Appendix 5B

ACN

Quarter ended ('current quarter')

148 966 545

30 September 2015

Consolidated statement of cash flows

Current Quarter

$A'000

Year to date ( 3 Months)

$A'000

Cash flows related to operating activities

-

-

1.1 Receipts from product sales and related debtors

1.2 Payments for (a) exploration and evaluation

(398)

(398)

(b) development

-

-

(c) production

-

-

(d) administration

(513)

(513)

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 (GST)

(27)

(27)

Net operating cash flows

(938)

(938)

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

703

703

(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

703

703

1.13 Total operating and investing cash flows (carried forward)

(235)

(235)

1.13 Total operating and investing cash flows (brought forward)

(235)

(235)

Cash flows related to financing activities

-

-

1.14 Proceeds from issues of shares, options, etc.

1.15 Proceeds from sale of forfeited shares

-

-

1.16 Proceeds from borrowings

671

671

1.17 Repayment of borrowings

-

-

1.18 Oversubscription of capital raising

-

-

1.19 Other (including convertible note fees)

(2)

(2)

Net Financing Cash Flows

669

669

Net increase (decrease) in cash held

434

434

1.20 Cash at beginning of quarter/year to date

86

86

1.21 Exchange rate adjustments to Item 1.20

54

54

1.22 Cash at end of quarter

574

574

1.23 Aggregate amount of payments to the parties included in item 1.2

Current quarter

$A'000

228

1.24 Aggregate amount of loans to the parties included in item 1.10

-

Explanation necessary for an understanding of the transactions

Fees paid to directors and/or director related entities

172

Company secretarial fees and consulting

21

Corporate services incl. Accounting, Rent and Outgoings Payments are net of any applicable GST

35

3.1 Loan facilities: Loans

Amount available

$A'000

Amount used

$A'000

3,731

2,252

3.2 Credit standby arrangements

-

-

Estimated cash outlays for next quarter

$A'000

4.1 Exploration and evaluation

-

4.2 Development

-

4.3 Production

-

4.4 Administration

150

4.5 Capital Acquisitions

-

TOTAL

150

Reconciliation of cash at the end of the quarter (as shown in the statement of cash flows) to the related items in the accounts is follows.

Current Quarter

$A'000

Previous Quarter

$A'000

5.1 Cash on hand and at bank

147

44

5.2 Deposits at call

427

42

5.3 Bank overdraft

-

-

5.4 Other - Term Deposits

-

-

Total: cash at end of quarter (item 1.22)

574

86

Tenement Reference

Nature of Interest [note (4)]

Interest at Beginning of Quarter

Interest at End of Quarter

-

-

-

-

-

-

-

-

Total Number

Number Quoted

Issue Price (cents)

Amount paid up (cents)

7.1 Preferences securities

(description)

-

-

-

-

-

-

-

-

7.3 Ordinary securities

58,693,961

58,693,961

-

-

7.4 Changes during quarter

102,564

102,564

-

-

(a) increases through issues

(b) decreases through returns of capital, buybacks

Unquoted Partly Paid Securities

-

21,800,000

-

-

-

-

-

$0.01

7.5 Convertible debt securities

(description)

135,000

-

-

-

-

-

-

-

7.7 Options

4,000,000

-

Exercise Price

$0.15

Expiry 18 July 2016

7.8 Issued during quarter

-

-

-

-

7.9 Exercised during quarter

-

-

-

-

7.10 Expired during quarter

-

-

-

-

7.11 Debentures

(totals only)

-

-

7.12 Unsecured notes

(totals only)

-

-

7.13 Performance Shares

-

-

-

-

-

-