BLACK ROCK MINING LIMITED — Interim / Quarterly Report 2013

Oct 29, 2012

Appendix 5B Mining exploration entity quarterly report

Rule 5.3

Appendix 5B

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

Green Rock Energy Limited

	ABN 59 094 551 336 Consolidated statement of cash flows	ABN 59 094 551 336 Consolidated statement of cash flows		Quarter ended (“current quarter”) 30 September 2012	Quarter ended (“current quarter”) 30 September 2012
				30 September 2012
Cash flows related to operating activities 1.1 Receipts from product sales and related debtors 1.2 Payments for: (a) exploration & evaluation - geothermal exploration & evaluation - hydrocarbon (b) development (c) production (d) administration 1.3 Dividends received 1.4 Interest and other items of a similar nature 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			Current quarter $A’000		Year to date (3 Months) $A’000
			0 (20) (248) 0 0 (246) 0 7 0 0 0		0 (20) (248) 0 0 (246) 0 7 0 0 0
		Dividends received Interest and other items of a similar nature received Interest and other costs of finance paid Income taxes paid Other (provide details if material) Net Operating Cash Flows
			(507)		(507)
1.8 1.9 1.10 1.11 1.12 1.13		Cash flows related to investing activities Payment for purchases of: (a) prospects (b) equity investments (c) other fixed assets Proceeds from sale of: (a) prospects (b) equity investments (c) other fixed assets Loans to other entities Loans repaid by other entities Other (provide details if material) Net investing cash flows Total operating and investing cash flows (carried forward)	0 (3) 0 0 0		0 (3) 0 0 0
			(3)		(3)
			(510)		(510)

• See chapter 19 for defined terms.

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Appendix 5B Mining exploration entity quarterly report

1.13 Total operating and investing cash flows (brought forward)	(510)	(510)
Cash flows related to financing activities 1.14 Proceeds from issues of shares, options, etc. 1.15 Costs associated with issue of shares, options etc 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	0 0 0 0 0 0	0 0 0 0 0 0
	0	0
Net increase (decrease) in cash held 1.20 Cash at beginning of quarter/year 1.21 Exchange rate adjustments to item 1.20 1.22 Cash at end ofquarter	(510) 1,304 0	(510) 1,304 0
	794	794

Payments to directors of the entity and associates of the directors Payments to related entities of the entity and associates of the related entities

1.23 1.24	Aggregate amount of payments to the parties included in item 1.2 Aggregate amount of loans to the parties included in item 1.10	Current quarter $A'000
		59
		0
1.25	Explanation necessaryfor an understandingof the transactions
	Fees and superannuation of Directors of the entity during quarter.

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

• See chapter 19 for defined terms.

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Appendix 5B Mining exploration entity quarterly report

Financing facilities available

Add notes as necessary for an understanding of the position.

3.1 Loan facilities 3.2 Credit standby arrangements	Amount available $A’000	Amount used $A’000
	0	N/A
	0	N/A

Estimated cash outflows for next quarter

4.1 Exploration and evaluation - hydrocarbon - geothermal 4.2 Development 4.3 Production 4.4 Administration	$A’000
	237 66
	Nil
	Nil
	184
Total	487

Reconciliation of cash

onciliation of cash
nciliation of cash at the end of the quarter (as n in the consolidated statement of cash flows) to lated items in the accounts is as follows.	Current quarter $A’000	Previous quarter $A’000
Cash on hand and at bank Deposits at call Bank overdraft Other (provide details)	63	52
	731	1,252
	0	0
	0	0
Total: cash at end of quarter(item 1.22)	794	1,304

Reconciliation of cash at the end of the quarter (as shown in the consolidated statement of cash flows) to the related items in the accounts is as follows.

• 5.1 Cash on hand and at bank 5.2 Deposits at call 5.3 Bank overdraft 5.4 Other (provide details)

Changes in interests in mining tenements

6.1 Interests in mining tenements relinquished, reduced or lapsed 6.2 Interests in mining tenements acquired or increased	Tenement reference	Nature of interest (note (2))	Interest at beginning ofquarter	Interest at end of quarter
	GEL 282-284 GEP 3,4,39 + 40 GEP 10 +11 GEP 12	Lapsed 16/8/12 Surrendered 6/7/12 Surrendered 3/8/12 Surrendered 3/8/12	100% 100% 50% 10%	0% 0% 0% 0%
			0%

• See chapter 19 for defined terms.

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Appendix 5B Mining exploration entity quarterly report

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 security (see note 3) (cents)	Amount paid up per security (see note 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	NIL
	NIL
7.3 +Ordinary securities (GRK) 7.4 Changes during quarter (a) Increases through issues (b) Decreases through returns of capital, buy- backs	1,848,308,239	1,848,308,239
	6,724,760	6,724,760
7.5 +Convertible debt securities (description) 7.6 Changes during quarter (a) Increases through issues (b) Decreases through securities matured, converted	NIL
	NIL

• See chapter 19 for defined terms.

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Appendix 5B Mining exploration entity quarterly report

7.7 Options (description and conversion factor) 7.8 Issued during quarter 7.9 Exercised during quarter 7.10 Expired during quarter	Listed Options GRKO 243,949,438 GRKOB 779,823,128 Total Listed 1,023,772,566 Unlisted Options 6,100,000 5,550,000 25,000,000 5,050,000 1,950,000 40,000,000 10,000,000 20,000,000 2,000,000 Total Unlisted 115,650,000	243,949,438 779,823,128 nil nil nil nil nil nil nil nil nil	Exercise price 3.6 cents 1.2 cents 6 cents 8 cents 2 cents 4 cents 2 cents 1.2 cents 1.0 cent 1.5 cents 0.8 cent	Expiry date 31 March 2013 31 January 2015 19 November 2012 18 November 2014 30 June 3013 16 November 2014 15 November 2015 31 January 2015 18 March 2015 18 March 2015 11 June 2016
	NIL	NIL
	NIL	NIL
	NIL	NIL
7.11 Debentures (totals only)	NIL
7.12 Unsecured notes(totals only)	NIL

Compliance statement

• See chapter 19 for defined terms.

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Appendix 5B Mining exploration entity quarterly report

• 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 doe s give a true and fair view of the matters disclosed.

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Sign here: Date: 30 October 2012 (Company Secretary)

Print name: Nigel Hodder

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.

• See chapter 19 for defined terms.

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