Go Back Email this Link to a friend


TAW - Tawana Resources NL - Appendix 5B

Release Date: 02/05/2012 08:58:15      Code(s): TAW
TAW - Tawana Resources NL - Appendix 5B                                         
Tawana Resources NL                                                             
(Incorporated in Australia)                                                     
(Registration number ACN 085 166 721)                                           
Share code on the JSE Limited: TAW                                              
ISIN: AU000000TAW7                                                              
Share code on the Australian Stock Exchange Limited: TAW                        
ISIN: AU000000TAW7                                                              
("Tawana" or "the Company")                                                     
Mining 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                                                              
Name of entity                                                                  
Tawana Resources NL                                                             
ABN                                   Quarter ended                             
("current quarter")                          
69 085 166 721                        31 March 2012                             
Consolidated statement of cash flows                                            
                                 Current       Year to date                     
Cash flows related to operating   quarter       (3 months)                      
activities                        $A`000        $A`000                          
1.1   Receipts from product       -             -                               
     sales and related debtors                                                  

1.2   Payments for   (a)          (231)         (231)                           
     exploration & evaluation    -             -                                
          (b)  development       -             -                                
(c)  production        (317)         (317)                            
          (d)  administration                                                   
1.3   Dividends received          -             -                               
1.4   Interest and other items                                                  
of a similar nature         36            36                               
     received                                                                   
1.5   Interest and other costs    -             -                               
     of finance paid                                                            
1.6   Income taxes paid           -             -                               
1.7   Other (provide details if   -             -                               
     material)                                                                  
                                                                                
Net Operating Cash Flows    (512)         (512)                            
                                                                                
     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                 29            29                               
          (c)  other fixed                                                      
     assets                                                                     
1.10  Loans to other entities     -             -                               
1.11  Loans repaid by other       -             -                               
     entities                                                                   
1.12  Other (provide details if   -             -                               
material)                                                                  
                                                                                
     Net investing cash flows    29            29                               
1.13  Total operating and                                                       
investing cash flows        (483)         (483)                            
     (carried forward)                                                          
1.13  Total operating and                                                       
     investing cash flows        (483)         (483)                            
(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 - share issue costs   -             -                               
Net financing cash flows    -             -                                
                                                                                
     Net increase (decrease)     (483)         (483)                            
     in cash held                                                               

1.20  Cash at beginning of        3,723         3,723                           
     quarter/year to date                                                       
1.21  Exchange rate adjustments   (1)           (1)                             
to item 1.20                                                               
1.22  Cash at end of quarter      3,239         3,239                           
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     104                             
       parties included in item 1.2                                             
                                                                                
1.24    Aggregate amount of loans to the        -                               
       parties included in item 1.10                                            
                                                                                
1.25    Explanation necessary for an understanding of the                       
transactions                                                             
                                                                                
       Directors` fees and payments made to Wilmoth Field                       
       Warne, an entity related to a director.                                  

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         Amount used                      
                                available      $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         350                                    
                                                                                
4.2   Development                        -                                      
                                                                                
4.3   Production                         -                                      
                                                                                
4.4   Administration                     300                                    
                                                                                

     Total                              650                                     
Reconciliation of cash                                                          
Reconciliation of cash at the   Current        Previous                         
end of the quarter (as shown    quarter        quarter                          
in the consolidated statement   $A`000         $A`000                           
of cash flows) to the related                                                   
items in the accounts is as                                                     
follows.                                                                        
5.1  Cash on hand and at bank   3,219          3,703                            
5.2  Deposits at call           20             20                               
5.3  Bank overdraft             -              -                                
5.4  Other (provide details)    -              -                                
    Total: cash at end of      3,239          3,723                             
    quarter (item 1.22)                                                         
Changes in interests in mining tenements                                        
Teneme  Nature of         Intere  Intere                     
                   nt      interest          st at   st at                      
                   refere  (note (2))        beginn  end of                     
                   nce                       ing of  quarte                     
quarte  r                          
                                             r                                  
6.1  Interests in                                                               
    mining                                                                      
tenements                                                                   
    relinquished                                                                
    , reduced or                                                                
    lapsed                                                                      

                                                                                
.    Interests in                                                               
    mining                                                                      
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      Issue      Amount paid                    
               number     quoted      price per  up per                         
                                      security   security                       
                                      (see note  (see note                      
3) (cents) 3) (cents)                     
7.1  Preferen   -          -                                                    
    ce                                                                          
    +securit                                                                    
ies                                                                         
7.2  Changes    N/A        N/A                                                  
    during                                                                      
    quarter                                                                     
7.3  +Ordinar   856,629,0  856,629,04                                           
    y          43         3                                                     
    securiti                                                                    
    es                                                                          
7.4  Changes                                                                    
    during                                                                      
    quarter    -          -                                                     
    (a)                                                                         
Increase                                                                    
    s                                                                           
    through                                                                     
    issues                                                                      
(b)                                                                         
    Decrease                                                                    
    s                                                                           
    through                                                                     
returns                                                                     
    of                                                                          
    capital,                                                                    
    buy-                                                                        
backs                                                                       
7.5  +Convert   -          -                                                    
    ible                                                                        
    debt                                                                        
securiti                                                                    
    es                                                                          
7.6  Changes    N/A        N/A                                                  
    during                                                                      
quarter                                                                     
7.7  Options                           Exercise   Expiry date                   
    Unlisted   4,000,000  -           price      18 Jun 2012                    
    options    6,000,000  -           $0.07      17 Jan 2013                    
Unlisted   6,750,000  -           $0.10      17 Jan 2013                    
    options    6,750,000  -           $0.07      17 Jan 2014                    
    Unlisted   50,000,00  -           $0.10      23 Feb 2013                    
    options    0          -           $0.01      31 Jul 2012                    
Unlisted   20,000,00  -           $0.01      9 Sep 2012                     
    options    0          -           $0.03      30 Jul 2013                    
    Unlisted   5,000,000  -           $0.01      9 Sep 2014                     
    options    50,000,00  -           $0.05      8 Mar 2014                     
Unlisted   0          -           $0.01      10 Nov 2013                    
    options    5,000,000  -           $0.03      10 Nov 2015                    
    Unlisted   25,000,00              $0.05                                     
    options    0                                                                
Unlisted   1,250,000                                                        
    options    1,250,000                                                        
    Unlisted                                                                    
    options                                                                     
Unlisted                                                                    
    options                                                                     
    Unlisted                                                                    
    options                                                                     
Unlisted                                                                    
    options                                                                     
7.8  Issued                                                                     
    during     -          -                                                     
quarter                                                                     
7.9  Exercise                                                                   
    d during   -          -                                                     
    quarter                                                                     
7.10 Expired                                                                    
    during     -          -                                                     
    quarter                                                                     
7.11 Debentur   -          -                                                    
es                                                                          
                                                                                
7.12 Unsecure   -          -                                                    
    d notes                                                                     
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 give a true and fair view of the matters disclosed.    
Sign here:     ............................................................     
Date: 30 April 2012                                                             
Company secretary                                                               
Print name:    Aaron Finlay                                                     
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 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, 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.                                       
Sponsor                                                                         
PricewaterhouseCoopers Corporate Finance (Pty) Ltd                              
Date: 02/05/2012 08:58:15 Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                             .                  
The SENS service is an information dissemination service administered by the    
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or            
implicitly, represent, warrant or in any way guarantee the truth, accuracy or   
completeness of the information published on SENS. The JSE, their officers,     
employees and agents accept no liability for (or in respect of) any direct,     
indirect, incidental or consequential loss or damage of any kind or nature,     
howsoever arising, from the use of SENS or the use of, or reliance on,          
information disseminated through SENS.                                          



                                        
Email this JSE Sens Item to a Friend.

Send e-mail to
© 2019 SHARENET (PTY) Ltd, Cape Town, South Africa
Home     Terms & conditions    Privacy Policy
    Security Notice    Contact Details
Market Statistics are calculated by Sharenet and are therefore not the official JSE Market Statistics. The calculation/derivation may include underlying JSE data.