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ECHOIQ LIMITED Interim / Quarterly Report 2011

Jul 28, 2011

64833_rns_2011-07-28_53daa690-89ed-4868-af62-ef9a812eb948.pdf

Interim / Quarterly Report

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Appendix 5B Mining exploration entity quarterly report

Rule 5.3

Appendix 5B

Mining exploration entity quarterly report

Name of entity

Name of entity
Sentosa Mining Limited
ABN
62 115 927 681
Consolidated statement of cash flows
June 2011
Cash flows related to operating activities
1.1
Receipts from product sales and related debtors
1.2
Payments for
(a) exploration and evaluation
(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
NetOperating Cash Flows
Current quarter
$A’000
Year to date
12 Months
$A’000
-

(376)
(232)
36
-
5
(835)
(424)
94
-
(572) (1,160)
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
1.10
Loans to other entities
1.11
Loans repaid to other entities
1.12
Other (provide details if material)
Net investing cash flows
1.13
Total operating and investing cash flows
(carried forward)
- (117)
- (117)
(572) (1,277)

Appendix 5B Page 1

Appendix 5B Mining exploration entity quarterly report

1.13
Total operating and investing cash flows
(brought forward)
(572) (1,277)
Cash flows related to financing activities
1.14
Proceeds from issues of shares, options, etc. net
of costs
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
46 3,997
46 3,997
Net increase (decrease) in cash held
1.20
Cash at beginning of quarter/year to date
1.21
Exchange rate adjustments to item 1.20
1.22
Cash at end ofquarter
(526)
3,328
2,720
82
2,802 2,802

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
Aggregate amount of payments to the parties included in item 1.2
1.24
Aggregate amount of loans to the parties included in item 1.10
Current quarter
$A'000
87
  • 1.25 Explanation necessary for an understanding of the transactions

Fees paid to Directors

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

Appendix 5B Page 2

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 Amount used
$A’000 $A’000

Estimated cash outflows for next quarter

4.1
Exploration and evaluation
4.2
Development
4.3
Production
4.4
Administration
Total
$A’000
300
150
450

Reconciliation of cash

Reconciliation of cash Reconciliation of cash Reconciliation of cash
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.
Current quarter
$A’000
Previous quarter
$A’000
5.1
Cash on hand and at bank
5.2
Deposits at call
5.3
Bank overdraft
5.4
Other (provide details)
28 39
2,774 3,289
Total: cash at end of quarter(item 1.22) 2,802 3,328
Changes in interests in mining
Tenement
reference
6.1
Interests in
mining
tenements
relinquished,
reduced or
lapsed
E15/1061
M16/0035
M16/0113
tenements
Tenement
reference
Nature of interest
(note (2))
Interest at
beginning of
quarter
Interest at
end of
quarter
E15/1061 90% -JV with JH Mining Unchanged Unchanged
M16/0035 90% -JV with JH Mining Unchanged Unchanged
M16/0113 90% -JV with JH Mining Unchanged Unchanged

Appendix 5B Page 3

Appendix 5B Mining exploration entity quarterly report

M16/0114 90% -JV with JH Mining Unchanged Unchanged
M16/0193 90% -JV with JH Mining Unchanged Unchanged
M16/0194 90% -JV with JH Mining Unchanged Unchanged
M16/0201 90% -JV with JH Mining Unchanged Unchanged
M16/0202 90% -JV with JH Mining Unchanged Unchanged
M16/0203 90% -JV with JH Mining Unchanged Unchanged
M16/0204 90% -JV with JH Mining Unchanged Unchanged
M16/0205 90% -JV with JH Mining Unchanged Unchanged
M16/0254 90% -JV with JH Mining Unchanged Unchanged
M16/0255 90% -JV with JH Mining Unchanged Unchanged
M16/0301 90% -JV with JH Mining Unchanged Unchanged
M16/0365 90% -JV with JH Mining Unchanged Unchanged
M16/0425 90% -JV with JH Mining Unchanged Unchanged
M16/0462 90% -JV with JH Mining Unchanged Unchanged
P16/2411 90% -JV with JH Mining Unchanged Unchanged
P16/2412 90% -JV with JH Mining Unchanged Unchanged
P16/2413 90% -JV with JH Mining Unchanged Unchanged
P16/2414 90% -JV with JH Mining Unchanged Unchanged
P16/2433 90% -JV with JH Mining Unchanged Unchanged
P16/2434 90% -JV with JH Mining Unchanged Unchanged
P16/2435 90% -JV with JH Mining Unchanged Unchanged
P16/2436 90% -JV with JH Mining Unchanged Unchanged
P16/2437 90% -JV with JH Mining Unchanged Unchanged
P16/2438 90% -JV with JH Mining Unchanged Unchanged
P16/2439 90% -JV with JH Mining Unchanged Unchanged
P16/2440 90% -JV with JH Mining Unchanged Unchanged
P16/2441 90% -JV with JH Mining Unchanged Unchanged
P16/2442 90% -JV with JH Mining Unchanged Unchanged
P16/2443 90% -JV with JH Mining Unchanged Unchanged
P16/2444 90% -JV with JH Mining Unchanged Unchanged
P16/2460 90% -JV with JH Mining Unchanged Unchanged
P16/2627 90% -JV with JH Mining Unchanged Unchanged
P16/2653 90% -JV with JH Mining Unchanged Unchanged
P16/2654 90% -JV with JH Mining Unchanged Unchanged
P16/2655 90% -JV with JH Mining Unchanged Unchanged
P16/2656 90% -JV with JH Mining Unchanged Unchanged
P16/2657 90% -JV with JH Mining Unchanged Unchanged
P16/2658 90% -JV with JH Mining Unchanged Unchanged
P16/2659 90% -JV with JH Mining Unchanged Unchanged
P16/2672 90% -JV with JH Mining Unchanged Unchanged
P16/2673 90% -JV with JH Mining Unchanged Unchanged
P16/2674 90% -JV with JH Mining Unchanged Unchanged
P16/2675 90% -JV with JH Mining Unchanged Unchanged
P16/2678 90% -JV with JH Mining Unchanged Unchanged

Appendix 5B Page 4

Appendix 5B Mining exploration entity quarterly report

6.2
Interests in
mining
tenements
acquired or
increased
Exploration
Permit
No.
000002-00 XI
Philippines
70% interest subject to signing
a Definitive Agreement
NONE 70% Subject
to
signing
the
Definitive
Agreement

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
7.3
+Ordinary
securities
7.4
Changes during
quarter
(a) Increases
through issues
(b) Decreases
through returns
of capital, buy-
backs
32,870,000 22,435,000
7.5
+Convertible
debt securities
(description)
7.6
Changes during
quarter
(a) Increases
through issues
(b) Decreases
through
securities
matured,
converted
7.7
Options
(description and
conversion
factor)
2,000,000
335,000
Exercise price
25 cents
28 cents
Expiry date
25 August 2014
30 June 2014

Appendix 5B Page 5

Appendix 5B Mining exploration entity quarterly report

7.8
Issued during
quarter
7.9
Exercised during
quarter
7.10
Expired during
quarter
335,000
9,190,722
28 cents
25 cents
30 June 2014
17 December 2013
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.

  • 2 This statement does give a true and fair view of the matters disclosed.

==> picture [105 x 73] intentionally omitted <==

Sign here: ............................................................ Date: 29 July 2011

(Director/Company secretary)

Print name: Jay Stephenson

Appendix 5B Page 6