order Mining
Right No.
22/2011, on
17/09/11
+ See chapter 19 for defined terms.
Appendix 5B Page 8 01/05/2013
The Waterberg Coal Company Limited
(Incorporated in Australia)
(Registration number ABN 64 065 480 453)
ASX: WCC | JSE: WCC | ISIN: AU000000WCC9
(“WCC” or “the Company”)
Appendix 5B
Mining exploration entity and oil and gas exploration entity quarterly report
Property Right under Relevant Holder Interest at Issue Date Expiry Date
which the Joint Beginning
properties Venture and End of
are held Quarter
Massenberg Mining Right Second Sekoko Coal 37.39% Granted New 16/09/2041
Joint Venture Order Mining
Right No.
22/2011, on
17/09/11
Minnasvlakte Mining Right Second Sekoko Coal 37.39% Granted New 16/09/2041
Joint Venture Order Mining
Right No.
22/2011, on
17/09/11
Hooikraal Mining Right Second Sekoko Coal 37.39% Granted New 16/09/2041
Joint Venture Order Mining
Right No.
22/2011, on
17/09/11
30 April 2015
JSE Sponsor:
The Standard Bank of South Africa Limited
+ See chapter 19 for defined terms.
01/05/2010 Appendix 5B Page 9
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