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PREDICTIVE DISCOVERY LIMITED Interim / Quarterly Report 2014

Jul 30, 2014

65537_rns_2014-07-30_a7a2b903-bec5-4feb-b977-1a9c33938b99.pdf

Interim / Quarterly Report

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Appendix 5BMining exploration entity quarterly report

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 Predictive Discovery Ltd

ABN
11 127 171 877
Quarter ended(“currentquarter”)
11 127 171 877 30-Jun-14

Consolidated statement of cash flows

1.1
1.3
1.4
1.5
1.6
1.7
Interest and other items of a similar nature received
Interest and other costs of finance paid
Payments for (a) exploration & evaluation
Income taxes paid
Other - FX loss
Net Operating Cash Flows
(b) development
(c) production
(d) administration
Joint Venture contributions received
Cash flows related to
operating activities
1.2
Receipts from product sales and related debtors
Current quarter
$A’000
Year to date (12
months)
$A’000
-517
-138
5
-2,315
-628
22
-650 -2,921
1.1
1.11
1.12
1.13
Total operating and investing cash flows (carried forward)
Proceeds from sale of: (a) prospects
(b) equity investments
(c) other fixed assets
Loans to other entities
Cash flows related to investing activities
Payment for purchases of: (a) prospects
(b) equity investments
(c) other fixed assets
1.9
Loans repaid by other entities
Other (provide details if material)
Net investing cash flows
1.8
-27
19
0 -9
-650 -2,930

Appendix 5B Page 1

Appendix 5BMining exploration entity quarterly report

1.13
Total operatingand investingcash flows(brought forward)
-650 -2,930
1.14
1.15
1.16
1.17
1.18
1.19
Proceeds from issues of shares, options, etc.
Net financing cash flows
Cash flows related to financing activities
Dividends paid
Share issue costs
Proceeds from borrowings
Repayment of borrowings
Proceeds from sale of forfeited shares
0
0
2,592
-57
0 2,535
1.2
1.21
1.22
Net increase (decrease) in cash held
Cash at beginning of quarter/year to date
Exchange rate adjustments to item 1.20
Cash at end ofquarter
1,596
-31
-650
1,340
-28
-396
916 916

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
Currentquarter
$A'000
68
1.25 Explanation necessary for an understanding of the transactions
Director fees

Non-cash financing and investing activities

2.1
2.2
Details of financing and investing transactions which have had a material effect on consolidated assets and
liabilities but did not involve cash flows
Details of outlays made by other entities to establish or increase their share in projects in which the reporting
entityhas an interest

Appendix 5B Page 2

Appendix 5BMining exploration entity quarterly report

Financing facilities available

Add notes as necessary for an understanding of the position.

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

Estimated cash outflows for next quarter

Estimated cash outflows for next quarter
Development
Production
Administration
4.2
4.4
4.1
Exploration and evaluation
4.3
$A’000
300
142
Total 442

Reconciliation of cash

5.1
5.2
5.3
5.4
Bank overdraft
Other(provide details)
Cash on hand and at bank
Deposits at call
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
280 58
636 1,538
Total: cash at end ofquarter(item 1.22) 916 1,596

Changes in interests in mining tenements

6.2
Interests in mining tenements
acquired or increased
6.1
Interests in mining tenements
relinquished, reduced or
lapsed
Tenement
reference
Nature of
interest
(note(2))
Interest at beginning of
quarter

Interest at end of
quarter

Appendix 5B Page 3

Appendix 5BMining 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.

7.1
7.5
7.7
7.8
7.9
7.1
Changes during quarter
(a) Increases through issues
7.3
+Ordinary securities
(a) Increases through issues
(b) Decreases through returns
of capital, buy-backs
+Convertible debt securities
(description)
7.2
Preference +securities
(description)
Changes during quarter
(a) Increases through issues
(b) Decreases through returns
of capital, buy-backs,
redemptions
7.4
7.6
(b) Decreases through
securities matured, converted
Changes during quarter
Options (description and
conversion factor)
Issued during quarter
Exercised during quarter
Expired during quarter
(totals only)
Unsecured notes(totals only)
Debentures
7.12
7.11
Total number Number
quoted
Issue price per security
(see note 3) (cents)
Amount paid up per
security (see note 3)
(cents)
387,865,214 387,865,214
6,000,000
500,000
9,131,075
2,000,000
8,000,000


0
Exercise price
25 cents 31
cents various
15 cents 2.2
cents


Expiry date
20/8/2015
11/7/2015
30/6/2015
30/10/2015
31/3/2017

Appendix 5B Page 4

Appendix 5BMining exploration entity quarterly report

Compliance statement

This statement has been prepared under accounting policies which comply with accounting standards as defined 1 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: 30/07/2014 (Company secretary) Print name: Ian Hobson

Notes

The quarterly report provides a basis for informing the market how the entity’s activities have been financed for

  • 1 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.

The “Nature of interest” (items 6.1 and 6.2) includes options in respect of interests in mining tenements

  • 2 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 .

  • The definitions in, and provisions of, AASB 6: Exploration for and Evaluation of Mineral Resources and AASB

  • 4 107: Statement of Cash Flows apply to this report.

  • Accounting Standards ASX will accept, for example, the use of International Financial Reporting Standards

  • 5 for foreign entities. If the standards used do not address a topic, the Australian standard on that topic (if any) must be complied with.

== == == == ==

Appendix 5B Page 5