RMM.L Share News (RMM)

The accompanying financial information for the three and nine months ended 30 April 2010 and 30 April 2009 have not been reviewed or audited by the Group's auditors and has an effective date of 21 June 2010. RAMBLER METALS AND MINING PLC CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME (Unaudited) Three months ended Nine months ended 30/04/10 30/04/09 30/04/10 30/04/09 GBP GBP GBP GBP Administrative expenses 368,435 267,154 962,974 835,104 Exploration expenses 11,554 - 44,737 - ---------- ---------- ---------- ---------- Operating loss (379,989) (267,154) (1,007,711) (835,104) ---------- ---------- ---------- ---------- Bank interest receivable 2,270 2,580 4,714 42,851 Finance lease interest payable (10,765) (8,574) (30,268) (26,316) ---------- ---------- ---------- ---------- (8,495) (5,994) (25,554) 16,535 ---------- ---------- ---------- ---------- Loss before tax (388,484) (273,148) (1,033,265) (818,569) Taxation 925 - 18,373 - ---------- ---------- ---------- ---------- Loss after tax (387,559) (273,148) (1,014,892) (818,569) ---------- ---------- ---------- ---------- Other comprehensive income: Exchange differences on translating foreign operations 2,910,416 (259,795) 3,888,683 2,497,760 ---------- ---------- ---------- ---------- Other comprehensive income for the period (net of tax) 2,910,416 (259,795) 3,888,683 2,497,760 ---------- ---------- ---------- ---------- TOTAL COMPREHENSIVE INCOME FOR THE PERIOD 2,522,857 (532,943) 2,873,791 1,679,191 ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- Basic and diluted loss per ordinary share (0.49)p (0.46)p (1.28)p (1.38)p ---------- ---------- ---------- ---------- The accompanying notes are an integral part of these consolidated financial statements. RAMBLER METALS AND MINING PLC CONSOLIDATED STATEMENT OF CHANGES IN EQUITY (Unaudited) Share Share Accumulated Translation Merger Total Capital Premium losses reserve reserve equity GBP GBP GBP GBP GBP GBP Balance at 1 August 2008 593,850 18,699,659 (1,425,462) 744,554 120,000 18,732,601 ------- ----------- ----------- ----------- -------- ----------- Changes in equity for the year Comprehen- sive loss Loss for the year - - (1,073,929) - - (1,073,929) Other comprehen- sive income Foreign exchange gains - - - 2,444,100 - 2,444,100 ------- ----------- ----------- ----------- -------- ----------- Total comprehen- sive income for the year - - (1,073,929) 2,444,100 - 1,370,171 ------- ----------- ----------- ----------- -------- ----------- Share-based payments - - 138,836 - - 138,836 ------- ----------- ----------- ----------- -------- ----------- Balance at 31 July 2009 593,850 18,699,659 (2,360,555) 3,188,654 120,000 20,241,608 ------- ----------- ----------- ----------- -------- ----------- Changes in equity for the nine months Comprehen- sive loss Loss for the period - - (1,014,892) - - (1,014,892) Other comprehen- sive income Foreign exchange gains - - - 3,888,683 - 3,888,683 ------- ----------- ----------- ----------- -------- ----------- Total comprehen- sive income for the period - - (1,014,892) 3,888,683 - 2,873,791 ------- ----------- ----------- ----------- -------- ----------- Share issues 361,000 7,891,000 - - - 8,252,000 Cost of share issues - (531,035) - - - (531,035) Share-based payments - - 96,176 - - 96,176 ------- ----------- ----------- ----------- -------- ----------- Balance at 30 April 2010 954,850 26,059,624 (3,279,271) 7,077,337 120,000 30,932,540 ------- ----------- ----------- ----------- -------- ----------- The accompanying notes are an integral part of these consolidated financial statements. RAMBLER METALS AND MINING PLC CONSOLIDATED STATEMENT OF FINANCIAL POSITION 30/04/10 31/07/09 Note Unaudited Audited GBP GBP ASSETS Property, plant and equipment 2 2,086,244 2,254,506 Deferred exploration costs 3 23,114,526 17,611,282 Long term receivable 4 2,282,018 - ------------- ------------- Total non-current assets 27,482,788 19,865,788 ------------- ------------- Other receivables 180,622 76,646 Cash and cash equivalents 7,792,650 1,168,727 ------------- ------------- Total current assets 7,973,272 1,245,373 ------------- ------------- Total assets 35,456,060 21,111,161 ------------- ------------- ------------- ------------- EQUITY Issued share capital 954,850 593,850 Share premium account 26,059,624 18,699,659 Merger reserve 120,000 120,000 Translation reserve 7,077,337 3,188,654 Accumulated losses (3,279,271) (2,360,555) ------------- ------------- Total equity 30,932,540 20,241,608 ------------- ------------- LIABILITIES Interest bearing loans and borrowings 5 3,665,384 459,920 ------------- ------------- Total non-current liabilities 3,665,384 459,920 ------------- ------------- Interest bearing loans and borrowings 5 248,834 147,037 Trade and other payables 609,302 262,596 ------------- ------------- Total current liabilities 858,136 409,633 ------------- ------------- Total liabilities 4,523,520 869,553 ------------- ------------- Total equity and liabilities 35,456,060 21,111,161 ------------- ------------- ------------- ------------- The accompanying notes are an integral part of these consolidated financial statements. RAMBLER METALS AND MINING PLC CONSOLIDATED STATEMENT OF CASH FLOWS (Unaudited) Three months ended Nine months ended 30/04/10 30/04/09 30/04/10 30/04/09 GBP GBP GBP GBP Cash flows from operating activities Operating loss (379,989) (267,154) (1,007,711) (835,104) Depreciation 24,798 21,408 68,371 36,842 Share-based payments 47,685 39,687 92,006 103,227 Decrease/(increase) in receivables (68,104) 86,727 (103,976) 122,897 (Decrease)/increase in payables 165,732 16,792 184,892 (132,816) -------- -------- --------- --------- Cash utilised in operations (209,878) (102,540) (766,418) (704,954) Interest paid (10,764) (8,574) (30,268) (26,316) Tax received - - 17,448 - -------- -------- --------- --------- Net cash used for operating activities (220,642) (111,114) (779,238) (731,270) -------- -------- --------- --------- Cash flows from investing activities Interest received 2,270 2,580 4,714 44,853 (MORE TO FOLLOW) Dow Jones Newswires June 21, 2010 09:30 ET (13:30 GMT)