| Appendix 5B - September 2015 | |
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QUARTERLY STATEMENT OF CONSOLIDATED CASH FLOW
Appendix 5B
Mining exploration entity quarterly report
Introduced 1/7/96. Origin: Appendix 8. Amended 1/7/97, 1/7/98, 30/9/2001.
Name of entity
EASTERN IRON LIMITED
Rule 5.3
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ABN
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Quarter ended ('current quarter')
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70 126 678 037
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30 September 2015
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Consolidated statement of cash flows
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Cash flows related to operating activities
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Current quarter 30 September 2015
$A'000
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Year to date (3 months)
30 September 2015
$A'000
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1.1
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Receipts from product sales and related debtors
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0
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0
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1.2
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Payments for (a) exploration and evaluation
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(50)
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(50)
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(b) development
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0
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0
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(c) production
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0
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0
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(d) administration
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(84)
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(84)
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1.3
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Dividends received
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0
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0
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1.4
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Interest and other items of a similar nature received
|
0
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0
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1.5
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Interest and other costs of finance paid
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0
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0
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1.6
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Income taxes paid/received on R&D tax offset
|
281
|
281
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|
1.7
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Other - consulting fees and rental income
- tenement security deposits (paid)/refunded
|
0
0
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0
0
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Net Operating Cash Flows
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147
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147
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Cash flows related to investing activities
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0
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0
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1.8
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Payment for purchases of: (a) prospects
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(b) equity investments
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0
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0
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(c) other fixed assets
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0
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0
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1.9
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Proceeds from sale of: (a) prospects
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0
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0
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(b) equity investments
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0
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0
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(c) other fixed assets
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0
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0
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1.10
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Loans to other entities
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0
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0
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1.11
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Loans repaid by other entities
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0
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0
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1.12
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Other
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0
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0
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Net investing cash flows
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0
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0
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1.13
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Total operating and investing cash flows (carried forward)
|
147
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147
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Current quarter
$A'000
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Year to date
$A'000
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1.13 Total operating and investing cash flows (brought forward)
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147
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147
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Cash flows related to financing activities
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0
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0
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1.14 Proceeds from issues of shares, options, etc
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1.15 Proceeds from sale of forfeited shares
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0
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0
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1.16 Proceeds from borrowings
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0
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0
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1.17 Repayment of borrowings
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0
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0
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1.18 Dividends paid
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0
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0
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1.19 Other - Equity raising costs
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0
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0
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Net financing cash flows
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0
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0
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Net increase (decrease) in cash held
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147
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147
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1.20 Cash at beginning of quarter/year to date
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84
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84
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1.21 Exchange rate adjustments to item 1.20
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0
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0
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1.22 Cash at end of quarter
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231
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231
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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
$A'000
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1.23
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Aggregate amount of payments to the parties included in item 1.2
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49
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1.24
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Aggregate amount of loans to the parties included in item 1.10
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Nil
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1.25
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Explanation necessary for an understanding of the transactions
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Salaries, directors' fees and consultancy fees at normal commercial rates
Non-cash financing and investing activities
-
Details of financing and investing transactions which have had a material effect on consolidated assets and liabilities but did not involve cash flows
On 23 September the Company announced an agreement to issue 133.3 million new ordinary shares at an issue price of $0.015 to Fortune Future Holdings Ltd. The issue of shares will raise
$2 million and is subject to approval by shareholders of both companies.
-
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
Add notes as necessary for an understanding of the position.
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Amount available
$A'000
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Amount used
$A'000
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3.1
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Loan facilities
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Nil
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Nil
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3.2
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Credit standby arrangements
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Nil
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Nil
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Estimated cash outflows for next quarter
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-
Exploration and evaluation
-
Development
-
Production
-
Administration
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$A'000
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2
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0
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0
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87
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Total
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89
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Reconciliation of cash
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Reconciliation of cash at the end of the quarter (as shown in the consolidated statement of cash flows) to the related items in the accounts is as follows
|
Current quarter
$A'000
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Previous quarter
$A'000
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-
Cash on hand and at bank
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Deposits at call
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Bank overdraft
-
Other - bills receivable, bank accepted and short term bank deposits
|
207
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60
|
|
24
|
24
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0
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0
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0
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0
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Total: cash at end of quarter (item 1.22)
|
231
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84
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Changes in interests in mining tenements
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Tenement reference
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Nature of interest (note (2))
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Interest at beginning of quarter
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Interest at end
of quarter
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EL 4509 Nowa Nowa
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tenement allowed to expire
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100%
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0%
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EL 6183 Nowa Nowa
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EL application
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0%
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100%
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-
Interests in mining tenements relinquished, reduced or lapsed
-
Interests in mining tenements acquired or increased
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6.3
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The full Eastern Iron schedule of tenements is included as an attachment to this report.
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Issued and quoted securities at end of current quarter
Description includes rate of interest and any redemption or conversion rights together with prices and dates.
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Total Number
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Number quoted
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Issue price per security (see note
3) (cents)
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Amount paid up per security (see note 3) (cents)
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7.1
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Preference securities
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Nil
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7.2
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Changes during quarter
-
Increases through issues
-
Decreases through returns of capital, buy-backs, redemptions
|
Nil
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7.3
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Ordinary securities
- fully paid EFE
|
152,524,401
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152,524,401
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7.4
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Changes during quarter
-
Increases through issues
-
Decreases through return of capital, buy-backs
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516,271
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516,271
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$0.012
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$0.012
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7.5
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Convertible debt securities
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Nil
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7.6
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Changes during quarter
-
Increases through issues
-
Decreases through securities matured, converted
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Nil
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7.7
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Options
EFE 10 cents
EFE 6.2 cents
EFE 4.5 cents
|
3,700,000
1,000,000
450,000
|
0
0
0
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Exercise price
$0.10
$0.062
$0.045
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Expiry date
23 Nov 2015
26 Nov 2016
19 Nov 2017
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7.8
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Issued during quarter
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Nil
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7.9
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Exercised during quarter
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Nil
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7.10
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Expired during quarter
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Nil
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7.11
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Debentures
(totals only)
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Nil
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7.12
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Unsecured notes
(totals only)
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Nil
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Compliance statement
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This statement has been prepared under accounting policies which comply with accounting standards as defined in the Corporations Law or other standards acceptable to ASX (see note 4).
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This statement does give a true and fair view of the matters disclosed.
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Eastern Iron Limited
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CODE : EFE.AX |
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ProfilIndicateurs
de MarchéVALEUR :
Projets & res.Communiqués
de PresseRapport
annuelRISQUE :
Profile actifsContactez la cie |
Eastern Iron est une société d’exploration minière basée en Australie. Eastern Iron détient divers projets d'exploration en Australie. Ses principaux projets en exploration sont MAINLINE PROJECT et COBAR PROJECT en Australie. Eastern Iron est cotée en Australie. Sa capitalisation boursière aujourd'hui est 2,0 millions AU$ (1,3 millions US$, 1,2 millions €). La valeur de son action a atteint son plus haut niveau récent le 21 janvier 2011 à 0,24 AU$, et son plus bas niveau récent le 20 mars 2020 à 0,00 AU$. Eastern Iron possède 285 860 000 actions en circulation. |