STRIKE RESOURCES LIMITED — Interim / Quarterly Report 2002

Nov 11, 2002

Fast Scout Limited October 2002 Monthly Cash Flow Report October 2002 Monthly Cash Flow Report FSL000058 Name of entity FAST SCOUT LIMITED ACN or ARBN Month Ended ("Current Month") 088 488 724 31 October 2002 Consolidated statement of cash flows Current Month Year to Date Oct 2002 4 months $$'000$ $ 000 Cash flows related to operating activities $1.1$ Receipts from customers 43 $1.2$ Payments for (a) staff costs $(23)$ $(60)$ (b) advertising and marketing (c) research and development (d) leased assets (e) other working capital $(12)$ $(83)$

$1.3$ Dividends received $1.4$ interest and other items of a similar nature received 19 44 $1.5$ Interest and other costs of finance paid $1.6$ Income taxes paid $\overline{a}$ Other (provide details if material) $1.7$ (a) classification works $(30)$ $(43)$ Net operating cash flows $(46)$ $(99)$ Fast Scout Limited

October 2002

Monthly Cash Flow Report

		Current Month	Year to Date
		Oct 2002$'000	4 months
			$'000
1.8	Net operating cash flows (carried forward)	(46)	(99)
	Cash flows related to investing activities
1.9	Payment for acquisition of:
	(a)businesses (item 5)
	(b)equity investments
	(c)intellectual property
	(d)physical non-current assets
	(e)other non-current assets
1.10	Proceeds from disposal of:
	(a)businesses (item 5)
	(b)equity investments
	(c)intellectual property
	(d)physical non-current assets
	(e)other non-current assets
1.11	Loans to other entities
1.12	Loans repaid by other entities
1.13	Other (provide details if material)
	Net investing cash flows
1.14	Total operating and investing cash flows	(46)	(99)
	Cash flows related to financing activities
1.15	Proceeds from issues of shares, options, etc.
1.16	Proceeds from sale of forfeited shares
1.17	Proceeds from borrowings
1.18	Repayment of borrowings
1.19	Dividends paid
1.20	Other (provide details if material)
	(a) Net proceeds from sale of unmarketable parcels		62
	(b) Payments to former unmarketable parcels' shareholders	(1)	(57)
	(c) Payments in relation to share buy back		(64)
	Net financing cash flows	(1)	(59)
	Net increase (decrease) in cash held	(47)	(158)
1.21	Cash at beginning of month/year to date	2,596
1.22	Exchange rate adjustments to item 1.20		2,707
1.23	Cash at end of month	2,549	2,549

Fast Scout Limited (A.B.N. 94 088 488 724)Level 14, The Forrest Centre, 221 St Georges Terrace, Perth, Western Australia 6000 Tel: +61 8 9214 9700 Email: info@fastscout.com.au Fax: +61 8 9322 1515

$\sim$

October 2002

Monthly Cash Flow 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

		Current MonthOct 2002$'000
1.24	Aggregate amount of payments to the parties included in item 1.2	15
1.25	Aggregate amount of loans to the parties included in item 1.11

• $1.26$ Explanation necessary for an understanding of the transactions
  • (1) $14,695 Directors' salaries and fees.

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 businesses in which the reporting entity has an interest

None.

Financing facilities available

Add notes as necessary for an understanding of the position. (See AASB 1026 paragraph 12.2).

		Amount available$ 000	Amount used$'000
3.1	Loan facilities	$\bullet$	$\overline{\phantom{0}}$
32	Credit standby arrangements	$\overline{\phantom{0}}$

Fast Scout Limited	October 2002	Monthly Cash Flow Report

Reconciliation of cash

	Reconciliation of cash at the end of the month (as shown in the)consolidated statement of cash flows) to the related items in the accountsis as follows	CurrentMonth$'000	PreviousMonth$'000
4.1	Cash on hand and at bank	63	171
4.2	Deposits at call	2,486	2.425
4.3	Bank overdraft
4.4	Other (provide details)	$\bullet$
	Total: cash at end of month (item 1.22)	2,549	2.596

Acquisitions and disposals of business entities

		Acquisitions$($ ltem 1.9 $(a)$	Disposals(item $1.10(a)$ )
5.1	Name of entity
5.2	Place of incorporationor registration
5.3	Consideration foracquisition or disposal
5.4	Total net assets
5.5	Nature of business

Compliance statement

• $\mathbf{1}$ This statement has been prepared under accounting policies which comply with accounting standards as defined in the Corporations Law (except to the extent that information is not required because of note 2) or other standards acceptable to ASX.
• $\mathbf{2}$ This statement does /does not* (delete one) give a true and fair view of the matters disclosed.

Date: 12 November 2002

Print name: Victor Ho Company Secretary

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