1 May 2009 15:53
RANGE RESOURCES LIMITED - Cashflow Report for the Quarter Ended 31 March 2009 ABN Quarter ended ("current quarter") 88 002 522 009 31 March 2009
Consolidated statement of cash flows
Cash flows related to operating Current quarter Year to dateactivities $A'000 (9 months) $A'000 1.1 Receipts from product sales and related debtors 1.2 Payments for (1,046) (2,605) (a) exploration and evaluation - - (b) development - - (c) production (164) (2,361) (d) administration 1.3 Dividends received - - 1.4 Interest and other items of a 2 55 similar nature received 1.5 Interest and other costs of - - finance paid 1.6 Income taxes paid - - 1.7 Other - - Net Operating Cash Flows (1,208)
(4,911)
Cash flows related to investing activities 1.8 Payment for purchases of: - - (a)prospects - - (b)equity investments - (168) (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 -
(168)
1.13 Total operating and investing cash (1,208)
(5,079)
flows (carried forward) 1.13 Total operating and investing cash (1,208) (5,079) flows (brought forward) Cash flows related to financing activities 1.14 Proceeds from issues of shares, 1,701 1,701 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 (47) (51) shares (refer to note) Net financing cash flows 1,654
1,650
Net increase (decrease) in cash 446
(3,429) held 1.20 Cash at beginning of quarter/year 257 4,138 to date 1.21 Exchange rate adjustments to item 4 (2) 1.20 1.22 Cash at end of quarter 707 707
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 39 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 $39,318 payment of Directors Fees
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 50 4.2 Development - Total 50Reconciliation of cash
Reconciliation of cash at the end of Current quarter Previous quarter the quarter (as shown in the
consolidated statement of cash flows) $A'000 $A'000to the related items in the accounts is as follows. 5.1 Cash on hand and at bank 407 253 5.2 Deposits at call - - 5.3 Bank overdraft - - 5.4 Other - Term Deposit - - Total: cash at end of quarter 407 253 (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 E70/2481 Direct 100% Nil tenements relinquished, E70/2556 Direct 100% Nil reduced or lapsed E74/337 Direct 100% Nil E74/338 Direct 100% Nil E77/1184 Direct 100% Nil E77/1186 Direct 100% Nil E77/1187 Direct 100% Nil E77/1206 Direct 100% Nil E77/1207 Direct 100% Nil E77/1217 Direct 100% Nil E77/1225 Direct 100% Nil E77/1227 Direct 100% Nil E77/1228 Direct 100% Nil E77/1229 Direct 100% Nil E77/1230 Direct 100% Nil E77/1232 Direct 100% Nil E77/1257 Direct 100% Nil E77/1258 Direct 100% Nil E77/1264 Direct 100% Nil P77/3435 Direct 100% Nil P77/3436 Direct 100% Nil P77/3437 Direct 100% Nil P77/3446 Direct 100% Nil P77/3449 Direct 100% Nil P77/3450 Direct 100% Nil P77/3451 Direct 100% Nil P77/3452 Direct 100% Nil P77/3453 Direct 100% Nil P77/3455 Direct 100% Nil P77/3456 Direct 100% Nil P77/3457 Direct 100% Nil P77/3483 Direct 100% Nil P77/3484 Direct 100% Nil P77/3485 Direct 100% Nil P77/3486 Direct 100% Nil P77/3487 Direct 100% Nil P77/3488 Direct 100% Nil P77/3489 Direct 100% Nil P77/3490 Direct 100% Nil P77/3491 Direct 100% Nil P77/3492 Direct 100% Nil P77/3494 Direct 100% Nil P77/3495 Direct 100% Nil P77/3499 Direct 100% Nil P77/3500 Direct 100% Nil P77/3501 Direct 100% Nil P77/3502 Direct 100% Nil P77/3503 Direct 100% Nil P77/3504 Direct 100% Nil P77/3505 Direct 100% Nil P77/3506 Direct 100% Nil P77/3507 Direct 100% Nil P77/3511 Direct 100% Nil P77/3512 Direct 100% Nil P77/3513 Direct 100% Nil P77/3514 Direct 100% Nil P77/3515 Direct 100% Nil P77/3516 Direct 100% Nil P77/3517 Direct 100% Nil P77/3518 Direct 100% Nil P77/3519 Direct 100% Nil P77/3520 Direct 100% Nil P77/3521 Direct 100% Nil P77/3598 Direct 100% Nil P77/3605 Direct 100% Nil P77/3606 Direct 100% Nil 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 225,573,199 225,573,199 securities 7.4 Changes 16,168,255 16,168,255 during quarter (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 88,398,647 64,901,186 Exercise Expiry Date Price 64,901,186 38,339,057 31 May 2009 $0.015 38,339,057 1 October 2010 $1.00 3,177,029 31 December 2011 $0.05 30 June 2012 $0.50 7.8 Issued during 104,652,472 38,353,487 $0.015 31 May 2009 quarter 38,353,487 $0.05 31 December 2011 7.9 Exercised (16,253,825) (14,430) $0.015 31 May 2009 during quarter (14,430) $0.05 31 December 2011 7.10 Expired Nil 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 April 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 ofinterests in mining tenements acquired, exercised or lapsed during thereporting period. If the entity is involved in a joint venture agreement andthere are conditions precedent which will change its percentage interest in amining tenement, it should disclose the change of percentage interest andconditions 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 InternationalAccounting Standards for foreign entities. If the standards used do not addressa topic, the Australian standard on that topic (if any) must be complied with.
Appendix 5B
Mining exploration entity quarterly report
Appendix 5B Mining exploration entity quarterly report
+ See chapter 19 for defined terms.
Appendix 5B Page 4 30/9/2001
+ See chapter 19 for defined terms.
Appendix 5B Page 5
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