Quarterly Cashflow Report (PDF - 148 Kb)

Name of entity

STRATEGIC MINERALS CORPORATION NL (SMC)

ABN

Quarter ended ("current quarter")

35 008 901 380

30 June 2016

Cash flows related to operating activities

Current quarter

$A'000

Year to date (6 Months)

$A'000

1.1

Receipts from product sales and related debtors

-

-

1.2

Payments for: (a) exploration & evaluation

(291)

(392)

(b) development

-

-

(c) production

-

-

(d) administration

(130)

(252)

(e) project development costs

-

-

1.3

Dividends received

-

-

1.4

Interest and other items of a similar nature received

0

1

1.5

Interest and other costs of finance paid

-

-

1.6

Income taxes paid

-

-

1.7

Other

-

-

Net Operating Cash Flows

(421)

(643)

Cash flows related to investing activities

-

-

1.8

Payment for purchases of: (a)prospects

(b)equity investments

-

-

(c) other fixed assets

-

-

1.9

Proceeds from sale of: (a) prospects

-

-

(b) equity investments

-

-

(c) other fixed assets

-

-

1.10

Loans to other entities

-

-

1.11

Loans repaid by other entities

-

-

1.12

Other (provide details if material)

-

-

Net Investing Cash Flows

-

-

1.13

Total operating and investing cash flows (carried forward)

(421)

(643)

1.13

Total operating and investing cash flows (brought forward)

(421)

(643)

Cash flows related to financing activities

-

107

1.14

Proceeds from issues of shares, options, etc. net of costs

1.15

Proceeds from sale of forfeited shares

-

-

1.16

Proceeds from borrowings

-

-

1.17

Repayment of borrowings

-

-

1.18

Dividends paid

-

-

1.19

Other (provide details if material)

-

-

Net financing cash flows

-

107

Net increase (decrease) in cash held

(421)

(536)

1.20

Cash at beginning of quarter/year to date

699

814

1.21

Exchange rate adjustments to item 1.20

-

-

1.22

Cash at end of quarter

278

278

Current quarter

$A'000

1.23

Aggregate amount of payments to the parties included in item 1.2

57

1.24

Aggregate amount of loans to the parties included in item 1.10

-

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

Nil

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

Nil

Amount available

$A'000

Amount used

$A'000

3.1

Loan facilities

-

-

3.2

Credit standby arrangements

-

-

$A'000

4.1

Exploration and evaluation

150

4.2

Development

-

4.3

Production

-

4.4

Administration

100

Total

250

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

Previous quarter

$A'000

5.1

Cash on hand and at bank

42

42

5.2

Deposits at call

236

657

5.3

Bank overdraft

-

-

5.4

Other: Refundable Guarantees

-

-

Total: cash at end of quarter (item 1.22)

278

699

Project / Tenements

Location

Held at end of quarter

Acquired during the quarter

Disposed during the quarter

Woolgar Gold Project

 EPM 11886 Woolgar W

 EPM 9599 Woolgar C

 EPM 14209 Woolgar S

 EPM 14060 Woolgar E

 EPM 13942 Steam Engine

 ML 2642 Soapspar 1

 ML 2793 Soapspar 2

 ML 2729 Mowbray 3

 ML 2739 Mowbray

Australia

100%

0%

0%

Woolgar Uranium Project

 ML 2728 Perseverance

 ML 90044 Sandy Creek Dam

 ML 90122 Sandy Creek Plant

Australia

100% (1)

0%

0%

Farm-in Agreements / Tenements

Location

Held at end of quarter

Acquired during the quarter

Disposed during the quarter

Nil

Farm-out Agreements / Tenements

Location

Held at end of quarter

Acquired during the quarter

Disposed during the quarter

Nil

Total number

Number quoted

Issue price per security (see note 3) (cents)

Amount paid up per security (see note 3) (cents)

7.1

Preference +securities

(description)

-

-

7.2

Changes during quarter

1. Increases through issues

2. Decreases through returns of capital, buy-backs, redemptions

-

-

7.3

+Ordinary securities

57,762,323

57,762,323

7.4

Changes during quarter

1. Increases through issues

2. Decreases through returns of capital, buy-backs

7.5

+Convertible debt securities (description)

-

-

7.6

Changes during quarter

1. Increases through issues

2. Decreases through securities matured, converted

-

-

7.7

Options (description and conversion factor)

Nil

Exercise price $

Expiry date

7.8

Issued during quarter

Nil

7.9

Exercised during quarter

-

-

7.10

Expired during quarter

-

-

7.11

Debentures

(totals only)

-

-

7.12

Unsecured notes

(totals only)

-

-