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PTR MINERALS LTD — Interim / Quarterly Report 2017
Jul 30, 2017
65621_rns_2017-07-30_466a9947-8058-4809-9772-513a212d0749.pdf
Interim / Quarterly Report
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31July 2017
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PETRATHERM LIMITED ABN 17 106 806 884
Quarterly Activities Statement – June 2017
Summary
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The Company held $833,673 cash at the end of the quarter.
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The Company was suspended from official quotation on the 25[th] May 2017, however it continues to actively pursue new projects with the aim of enhancing shareholder value.
Review of Operations
The Company had administration costs of $41,619 primarily relating to reporting & compliance, office costs and directors’ fees during the quarter. The Company held $833,673 cash at the end of the quarter.
During the quarter, the Company reviewed a number of projects and business opportunities across a diverse range of industries, with the objective of finding a sustainable long term opportunity for the benefit of the Company’s shareholders.
The Company is continuing to explore ways of containing costs whilst reviewing new projects that will be accretive to shareholder value.
ASX Code: PTR
END
ABN 17 106 806 884
169 Fullarton Road Dulwich SA 5065
T: +61 8 8133 5000 F: +61 8 8431 3502 W: www.petratherm.com.au/ E: [email protected]
MEDIA CONTACT: Simon O’Loughlin Petratherm Limited
08 8133 5000