30 Jan 2009 08:17
Rule 5.3 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 RANGE RESOURCES LIMITED ABN Quarter ended ("current quarter") 88 002 522 009 31 December 2008
Consolidated statement of cash flows
Cash flows related to operating Current quarter Year to dateactivities $A'000 (6 months) $A'000 1.1 Receipts from product sales and related debtors 1.2 Payments for (1,215) (1,751) (a) exploration and evaluation - - (b) development - - (c) production (669) (1,455) (d) administration 1.3 Dividends received - - 1.4 Interest and other items of a 14 53 similar nature received 1.5 Interest and other costs of - - finance paid 1.6 Income taxes paid - - 1.7 Other - - Net Operating Cash Flows (1,870) (3,153) Cash flows related to investing activities 1.8 Payment for purchases of: - - (a)prospects - - (b)equity investments (78) (227) (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 - - Net investing cash flows (78) (227) 1.13 Total operating and investing cash (1,948) (3,380) flows (carried forward) 1.13 Total operating and investing cash (1,948) (3,380) flows (brought forward) 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 - - 1.17 Repayment of borrowings - - 1.18 Dividends paid - - 1.19 Costs associated with issue of (4) (4) shares (refer to note) Net financing cash flows (4) (4) Net increase (decrease) in cash (1,952) (3,384) held 1.20 Cash at beginning of quarter/year 2,710 4,138 to date 1.21 Exchange rate adjustments to item (5) (1) 1.20 1.22 Cash at end of quarter 753 753
Payments to directors of the entity and associates of the directors
Payments to related entities of the entity and associates of the relatedentities Current quarter $A'000 1.23 Aggregate amount of payments to the parties 182 included in item 1.2 and 1.7 1.24 Aggregate amount of loans to the parties included Nil in item 1.10 1.25 Explanation necessary for an understanding of the transactions Payments of Directors Fees and Financial/Company Secretarial/Office Support Services $182k
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 N/A 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 N/A
Financing facilities available
Add notes as necessary for an understanding of the position.
Amount available Amount used $A'000 $A'000 3.1 Loan facilities - - 3.2 Credit standby arrangements - -
Estimated cash outflows for next quarter
$A'000 4.1 Exploration and evaluation 500 4.2 Development - Total 500Reconciliation of cash
Reconciliation of cash at the end Current quarter Previous quarter of the quarter (as shown in the
consolidated statement of cash $A'000 $A'000flows) to the related items in the accounts is as follows. 5.1 Cash on hand and at bank 753 2,710 5.2 Deposits at call - - 5.3 Bank overdraft - - 5.4 Other - Term Deposit - - Total: cash at end of quarter 753 2,710 (item 1.22)
Changes in interests in mining tenements
Tenement Nature of interest Interest Interest at reference at end of (note (2)) beginning quarter of quarter 6.1 Interests in mining E70/2500 Indirect 60% Nil tenements relinquished, reduced or lapsed 6.2 Interests in mining Nil tenements acquired or increased
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.
Total number Number Issue price Amount paid up quoted per security per security (see note 3) (see note 3) (cents) (cents) 7.1 Preference + Nil securities (description) 7.2 Changes during quarter (a) Increases through issues (b) Decreases through returns of capital, buy-backs, redemptions 7.3 +Ordinary 209,404,944 209,404,944 securities 7.4 Changes 15,100,000 15,100,000 during quarter Nil Nil (a) Increases through issues (b) Decreases through returns of capital, buy-backs 7.5 +Convertible Nil debt securities (description) 7.6 Changes during quarter (a) Increases through issues (b) Decreases through securities matured, converted 7.7 Options Exercise Expiry Date Price 64,901,186 64,901,186 $1.00 1 October 2010 3,177,029 $0.50 30 June 2012 7.8 Issued during 4,500,000 4,500,000 $1.00 1 October 2010 quarter 225,000 $0.50 30 June 2012 7.9 Exercised - - during quarter 7.10 Expired 63,723,901 - $1.00 1 October 2008 during quarter 7.11 Debentures Nil (totals only) 7.12 Unsecured Nil notes(totals only) 7.13 Partly Paid Nil Shares Compliance statement
1 This statement has been prepared under accounting policies which comply with accounting standards as defined in the Corporations Act or other standards acceptable to ASX (see note 4).
2 This statement does give a true and fair view of the matters disclosed.
____________________Peter LandauExecutive Director30 January 2009Notes
1 The quarterly report provides a basis for informing the market how the entity's activities have been financed for the past quarter and the effect on its cash position. An entity wanting to disclose additional information is encouraged to do so, in a note or notes attached to this report.
2 The "Nature of interest" (items 6.1 and 6.2) includes options in respect of interests in mining tenements acquired, exercised or lapsed during the reporting period. If the entity is involved in a joint venture agreement and there are conditions precedent which will change its percentage interest in a mining tenement, it should disclose the change of percentage interest and conditions precedent in the list required for items 6.1 and 6.2.
3 Issued and quoted securities The issue price and amount paid up is not required in items 7.1 and 7.3 for fully paid securities.
4 The definitions in, and provisions of, AASB 1022: Accounting for Extractive Industries and AASB 1026: Statement of Cash Flows apply to this report.
5 Accounting Standards ASX will accept, for example, the use of International Accounting Standards for foreign entities. If the standards used do not address a topic, the Australian standard on that topic (if any) must be complied with.
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Appendix 5B
Mining exploration entity quarterly report
Appendix 5B Mining exploration entity quarterly report
+ See chapter 19 for defined terms.
Appendix 5B Page 2 30/9/2001
+ See chapter 19 for defined terms.
Appendix 5B Page 1
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