STRIKE RESOURCES LIMITED — Interim / Quarterly Report 2004

Aug 10, 2003

July 2003 Monthly Cash Flow Report

	Name of entityFAST SCOUT LIMITED
	ACN or ARBN	Month Ended ("Current Month")
	088 488 724	31 July 2003
Consolidated statement of cash flows		Current Month	Year to Date
		Jul 2003	1 month
		$'000	$' 000
	Cash flows related to operating activities
1.1	Receipts from customers	13	13
1.2	Payments for
	(a) staff costs	(16)	(16)
	(b) advertising and marketing
	(c) research and development
	(d) leased assets
	(e) other working capital	(15)	(15)
1.3	Dividends received
1.4	Interest and other items of a similar nature received
1.5	Interest and other costs of finance paid
1.6	Income taxes paid
1.7	Other (provide details if material)
	(a) Classification works	(74)	(74)
	Net operating cash flows	(92)	(92)

		Current Month	Year to Date
		Jul 2003	1 month
		$' 000	$' 000
1.8	Net operating cash flows (carried forward)	(92)	(92)
	Cash flows related to investing activities
1.9	Payment for acquisition of:
	businesses (item 5)(a)
	(b)equity investments	(21)	(21)
	(c)intellectual property
	(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	(113)	(113)
	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	(113)	(113)
1.21	Cash at beginning of month/year to date	1,697	1,697
1.22	Exchange rate adjustments to item 1.20
1.23	Cash at end of month	1,584	1,584

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 Month
		Jul 2003
		$' 000
1.24	Aggregate amount of payments to the parties included in item 1.2	12
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) $11,958 Directors' salaries, fees and superannuation;

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	$\sim$	$\sim$
3.2	Credit standby arrangements	Service	$\mathbf{m}$

Reconciliation of cash

Reconciliation of cash at the end of the month (as shown in the	Current	Previous
consolidated statement of cash flows) to the related items in the	Month	Month
accounts is as follows	$'000	$'000
4.1Cash on hand and at bank	96	203
4.2Deposits at call	1.488	1,494
4.3Bank overdraft
4.4Other (Bank Bills)
Total: cash at end of month (item 1.22)	1,584	1,697

Acquisitions and disposals of business entities

		Acquisitions	Disposals
		(Item $1.9(a)$ )	(Item $1.10(a)$ )
5.1	Name of entity
5.2	Place of incorporation
	or registration		$\overline{a}$
5.3	Consideration for
	acquisition or disposal
5.4	Total net assets
5.5	Nature of business

Compliance statement

• This statement has been prepared under accounting policies which comply with accounting standards as $\ddot{\mathbf{1}}$ 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: 11 August 2003

$\overline{a}$

Victor Ho Company Secretary