STREAMPLAY STUDIO LIMITED — Interim / Quarterly Report 2013

Jul 30, 2013

Rule 5.5

Appendix 5B

Mining exploration entity and oil and gas exploration entity quarterly report

Name of entity
	Gippsland Limited
ABN		Quarter ended ("current quarter")
	31 004 766 376	30June2013
	Consolidated statement of cash flows
	Cash flows related to operating activities	Current quarter$A'000	Year to date (12 months)$A'000
1.1	Receipts from product sales and related debtors *	-	-
1.2	Payments for(a) exploration & evaluation(b) development(c) production *	(89)(603)-	(1,139)(1,159)-
1.3	(d) administrationDividends received	(844)	(2,281)
1.4	Interest and other items of a similar nature received	2	8
1.5	Interest and other costs of finance paid	(10)	(10)
1.6	Income taxes paid
1.7	Other (provide details if material)
		(1,544)	(4,581)
	Net Operating Cash Flows
1.81.9	Cash flows related to investing activitiesPayment for purchases of: (a) prospects(b) equity investments(c) other fixed assetsProceeds from sale of:(a) prospects(b) equity investments	(726)1,916	(896)1,916
1.10	(c) other fixed assetsLoans to other entities
1.11	Loans repaid by other entities
1.12	Other (provide details if material)
	Net investing cash flows	1,190	1,020
1.13	Total operating and investing cash flows	(354)	(3,561)
1.14	Cash flows related to financing activitiesProceeds from issues of shares, options, etc.	1,648	3,032
1.15	Proceeds from sale of forfeited shares
1.16	Proceeds from borrowings	200	1,200
1.17	Repayment of borrowings	(1,200)	(1,200)
1.18	Dividends paid
1.19	Other – share issue costs	(35)	(74)
	Net financing cash flows (carried forward)	613	2,958

	Nett financing cash flows (brought forward)	613	2,958
	Net increase (decrease) in cash held	259	(603)
1.20	Cash at beginning of quarter/year to date	285	1,170
1.21	Exchange rate adjustments to item 1.20	43	20
1.22	Cash at end of quarter	587	587

* Note: Cash flows attributable to the alluvial mining project have been treated as development costs in accordance with accounting policy. Prior period alluvial mining project cash flows, including pre-production revenue, have been reclassified accordingly. This treatment is consistent with accounting policies applied in preparation of the Company's most recent statutory financial statements.

Payments to directors of the entity, associates of the directors, 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	237
1.24	Aggregate amount of loans to the parties included in item 1.10	Nil
1.25	Explanation necessary for an understanding of the transactions
	Payments of consulting fees and directors fees to directors and director related entities

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

None

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

None

Financing facilities available

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

Estimated cash outflows for next quarter

		$A'000
4.1	Exploration and evaluation	43
4.2	Development	-
4.3	Production	744
4.4	Administration	473
	Total	1,260

Reconciliation of cash

Reconciliation of cash at the end of the quarter (as shown in theconsolidated statement of cash flows) to the related items in theaccounts is as follows.		Current quarter$A'000	Previous quarter$A'000
5.1	Cash on hand and at bank	286	285
5.2	Deposits at call	301	-
5.3	Bank overdraft	-	-
5.4	Other (provide details)	-	-
	Total: cash at end of quarter (item 1.22)	587	285

	+ See chapter 19 for defined terms.

		Tenement	Nature of interest	Interest at	Interest at end of
		reference and	(note (2))	beginning of	quarter
		location		quarter
6.1	Interests in mining tenementsand petroleum tenementsrelinquished, reduced or lapsed
6.2	Interests in mining tenementsand petroleum tenementsacquired or increased

Changes in interests in mining tenements and petroleum tenements

Issued and quoted securities at end of current quarter

		Total number	Number quoted	Issue price per	Amount paid up
				security (see note3) (cents)	per security (seenote 3) (cents)
7.1	Preference +securities(description)
7.2	Changes during quarter
	(a) Increases through issues
	(b) Decreases through returnsof capital, buy-backs,redemptions
7.3	+Ordinary securities	1,375,700,081	1,375,700,081
7.4	Changes during quarter
	(a) Increases through issues	169,805,766	169,805,766	1 cent	Fully paid
	(b) Decreases through returnsof capital, buy-backs
7.5	+Convertible debt securities(description)
7.6	Changes during quarter
	(a) Increases through issues
	(b) Decreases throughsecurities matured, converted
				Exercise price	Expiry date
7.7	Options	600,000	-	6 cents	31/12/13
7.8	Issued during quarter
7.9	Exercised during quarter
7.10	Expired during quarter
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 or other standards acceptable to ASX (see note 5).
• 2 This statement does /does not* (delete one) give a true and fair view of the matters disclosed.

Director: IJ Gandel Date: 31 July 2013

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 and petroleum 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 or petroleum 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.