STRIKE RESOURCES LIMITED — Interim / Quarterly Report 2003

Oct 13, 2003

Appendix 4C

Quarterly Report for entities admitted on the basis of commitments

	Name of entity
	FAST SCOUT LIMITED
ACN or ARBN			Quarter Ended
	088 488 724		30 September 2003
	Consolidated statement of cash flows	Current Quartel	Year to Date
		Sept 2003	3 months
		$'000	$'000
	Cash flows related to operating activities
1.1	Receipts from customers	16	16
1.2	Payments for
	(a) staff costs	(66)	(66)
	(b) advertising and marketing	(1)	(1)
	(c) research and development	(8)	(8)
	(d) leased assets
	(e) other working capital	(17)	(17)
1.3	Dividends received
1.4	Interest and other items of a similar nature received	18	18
1.5	Interest and other costs of finance paid
1.6	Income taxes paid
1.7	Other (provide details if material)
	(a) Classification works	(100)	(100)
	Net operating cash flows	(158)	(158)

		Current QuarterYear to Date
		Sept 2003	3 months
		$'000	$' 000
1.8	Net operating cash flows (carried forward)	(158)	(158)
	Cash flows related to investing activities
1.9	Payment for acquisition of:
	businesses (item 5)(a)
	(b)equity investments	(21)	(21)
	intellectual property(c)
	(d)physical non-current assets
	other non-current assets(e)
1.10	Proceeds from disposal of:
	businesses (item 5)(a)
	(b)equity investments
	intellectual property(c)
	(d)physical non-current assets
	other non-current assets(e)
1.11	Loans to other entities
$1.12 -$	Loans repaid by other entities
1.13	Other (provide details if material)
	Net investing cash flows	(21)	(21)
1.14	Total operating and investing cash flows	(179)	(179)
	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) Payments in relation to share buy back
	Net financing cash flows
	Net increase (decrease) in cash held	(179)	(179)
1.21	Cash at beginning of quarter/year to date	1,697	1,697
1.22	Exchange rate adjustments to item 1.20
	1.23 Cash at end of quarter	1,518	1,518

Fast Scout Ltd (A.B.N. 94 088 488 724) Level 14, The Forrest Centre, 221 St Georges Terrace, Perth, Western Australia 6000 Tel: (08) 9214 9700 Email: info@fastscout.com Fax: (08) 9322 1515

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
	Sept 2003
	$'000
Aggregate amount of payments to the parties included in items 1.2 and 1.71.24	100
Aggregate amount of loans to the parties included in item 1.111.25	w

• 1.26 Explanation necessary for an understanding of the transactions
  • (1) $50,073 Directors' salaries, fees and superannuation.

(2) $99,983 - Classification works performed by Data Base Systems Ltd (a director-related entity) pursuant to a Portal Classification Agreement.

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	Service
3.2	Credit standby arrangements	-	$\blacksquare$

Reconciliation of cash

	Reconciliation of cash at the end of the quarter (as shown in the	Current	Previous
	consolidated statement of cash flows) to the related items in the	Quarter	Quarter
	accounts is as follows	$'000	$'000
4.1	Cash on hand and at bank	16	203
4.2	Deposits at call	108
4.3	Bank overdraft
4.4	Other (Bank Bills)	1,394	1.494
	Total: cash at end of quarter (item 1.22)	1,518	1,697

Acquisitions and disposals of business entities

		Acquisitions(Item $1.9(a)$ )	Disposals(Item $1.10(a)$ )
5.1	Name of entity		$\overline{a}$
5.2	Place of incorporationor registration		$\overline{a}$
5.3	Consideration foracquisition or disposal		$\overline{\phantom{a}}$
5.4	Total net assets		$\overline{a}$
5.5	Nature of business		$\mathbf{r}$

Compliance statement

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

Date: 14 October 2003

Victor Ho Company Secretary

SHARE INVESTMENTS:

	$13 - Oct - 03$
Company	No Shares	%	Closing Price	Value
Altera Capital Ltd (AEA)	20.002.860	32.3%	suspended
Queste Communications Ltd (QUE)	826.950	2.9%	$0.2200	$181,929
Software Communication Group Ltd (SOF)	725.900	2.0%	$0.0540	$39,199
Other Listed Company				$200,000

Fast Scout Ltd (A.B.N. 94 088 488 724) Level 14, The Forrest Centre, 221 St Georges Terrace, Perth, Western Australia 6000 Tel: (08) 9214 9700 Email: info@fastscout.com Fax: (08) 9322 1515