PTR MINERALS LTD — Interim / Quarterly Report 2013

Apr 29, 2013

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
----------------	--

PETRATHERM LTD

17 106 806 884 31 March 2013

ABN Quarter ended ("current quarter")

Consolidated statement of cash flows

		Current quarter	Year to date (9
Cash flows related to operating activities		$A'000	months)
			$A'000
1.1	Receipts from product sales and relateddebtors	-	-
1.2	Payments for(a) exploration & evaluation(b) development	(90)--	(324)--
	(c) production(d) administration	(294)	(904)
1.3	Dividends received	-	-
1.4	Interest and other items of a similar naturereceived	8	37
1.5	Interest and other costs of finance paid	-	-
1.6	Income taxes paid	-	-
1.7	Other (Joint Venture Repayments)	-	12
	Other ( R & D Tax Offset)	443	443
		67	(736)
	Net Operating Cash Flows
	Cash flows related to investing activities
1.8	Payment for purchases of:(a) prospects	-	-
	(b) equity investments(c) other fixed assets	-	(3)
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 by other entities	-	-
1.12	Other (provide details if material)
	Net investing cash flows	-	(3)
1.13	Total operating and investing cash flows	67	(739)
	(carried forward)

+ See chapter 19 for defined terms.

1.13	Total operating and investing cash flows	67	(739)
	(brought forward)
	Cash flows related to financing activities
1.14	Proceeds from issues of shares, options, etc.	-	849
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)	(22)	(107)
		(22)	742
	Net financing cash flows
	Net increase (decrease) in cash held	45	3
1.20	Cash at beginning of quarter/year to date	1,273	1,315
1.21	Exchange rate adjustments to item 1.20	(5)	(5)
		1,313	1,313
1.22	Cash at end of quarter

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 parties included in item 1.2	93
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, wages and superannuation for the 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

Nil

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

Nil

+ See chapter 19 for defined terms.

Financing facilities available

Add notes as necessary for an understanding of the position.

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

Estimated cash outflows for next quarter

4.1	Exploration and evaluation	$A'000134
4.2	Development	-
4.3	Production	-
4.4	Administration	280
	Total	414

Reconciliation of cash

	Reconciliation of cash at the end of the quarter (asshown 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	385	695
5.2	Deposits at call	928	578
5.3	Bank overdraft	-	-
5.4	Other (provide details)	-	-
	Total: cash at end of quarter (item 1.22)	1,313	1,273

+ See chapter 19 for defined terms.

Changes in interests in mining tenements

		Tenementreference	Nature of interest(note (2))	Interest atbeginningof quarter	Interest atend ofquarter
6.1	Interests in miningtenements relinquished,reduced or lapsed
6.2	Interests in miningtenements acquired orincreased

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 persecurity (seenote 3) (cents)	Amount paid up persecurity (see note 3)(cents)
7.1	Preference+securities(description)	-	-	-	-
7.2	Changes duringquarter(a) Increasesthrough issues(b) Decreasesthrough returnsof capital, buy	--	--	--	--
7.3	backs,redemptions+Ordinarysecurities	177,034,766	177,034,766	Fully Paid	Fully Paid
7.4	Changes duringquarter(a) Increasesthrough issues(b) Decreasesthrough returnsof capital, buybacks	7,597-	7,597-	Fully Paid-	Fully Paid-
7.5	+Convertibledebtsecurities(description)	-	-	-	-

+ See chapter 19 for defined terms.

7.6	Changes duringquarter(a) Increasesthrough issues(b) Decreasesthroughsecuritiesmatured,converted	--	--	--	--
7.7	Options(description andconversion			Exercise price	Expiry date
	factor)	750,000
				$0.37	30/04/2013
		50,000		$0.56	6/10/2013
		150,000		$0.42	27/11/2013
		350,000		$0.50	23/12/2014
		300,000		$0.53	3/01/2015
		3,600,000		$0.24	4/01/2015
		250,000		$0.20	5/07/2015
		350,000		$0.20	5/07/2015
		1,100,000		$0.15	30/01/2016
		350,000		$0.14	8/01/2017
		500,000		$0.13	2/03/2017
		28,187,111		$0.03	2/11/2014
7.8	Issued duringquarter	-		-	-
7.9	Exercisedduring quarter	7,597		$0.03	2/11/2014
7.10	Expired duringquarter	30,000		$1.20	6/01/2013
7.11	Debentures(totals only)	-	-
7.12	Unsecured	-	-
	notes (totals
	only)

+ See chapter 19 for defined terms.

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 (Company secretary)

th April 2013

Print name: Donald Stephens................................

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.