METALS AUSTRALIA LTD — Interim / Quarterly Report 2013

Oct 29, 2012

Appendix 5B Mining exploration entity quarterly report

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Rule 5. 3
Appendix 5B
Mining exploration entity quarterly report
N ame of entit y
Metals Australia Ltd
Qua r ter ended
ABN
(“curre n t quarter”)
38 008 982 474 30 September 2012
Consolidated statement of cash flows
Current Year to date
quarter (3 months)
$A’000 $A’000
Cash flows related to operating activities
1.1 Receipts fr o m product sales and rel a ted debtors
1.2 Payments f o r (a) explo r ation and e v aluation ( 111) (111)
(b) development
(c) prod u ction
(d) admi n istration ( 233) (233)
1.3 Dividends r eceived
1.4 Interest an d other item s of a similar nature recei v ed 48 48
1.5 Interest an d other costs of finance p a id
1.6 Income tax e s paid
1.7 Other (pro v ide details i f material) R & D G r ant 11 11
Net operating cash flows (285) (285)
Cash flows related to investing activities
1.8 Payment for purchases o f:(a) prosp e cts
(b) equity investments
(c) other f ixed assets
1.9 Proceeds fr o m sale of: (a) prosp e cts
(b) equity investment s
(c) other f ixed assets 5 5
1.10 Loans to ot h er entities
1.11 Loans repa i d by other e n tities
1.12 Other (pro v ide details i f material)
Net investing cash flows
1.13 Total operating and investing cash flows (carried forward) (290) (290)
Cash flows related to financing activities
1.14 Proceeds fr o m issues of shares, opti o ns, etc.
1.15 Proceeds fr o m sale of forfeited shar e s
1.16 Proceeds fr o m borrowi n gs
1.17 Repayment of borrowin g s
1.18 Dividends p aid
1.19 Other (pro v ide details i f material)
Net financing cash flows
Net increase (decrease) in cash held (290) (290)
1.20 Cash at be g inning of qu a rter/year t o date 2 ,216 2,216
1.21 Exchange r a te adjustments to item 1 . 20
1.22 Cash at end of quarter 1,926 1,926
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• See chapter 19 for defined term s .

Appendix 5B Page 1

Appendix 5B Mining exploration entity quarterly report

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

ities
1.23 1.24 1.25	Aggregate amount of payments to the parties included in item 1.2 Aggregate amount of loans to the parties included in item 1.10 Explanation necessaryfor an understandingof the transactions		Current quarter $A'000
			21
	Professional Services & Directors’ Fees Exploration ExpensesPaidThroughSubsidiary	$A’000 16 5

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

Financing facilities available

Add notes as necessary for an understanding of the position.

nancing facilities available d 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
timated cash outflows for next quarter
4.1 Exploration and evaluation 4.2 Development 4.3 Production 4.4 Administration		$A’000
		200 150
Total		350

Estimated cash outflows for next quarter

Reconciliation of cash

econciliation 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)	276 1,650	66 2,150
Total: cash at end ofquarter(item 1.22)	1,926	2,216

• See chapter 19 for defined terms.

Appendix 5B Page 2

Appendix 5B Mining exploration entity quarterly report

Changes in interests in mining tenements

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. Tenement reference Nature of interest (note(2)) Interest at beginning ofquarter Interest at end of quarter 6.1 Interests in mining tenements relinquished, reduced or lapsed 6.2 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. Tenement reference Nature of interest (note(2)) Interest at beginning ofquarter Interest at end of quarter 6.1 Interests in mining tenements relinquished, reduced or lapsed 6.2 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. Tenement reference Nature of interest (note(2)) Interest at beginning ofquarter Interest at end of quarter 6.1 Interests in mining tenements relinquished, reduced or lapsed 6.2 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. Tenement reference Nature of interest (note(2)) Interest at beginning ofquarter Interest at end of quarter 6.1 Interests in mining tenements relinquished, reduced or lapsed 6.2 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. Tenement reference Nature of interest (note(2)) Interest at beginning ofquarter Interest at end of quarter 6.1 Interests in mining tenements relinquished, reduced or lapsed 6.2 Interests in mining tenements acquired or increased
	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	767,926,110	767,926,110
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) 7.8 Issued during quarter 7.9 Exercised during quarter 7.10 Expired during quarter	163,665,000 63,770,767 6,000,000	163,665,000 - -	Exercise Price 2 cents 5 cents 4cents	Expiry Date 30 September 2013 1 December 2013 14 November 2013
7.11 Debentures (totals only)
7.12 Unsecured notes(totals only)

• See chapter 19 for defined terms.

Appendix 5B Page 3

Appendix 5B Mining exploration entity quarterly report

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 give a true and fair view of the matters disclosed.

Sign here:

Date: 30 October 2012

Print name: Norman Grafton

Company Secretary

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 1022: Accounting for Extractive Industries and AASB 1026: Statement of Cash Flows apply to this report.

• 5 Accounting Standards ASX will accept, for example, the use of International Accounting 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.

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• See chapter 19 for defined terms.

Appendix 5B Page 4