Ashburton - Strong buy!! - 500 Beiträge pro Seite

[Frickhasserin]

Der Aktionär empfiehlt in seiner heutigen Ausgabe erneut Ashburton Minerals WKN 890189 zum Kauf mit Kursziel 0,20 Euro. (220% Potenzial) Ashburton hat die Inglesia Goldmine in Brasilien für 150.000 Australische Dollar!!!! gekauft. Die Mine zählt zu den ältesten Goldgruben in der Regon Crixas und soll noch über bedeutende Goldvorkommen verfügen.

[BarnyXXL]

[posting]16.754.713 von Frickhasserin am 31.05.05 12:17:00[/posting]Das mit dem Minenkauf ist doch ein alter Hut!

Ausserdem hatte der Aktionär die schon mal KZ 1,00 €
und einmal ebenfalls mit KZ 0,20 € angepriesen!

[juxifuxi]

Die Mine war wohl so besonders billig, weil die noch vorhandenen Goldvorräte bedeutend sind !!!!

Die Minenverkäufer wollten wohl Herrn Fötsch einen gefallen tun ??

[BarnyXXL]

Schwupp...

und schon werden 0,5 ct mehr gezahlt !

[Dersisco]

Der deutsche Nationalspieler des FC Schalke 04 fiel nach der Rückkehr aus Berlin am Hauptbahnhof Gelsenkirchen völlig aus der Rolle. Total alkoholisiert schnappte sich Gerald Asamoah ein Mikrofon und stimmte ein Anti-Bayern-Lied an.

Frei nach der allseits bekannten Melodie "Zieht den Bayern die Lerderhosen aus!" gröhlte der frustrierte Asamoah: "Schiebt den Bayern die Schale in den Arsch!" Einige Schalke Fans sangen begeistert mit, anderen war es aber peinlich.

Asamoah später zur "Bild": "Solche Lieder gibt es nun mal. Und es ist doch keine Schande, sie zu singen."

[Dersisco]

also frei nach G.A: Schiebt dem Bernd die Ashburton in den A...

[BarnyXXL]

[posting]16.755.537 von Dersisco am 31.05.05 13:38:19[/posting]Da bin ja mal auf daas nächste Trainingslager der Nationalmannschaft gespannt!

[Mystifikator]

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[Mystifikator]

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[Huschel75]

890189

Manchmal ein ordentlicher Zock, aber nach der letzten Empfehlung des Aktionärs von 0,22 auf 0,06 gefallen.
Damals KZ 1,00 Euro!!!

Nein Danke!
Lioeber Walter Bau oder Fantastic.
Meine Empfehlung: Tiger Res. A0CAJF

[Frickhasserin]

man oh man, der BidKurs zieht ganz schön nach oben

[gontard]

"8 menschenaffe aus thailand

[BarnyXXL]

[posting]16.759.970 von gontard am 31.05.05 19:28:05[/posting]

[gontard]

hab doch recht oder

[Agent76]

lieber tiger, sage ich auch!!

[gontard]

gontard hat 10000stück,mal sehen was passiert

[gontard]

909698 vor 4 wochen noch für 21euro zu haben und ich kaufe 890189 oder halte

[gontard]

morgen 4uhr wissen wir mehr gute nacht ihr.....

[glorianer]

0,076 + 8,57% HASSA

[Frickhasserin]

hurra. Eine Party jagt die nächste.
Alle meine Aktien explodieren.

[Frickhasserin]

ich rechne bei Ashburton nun mit einem schnellen Anstieg Richtung 14 Cent

[glorianer]

AUSTRA:B-A 0,105-0,11 J.hoch 0,36 = 300%

[glorianer]

+ 11,43%

[rien_ne_va_plus]

0,2€ ist doch das Kursziel! Oder?

Also ran da!

[JAY25]

sehe grosse Chancen dass wir die 20 cent schnell sehen werden!!!

[JAY25]

Hier wird schoen gesammelt!!!

[JAY25]

RT: 7,9 Cent!!!

Gleich haben wir ein neues Hoch!!!

[JAY25]

Ashburtonnnnnnnnnnnnnnnnnnnnnnnnnn!!!!

[JAY25]

Ashburton geht wieder ab!!!



Hi Stefan S. unsere Goldaktie geht wieder ab!!!

[JAY25]

Jetzt muessten wir gleich die 8 Cent knacken!!

[JAY25]

8 cent!!!

[KingKong2]

Was muß ich da lesen?

Der Aktionär empfiehl Ashburton (02.06.05)

Ashburton Minerals spekulativ kaufen

Die Experten vom Anlegermagazin "Der Aktionär" empfehlen die Aktie von Ashburton Minerals (ISIN AU000000ATN6/ WKN 890189) spekulativ zu kaufen. Der Edelmetall-Konzern habe die Inglesia-Goldmine in Brasilien für 150.000 Australische Dollar gekauft. Die Inglesia-Mine gehöre zu den ältesten Goldgruben in der Region Crixas. Sie solle noch über beachtliche Goldvorkommen verfügen. In den vergangenen Wochen seien die Anteilsscheine des Unternehmens erheblich zurückgekommen. Derzeit notiere das Papier bei 0,06 Euro, das entspreche einer Marktkapitalisierung von 5,17 Millionen Euro. Der Stopp-Kurs sollte bei 0,05 Euro gesetzt werden. Die Experten von "Der Aktionär" raten die Aktie von Ashburton Minerals mit einem Kursziel von 0,20 Euro spekulativ zu kaufen.
Quelle: AKTIENCHECK.DE


So long KingKong

[Frickhasserin]

Goldpreis explodiert

Ashburton explodiert

[Khampan]

soviel zum Thema "Kleine aber feine Goldaktie":


(Chart aus Australien)

vom Aktionär seit Jahren immer wieder empfohlen (wer prüft`s mal nach? Etwa seit Januar 04?? )

Immer schön im Abwärtstrend kaufen, es könnte ja der Boden sein. Wenn er`s noch nicht war, auf andere schimpfen.

Khampan

[gontard]

heute live

[der.Hexer.]

[posting]16.827.598 von KingKong2 am 07.06.05 16:37:14[/posting]Empfehlungen von diesem Magazin habe ich manchmal als Anlass genommen, Pos. zu liquidieren.

Wie sieht die Sache bei Ashburton aus ?

Werfen wir doch mal einen Blick auf den Chart:



Ashburton läuft in ein Konsoliderungs3Eck hinein, dessen Auflösung theoretisch bei 0,016 € liegen sollte ( => ihr habt schon richtig gelesen, i. W.: Null Komma Null Sechzehn Euro ! ) !???

Die letzte Hoffnung, welche die Bullen haben dürfen ist, dass der Doppelboden als Triple Boden bei der 0,06 € Marke umfunktioniert wird und damit weiteren Kursverlusten vorbeugt.

Wenn bei 0,06 € kein Boden errichtet werden kann, dann nützt der Stopploss von 0,05 €,
den die Zeitschrift hier empfiehlt, herzlich wenig.

Gruss, der Hexer

[der.Hexer.]

[posting]16.961.665 von der.Hexer. am 22.06.05 18:21:19[/posting]Das vorstehend genannte Posting soll keine Kauf- oder Verkaufsempfehlung sein.

Es spiegelt lediglich die Meinung des Verfassers wider !

Gruss, der Hexer

[gontard]

oder0,9aud

[der.Hexer.]

[posting]16.962.853 von gontard am 22.06.05 20:50:01[/posting]Mit welcher Begründung soll diese Share ein KZ von ca. 0,09 € realisieren ?

Dieser Chart reflektiert ganz klar einen Abwärtstrend.

Früher zu NM - zeiten pflegte man zu solchen Charts zu sagen, dass sie insolvenzverdächtig aussähen.

Ich hoffe nicht , dass sich hinter dieser Fa. ein pot. Insolvenzfall verbirgt.

Gruss, der Hexer

[der.Hexer.]

[posting]16.966.734 von der.Hexer. am 23.06.05 02:46:41[/posting]sorry, statt 0,09 € muss es heissen: 0,90 € !

[der.Hexer.]

[posting]16.866.630 von Khampan am 11.06.05 18:02:28[/posting]Spätestens bei 0,00 ist der Boden definitiv da (alte Börsenweisheit)!

Gruss, der Hexer

[gontard]

na gut:O

[Frickhasserin]

man dieselben Sprüche wie bei Tournigan als der Kurs noch bei 13 Cent stand.

Ich seh es schon . Eines Tages kommt eine Meldung zu Ashburton, plötzlich 10 Mio Stück Umsatz und bei 0,15 Euro ist die Aktie dann plötzlich SUPER TOLL....

immer dasselbe. Wenns billig ist wills keiner haben.
100-200% teurer will jeder rein

[der.Hexer.]

[posting]16.992.666 von Frickhasserin am 24.06.05 23:29:45[/posting]Es ist doch auffällig, das diese Aktie ab und zu durch irgendwelche Pushaktionen von div. Börsenblättern zum kurzen Sprung verholfen wurde, ohne erkennbare ausreichende fundamentale Hintergrundinformationen !

Der Chart spricht zudem eine klare Sprache !

Was bitte soll, denn diese Aktie bewegen ?
Schön, die sollen eine alte Goldmine gekauft haben, wieviel ist denn da noch an Golderz zu holen ?

Ihr solltet hier mal versuchen, fundamental herauszuarbeiten, welche Risiken + Chancen tatsächlich in dieser Aktie lauern.

Leider ist der Informationsgehalt in diesem Thread mangelhaft, was die Fundamentals angeht.

Ich habe den Eindruck, dass hier lediglich mit hoffnungsfrohen Pushversuchen gearbetet wird, welche dem übergeordneten charttechn. Abwärtstrend letztendlich doch nichts entgegensetzen können.

Vielleicht könnt ihr eure bullishe Haltung mit sachdienlichen Informationen untermauern.

Gruss, der Hexer

[Boersenkrieger]

@Frickhasserin

dein nick ist irgendwie seltsam... man könnte meinen du bist frick
springst immer in die pennies vom aktionär rein
aber vergess das verkaufen nicht denn langfristig sind die dinger alle im sarg

[der.Hexer.]

Zum Threadtitel sei noch gesagt, dass ich mit diesem überhaupt nicht konform gehe !


Warum ?

Weil ein Blick auf den Chart das Gegenteil vermuten lässt - Ashburton stellt unter charttechn. Gesichtspunkten eher eine Strong-Sell-Position dar.
Naja ein Hoffnung kann man evtl. noch auf die 0,06 € Marke setzen.

Am Montag dürfte mit grosser Wahrscheinlichkeit die lehrbuchmässige "Three-Black-Crows Formation" vollendet werden ! (eigentlich müsste man bei den WO-Charts, das Wort "Black" durch "Red" ersetzen (die Charttechniker unter uns wissen, was gemeint ist.

Gruss, der Hexer

[der.Hexer.]

#46 war auf Frickhasserin bezogen.

[Frickhasserin]

[posting]16.992.919 von Boersenkrieger am 25.06.05 03:16:14[/posting]das ist falsch, denn gerade langfristig macht man mit solchen Aktien mehrere hundert Prozent Gewinne, wenn man solche Schnäppchenkurse zum Nachkaufen nutzt.

ich habe meinen Durchschnittskurs bei Ashburton nun auf
9 Cent gesenkt. Bis auf 2-3 Ausnahmen haben sich solche Nachkäufe bisher immer mit 200-1000% Gewinn bezahlt gemacht.

[Frickhasserin]

[posting]16.992.920 von der.Hexer. am 25.06.05 03:16:52[/posting]das ein Chart das UNWICHTIGSTE überhaupt ist zeigt sich bei fast allen Aktien. Dann hätte ich also auch keine Tournigan, Ballarat, Crown, etc an den Tiefs nachkaufen sollen? Alles Unsinn. Ballarat und Crown ( um nur 2 Beispiele zu nennen) habe ich so mit 250-300% Gewinn verkauft.

auch mit Tournigan bin ich dank nachkäufe nun 82% im Plus

und bei Ashburton ist das nur eine Frage der Zeit.

Gewinner kaufen wenn keiner kauft und verkaufen wenn alle kaufen.

[der.Hexer.]

[posting]16.993.063 von Frickhasserin am 25.06.05 09:30:29[/posting]Wenn der Kursverfall so weiter geht, wird aus deinen druchschnittlichen EK`s ein durchschnittler Verlust von ca. 30 % oder mehr erwachsen !

Gruss, der Hexer

[Frickhasserin]

[posting]17.009.494 von der.Hexer. am 27.06.05 14:40:59[/posting]welcher Kursverfall? Ich verkaufe im Schnitt mit 100-200% Gewinn. Und realisierte Gewinne bleiben Gewinne und werde zum Teil eben reinvestiert in zurückgebliebene Aktien wie Ashburton. Dank Nachkauf bin ich aktuell ja nur 25% im Minus, das ist kaum der rede wert.

[der.Hexer.]

[posting]17.009.540 von Frickhasserin am 27.06.05 14:47:01[/posting]Den Stützungskauf auf XETRA habe ich wohl übersehen...

Gruss, der Hexer

[der.Hexer.]

[posting]16.992.920 von der.Hexer. am 25.06.05 03:16:52[/posting]In Ergänzung habe ich mal den Australischen Chart raufgekramt:


Der Wert tänzelt sehr gefährlich nahe der 0,09 AUD-Linie.

Ein Unterschreiten der 0,09 AUD-Linie (in Europa die 0,06 € Marke !) könnte unter charttechn. Asekten ein Verlustpot. von ca. über 60 % frei setzen - daraus ergäbe sich ein charttechn. KZ von ca. 0,03 AUD !

Gruss, der Hexer

[Karl99]

Es ist schon beeindruckend mit welcher Energie unser Hexer versucht noch ein paar billige Stücke abzubekommen. Nach meinem Geschmack fehlen hier noch Charts zum KGV etc. etc., die Befragung von Kartenlesern und Handauflegern.

Die aktuelle Sachlage ist jedoch diese, daß diejenigen die Stücke in der Hand halten, sie weder in Australien noch hier in Deutschland aus der Hand geben.

Hierbei meine ich nicht diejenigen, die die Anzahl gehaltener Aktien mit dem Wert in € verwechseln und glauben mit € 100 nachhaltige Kursbewegungen auslösen zu können.

Mit welchem Tool hätte der Hexer dies wohl analysieren sollten? .............................Richtig geraten!!! Mit dem Menschenverstand!!!

Dem Hexer kann ich nur - auch wegen der verständnisvolleren Zuhörerschaft - die Empfehlung aussprechen seine zweifellos virituosen Fähigkeiten an DAX-Unternehmen anzuwenden.

[Karl99]

Noch eine kleine Ergänzung für den Hexer:

Wenn Du schon mir Comdirekt arbeitest solltest Du Dich vor dem Kopieren von Charts erst einmal davon überzeugen, ob der Chart auch richtig, oder manipuliert ist. Unter #34 ist der richtige Chart abgebildet. Ashburton war in seiner gesamten Historie noch nie auf 0.01 gefallen. Somit fallen alle Deine Berechnungen wie ein Kartenhaus in sich zusammen.

Schwache Leistung!!!!!!!!!!!!

[gontard]

seit wann ist hier die wahrheit verboten:O

[der.Hexer.]

[posting]17.062.058 von Karl99 am 29.06.05 15:07:20[/posting]Danke für den Fehlerhinweis bezüglich der Comdirect - Charts.

Ich habe mir jetzt mal einen Chart von Bigcharts.com gezogen, der wie folgt aussieht:


Nichts desto trotz ändert wenig an der Aussage bezüglich der 0,09 AUD-Marke. Wird diese Marke unterschritten, drohen massive Kursverluste. Der übergeordnete Abwärtstrend ist weiterhin voll intakt !

Den Ashburton-Aktionären bleibt wirklich nur die (letzte) Hoffnung, dass bei ca. 0,09 AUD / 0,06 € eine nachhaltige Unterstützungszone eingerichtet wird, ansonsten wird das zappenduster aussehen, d. h. bei Unterschreiten dieser Marken wird ein kräftiges Shortsignal generiert !

Der Einfachheit halber werde ich mich am Euro-Chart in Posting #36 orientieren.

Gruss, der Hexer

[haudrauf1]

ja karli, da kannst du noch so pushen - sieht schlecht aus

[MANDARINXY]

hmm..... der Abwärsttrend scheint vorerstmal in AUS gestoppt zu sein ...

[MANDARINXY]

das wird Frickhasserin ein wenig freuen

[gontard]

wir wollen 1000 %

[Frickhasserin]

[posting]17.095.643 von MANDARINXY am 01.07.05 07:52:07[/posting]freuen? naja. ich habe aktuell wieder ne Menge Cash und hätte schon gerne noch ein paar Ashburton bei 6 Eurocent nachgekauft, denn was lange rumdümpelt wird irgendwann explodieren was man an Tournigan, Crown, Medec, Tiger etc. gesehen hat.

ich bin da EISENHART. Schwache Kurse kratzen mich nicht im geringsten. Wenn ich überzeugt bin kaufe ich nach.

egal wie lange es noch dauert. Der Tag wird kommen, dann wird Ashburton unter Millionen Umsätzen explodieren und ab 9 cent bin ich dann im Plus. Wie immer halt!!!

Lemminge kaufen dann bei 16 Cent.

[MANDARINXY]

Hmm ... wird vielleicht im Plus schliessen...

[MANDARINXY]

0.11 Australischer Dollar = 0.06929 Euro
Kurs hier in D gerade = 0.065

[Frickhasserin]

[posting]17.141.841 von MANDARINXY am 05.07.05 19:07:45[/posting]nur nicht ärgern. ich ärger mich auch nicht.

Ashburton ist wie eine Tournigan oder Medec.
Dümpelt monatelang rum und explodiert plötzlich um 100-200%

Alles eine Frage der Zeit. und ich habe Zeit.

[MANDARINXY]

[posting]17.142.104 von Frickhasserin am 05.07.05 19:23:40[/posting]
Na hoffentlich ... Ich zähle darauf...

[der.Hexer.]

[posting]17.142.104 von Frickhasserin am 05.07.05 19:23:40[/posting]Welches Ereignis soll als Anlass für eine Kursexplosion in der von dir genannten Grössenordnung herhalten ?

Gruss, der Hexer

[der.Hexer.]

Moin,

weiss jemand, ob in Australien gestern im Intraday Umsätze in dem Titel ASshburton getätigt wurden, wenn ja zu welchem Kurs ?

Comdirect gibt 0 Umsatz in diesem Titel an.

Gruss, der Hexer

[kaschi44]

Hallo Hexerli,

ja es stimmt. Guckst du da: http://www.asx.com.au/asx/research/CompanyInfoSearchResults.…

Macht aber nichts. Ich denke auch nachdem die anderen wie z.B. Tournigan, Tennant etc mal dran waren, dass es hier auch bald losgeht. Warum? Nur so zum Zock. Gesetz der Regel.

mfg, kaschi44

[der.Hexer.]

Moin Kaschi44,

ich habe mir eben mal eine spek. Pos. reingelegt.



Mal schauen ob der hammer im Chart bestätigt wird.

Hätte mir ein wenig Umsatz in Australien gewünscht um die Richtung besser zu verfizieren.

Gruss, der Hexer

[kaschi44]

Hallo der.Hexer.

das war bestimmt kein Fehler. Ich habe in letzter Zeit auch immer mal wieder kleine Portionen zugelegt. Aber, da war ich nicht der einzige, wie ich beobachten konnte.

Ich beobachte auch schon einige Zeit, immer wenn Frickhasserin oder auch brokersvenja im thread dabei sind, ihn eröffnen oder kommentieren, geht es oft recht gut ab. Z. B. tournigan, tennant, tiger, moto, energulf etc. Irgendwie haben die "Mädels" anscheinend einen guten "Riecher".

Deshalb bin ich mir hier auch recht sicher. Spätestens, wenn eine von beiden hier öfter auftauchen sollte!

Lets wait and see, time will come.

mfg, kaschi44

[der.Hexer.]

Hallo kaschi44,

mit der letzten Order (5600 Stck. zu 0,066 €) in Ffm. hat man den hammer im Chart ein wenig verhunzt (was 0,2 Eurocent im Chart schon ausrichten können. ).
Münchener + berliner Chart sehen besser aus, aber volumenschwach.

Kann man sich nur auf die Australier verlassen, dass die das Ding über 0,10 AUD halten.

Ich hoffe nur , dass die 3 letzten Tageskerzen, den Boden bereitet haben.

Nach oben könnte der Bereich von 0,083 € ein Widerstand geben. Dann Support bei 0,08 € mit erneutem Angriff richtung 0,11 € vorzustossen.

So sieht mein Szenario derzeit aus.

Mache meine Entscheidungen überwiegend vom Chart abhängig.

Gruss, der Hexer

[kaschi44]

Hallo der.hexer.

Bei diesen Werten schau ich auch hauptsächlich auf den Chart (neben den "berühmeten Damen"). Bei anderen sind mir News, Company Informationen, ad hocs etc. wichtiger.

Deshalb bin ich vor kurzem auch bei tennant und tiger rein und auch schon wieder raus (schau auf die charts!).

Deshalb! ashburon dürfte bald dran sein!

Egal ob mit oder ohne Aussis.

Good luck, kaschi44

[kaschi44]

Na bitte, wer sagt es denn.

Bei 0,1 AUD scheint wirklich der Boden zu sein.

Bis jetzt wieder 10% plus bei 0,11 AUD. D. b. pari zu uns.
0,11 AUD = 0,0679 EUR

Dann kann es ja bald los gehen.

Auf "dunkelgrüne" Zeiten

Good luck uns allen, kaschi44

[der.Hexer.]

[posting]17.175.649 von kaschi44 am 08.07.05 07:38:51[/posting]Wichtig ist, dass die 0,083 € genommen werden.

Gruss, der Hexer

[kaschi44]

All

Na endlich, die "Funkstille" wurde heute auch gebrochen.

http://www.asx.com.au/asx/research/CompanyInfoSearchResults.…

Wir wurden heute alle herzlich eingeladen zu einem General meeting am 8 Aug. 2005 nach West Perth zu kommen. Ist zwar ein bißchen weit, aber da es wahrscheinlich bald weit über 0.083 EUR gehen wird, sind Flugkosten keine Frage.

Uns allen was Gutes! kaschi44

[kojote1]

@all
der Boden sind immer noch die 0,06Euros und ich bin auch davon überzeugt das wir wieder Richtung 0,08 kommen, und vielleicht ist ja dieses Meeting ein Startup zu einem Race und dann kann ja mal absahnen, wäre an der Zeit wenn man schon so lange auf diese Ashis guckt

[kaschi44]

All Moin, moin

Na bitte es geht weiter, schon wieder eine "Share price" relevante Meldung mit einem Update über das brasilianische Pocone Projekt.
http://www.asx.com.au/asx/research/CompanyInfoSearchResults.…

Ich denke, bis zum 08 August wird noch einiges an "preisteibenden" Infos kommen.

Good luck uns allen, kaschi44

[Frickhasserin]

wollte nur mitteilen ich Ashburton mit 25% Verlust verkauft habe. Habe meine Meinung kurzfristig geändert. Aktuell gibt es einfach bessere Aktien.

allen Investierten wünsche ich dennoch fette Gewinne.

[der.Hexer.]

Hab gestern auch verkauft.

Gruss, der Hexer

[siena77]

ich bleib am ball.

[der.Hexer.]

Mal schauen, ob die 0,06 € nochmals angetestet werden.

Gruss, der Hexer

[kaschi44]

ad 82)

Willst wohl noch billiger rein

Jedenfalls geht es in Down under nicht weiter down.
0,10 - 0,11 AUD scheinen sehr stabil zu sein.

Also, da ich erst später dazu kam, bin ich noch im Plus. Betr. Fricki kann ich nur sagen, für Zocker geht es hier nicht schnell genug, aber Potential scheint genügend da zu sein.

Never the less, good luck all of us, kaschi44.

[Frickhasserin]

[posting]17.221.200 von kaschi44 am 13.07.05 07:32:34[/posting]ich bin kein Zocker, habe bei Ashburton über ein Jahr gewartet, sogar Kurs verbilligt. Nun aber entschieden dieses Geld in aktuell bessere Werte zu investieren.

Deswegen kann Ashburton natürlich trotzdem explodieren.
Wünsche es euch.

[Robert023]

Ashburton minerals:
Neuausrichtung

Nicht planmäßig läuft es bei Ashburton. Nachdem nun klar ist, das man nur einen Teil der Goldressourcen mit den vorhandenen Maschinen abbauen kann, sucht ashburton einen Käufer für die Goldminen in Australien. Dagegen will man das Goldprojekt in Brasilien forcieren. Kurzfristig bietet das Papier wenig Fantasie und ist eine spekulative Halteposition. lg robert

[gontard]

"82 die amis sind wieder auf biotech wkn 889323 und 798618 kann was werden

[der.Hexer.]

[posting]17.221.200 von kaschi44 am 13.07.05 07:32:34[/posting]Wenn ich mir #85 anschaue, muss ich wohl sagen, dass die Entscheidung richtig war, Gewinne mit zu nehmen.

Das riecht nach erneutem Test der 0,06 € / 0,10 AUD-Marke.

Fällt die Marke, dann gibts kein Halten mehr, dannn werden alle durch einen Ausgang gehen wollen.

Bin ernsthaft am überlegen, ob ich mal eine Order im 0,01 - 0,02 € Bereich abgebe.

Warum einen Titel halten, wenn es lohnendere Alternativen gibt ?

Gruss, der Hexer

[kaschi44]

All

Immer wieder das gleiche Spiel.

15 July "Concern Announcement", Kurse in AUD/GER gehen runter mit rel. starken Verkäufen
18 July "Zerstreuung des Concerns durch Schreiben an das Gericht" Kurs in AUD geht hoch, GER kaum eine Reaktion
19 July Verkaufsankündigung zur Sicherung der brasilianischen Projekt.

wer mir nicht glaubt, bitte http://www.asx.com.au/asx/research/CompanyInfoSearchResults.… selbst nachlesen

Also wie gehabt. Kaufen, wenn die Kanonen donnern (15.07.), wer dabei war, kann sich sicher bald sehr freuen.

Ich denke, es werden noch mehr solcher "Share price" relevanten Ankündigen bis zum Meeting kommen.

Den noch Verbliebenen, good luck, kaschi44

[derwahrepeanuts]

Ashburton bleibt interessant,

wartet nur bis Bullvestor mal ne Empfehlung raushaut!

[gontard]

für einen tag

[kaschi44]

#all

auch wenn mit dem Kurs nicht viel passiert, die Exploration mit schwerem und geeignetem Gerät geht in Brasilien wenigstens weiter.

gucks du hier: http://www.asx.com.au/asx/research/CompanyInfoSearchResults.…

good luck, kaschi44

[kaschi44]

Na, wer sammelt denn die letzten Tage da so heimlich aber stetig.
Kann ich verstehen, den so schlecht war der cashflow report auch nicht und der activities report klingt recht vielversprechend.

Bald ist meeting und dann wissen wir besser Bescheid.


Auf "grüne" Zeiten

good luck, kaschi44

[neutralo]

hallo zusammen!

ich habe in frankfurt eine order zu 0,058 seit 11.13 uhr stehen, die nicht ausgeführt wird. meine stückzahl ist im brief vorhanden - trotzdem wird nicht ausgeführt.

kann mir jemand sagen, warum!??

danke!

gruss

[rien_ne_va_plus]

vielleicht kriegst du eine Besserung
--------
Es stehen Termine an bei Ashburton!

8.08. ist HV!

Danach am 12.08 sollen paar Mio in die Kasse gespüllt werden. Wenn alles klappt ist 0,1€ angesagt!!!

[kaschi44]

#all

Na bitte, mit dieser Info:

04/08/2005 Completes Acquisition of Mina Inglesa Gold Mine Brazil http://www.asx.com.au/asx/research/CompanyInfoSearchResults.…

steigt der Kurs um 11.11%, wenn auch bei sehr magerem Umsatz.

Bleibt spannend bis zum Meeting (HV)

god luck, kaschi44

[neutralo]

moin moin!

http://www.asx.com.au/asx/research/CompanyInfoSearchResults.…

kurs auf sinkflug!

[rien_ne_va_plus]

Wieso?

Ist doch neutral einzuschätzen, oder?

[kaschi44]

#all

Exzellente Bohrergebnisse geben einen 35,29%igen Auftrieb in Down Under.

Schaust du hier: http://www.asx.com.au/asx/research/CompanyInfoSearchResults.…

Mal schaun, was good old Germany so macht.

Wird ja auch mal wieder Zeit nach der "Durststrecke"´

good luck all of us, kaschi44

[GuenterNetzer]

Und ein Chart für jede Menge Phantasie...



GN

[spacejet]

Hallo Anteilseigener von Ashburton,

ich bin Neuling in Eurem Forum.
Seit ca. 2 Jahren besitze ich aber 750 000 Stk Aktien. Trotz des Kursverlaufes habe ich noch alle Stücke behalten. Man muß eben einen Goldexplorer auch etwas Zeit geben und auch evtl. Rückschläge in Kauf nehmen. Außerdem bin ich kein Daytrader. Das ist mir zu strässig.
Aber offensichtlich geben die neuen Bohrergebnisse der Aktie erst einmal einen Boden. Nun bleibt herauszufinden, was hinter den News wirklich steckt, ob alles wirklich auch in der Praxis durchführbar ist. Erst wenn auch die voraussichtl. Förderkosten und sonstige Nebenkosten bekannt sind, kann man den Wert dieser News ernsthaft beurteilen und auch eine mögl. zu erreichende Marktkapitalisierung einschätzen.
Auf alle Fälle ist jetzt die Zeit gekommen, über eine Aufstockung der Stückzahl bei entsprechenden Bestätigungen der News von unabhängiger Seite nachzudenken.
Ich denke, es ist für langfristige Anleger nebensächlich, ob man die Stücke bei 0,06 oder o,15 usw. einsammelt. Wenn man sich auf 500 000 bis 1 000 000 Stück konzentriert kommt man erst bei entsprechenden Umsätzen zum Zuge und dann ist der Kurs sowieso ein anderer.

[mounteverest]

So ist es. Das ist jetzt der Boden. Vor den nächsten NEWS sollte man seine Position auf diesem Kursniveau unbedingt einsammeln!

[Bullenjaeger]

Wertpapier AUB / Börsenplatz
Frankfurt

Letzter: 0.062 EUR
Höchster: 0.06 EUR
Tiefster: 0.06 EUR
Volumen: 453.000

Orderbuch
Bid Ask
0.068 22.000 35.000 0.070

[Bullenjaeger]

Wertpapier AUB / Börsenplatz Frankfurt

Letzter: 0.070 EUR
Höchster: 0.07 EUR
Tiefster: 0.07 EUR
Volumen: 52.000

Orderbuch
Bid Ask
0.060 155.000 33.000 0.070

Da will aber jemand noch günstiger rein, ob das noch klappt????

[Agent76]

wie haben die aussis zu gemacht??

[Agent76]

mit was ist heute in germany zu rechnen???

[Bullenjaeger]

Delayed share price
Prices are delayed by at least 20 minutes. Retrieving any price indicates your acceptance of the Conditions.

Code Last % Chg Bid Offer Open High Low Vol
ATN 0.100 0% 0.105 0.120 0.000 0.000 0.000 0

kein Handel in Australien, Umrechnugskurs: (1,6098 : 1)

BID bei 0,105 = 0,0652
ASK bei 0,120 = 0,0745

[kaschi44]

Nanu, was ist denn hier los.

Nachrichtenlos und dann noch vor dem WE in Down Under plus 20%, jetzt bei bei 0,120 AUD.

Alle im Urlaub???

Auf grüne Zeiten, kaschi44

[drknowledge]

Hat jemand ne erklärung für knapp 6 % minus heute ??

[Muente]

Keine Ahnung warum die gestern um 6% runter ist aber hat sie heute ja schon wieder übertroffen.
Ausserdem gibts News:

15 August 2005
The Manager
Company Announcements Office
Australian Stock Exchange Limited
Via electronic lodgement
ASHBURTON MINERALS LTD
(“Ashburton” or “The Company”)
SALE OF WIRRALIE MINES PTY LTD – TERMINATION OF AGREEMENT
On 18 July 2005 the Company announced that it had entered in to an agreement (“Agreement”)
under which it proposed to sell its wholly owned subsidiary Wirralie Mines Pty Ltd to a
consortium of private investors (“the Purchaser”). Settlement under this agreement was to have
occurred on 12 August 2005.
The Company wishes to advise that the Purchaser was unable to complete settlement by the above
date. The Company did not extend the Agreement and has accordingly notified the Purchaser that,
under clause 5.4 of the Agreement, it was terminating the Agreement which, as a result, has no
further effect.
At this stage, the Company retains its intent to sell Wirralie Mines and use the proceeds of the sale
to increase its focus on its Brazil projects. In light of the recent drill intercept at Yandan
announced by joint venture party Straits Resources, and the increasing gold price, the Company
may be in a position to negotiate more favourable sale terms.
The Company is therefore continuing negotiations with the Purchaser and will also enter into new
negotiations with other interested parties.
Pending the sale of Wirralie Mines, the Company may need to undertake a small interim
fundraising to meet the costs of the imminent drilling program at the Pocone Tailings JV project in
Brazil.
Yours faithfully,

Hier noch als pdf

http://www.ashburton-minerals.com.au/images/ashburton-70-1-t…

[Agent76]

kannst du die mal bitte auf die startseite stellen!!!
da ist immer nur von energulf zu lesen!!
wo ist mounteverest????

[Bullenjaeger]

Wertpapier AUB / Börsenplatz
Frankfurt
Letzter: 0.065 EUR
Höchster: 0.07 EUR
Tiefster: 0.07 EUR
Volumen: 213.500

Orderbuch
Bid Ask
0.064 20.000 44.000 0.067

[Bullenjaeger]

Wertpapier AUB / Börsenplatz
Frankfurt

Letzter: 0.063 EUR
Höchster: 0.06 EUR
Tiefster: 0.06 EUR
Volumen: 87.600

Orderbuch
Bid Ask
0.061 20.000 38.620 0.063

[Looe]

# 1 bevor der Thread historisch wird, mal ne`Frage an die Eröffnerin: Immer noch "strong buy" oder hat sich etwas geändert ? Wäre doch schön, ein paar neue Fakten zu hören.
Lohnt sich ein Einstieg auf diesem Niveau ?

Gruß Looe

[Der_Muede_Joe]

hallo allerseits
hat jemand bzw. gibt es infos zu ashburton oder stehen welche an?
hab ehrlich gesagt wenig ahnung von börse etc. ... daher dient sie für mich auch nur zum spielen.
was mir nur aufgefallen ist, ist das der kurs seit anfang/mitte letzter wochen anfängt nach oben zu zuppeln.
richtig oder doch einfach nur der falsche blick eines ahnungslosen
gruss
Joe :o)

[bahncard]

finger weg!

schau dir lieber mal ballarat an, wenn`s schon gold sein soll ...

(ist nur ein Tipp)

[Der_Muede_Joe]

@bahncard
"Ballarat" hab ich schon eine ganze weile, hatte sie mir zu ca.0,09 € ins depot gelegt und da liegt sie noch immer
nu muss ich aber dazu sagen, das der max.betrag den ich für solche aktien investiere bei nur 500 € liegt

Hab zur zeit nur 9 aktien zu 500 € im depot liegen:
Moto / zu ca.0,27
Tennant / zu ca.0,11
Panoro / zu ca.0,11
Tiger / zu ca.0,08
Dragon Oil / zu ca.1,50
CBH / zu ca.0,11
Paladin Res. / zu ca.0,20
Zarum / zu ca.0,06
Caspian / zu ca.0,05

Wie gesagt, ich spiele nur. Bei den meisten anlagen gehe ich nach gefühl, was gibts an news und was lasst ihr hier im forum zu den einzelnen werten von euch. weitergehe ich danach, wie sich die aktie in den letzten wochen/monaten entwickelt hat.
Wird hier geschrieben "super Öl-unternehmen", dann ist es grundsätzlich schonmal ratsam die aktie nicht gleich zu kaufen oder ungeduldig zu werden , sondern zu warten, denn kaufen kann man immer ... und wenn nicht die, dann eine andere.

Hab mir also erstmal einpaar "ashburton" geholt, wenns schief geht, dann pech!

[daxrunner2]

also, wenn der müde joe so wenig ahnung von börse hat und nur stark steigende aktien hat die meistens erst seit 2005 laufen ,möchte man meinen du arbeitest bei einer bank nur so ein gefühl mfg daxrunner

[Gelfling]

Guten Tag
Sieht doch alles stabil und gut aus.

BID:00,36/21000
ASK:00,44/50000

Australien derzeit
00,65 bei 410000 Aktien

ergibt derzeit 00,39 €uro.

Charttechnisch sieht es ebenfalls gut aus.

Ich sags doch: Alles wird gut.

[Gelfling]

[wumm11]

@gelfing


??

[viena]

Ihr müsst 20 Millionen Stück nachkaufen-wie Frickhasserin:
Zitat:
freuen? naja. ich habe aktuell wieder ne Menge Cash und hätte schon gerne noch ein paar Ashburton bei 6 Eurocent nachgekauft, denn was lange rumdümpelt wird irgendwann explodieren was man an Tournigan, Crown, Medec, Tiger etc. gesehen hat.

ich bin da EISENHART. Schwache Kurse kratzen mich nicht im geringsten. Wenn ich überzeugt bin kaufe ich nach.

egal wie lange es noch dauert. Der Tag wird kommen, dann wird Ashburton unter Millionen Umsätzen explodieren und ab 9 cent bin ich dann im Plus. Wie immer halt!!!

Lemminge kaufen dann bei 16 Cent.

[Gelfling]

Hallo und guten Tag

habe "nur" versucht, den AUSTRALISCHEN Chart hierher zu beamen.
Naja, könnt Euch den ja selber mal anschauen.
Sieht, wie ich schon sagte, gut aus.
Macht Euch selber ein "Bild" davon.

BIMI 66, wir sind auf der richtigen Spur.
Schönes Wochenende

Gelfling

[fleurop]

...da gingen gerade 135.000 über den Tisch, der einzige nennenswerte trade heute (bis jetzt)

[Gelfling]

Guten Morgen ASHIES

Australien momentan
00,67 bei 345000 Aktien

ergibt 0,040 €uro.

Vielleicht kommen wir heute über den Widerstand
von 0,040 €uro.
Dürfte dann meiner Meinung nach (Chart) Luft nach
oben geben und weiterhin für Stabilität sorgen.

Die Sonne scheint,
die Sonne lacht,
ASHBURTON noch viel Freude macht.

Einen schönen Tag EUCH allen.

[Gelfling]

Hier bin ich noch Mal.
Bin jetzt auch dabei.
Wollte in einer anderen Explodieration nachlegen.
Hier, bei dem (noch?) Explorer ASHBURTON gefällt es mir, insbesondere von den Aussichten, genauso gut.
Mit Geduld und dem Knacken der00,40€ durchbrechen
wir zunächst den Widerstand der 100ér Tageslinie.
Das würde, wie gesagt Luft und Stabilität bringen.

[bimi66]

Hey Gelfling heute im Aktionär unter Leserbriefe.Bei Ashburton sieht die Situation hingegen völlig anders aus.Das Unternehmen ist auf der Suche nach einem neuen Projekt.Dies gestaltet sich jedoch sehr schwer,da derzeit nahezu alle guten Minenprojekte in festen Händen oder nur extrem teuer zu erwerben sind.Die Aussichten für Ashburton sind völlig unklar,die Aktie ist allenfalls eine hochspekulative Halteposition.Gruss bimi

[gordonshoumway]

na das ist doch ein grund zu kaufen!!!!

da kann ich nichts drauf geben.

[bimi66]

Da sollte man auch nichts drauf geben Kursziel 1 Euro dann 0,20 Cent und jetzt keine Ahnung von nichts?Wen die mal irgendwie Gold aus dem Loch fördern in dem da gebohrt wird müßte eine ganz andere Bewertung drin sein.Mein Tip 0,20 Eurocent oder was glaubst Du oder die anderen Leser hier im Boot Gordon.Gruss bimi

[Gelfling]

Antwort auf Beitrag Nr.: 21.178.658 von bimi66 am 12.04.06 17:02:44

Guten Tag ASHIES

ich stelle nochmals die Antwort von ASHBURTON-MINERALS
hier rein (mit etwas komischer Übersetzung).
Dieses Schreiben stammt vom 31.03.2006.



Bitte schreibt doch EURE eigenen Meinungen möglichst objektiv dazu.
Würde mich freuen.
Ich habe mir jedenfalls, soweit möglich, selbst ein Bild von
ASHBURTON gemacht.
Natürlich ist es wichtig, sich kritisch auch mit ASHBURTON-MINERALS
auseinanderzusetzen und nicht schönzuschreiben.

Spiegelt die nachstehende Antwort nicht den Leserbrief des "Aktionärs" wieder?

Hat sich dadurch etwas geändert?

===============================================================

Danke für Ihr durchdachtes email und danke für Ihre Vorschläge.
Ich forsche die Möglichkeit des Mit.einschließens eines deutschen Text homepage nach.

Ashburton konzentriert seine Bemühungen auf das Erwerben der vorgerückten Goldprojekte in Brasilien. Wir halten z.Z. das Mina Inglesa Projekt und haben vor kurzem den Erwerb einer Wahl über der Lavrinha Ablagerung verkündet. Beide dieser Bereiche halten bedeutende garimpeiro Bergbaubetriebe und so bestätigen das Vorhandensein der ökonomischen Goldmineralisierung.

Zusätzlich arbeiten wir im Pocone Bereich, in dem das Rückstandprojekt mit umfangreichen privaten Goldminen verbunden ist.

Wir sollen auch ungefähr eine Vereinbarung über einer zusätzlichen Gruppe Wohnungen beenden.

Wir glauben, daß allen Bereichen, die wir halten bis jetzt, ein sehr gutes Potential haben Sie, Goldablagerungen zu enthalten, die auf einer Firmaskala ökonomisch gewonnen werden können. Bei Pocone fügt jedes mögliches Goldhilfsmittel, das wir in den Rückständen kennzeichnen, den Primärablagerungen hinzu, daß wir versuchen, dort zu kennzeichnen.

In den folgenden drei Monaten führen wir die Bohrung aller dieser Bereiche durch und erwarten, einige Warenresultate von dieser Arbeit zu empfangen.

Brasilien ist ein langer Weg weg, aber die Gelegenheiten bilden unsere Anwesenheit dort lohnend.

Ich schaue vorwärts zu einem aufregenden Jahr während 2006.

Freundlicher Respekt

===============
Thank you for your thoughtful email and thank you for your suggestions. I will investigate the possibility of including a German text Homepage.

Ashburton is concentrating its efforts on acquiring advanced gold projects in Brazil. We currently hold the Mina Inglesa project, and have recently announced the acquisition of an option over the Lavrinha deposit. Both of these areas hold significant garimpeiro mining operations, thus confirming the presence of economic gold mineralisation.

In addition we are working in the Pocone area where the tailings project is associated with extensive private gold mines.

We are also about to finalise an agreement over an additional group of tenements.

We believe all the areas we hold so far have a very good potential to contain gold deposits that can be mined economically on a company scale. At Pocone, any gold resource we identify in the tailings will add to the primary deposits that we are trying to identify there.

In the next three months we will carry out drilling of all these areas and expect to receive some very goods results from this work.

Brazil is a long way away, but the opportunities make our presence there worthwhile.

I am looking forward to an exciting year during 2006.

Kind regards


Tom Dukovcic
Managing Director
Ashburton Minerals Ltd
t: [phone]
f: [phone]
m:[phone]
e: [e-mail]

[gordonshoumway]

ich weiß au net ,ich hoffe die bohren bissel schneller als letztes mal, ich kann mir auch gut vorstellen das ashburton aufgekauft wird!

wenn der kurs sich doch gehen süden aufmachen sollte glaube ich bleibt er bei 0,09euro hängen!

aber wer weiß das schon, ich bleib auf jeden dabei und schau mir ds ehlend weiter an !!!!

der gordon

[Gelfling]

Hallo Gorden

sicherlich scheint es (etwas) frustrierend zu sein.
Wenn Du der Meinung bist, dass es abwärts geht, dann
verkaufe, auch mit Verlust - Verluste begrenzen - Nichts ist schlimmer als persönliche Unsicherheit.
Es nimmt auch die Objektivität.
Du kannst dann ja evtl. später nochmals einsteigen.

==========
Ich denke, dass uns hier nichts anbrennt.
Etwas anderes könnte es sein, wenn der Kurs deutlich höher stehen
würde.
Ich bin hier neuerdings investiert, könnte verkaufen, werde ich
aber nicht machen.
Das Schreiben ASHBURTON-MINERALS ist doch schon was, oder?

So, nun zum Chart:
Der sieht gut aus.
100èr Tageslinie nach oben durchbrochen.

Eins noch: Mutig einzusteigen, ist nach Abwägung in Ordnung.
Mutig unterzugehen nicht.
Das wünsche ich keinem.
Jeder handelt nach eigener Überzeugung.
Zusammen haben wir hier ein Ziel und denke, einen guten Weg
vor uns.

Sehr gut finde ich, dass bei Neuigkeiten gleich reagiert und
gepostet wird.

[bimi66]

Hey stille Leser habe mal was von der letzten News übersetzt.Unter Top-Shareholders ist ANZ Nominees angegeben mit 50%. Kann da jemand etwas dazu sagen,scheinbar ist das einer der großen Minenfinanzierer in AU.Bin bei Google nicht besonders schlau geworden. Potential:die zwei Gebiete, die die Gold- tragenden eingelassenen Enden zur Verfügung gestellt haben, haben die Bergwerksgeschichte, die auf die 1700er Jahre zurückgeht. Das Bohren der eingelassenen Enden ist nur ATN zuerst gehen in einem Plan, seine Tätigkeiten in Brasilien auszubreiten. ATN untersucht auch Hardrock-Gelegenheiten um Crixas und Moto Grosso. Die nahe bevorstehende Vollziehung einer Umweltgrundlinie-Studie wird Grund-Tätigkeiten ermöglichen, an Mina Inglesa nahe Crixas anzufangen.

[bimi66]

Mit diesem Top Shareholder werde ich mich die nächsten Tage mal beschäftigen schöne Feiertage allen Goldgräbern und hier noch einer.ATN hat den grössten Teil seines Austrailian Vermögens entkleidet, um sich auf Goldprojekte in Brasilien zu konzentrieren; nur sein zukünftiger Grund in der Ashburton Waschschüssel ist behalten worden. Entblößungstätigkeiten begriffen 1,35M während des Viertels. Am Ende des Dezembers meldete ATN eine Kassenposition 2,35M und 300 Kilobyte im Verbrauch für das Viertel im März. So wird die Gesellschaft gut gelegt, um seine Tätigkeiten in Südamerika zu verbreitern. ATNhas erwarb 50 % seines Bohrauftragnehmers Transdrill, das versorgt es mit der Sicherheit der Bohrturm-Verfügbarkeit und verbesserten Vermitteln-Kraft für zukünftige Projekte.

[bimi66]

Hey Gelfling ist das was für Dich einfach mal lesen.Habe es eben erst gefunden Gruss bimi. http://www.aer.com.au/Data/assirt/Reports/BB/47253/XBB_47253…" target="_blank" rel="nofollow ugc noopener">[/uhttp://www.aer.com.au/Data/assirt/Reports/BB/47253/XBB_47253…

[Gelfling]

Antwort auf Beitrag Nr.: 21.199.132 von bimi66 am 13.04.06 21:32:31

Guten Morgen bimi

vielen Dank für Deine Postings.
Ich werde mich gleich mal reinlesen.
Hoffe, dass Du und die Anderen hier ein gutes Osterfest
genießen konntet.

Werde mir noch einige Überraschungseier ASHBURTON-MINERALS
ins Nest legen; sind ja noch welche da.

[Gelfling]

Guten Morgen allerseits

Kurs in Australien ist derzeit 0,061/225000 Aktien.
00,60 scheint Unterstützung zu werden.

Zuletzt
BID: 00,56
ASK: 00,65

Wäre gut, wenn hier die 00,40 Unterstützung/Boden wird.



Name Kurs Veränderung Datum Umsatz

Frankfurt 0,041 +17,14% 09:17 19.04. 0
Berlin-Bremen 0,037 -2,63% 09:07 19.04. 0
München 0,038 +0,00% 09:04 19.04. 0
Stuttgart 0,04 +5,26% 19:57 18.04. 0
Xetra 0,039 +95,00% 13:27 11.04. 210.000

[evens]

da hat sich aber gerade einer eine anständige Scheibe genehmigt:
100000 Stück!

[bimi66]

Hey Leute 1 Cent sind auch 1000 Euro und wen hier mal so ein blöd Push kommt verdienen WIR kräftig mit.Der wird kommen die lassen nichts aus,es braucht nur eine wirklich gute Nachricht.Werter Gelfling diese Blue Book Page ist eigentlich sehr Informativ ASH bohrt da wohl in der selben Ecke wie TROY und die sind wohl erfolgreich wen Ich das richtig verstanden habe.Jungs mehr Mut mehr Meinungen traut euch habe mein Glück auch erst vor ein paar Jahren selbst in die Hand genommen.

[Gelfling]

Antwort auf Beitrag Nr.: 21.237.604 von bimi66 am 19.04.06 12:18:02

BIMI
natürlich ist das sehr informativ, hab Dank für Deine Mühe.
Für jeden Interessierten ist das eine Pflichtlektüre.
Gehe davon aus, dass hier die langfristige Variante (Long)
richtig und gut ist.

Wir bräuchten die 00,40 als Boden, das wäre sehr gut.
Mal sehen.
Jetzt muß nur noch ASHBURTON mit guten Meldungen richtig in Gang
kommen.
Also.....
Wir warten.....

[Gelfling]

Guten Morgen ASHIES
wollen wir mal sehen, was uns der Tag hier heute bringt.



Code Last $ +/- Bid Offer Open High Low Volume Options Warrants Chart Status Announcements
ATN 0.065 0.004 0.057 0.065 0.060 0.065 0.059 340,000 Options Warrants Chart Recent

[Gelfling]

!

Dieser Beitrag wurde vom System automatisch gesperrt. Bei Fragen wenden Sie sich bitte an [e-mail]

[Gelfling]

Guten Morgen
wieso wird denn hier verkauft?
Gibt doch nun wirklich keinen Grund.
Oder hat jemand den falschen Button gedrückt?

[Gelfling]

Na, geht doch.


Hoffentlich werden kommende Woche die 00,40 deutlich übersprungen
und erobert.
Wieso eigentlich nicht.


Wünsche Euch ein schönes, entspannendes Wochenende

immer locker bleiben
läuft doch alles rund
alles wird gut

[Gelfling]

Guten Morgen ASHIES
in Australien schlafen unsere Aktien noch,
d.h. unverändert 0,058 bei 5334 gehandelten Aktien.
Glück Auf.

[Gelfling]

mein letzter Stand Frankfurt:
BID:0,031 116250 Aktien
ASK:0,040 175200 Aktien.

Morgen ist in Australien Feiertag(ANZAC DAY).
Könnte der Grund für den "gewaltigen" Umsatz sein.
Jedenfalls bleiben sie drüben ruhiger.
Immmer noch die dusselige 0,040 Hürde.

[bimi66]

Na wer hat den die 400K zu 3 Cent gekauft.Willkommen an Bord.Irgendwie liegt hier was in der Luft.

[Gelfling]

Antwort auf Beitrag Nr.: 21.293.846 von bimi66 am 24.04.06 12:50:38

Viel Wind um nichts heute.
Letzter Kurs in München 00,35€.

Kurs in Australien war 0,058 Austr.Dollar.
Kurs hier demnach ist 0,0348Euro.

00,40 Euro, wo bleibt ihr?????

[Cicero23]

erstmal müssen die anteile alle die händchen wechseln, sobald alle abgeben und genommen haben fällt der startschuss...

[Gelfling]

Antwort auf Beitrag Nr.: 21.314.402 von Cicero23 am 25.04.06 16:48:48

Tja, denn mal los,
Händchen auf den Button buy
und dann bekomme ich endlich meine Kurse über 00,40€
und bin mit dem Chart erst einmal zufrieden.

Wollen wir mal sehen, was die Australier
jetzt machen.

Ohne News (ungepusht) sollten Kurse im Bereich
von 0,045 bis 00,65 zunächst gut erreichbar sein.
Natürlich nur meine Meinung und kein Wunschdenken.
Vielleicht sehe ich das ja falsch?

[bimi66]

Antwort auf Beitrag Nr.: 21.319.727 von Gelfling am 25.04.06 21:04:36

Danke für deine BM sieht im Ausiland heute nicht gut aus.Gruss bimi

[Gelfling]

Antwort auf Beitrag Nr.: 21.328.404 von bimi66 am 26.04.06 14:02:56

Guten Abend

habe mir den Kursverlauf drüben angeschaut.

Open: 00,58 = 0,03508€
SK: 00,52 = 0,03145€

Gehandelte Aktien: 275667.

Jetzt kommts:
=============
BID: 00,63 = 0,0381€
ASK: 00,64 = 00,387€

Bleibt es hier heute so, dann werden wir wohl drüben eine
deutliche Korrektur nach oben bekommen.
Das dürfte einigen nicht so schmecken.

Also: Kein Verkaufsdruck derzeit, Indikatoren positiv/bullisch.


Nebenbei erwähnt.
Ich habe nochmals ASHBURTON angeschrieben, auch bezüglich des
Artikels "Der Aktionär".
Auf die Antwort bin ich besonders gespannt.
Mal sehen, wie reagiert wird.

[Gelfling]

Guten Morgen ASHIES
in Australien derzeitig kein Handel ASHBURTON.
So kann man es natürlich auch in Australien machen.

BID und ASK weiterhin wie zuvor:
BID: 00,63 = 0,0381€
ASK: 00,64 = 00,387€

Das heißt, uns wird das Feld überlassen und wir bestimmen den
Kurs.
Solange wir uns nicht selbst runterdrücken (Verkäufe), dürfte es
i.O. sein.
Es sieht weiterhin hier gut aus.
Es bietet sich meiner Meinung nach an, in mehreren Blocks zu kaufen
(aber nicht zu viel).
Cash sollte man immer in der Rückhand behalten.
Ich habe da wohl was verkehrt gemacht, muss leider noch ein paar Tage warten.

Auf einen schönen Tag
Euer
Alleinunterhalter
GELFLING

[Gelfling]

Alloa
wünsche Euch ein schönes Wochenende und einen super 1.Mai.
Melde mich bis kommenden Donnerstag ab.
Mal sehen, was dann hier los ist.
Passt bitte mit auf meine Aktien auf.
Und
TSCHSCHSCHÜÜÜÜÜÜÜÜßßßßß.

[Gelfling]

Guten Tag allerseits,
ist jemand hier?
Scheint so, als habe ich nichts verpasst?!

[Gelfling]

Meiner Meinung nach haben wir günstige Kaufkurse
und eine sehr gute Einstiegsmöglichkeit.


Bin auf die nächste Woche gespannt.
Also, schönes WE

[Gelfling]

Guten Morgen ASHIES
in Australien tut sich absolut nichts.


Die warten, dass hier "großzügig" verkauft wird.

Derzeitig in Australien:
Kurs: 0,065 (00,39€)

BID.: 0,061 (00,37€) 59027 Aktien
ASK.: 0,067 (00,41€) 48000 Aktien

Bleibt es hier positiv, dann ................

bis denne
GELFLING

[Gelfling]

Es geht voran
=============



8 May 2006

The Manager
Company Announcements Office
Australian Stock Exchange
E-lodgement via ASX Online
ASHBURTON MINERALS LTD
(“Ashburton” or “the Company”)
ENTERS INTO CUIABA GOLD PROJECT JOINT VENTURE IN BRAZIL
Ashburton Minerals Ltd is pleased to announce that it has signed a Heads of
Agreement with AIM-listed Minmet plc (“Minmet”) relating to the Cuiaba Gold Project
in the state of Mato Grosso in Brazil.
The Cuiaba-Pocone district is an area of significant gold mineralisation that contains
numerous private (garimpeiro) gold workings scattered over a 120 km strike. By
virtue of the scale of these operations, Ashburton is of the opinion that the district
holds potential to host a number of larger, company-scale gold deposits.
Nevertheless, the area remains essentially unexplored by Australian standards.
Minmet, through its Brazilian subsidiary Mineradora de Bauxita (“MBL”), holds ten
granted exploration permits within the district (see attached map) encompassing
ground within two such areas of pronounced mining activity. In addition, MBL has a
large amount of technical data, including an airborne geophysical survey
commissioned by MBL in 1999, covering an area of approximately 150 km x 50 km
and extending over the entire Cuiaba-Pocone district (see attached map). The
extent of the geophysical survey will define the Cuiaba Gold Project. The MBL
technical database will be made available to Ashburton for the duration of the
project.
The Cuiaba Gold Project consists of two parts, namely
1. The MBL tenements
2. The remaining ground within the project area, defined by the extent of the
geophysical survey.
Under the terms of the agreement Ashburton will secure a three year option period
by issuing to Minmet:
a) 1,609,332 fully paid ordinary shares in Ashburton; and
b) 500,000 free attaching unlisted options, with an exercise price of 15 cents
each by 30 June 2009.
During the option period Ashburton is to sole fund A$800,000 in exploration
expenditure according to the following minimum requirements:
1. A$150,000 in the first year;
2. A$250,000 in the second year, incorporating a minimum 1,000 m of
drilling; and
3. A$400,000 in the third year, incorporating a minimum 1,500 m of drilling.
On meeting its sole funding obligations, Ashburton will earn a 75% equity interest in
the MBL tenements, triggering the commencement of the joint venture phase during
which each party is to contribute pro-rata or dilute by standard formula. Should a
party’s interest reduce to below 10% the interest will convert to a 2.5% net smelter
royalty (“NSR”).
Minmet will retain a Claw Back Right of up to 50% in any resource identified by
Ashburton within the MBL tenements in excess of 300,000 ounces (classified under
the Measured and Indicated categories as specified by the Australian JORC
guidelines). Minmet can claw back up to 50% by meeting 100% of Ashburton’s
expenditure in defining the resource, or paying that amount in cash to Ashburton.
Within the project area outside the MBL tenements, Minmet will be entitled up to
2.5% NSR on the interest held by Ashburton in any non-tailings discovery and will
have an Earn-In Right of up to 50% of Ashburton’s interest in any non-tailings
discovery should Ashburton’s interest be greater than 300,000 oz (JORC compliant,
as above). Minmet can earn up to 50% by meeting 200% of Ashburton’s
expenditure in defining the resource, or paying that amount in cash to Ashburton.
The agreement with Minmet gives Ashburton access to potential hard rock gold
deposits in areas of demonstrated gold mineralisation and represents a significant
addition to Ashburton’s current involvement in the region through the Pocone tailings
reprocessing evaluation project.
Ashburton intends to commence exploration of the MBL tenements immediately with
a view to establishing early drilling targets. The Transdrill rig, which is 50% owned
by the Company, has completed the current phase of tailings drilling at Pocone. It is
being mobilised to the Lavrinha prospect in the west of the state and is expected to
return to Cuiaba in around six weeks time.
Tom Dukovcic
Managing Director
The information contained in this report that relates to Exploration Results or Mineral Resources is based on information compiled by Mr
Tom Dukovcic who is a Member of the Australian Institute of Geoscientists. Mr Dukovcic is a full-time employee of the Company and has
sufficient relevant experience to qualify as a Competent Person as defined in the 2004 Edition of the “Australasian Code for Reporting of
Exploration Results, Mineral Resources and Ore Reserves”. Mr Dukovcic consents to the inclusion in this report of information compiled
by him in the form and context in which it appears.
Map of Cuiaba Gold Project, showing extent of project, MBL tenements and
garimpeiro workings



Melde mich nachher wieder (muss weg).

[bimi66]

Die Betriebsleiter-Firmenansage-Büroaustralier-Börse E-lodgement über ASX Online sind ASHBURTON MINERALE LTD ("Ashburton" oder "die Gesellschaft") TRITT in CUIABA GOLDPROJEKTGEMEINSCHAFTSUNTERNEHMEN IN BRASILIEN Ashburton Minerale Ltd EIN, zufrieden bekanntzugeben, dass es Häupte von Abmachung mit VON ZIEL VERZEICHNET Minmet plc ("Minmet") in Zusammenhang mit dem Cuiaba Goldprojekt in Mato Grosso in Brasilien unterzeichnet hat. Der Cuiaba-Pocone Bezirk ist ein Gebiet von bedeutendem Gold mineralisation, der zahlreiche private (garimpeiro) über einen 120-Km-Schlag gestreute Goldmechanismen enthält. Auf Grund von der Skala dieser Operationen ist Ashburton von der Meinung, dass der Bezirk potenziell hält, mehrere größere, Firmenskala-Goldablagerungen zu Gast zu haben. Dennoch bleibt das Gebiet im wesentlichen unerforscht nach australischen Standards. Minmet, durch seine brasilianische Tochtergesellschaft Mineradora de Bauxita ("MBL"), hält zehn erteilte Erforschungsgenehmigungen innerhalb des Bezirks (sieh beigefügte Karte), Grund innerhalb von zwei solchen Gebieten der ausgesprochenen Bergwerkstätigkeit umfassend. Außerdem hat MBL einen großen Betrag von technischen Daten, einschließlich eines geophysikalischen Bordüberblicks beauftragt durch MBL 1999, ein Gebiet von etwa 150 Km x 50 Km bedeckend und sich über den kompletten Cuiaba-Pocone Bezirk ausstreckend (sieh beigefügte Karte). Das Ausmaß des geophysikalischen Überblicks wird das Cuiaba Goldprojekt definieren. Die MBL technische Datenbank wird zu Ashburton für die Dauer des Projektes bereitgestellt. Das Cuiaba Goldprojekt besteht aus zwei Teilen, nämlich 1. Die MBL Etagenwohnungen 2. Der restliche Grund innerhalb des Projektgebiets, definiert durch das Ausmaß des geophysikalischen Überblicks. In Form von der Abmachung wird Ashburton eine Auswahl-Periode des drei Jahres sichern, zu Minmet herauskommend: a) 1,609,332 völlig bezahlte Stammaktien in Ashburton; und b) 500,000 freie anhaftende Geheimoptionen, mit einem Übungspreis von 15 Cent jeder vor dem 30. Juni 2009. Während der Auswahl-Periode ist Ashburton zum alleinigen Fonds A$800,000 im Erforschungsverbrauch gemäß den folgenden minimalen Voraussetzungen: 1. A$150,000 im ersten Jahr; 2. A$250,000 im zweiten Jahr, ein Minimum 1,000 M des Bohrens vereinigend; und 3. A$400,000 im dritten Jahr, ein Minimum 1,500 M des Bohrens vereinigend. Seine alleinigen Finanzierungsverpflichtungen treffend, wird Ashburton ein Billigkeitsinteresse von 75 % an den MBL Etagenwohnungen verdienen, den Anfang der Gemeinschaftsunternehmen-Phase auslösend, während deren jede Partei verhältnismäßig oder verdünnt durch die Standardformel beitragen soll. Wenn ein Interesse einer Partei zu unter 10 % abnimmt, die das Interesse zu einem Nettoschmelzer-Königtum von 2.5 % ("NSR") umwandeln wird. Minmet wird eine Klaue Zurückrecht auf bis zu 50 % in jeder Quelle identifiziert durch Ashburton innerhalb der MBL Etagenwohnungen über 300,000 Unzen (klassifiziert unter den Gemessenen und Angezeigten Kategorien, wie angegeben, durch die australischen JORC Richtlinien) behalten. Minmet kann bis zu 50 % zurückgewinnen, 100 % des Verbrauchs von Ashburton im Definieren der Quelle, oder des Zahlens dieses Betrags im Bargeld Ashburton treffend. Innerhalb des Projektgebiets außerhalb der MBL Etagenwohnungen wird Minmet NSR von bis zu 2.5 % auf dem Interesse gehalten von Ashburton in jeder Entdeckung der nichteingelassenen Enden berechtigt und wird ein Verdienen - im Recht auf bis zu 50 % vom Interesse von Ashburton an jeder Entdeckung der nichteingelassenen Enden haben sollte das Interesse von Ashburton, größer sein, als 300,000 Unzen (JORC entgegenkommend, als oben). Minmet kann bis zu 50 % verdienen, 200 % des Verbrauchs von Ashburton im Definieren der Quelle, oder des Zahlens dieses Betrags im Bargeld Ashburton treffend. Die Abmachung mit Minmet gibt Zugang von Ashburton zu potenziellen Hardrock-Goldablagerungen in Gebieten von demonstriertem Gold mineralisation und vertritt eine bedeutende Hinzufügung zur gegenwärtigen Beteiligung von Ashburton am Gebiet durch die Pocone eingelassenen Enden, die Einschätzungsprojekt neu bearbeiten. Ashburton hat vor, Erforschung der MBL Etagenwohnungen sofort anzufangen, in der Absicht früh Bohrziele einzusetzen. Der Transdrill-Bohrturm, der durch die Gesellschaft besessene 50 % ist, hat die gegenwärtige Phase von eingelassenen Enden vollendet, die an Pocone bohren. Es wird zur Lavrinha Aussicht im Westen des Zustands mobilisiert und wird erwartet, zu Cuiaba in ungefähr sechs Wochen zurückzukehren.

[Gelfling]

Antwort auf Beitrag Nr.: 21.477.801 von bimi66 am 08.05.06 18:21:47

Hallo BIMI
schön, dass Du wenigstens hier bist.
Das sind doch schon Mal gute News von ASHBURTON.

Irgendwie scheint es, dass zur Zeit kein großes Interesse an
ASHBURTON besteht.
Vielleicht ändert es sich, wenn der Kurs wesentlich höher
steht und alle hinterher rennen.
Es gibt halt viele, die so absurd handeln.

Es geht voran.
Auch auf der Homepage wird einiges aktualisiert und bearbeitet.
Vermutlich sind sich die Verantwortlichen dort zwischenzeitlich
bewusst geworden, dass es nicht ausreicht, selbst zu wissen,
dass ASHBURTON gut aufgestellt ist, sondern es an der Zeit ist,
dieses "Geheimnis" nicht nur für sich zu behalten.

Könnte auch sein, dass dort der eine oder andere Kopf ausgetauscht
wurde.

[bimi66]

Antwort auf Beitrag Nr.: 21.478.428 von Gelfling am 08.05.06 19:02:50

Hey Gelfling bin eigentlich immer mal da habe aber nicht immer Zeit zum posten.Hier lesen schon einige Leute mit es scheint aber keiner den Mut zu haben seine Meinung zu posten.Einige haben wohl auch einen sehr hohen EK so wie Ich das beim Lesen heraus gehört habe.Wer zwischen 0,10-0,15 Cent gekauft hat muß schon ganz schön die Nerven behalten Fricko der alte Abzocker hat hier wohl einige in den Keller geschossen was diese Leute betreiben ist beinah schon kriminell,aber unser Staat schaut zu solange diese Herrn ihre Steuern bezahlen egal ob der kleine Anleger auf der Strecke bleibt.Werde dieses Jahr immer ein bißchen zukaufen bis 0,06 Cent.Wichtig wäre das ab 2007 mal konkrete Aussagen zum Beginn der Förderung kommen würden,sollte das geschehen wird der Kurs mächtig beflügelt werden.Desto höher der Goldpreis um so besser für uns,und wen WIR 09 oder 10 den Ausi Dollar sehen wäre das doch schön oder was meint Ihr stillen Leser.Gruss bimi und Kopf hoch

[Wolfvestor]

Ashburton hat heute nacht in Australien bei fetten Umsätzen ein Kursplus von 12,3 Prozent hingelegt.

Irgendjemand kauft da im großen Stil auf...



Der Wolfvestor

[Wolfvestor]

Sollte mich nicht wundern, wenn bei den News jetzt noch ein paar Börsendienste aufspringen.

Schließlich ist Ashburton mit unter fünf Cent immer noch ein echter Pennystock mit viel mehr Potential nach oben als nach unten.

Und zusätzlich halt noch saubillig ...äh´ich meine natürlich
schweinepreiswert.


Der Wolfvestor

[Gelfling]

Börsendienste können von mir aus aufspringen.
Möglichst nicht momentan, sondern dann, wenn der
Kurs wesentlich höher steht.

Derzeitig in Australien:
Kurs: 0,073 (00,44€)

BID.: 0,061 (00,37€) 52106 Aktien
ASK.: 0,073 (00,44€) 34228 Aktien

ASHBURTON: AUF EINEM RICHTIG GUTEN WEG.

[Gelfling]

Kann doch wohl nicht so schwer sein........
Wo bleiben "meine" über 00,41 in Frankfurt?

[bimi66]

Sag mal Gelfling Kennst Du ein besseres Übersetzungsprogramm als Abacho oder sind die alle so schlecht? gruss bimi

[bimi66]

Antwort auf Beitrag Nr.: 21.483.458 von Wolfvestor am 09.05.06 08:07:41

Willkommen an Bord Wolfvestor endlich sind wir nicht mehr nur zu 2 viele Leser keine Poster gruss bimi

[Gelfling]

Antwort auf Beitrag Nr.: 21.490.197 von bimi66 am 09.05.06 15:31:42

Guten Tag BIMI
habe nichts besseres aus dem Internet (leider).
Aber: Wir wurschteln uns auch so durch.
Die Nachrichtenlage und die Gesamtsituation sind doch gut.

Ich verstehe leider immer noch nicht, wieso wir die Chance
derzeitig nicht nutzen, den "Sack" über 00,41 zuzumachen.
Wir hätten dann anschließend nicht nur eine solide Grundlage, sondern würden deutlich über der 100'er Linie stehen.

Das würde meiner Meinung nach in Australien die 00,70 nachhaltig festigen (bevor es weiter gen NORDEN geht).

[bimi66]

Da bin Ich ganz deiner Meinung machs Gut bimi.

[Gelfling]

Guten Morgen
mal sehen, wie es heute wird.
Denke, dass eine kurze Pause ansteht.
Hier die 0,040 € oder darüber,
dort die 0,070 Austr. Dollar, oder etwas darüber.
Wäre ja schön.

Derzeitig in Australien:
Kurs: 0,070 (00,42€) (-4,11%)

Gehandelt: 125.600 Aktien
BID.: 0,062 (00,38€) 110.000 Aktien
ASK.: 0,070 (00,42€) 17.628 Aktien

[Gelfling]

Wieder ein wohl kursmäßig,
guter
ASHBURTON-Tag.

Derzeitig in Australien:
Kurs: 0,071 (00,43€)

Gehandelt: 143.907 Aktien
BID.: 0,071 (00,43€) 15.827 Aktien
ASK.: 0,075 (00,46€) 21.000 Aktien

Ist doch schön.
Meine persönliche Meinung: Es sind günstige Kurse hier.
Was soll das heissen? Jeder entscheidet selber.....

[evens]

Frankfurt: 0,43 €! + 10%
Wär mal ein ordentlicher Schlusskurs

[Gelfling]

ASHBURTON: AUF EINEM RICHTIG GUTEN WEG.

[evens]

Sieht so aus!
Konsolidiert hat er ja lange genug, der Ash!

[Wummi]

langsam aber sicher gehts bergauf

ich überleg ernsthaft,ob ich nicht nochmal nachlegen sollte

gruss

wummi

[Gelfling]

Antwort auf Beitrag Nr.: 21.529.291 von Wummi am 11.05.06 21:23:55

Guten Morgen WUMMI
Guten Morgen ASHIES

HEUTE geht ASHBURTON eher auf Ruhekurs.
Genau nach meinem Geschmack.

Auch ASHBURTON muss mal verschnaufen.
Derzeitig in Australien:
Kurs: 0,071 (00,43€)

Gehandelt: 162.034 Aktien
BID.: 0,071 (00,43€) 27.493 Aktien
ASK.: 0,074 (00,45€) 113.343 Aktien

Ist doch alles gut.

[Wummi]

hallo gelfing,

glaubs jetzt auch langsam,das ash auf dem richtigen weg ist

jetzt müßten die nur noch einen erfolg beim "buddeln" verzeichnen können(was ich doch schwer hoffe)

schönes WE noch

gruss

wummi

[bimi66]

Hey Gelfling und alle anderen hier an Bord wen wir heute bei 0,042 schließen wäre doch mal ein gutes Zeichen.Im übrigen sollten wir uns auf einen Thread beschränken macht die Sache als solches einfacher! Schönes WE für alle hier gruss bimi.

[Gelfling]

Guten Abend ASHIES
schaue hier kurz nochmal rein.

Bereits die Vorzeichen in Australien sehen gut aus.
Sie deuten dort auf einen super Start am Montag hin.
Meine Meinung.

Mal sehen, was wir dann daraus machen.
Langsam setzen sich hier Zuversicht und Vertrauen durch.

Natürlich sollten sich diejenigen, die, egal in welche
Unternehmen investieren, vorher eingehend informieren.

Erst dann sollte das sauer verdiente Geld angelegt/anvertraut werden.


BIMI, dass "auf einen Thread beschränken" ist o.k.
Ich denke, dass ich unter "Australien" hauptsächlich die
NEWS insgesamt zusammenhängender/übersichtlicher reinstellen kann.
Mal sehen, wie es angenommen wird.

ASHBURTON: AUF EINEM RICHTIG GUTEN WEG

Also, schönes WE.

Immer schön locker bleiben.

[Gelfling]

Guten Morgen allerseits

Derzeitig in Australien:
Kurs: 0,070 (00,43€)

Gehandelt: 400.000 Aktien
BID.: 0,071 (00,43€) 10.000 Aktien
ASK.: 0,074 (00,46€) 113.343 Aktien

Da wird wohl auf unsere Eröffnung gewartet.

[Gelfling]

Die Australier scheinen irgendwie verschlafen zu haben.

Kurs drüben: 0,070 AUD
B I D : 0,071 10.000 Aktien
A S K : 0,074 113.343 Aktien

[Gelfling]

Guten Morgen ASHIES

Derzeitig in Australien:
Kurs: 0,069 (00,41€)

Gehandelt: 39.000 Aktien
BID.: 0,065 (00,39€) 70.000 Aktien
ASK.: 0,072 (00,43€) 11.000 Aktien

Scheint hier ja eine gute Eröffnung zu werden, obwohl der
Superstart gestern in Australien ausblieb.
Egal, zumindest ist es wichtig, die über 00,40€ zu erhalten.
Bloß nicht darunter.

In Australien sind bislang nur 39000 Aktien gehandelt.
Keiner, der großartig verkauft oder kauft.
Geduld.........

Da wird wohl wieder auf die hiesigen Kurse geschaut.

[Gelfling]

[Gelfling]

Was war das denn für ein blindes Huhn heute in Frankfurt?

- 40.000
- 4.300
- 100.000.

Da wir hier zusammenhalten, bleibt der "Verkäufer"
Leerverkauft.

[evens]

Sehr richtig, die 4 muss stehen und sie steht!

[Gelfling]

Antwort auf Beitrag Nr.: 21.608.874 von evens am 16.05.06 17:43:08

[Gelfling]

Guten Morgen ASHIES

Derzeitig in Australien:
Kurs: 0,069 (00,41€)

Gehandelt: 200.000 Aktien
BID.: 0,064 (00,38€) 50.000 Aktien
ASK.: 0,069 (00,41€) 8.000 Aktien

Interessant:
Open: 0,063
Low: 0,062
High: 0,069

Uns allen einen guten (ASHBURTON) Tag.

[Gelfling]

Guten Tag

Derzeitig in Australien:
Kurs: 0,069 AUD (00,41€)

Gehandelt: 000.000 Aktien
BID.: 0,065 (00,39€) 30.000 Aktien
ASK.: 0,072 (00,43€) 11.000 Aktien

Bemerkung:
Bei Ashburton verläuft oberhalb 0.073 AUD die 200' er Linie.
Die müsste dort nachhaltig überwunden werden.
Kann noch etwas dauern.

Allen einen guten (ASHBURTON) Tag...........

Wer nicht handelt, wird gehandelt.
Spruch von mir; gilt für alle Lebenslagen.

[Gelfling]

Antwort auf Beitrag Nr.: 21.633.738 von Gelfling am 18.05.06 09:14:19

Guten Morgen ASHIES


19 May 2006
The Manager
Company Announcements Office
Australian Stock Exchange Limited
E-lodgement via ASX Online
ASHBURTON MINERALS LTD
(“Ashburton” or “the Company”)
OPTION EXERCISED OVER THE LAVRINHA GOLD PROSPECT
The Company is pleased to advise that, following due diligence investigations, its wholly owned
Brazilian subsidiary Trans Pacific Gold Mineracao Limitada (“TPGM”) has exercised its option over
the Lavrinha prospect and other properties in the Pontes e Lacerda region in western Mato Grosso
state in Brazil.
TPGM secured a 3 year option by completing a US$60,000 payment to Geomin Geologia e
Mineracao Limitada (“Geomin”), the owner of the tenements. During the option period TPGM is to
sole fund US$2 million on exploration, development and feasibility studies over the project tenements.
At any time within the three years that TPGM meets this expenditure, or if TPGM identifies global
resources within the project tenements of in excess of 250,000 oz, a formal joint venture will be
incorporated with TPGM holding a 77.5% interest and Geomin holding a 22.5% interest.
The Pontes e Lacerda project comprises six tenements held by Geomin, or its principals, and a
further 10 applications lodged by TPGM, being 77 sq km in total area.
The Lavrinha prospect (tenement number 866.369/2003), located 10 km south of Pontes e Lacerda is
a site of past private (garimpeiro) mining activity focused on exploitation of a series of outcropping
quartz veins within a sheared sequence of Proterozoic metasediments. Limited drilling by previous
explorers in the mid 1990s returned a number of encouraging intercepts, including 4 m @ 16.36 g/t,
6 m @ 5.14 g/t, and 4 m @ 19.22 g/t. These results are to be verified by TPGM through an upcoming
RC drilling program expected to commence within the next two weeks utilising the Transdrill rig that is
currently on site at Pocone.
The main mineralized zone has so far been defined over a 200 m strike. Existing drilling information
shows that the zone remains open at depth and along strike to the north east, with some 800 m of
this untested strike contained within the Lavrinha tenement.
The initial drilling program is designed to confirm and verify previous results and to test for extensions
of the main zone along strike. Approximately 20 holes for 1,200 m of drilling is planned. The
information should enable the Company to calculate an initial resource at Lavrinha.
The historical results, together with the extent of the garimpeiro workings, are very encouraging and
warrant fast-tracking exploration of this exciting prospect. The Company looks forward to the
upcoming drilling program.
Tom Dukovcic
Managing Director
The information contained in this report that relates to Exploration Results or Mineral Resources is based on information compiled by Mr
Tom Dukovcic who is a Member of the Australian Institute of Geoscientists. Mr Dukovcic is a full-time employee of the Company and has
sufficient relevant experience to qualify as a Competent Person as defined in the 2004 Edition of the “Australasian Code for Reporting of
Exploration Results, Mineral Resources and Ore Reserves”. Mr Dukovcic consents to the inclusion in this report of information compiled
by him in the form and context in which it appears.

[bimi66]

Am 19. Mai 2006 Beschränkter E-lodgement der Börse des Australiers des Büros von Ansagen der Gesellschaft des Betriebsleiters über ASX Online ASHBURTON MINERALE LTD ("Ashburton" oder "die Gesellschaft") AUSWAHL AUSGEÜBT ÜBER DIE LAVRINHA GOLDAUSSICHT Die Gesellschaft ist zufrieden mitzuteilen, dass, im Anschluss an erwartete Fleiß-Untersuchungen, sein ganz gehöriger brasilianischer unterstützungsTrans pazifisches Gold Mineracao Limitada ("TPGM") seine Auswahl über die Lavrinha Aussicht und andere Eigenschaften im Pontes e Lacerda Gebiet in westlichem Mato Grosso Zustand in Brasilien ausgeübt hat. TPGM sicherte eine Auswahl des 3 Jahres, eine US$60,000 Zahlung zu Geomin Geologia e Mineracao Limitada ("Geomin"), der Eigentümer der Etagenwohnungen vollendend. Während der Auswahl-Periode ist TPGM zum alleinigen Fonds US$2 Million auf der Erforschung, Entwicklung und Durchführbarkeitsstudien über die Projektetagenwohnungen. Jederzeit innerhalb der drei Jahre, dass TPGM diesen Verbrauch trifft, oder wenn TPGM globale Mittel innerhalb der Projektetagenwohnungen über 250,000 Unzen identifiziert, wird ein formelles Gemeinschaftsunternehmen mit TPGM Halten eines Interesses von 77.5 % und Geomin Halten eines Interesses von 22.5 % vereinigt. Der Pontes e Lacerda Projekt umfasst sechs Etagenwohnungen gehalten durch Geomin, oder seine Rektoren, und weitere 10 Anwendungen untergebracht durch TPGM, 77 sq Km im Totalgebiet seiend. Die Lavrinha Aussicht (Etagenwohnungszahl 866.369/2003), ließ sich nieder 10 Km im Süden von Pontes e ist Lacerda eine Seite vorig privat (garimpeiro) Bergwerkstätigkeit konzentrierte sich auf Ausnutzung einer Reihe von outcropping Quarzadern innerhalb einer gescherten Folge von Proterozoic metasediments. Das beschränkte Bohren durch vorherige Forscher die Mitte der 1990er Jahre gab mehrere ermutigende Abschnitte, einschließlich 4 M 16.36 g/t, 6 M 5.14 g/t, und 4 M 19.22 g/t zurück. Diese Ergebnisse sollen durch TPGM durch ein kommendes RC-Bohren-Programm angenommen nachgeprüft werden, innerhalb der nächsten zwei Wochen verwertend den Transdrill-Bohrturm anzufangen, der zurzeit auf der Seite an Pocone ist. Die Hauptmineralized-Zone ist bis jetzt über einen 200 M Schlag definiert worden. Vorhandene Bohren-Information zeigt, dass die Zone offen an der Tiefe und entlang dem Schlag zum Nordosten mit ungefähr 800 M dieses ungeprüften innerhalb der Lavrinha Etagenwohnung enthaltenen Schlags bleibt. Das anfängliche Bohren-Programm wird dafür entworfen, zu bestätigen und vorherige Ergebnisse nachzuprüfen und für Verlängerungen der Hauptzone entlang dem Schlag zu prüfen. Etwa 20 Löcher für 1,200 M des Bohrens werden geplant. Die Information sollte der Gesellschaft ermöglichen, eine anfängliche Quelle an Lavrinha zu berechnen. Die historischen Ergebnisse, zusammen mit dem Ausmaß der garimpeiro Mechanismen, sind sehr ermutigend und bevollmächtigen schnell verfolgende Erforschung dieser aufregenden Aussicht. Die Gesellschaft freut sich auf das kommende Bohren-Programm. Direktor von Tom Dukovcic, den Die Information in diesem Bericht enthielt, der sich auf Erforschungsergebnisse oder Bodenschätze bezieht, beruht auf der von Herrn Tom Dukovcic kompilierten Information, wer ein Mitglied des australischen Instituts für Geoscientists ist. Herr Dukovcic ist ein Vollzeitbeschäftigter der Gesellschaft und hat genügend relevante Erfahrung, sich als eine Fähige Person, wie definiert, in der 2004 Ausgabe des "australasischen Codes zu qualifizieren, um von Erforschungsergebnissen, Bodenschätzen und Erzreserven" Zu berichten. Herr Dukovcic stimmt der Einschließung in diesem Bericht der Information kompiliert von ihm in der Form und Zusammenhang zu, in dem es erscheint.

[Gelfling]

Derzeitig in Australien:
Kurs: 0,069 AUD (00,41€)

Gehandelt: 000.000 Aktien
BID.: 0,065 (00,39€) 30.000 Aktien
ASK.: 0,070 (00,42€) 25.000 Aktien


Bemerkung:
ASHBURTON arbeitet fleißig (auch) an der Homepage.
Alles schön stabil.

[Gelfling]

Antwort auf Beitrag Nr.: 21.658.634 von bimi66 am 19.05.06 08:39:56

Hallo BIMI

ob die Mitteilung in Australien erst nach Börsenschluß kam?
Egal, es geht voran.

[bimi66]

Antwort auf Beitrag Nr.: 21.658.801 von Gelfling am 19.05.06 08:47:38

Morgen Gelfling so ist es aber 2-3 Jahre muß man hier schon noch warten bis der der Kurs sagt bitte verkauf mich schönes WE allen Ashies bimi.

[Gelfling]

Antwort auf Beitrag Nr.: 21.658.896 von bimi66 am 19.05.06 08:51:52

Warten wir mal ab und freuen uns auf die weitere Entwicklung.
Abgesehen, dass es zu einer Übernahme kommen könnte, was ich
nicht für ausgeschlossen halte, können positive News den Kurs
schon auf Trab bringen.
Das gleiche gilt natürlich auch für negative News.

Wie ich schon aus meiner Sichtweise schrieb:
Ohne größere Neuigkeiten ist derzeitig ein Kurs im Bereich
von 00,45€ bis 00,65€ gut erreichbar.

[Gelfling]

Hallo ASHIES

ich würde mich freuen, wenn die stillen Leser sich auch Mal
hier zu Wort melden würden.


Was mich persönlich interessiert:
Wer von Euch ist hier investiert, wie lange,
und mit welchen Stückzahlen (wer möchte, auch mit Kaufkurs).

Wer möchte, kann mir auch eine Boardmail zukommen lassen
(behalte ich selbstverständlich für mich).

Für diejenigen, die einen relativ hohen Einstandskurs haben
sei gesagt, dass wir Euch hoffentlich bald "besuchen" und
gemeinsam gen Norden ziehen werden.
Das ist zwar aktuell nicht bis Morgen zu schaffen, aber es
wird schon werden.
Das zumindest wünsche ich mir für uns, insbesondere für die,
mit höheren Kaufkursen.

Diejenigen, die nicht angemeldet sind, können das ruhig machen.
Es tut nicht weh, kostet nichts und beim Versenden von Mails
brauchts noch nicht Mal eine Briefmarke.

[Gelfling]

Welch riesige Resonanz hier

Derzeitig in Australien:
Kurs: 0,063 (00,37€)

Gehandelt: 43.000 Aktien
BID.: 0,063 (00,37€) 37.000 Aktien
ASK.: 0,071 (00,42€) 10.000 Aktien

Bemerkung:
==========

Weder Verkaufsdruck, noch Kaufinteresse momentan.
Wollen wir Mal sehnen, wie es insgesamt heute wird.
Wünsche Euch einen schönen Tag.

GELFLING

[Gelfling]

Guten Morgen
Welch riesige Resonanz hier

Derzeitig in Australien:
Kurs: 0,063 AUD (00,37€)

Gehandelt: 43.000 Aktien
BID.: 0,063 (00,37€) 37.000 Aktien
ASK.: 0,071 (00,42€) 10.000 Aktien

Bemerkung:
==========
Derzeitig weder Verkaufsdruck, noch Kaufinteresse.
Wäre zumindest hier schön, heute deutlich über 00,40€
zu schließen.

[Gelfling]

Guten Morgen
(3.Versuch-Kurzfassung)

Derzeitig in Australien:
Kurs: 0,063 (00,37€)

Gehandelt: 43.000 Aktien
BID.: 0,063 (00,37€) 37.000 Aktien
ASK.: 0,071 (00,42€) 10.000 Aktien

[Gelfling]

Guten Tag ASHIES
versuche zum wiederholten Mal, ein Posting hier reinzustellen.

Derzeitig in Australien:
Kurs: 0,063 AUD (00,37€)

Gehandelt: 43.000 Aktien
BID.: 0,063 (00,37€) 37.000 Aktien
ASK.: 0,071 (00,42€) 10.000 Aktien

Bemerkung:
==========
Schwacher Handel in Australien (43000 Aktien).
Denke, dass bei diesem ASK ASHBURTON "Luft" holt.
Schade, dass hier kaum keiner schreibt.
Naja, vielleicht wird das noch.
Wäre wichtig, wenn wir heute einen SK von über 00,40 in Frankurt
bekommen.

[Gelfling]

Test

[Gelfling]

Guten Abend ASHIES
war heute nicht der stärkste Umsatztag.
Habe mir heute eigentlich einen positiveren Verlauf erhofft. Wir werden sehen, wie und was die Australier uns vorlegen.
Lassen wir uns überraschen, ob es drüben beim "Luftholen" bleibt.
Würde mich schon interessieren, warum hier zur Zeit kein
Interesse an dieser Aktie besteht.
Die Aussichten sind doch nicht schlecht, oder habe ich da etwas
falsch verstanden?

[Gelfling]

Guten Morgen ASHBURTON-Gemeinde
In Australien ist es bei ASHBURTON ruhig;hier ist es soweit stabil.

Wie ich schon sagte: Wäre wichtig, nachhaltig über 00,41€ zu kommen
Hoffe, dass das Mal langsam gelingt.
Verdient haben es sich bestimmt hier die Meisten (im wahrsten Sinne des Wortes).

Derzeitig in Australien:
Kurs: 0,063 AUD (00,37€)

Gehandelt: 00.000 Aktien
BID.: 0,063 (00,37€) 37.000 Aktien
ASK.: 0,070 (00,41€) 30.270 Aktien


ASHBURTON: AUF EINEM RICHTIG GUTEN WEG

[evens]

Serwas Gelfling,

find das echt ne tolle Sache, dass du den Thread am leben erhältst.
Wenn man von Ash mal ein bißchen mehr hören würde, dann denk ich wär hier auch mehr los (gelesen: 112). Na vielleicht wirds bald mal was.
Stehn bei Ash demnächst wieder News an?
Schön wäre auch mal ne Empfehlung von nem einigermaßen seriösen Börsenbrief!

Immer dranbleiben

[Gelfling]

Antwort auf Beitrag Nr.: 21.765.358 von evens am 23.05.06 21:52:13

Guten Morgen EVENS und ASHBURTON-Gemeinde

dass schöne hier momentan ist, dass ich jeden persönlich
begrüßen kann.
Deshalb bekommst Du einen Smilie extra.
In Australien scheint ASHBURTON weiterhin "Luft" zu holen, um über
die Hürde von 00,70 AUD zu kommen.

Wie ich schon sagte: Wäre wichtig, nachhaltig über 00,41€ zu kommen
Kann doch eigentlich nicht schwer sein.


Derzeitig in Australien:

Unverändert
Kurs: 0,063 AUD (00,37€)

Gehandelt: 00.000 Aktien
BID.: 0,063 (00,37€) 37.000 Aktien
ASK.: 0,070 (00,41€) 30.270 Aktien


ASHBURTON: AUF EINEM RICHTIG GUTEN WEG

[Gelfling]

Da bin ich noch Mal kurz.
Sieht doch stabil aus, auch wenn fast keine Umsätze hier sind.
Ich denke auch, dass es gut ist, die Aktien nicht zu verkaufen,
sondern wenn, zu kaufen.
Scheinbar verbrennen sich die "Verkäufer" hier immer wieder die
Finger (find ich gut).

[Gelfling]

Guten Tag

Kurs: 0,063 AUD (00,38€)

Gehandelt: 00.000 Aktien
BID.: 0,063 (00,38€) 37.000 Aktien
ASK.: 0,069 (00,41€) 32.500 Aktien

Bemerkung:

Keiner, der drüben verkauft,
keiner, der drüben kauft.

[Gelfling]

Guten Abend






Geduld x Ergebnisse/ASHBURTON MINERALS=€€€€€€€€€€

(hatte ich schon Mal geschrieben)
Schönes Wochenende Euch Allen und sehen wir optimistisch
in die nächste (ASHBURTON) Woche.

[hellen09]

Antwort auf Beitrag Nr.: 21.826.153 von Gelfling am 26.05.06 21:49:36

Hallo Gelfling,
da hält aber einer wirklich die Stange hier im Thread hoch.
Ich selbst, habe mich schon lange nicht mehr mit Ash. M. beschäfftigt, da ich hierbei ein ordentliches Verlustgeschäft geordert hatte. Nun bin ich wieder mal aus lager Weile, auf diesen alten Bekannten gestoßen.
Ich bin 2004 bei 0,11 cent eingestiegen und habe dann 2005 bei 0,07 cent das Handtuch geschmissen.
Aber nun ist sie vielleicht wieder eine Überlegung wert ???? Schließlich wurde sie ja mal im Aktionär, bei 0,10 cent zum Kauf mehrfach empfohlen (übrigends mit Kursziel 1 Euro)!! Daran darf ich garnicht denken.
Wie siehts mit dem Projekt in Brasilien aus und was gibt es sonnst neues zu berichten ??
Übrigends, was hältst Du so von Mindoro Res. LfD.????

MfG Hellen

[Gelfling]

Antwort auf Beitrag Nr.: 21.848.328 von hellen09 am 28.05.06 14:42:15

Guten Tag ASHIES


Kurs: 0,062 AUD (00,37€) (-0,001AUD)

Gehandelt: 44.276 Aktien
BID.: 0,062 (00,37€) 37.000 Aktien
ASK.: 0,069 (00,41€) 32.500 Aktien

Bemerkung:
In Australien alles stabil.

Das ASK steht weiterhin auf 00,69. Wer drüben die Aktie kaufen will, der muss sich schon etwas
strecken.
Gute Aktien kosten, obwohl meiner Meinung nach ASHBURTON-MINERALS
viel zu günstig ist.

[Gelfling]

Antwort auf Beitrag Nr.: 21.848.328 von hellen09 am 28.05.06 14:42:15

Hallo und guten Tag hellen 09

"Der Aktionär" stufte ASHBURTON vor einiger Zeit "hoch spekulativ hold".
Zwischenzeitlich gibt es seitens ASHBURTON ein paar NEWS;
stehen hier auch, sind vom "Der Aktionär" nicht berücksichtigt.
Also, sieht es schon wieder anders aus.
(Was geschrieben wird, ist oft von gestern und somit alt.)

BIMI 66 hatte diese Information sofort "gebeamt".
Das ist das schöne hier: Jeder, der hier interessiert ist und
Infos hat, ob positiv oder negativ, stellt sie hier rein.

Schau auch auf die Homepage von ASHBURTON.
Deine Frage, ob Du hier erneut investieren sollst, werde ich nicht
beantworten. Da hilft nur: Informieren, auch wenn es schwer und
langweilig ist.Natürlich haben wir hier (fast) ALLE ein
gemeinsames Ziel.

Kurz zu MINDORO:
Dort bin ich seit langer Zeit dabei.
Wollte dort noch aufstocken, habe aber, nachdem ich mich über
ASHBURTON-MINERALS informiert habe, hier investiert.
Nun rate Mal, warum.........

[evens]

Wer verkauft den 1700 Aktien bei 0,036?
Hat wohl dringend Geld gebraucht!

[Gelfling]

Antwort auf Beitrag Nr.: 21.861.831 von evens am 29.05.06 16:59:25

Hallo evens
die Äpfel sollten erst dann geerntet werden, wenn sie reif sind,
sonst kann es Magenschmerzen geben.

[Gelfling]

Guten Tag

drüben geht es runter, hoffe, wir bleiben trotzdem hier munter.
Müssen ja nicht alles nachmachen, zudem es keinen Grund gibt.
In Australien wurde ASK/hiesigem Kurs von gestern angepasst.

ASK zuvor dort: 00,69AUD- in der Hoffnung, über 00,70 zu kommen.
Wäre ja gut gewesen. Wird halt verschoben.
Also, diejenigen, die an steigenden Kursen interessiert sind
werden hoffentlich......(zumindest locker bleiben)

Kurs: 0,057 AUD (00,34€)

Gehandelt: 187.334 Aktien
BID.: 0,057 (00,34€) Aktien
ASK.: 0,065 (00,39€) Aktien

[Gelfling]

MACD: BULLISH
Fehlen nur noch die Umsätze.....

[Gelfling]

Antwort auf Beitrag Nr.: 21.869.771 von Gelfling am 30.05.06 10:47:05

Umsätze, wo seid ihr.......

[Gelfling]

Guten Morgen ASHIES



AUSTRALIAN
Exploration Review
June 2006
The Resources Express: gold plated and nuclear powered
BLUE BOOK SERIES
Quarterly
Quarterly Exploration Review June 2006
page 2 of 60 Copyright © 2006 Aegis Equities Holdings Pty Limited. All Rights Reserved.
Contents
This is an extract from the June 2006 Quarterly Exploration Review.
IMPORTANT NOTICE
Aegis has been commissioned to produce this report.
Disclaimer & Disclosure of Interests
This publication has been prepared by Aegis Equities Research Pty Limited (ACN 085 293 910, AFSL no.
225072) (‘Aegis’), an Australian Financial Services Licensee. Aegis has been commissioned to prepare this
independent research report (the “Report”) and will receive fees for its preparation. Each company
specified in the Report (the “Participants”) has provided Aegis with information about its activities. Whilst
the information contained in this publication has been prepared with all reasonable care from sources that
Aegis believes are reliable, no responsibility or liability is accepted by Aegis for any errors, omissions or
misstatements however caused. Any opinions, forecasts or recommendations reflects the judgment and
assumptions of Aegis as at the date of publication and may change without notice. Aegis and each
Participant in the Report, their officers, agents and employees exclude all liability whatsoever, in
negligence or otherwise, for any loss or damage relating to this document to the full extent permitted by
law. This publication is not and should not be construed as, an offer to sell or the solicitation of an offer to
purchase or subscribe for any investment. Any opinion contained in the Report is unsolicited general
information only. Neither Aegis nor the Participants are aware that any recipient intends to rely on this
Report or of the manner in which a recipient intends to use it. In preparing our information, it is not
possible to take into consideration the investment objectives, financial situation or particular needs of any
individual recipient. Investors should obtain individual financial advice from their investment advisor to
determine whether opinions or recommendations (if any) contained in this publication are appropriate to
their investment objectives, financial situation or particular needs before acting on such opinions or
recommendations. This publication is not for public circulation or reproduction whether in whole or in part
and is not to be disclosed to any person other than the intended recipient, without obtaining the prior
written consent of Aegis. Aegis and/or each Participant, their officers, employees or its related bodies
corporate may, from time to time hold positions in any securities included in this Report and may buy or
sell such securities or engage in other transactions involving such securities. Aegis and the Participants,
their directors and associates declare that from time to time they may hold interests in and/or earn
brokerage, fees or other benefits from the securities mentioned in this publication.
Aegis, its officers, employees and its related bodies corporate have not and will not receive, whether
directly or indirectly, any commission, fee, benefit or advantage, whether pecuniary or otherwise in
connection with making any statements and/or recommendation (if any), contained in this Report. Aegis
discloses that from time to time it or its officers, employees and related bodies corporate may have an
interest in the securities, directly or indirectly, which are the subject of these statements and/or
recommendations (if any) and may buy or sell securities in the companies mentioned in this publication;
may effect transactions which may not be consistent with the statements and/or recommendations (if any)
in this publication; may have directorships in the companies mentioned in this publication; and/or may
perform paid services for the companies that are the subject of such statements and/or recommendations
(if any).
However, under no circumstances has Aegis been influenced, either directly or indirectly, in making any
statements and/or recommendations (if any) contained in this Report.
The information contained in this publication must be read in conjunction with the Legal Notice that can be
located at http://www.aer.com.au/disclaimer.asp.
Quarterly Exploration Review June 2006
page 21 of 60 Copyright © 2006 by Aegis Equities Holdings Pty Limited. All Rights Reserved.
Status:
Ashburton Minerals Limited
ASX Code: ATN
Core Commodity Gold
Price (as at 19-May-06) $0.07
Market Cap $5.5M
Cash (as at 31-Mar-06) $1.5M
Cash / Share $0.02
Shares Traded ($M pa) $1.9M
Top Shareholders
ANZ Nominees 50.0%
Red Peaks Pty Ltd 4.0%
Summary activity for the current quarter Quantity Budget
Soil/Rock Chipping 200 $0.1M
RAB
RC/Diamond 2,000m $0.1M
Assays 1,000 $0.0M
Geophysics
Other GIS, mapping $0.1M
Total Expenditure $0.3M
Pontes e Lacerda
Location Brazil
Commodity Gold
Style Vein/Shear
Ashburton has secured a three year option over a series of gold prospective
tenements in western Mato Grosso state through wholly owned subsidiary Trans
Pacific Gold Mineracao Ltda. Included in the package is the Lavrinha prospect
that contains old garimperio workings and previous high grade drill intercepts
such as 4 m @ 16.36 g/t and 4 m @ 19.22 g/t. TPGM is mobilising a drill rig to
site in late May to carry out initial drilling with a view to establishing a JORCcompliant
resource at the prospect.
Cuiaba Gold Project
Location Brazil
Commodity Gold
Style Vein/Shear
Ashburton entered into an option and joint venture agreement with AIM-listed
Minmet plc over that company's Cuiaba gold tenements. Ashburton, through
TPGM, is to take over management of the project and will gain access to a large
amount of regional exploration data accumulated by Minmet. Ready drilling
targets exist at several sites of extensive garimperio exploitation of quartz veins
in Proterozoic sediments. Longer term exploration will focus on large
disseminated deposits of the Paracatu and Carlin type.
Brazil Tailings JV
Location Brazil
Commodity Gold
Style Tailings
Evaluation of artisinal gold tailings sands continued during last quarter with
several additional dams drilled with the aid of an aircore rig in which Ashburton
has a 50% interest. The tailings sands are the by-product of gravimetric
recovery and have not previously been treated by cyanide.
Aegis Equities Comments
Projects: ATN has established two new project areas with local companies. Both focus on hard rock gold deposits where
manual gold workings occur. Exploration of the identified drilling targets at Cuiba project will begin immediately. At Pontes e
Lacerda ATN is mobilising a drilling rig to drill out the extensions of the Lavrinha deposit. Tailings drilling has recommenced
with improved sample recovery rates following equipment modifications to enable more efficient exploration.
Potential: The two hard rock gold projects provide ATN with access to mineralised ground. The artisan workings at both are a
clear indication of gold bearing mineralisation and old drilling records at Lavrinha recorded several significant intersections.
While there is not sufficient data for a JORC estimate ATN believes Lavrinha could host a 200k - 300k oz gold deposit. The
gold-bearing tailings areas have a mining history dating back to 1700s. The tailings work is only ATN's first step in a plan to
expand its activities in Brazil.
Overall: ATN is focused on opportunities in Brazil, it divested all its Australian assets except the prospective ground in the
Ashburton basin. ATN has finalised the 50% acquisition drilling contractor Transdrill. The benefit of this arrangement is already
being realised. The ability to provide exploration drilling is rare in Brazil. The two new project partnerships reflect ATN's
capacity to bring a unique ability and expertise to its local partners.
Share price performance
0.00
0.05
0.10
0.15
0.20
May-05 Sep-05 Jan-06 May-06
$
Source: IRESS
Tom Dukovcic (Managing Director)
61 8 9266 0300
www.ashburton-minerals.com.au
Level 6, 33 York Street
Sydney NSW 2000 Australia
Locked Bag 7 Australia Square
Sydney NSW 1215
Phone [phone]
Fax [phone]
ABN 72 085 293 910
www.aer.com.au

[Gelfling]

Kurs: 0,057 AUD (00,34€)

Gehandelt: 000.000 Aktien
BID.: 0,063 (00,37€) Aktien
ASK.: 0,064 (00,38€) Aktien

[Gelfling]

Rallye europäischer Rohstoffaktien hat noch Schwung
Nach dem jüngsten Kursrutsch rechnen Experten schon bald wieder mit steigenden Notierungen - Titel sind günstig bewertet

Amsterdam - Die Aktien europäischer Metallproduzenten und Bergbaukonzerne haben gute Chancen sich von ihrem Einbruch in der vergangenen Woche - es war der größte seit mindestens 14 Jahren - zu erholen. Denn wegen der Aussichten auf satte Unternehmensgewinne gelten Rohstoffaktien bei Anlegern nach wie vor als eine gute Wahl. "Die Titel von Bergbauunternehmen sind immer noch unwiderstehlich", sagt Richard Robinson, Fondsmanager bei Ashburton. "Sie sind attraktiv bewertet und haben hervorragende Gewinnaussichten, da die enorme Nachfrage nach Rohstoffen anhält, bei weiterhin knappem Angebot."

Angesichts neuer Besorgnis, daß in den USA weitere Leitzinsanhebungen anstehen, gerieten vergangene Woche die Aktienkurse der Rohstoffriesen BHP Billiton und Anglo American ins Trudeln. Und auch die Metallpreise sackten ab. Der Dow Jones Stoxx 600 Basic Resources Index, der die Aktien von 24 Rohstoffproduzenten abbildet, rutschte 13 Prozent ab, dies ist der größte Einbruch seit seiner Einführung 1992. Die Rohstoffbranche führte die Kursverluste in ganz Europa an. Der marktbreite Stoxx 600 verzeichnete mit minus 4,5 Prozent den größten Wochenverlust seit dem Beginn des Rohstoffbooms im März 2003.
In den vergangenen drei Jahren hatten sich die Aktienkurse von Rohstofflieferanten fast verdreifacht, angetrieben durch das enorme Wirtschaftswachstum von Schwellenländern wie China. Vor den Einbruch waren die Preise von Kupfer, Platin, Nickel und Zink im Mai auf Rekordniveaus und der Goldpreis auf ein 26-Jahres-Hoch geklettert. Citigroup hatte am Dienstag vergangener Woche die Kursziele für Bergbaukonzerne angehoben, mit der Begründung, daß diese Konzerne von den relativ niedrigen Lagerbeständen profitieren würden. Die Analysten der Credit Suisse zogen am folgenden Tag nach und rieten Anleger zum Kauf von Rohstoffaktien. Gemessen an den letztjährigen Gewinnen, sind die Rohstoffaktien preiswerter als die im marktbreiten Stoxx 600 abgebildeten Werte. Noch günstiger sind sie auf Basis der für das laufende Jahr erwarteten Gewinne: Im Schnitt werden die Aktien von Rohstoffunternehmen zum zwölffachen des erwarteten Gewinns gehandelt. Zum Ende des Jahres 2005 lag das Kurs-Gewinn-Verhältnis (KGV) noch bei 14,2. Das KGV für den erwarteten Gewinn der Aktien im Stoxx 600 fiel über denselben Zeitraum von 15 auf 13,5.

Der weltgrößte Bergbaukonzern, BHP Billiton hat den Kursrutsch der eigenen Aktie genutzt, um einen geplanten Aktienrückkauf im Volumen von zwei Mrd. Dollar durchzuziehen. Auch die Nummer zwei und drei, Anglo American und Rio Tinto kaufen Aktien zurück. "Die Bergbaukonzerne tun gut daran, ihre enorme Liquidität in Aktien umzuwandeln", sagt Roger Nightingale, Stratege bei Millennium Global Investments in London. Dank höherer Gewinne haben die Rohstoffunternehmen mehr finanziellen Spielraum, um - über die Aktienrückkäufe hinaus - Dividenden auszuschütten, Minen zu entwickeln und neue Vorkommen zu erforschen.

"Wir befinden uns mitten in einer riesigen Rallye", sagt Patrick Casselman von KBC Asset Management in Brüssel. "Es gibt nicht nur eine fundamentale Nachfrage aus China. Auch die spekulative Nachfrage nach Rohstoffen und Bergbauwerten seitens der Investoren ist enorm." Fondsmanager Robinson ist ebenfalls zuversichtlich, daß die Rallye der Rohstoffwerte noch lange nicht zu Ende ist "Die Rohstoffrallye läuft erst seit drei Jahren", so Robinson. "Und im Vergleich zu Europa hat die Industrialisierung Chinas, Indiens und einiger Länder des Mittleren Ostens gewissermaßen erst begonnen."

Die Unternehmen im Basic Resources Index verzeichneten im Schnitt 58 Prozent höhere Gewinne im vergangenen Jahr, mehr als das Doppelte der Gewinnsteigerung bei den Stoxx 600-Unternehmen, die im Schnitt bei 24 Prozent lag. Für dieses Jahr erwarten Analysten einen Gewinnzuwachs von 18 Prozent für die Branche bei plus elf Prozent für die marktbreiten Unternehmen. Bloomberg (22.05.2006)

[Gelfling]

ASHIES

vielleicht muss erst ein Börsenbrief über ASHBURTON-MINERALS
schreiben, was wir bereits schon wisssen, aber hier keiner
umsetzt?

Warten wir mal, wie Australien nachher handelt.

[evens]

Die sollten halt mal nen Börsenbrief dafür bezahlen!
Andere "Klitschen" machen das doch auch!
Promotion und Publicityarbeit heißt das glaub ich heutzutage!

Ansonsten bin ich weiter guter Dinge. Solange die 3,6 Cent halten, ist alles im grünen Bereich!

[Gelfling]

Hallo evens
Du bist schon ein wenig der Zeit voraus.
Ich denke aber auch, dass früher oder später die 0,36€ halten werden.

[Gelfling]

So, da bin ich wieder Mal "rein zufällig"

Kurs: 0,067 AUD (00,39€)

Gehandelt: 86.668 Aktien

Bemerkung:
MACD: Stark und bullish.
AUD heute stärker (1,7059) derzeitig.

Meine "Seite" mit den aktuellen BID/ASK aus Australien ist unauffindbar.
Kann mir jemand helfen und eine entsprechende Seite nennen?
Würde uns hier sehr helfen (mir auch).

[Gelfling]

Antwort auf Beitrag Nr.: 21.888.563 von Gelfling am 31.05.06 14:01:53

Penny-Stock-Report schreibt heute ähnlich.


Der Boom im Rohstoffbereich beherrscht die Schlagzeilen. Sowohl die Preise als auch die Aktien, der in diesem Bereich tätigen Unternehmen, tendieren dramatisch nach oben. Grund hierfür ist die weltweite Nachfrage nach Rohstoffen und besonders die steigende Nachfrage Chinas, kann für einen weiteren Anstieg der Rohstoffpreise sorgen. Die Erforschung von Rohstoffvorkommen ist aufwendig und kann bis zur Erschließung und Gewinnung der Rohstoffe, bis hin zum Aufbau der Infrastruktur, Jahrelang dauern. Die Rohstoff- preise befinden sich derzeit in Rekordhöhe. In den letzten Wochen gab es zwar eine gesunde Korrektur an den Edel- metall- und Ölmärkten, die nach den zuletzt stark gestiegenen Preisen aber auch dringend notwendig war. Die Preise für Kupfer und Zink hatten sich allein seit Jahresbeginnfast verdoppelt. Die Rückgänge sollten aus fundamentalen Gründen jedoch lediglich kurzfristiger Natur sein. Die Experten schätzen, dass der Bullenmarkt bei Rohstoffen noch nicht vorbei ist.

(Bin kein Abonnent dieses BB, habe aber einen guten Anderen)!


Wieso tut sich denn hier immer noch nichts?

[Gelfling]

Guten Tag ASHBURTONS
Kurs in Australien: 0,067 AUD (00,39€)

[Gelfling]

Guten Abend allerseits
hätte hier heute etwas besser laufen können.
Die SK Frankfurt/München sind o.k.

Um nachhaltig über die 00,41€ zu kommen, brauchts scheinbar noch
etwas.
MACD: Unverändert stark/bullish.
Zuversicht ist angesagt.
Lest Euch ruhig mal die INFOS und die letzten NEWS von ASHBURTON durch, dann müsstet Ihr auch zu dem gleichen Ergebnis kommen.


Warten wir, was Australien macht.
Finde ich zwar nicht gut, da wir eigentlich hier eigenständig
sein sollten und NEWS selbst lesen können; naja, was solls.

Frohes Pfingstfest
Bis nächste Woche
GELFLING

[Gelfling]

Guten Tag ASHIES


Kurs: 0,059 AUD (00,34€)

Gehandelt: 26.000 Aktien
BID.: 0,059 (00,34€) 7332 Aktien
ASK.: 0,067 (00,39€) 54000 Aktien

drüben geht es runter, hoffe, wir bleiben trotzdem hier munter.
Müssen ja nicht alles nachmachen, zudem es keinen Grund gibt.
In Australien wurde ASK/hiesigem Kurs von gestern angepasst, bzw.
Notierung etwas höher als gestern in Frankfurt (gut).

ASK zuvor dort: 00,67AUD- in der Hoffnung, über 00,70 zu kommen.
Wäre ja gut gewesen. Wird halt verschoben.
Also, diejenigen, die an steigenden Kursen interessiert sind
werden hoffentlich......(zumindest locker bleiben)

Be m e r k u n g:
Der o.a. Text dürfte Euch bekannt vorkommen.
Den habe ich fast vom 30.05.2006 wieder übernehmen können.
Es handelt sich "mal" wieder um einen kleinen Test von drüben.
Immerhin mit dem gewaltigen Volumen von insgesamt 26000 Shares.
Ist schon ganz nett und witzig gemacht.

Hier, vorab in München, haben wir einen Kurs derzeitig von 0,040€.
Sieht weiterhin alles ganz gut und stabil aus.
Sollte es hier so bleiben, werden die ASHIES drüben wieder deutlich
nach oben korrigieren müssen.
Wie heisst es doch gleich: Wer hungrig ist, kommt an den gefüllten Napf.
Denke, dass ich mit meiner Meinung weiterhin auf dem richtigen
Weg bin.


ASHBURTON: AUF EINEM RICHTIG GUTEN WEG

[Gelfling]

Die Australier scheinen ihen Mini-Test beendet zu haben.
Haben sich noch irgendwie hochgehangelt.


Kurs: 0,067 AUD (00,39€)

Gehandelt: 44.000 Aktien
BID.: 0,059 (00,34€) 7332 Aktien
ASK.: 0,067 (00,39€) 44000 Aktien

Bemerkung:
Wer hungrig ist, kommt an den gefüllten Napf
(der Hunger, so meine Meinung, kommt erst noch richtig)
Die Australier machen mich bald noch wuschig.
Sollen sie doch endlich Mal richtig in Gang kommen (wir aber auch).

[Gelfling]

Antwort auf Beitrag Nr.: 21.964.095 von Gelfling am 06.06.06 11:46:36

Kleiner Irrtum meinerseits:
Gehandelte Aktien in Australien: 36000.
Sorry

[Gelfling]

Guten Morgen

Derzeitig in Australien:
Kurs: 0,067 (00,39€)

Gehandelt: 000.000 Aktien
BID.: 0,059 (00,34€) 7.332 Aktien
ASK.: 0,067 (00,39€) 57.334 Aktien

Bemerkung:
==========

Weder Verkaufsdruck, noch Kaufinteresse momentan.
Wollen wir Mal sehnen, wie es insgesamt heute hier wird.
Wenn hier Mal ein richtiger Handel einsetzen würde, hätten
wir endlich die 00,41€ endlich hinter uns.
Bei den Australiern sind es die 00,72AUD.
Ist alles stabil (was wollen wir mehr).
Steigende Kurse sehen, ist doch klar.
Was müssen wir dafür tun?

Wünsche Euch einen schönen Tag.

GELFLING

[Gelfling]

Guten Tag Leute

Derzeitig in Australien:
Kurs: 0,067 (00,39€)

Gehandelt: 000.000 Aktien
BID.: 0,059 (00,34€) 7.332 Aktien
ASK.: 0,066 (00,39€) 102.685 Aktien

Bemerkung:
ASK von 00,67 auf 00,66, dafür 102.685 Aktien.
Sieht gut und stabil aus.
Weiterhin die Möglichkeit günstig zu kaufen/akkumulieren.
Bis denne

[Gelfling]

Schaut Euch Mal viele andere Explorer an.
Die schaufeln sich gegenseitig raus.
Von daher können wir hier locker bleiben
(natürlich bin ich über die betroffenen Investierten der anderen Explorer bestimmt nicht schadensfroh).

[evens]

Das will ich aber auch hoffen!
bin bei Digital Ecosystems auch dabei!

da lob ich mir doch unseren Ash! (da haben wirs schon hinter uns)

[Gelfling]

Antwort auf Beitrag Nr.: 22.011.155 von evens am 08.06.06 17:06:51

Guten Tag evens
endlich Mal wieder Besuch hier.
Der Tag ist gerettet.
Deine DE gehen vielleicht noch runter bis 2,00€.
Wäre sowieso fällig, bei dem Anstieg.
(Aktien atmen-müssen auch ausatmen)
Da ist wenigstens richtiger Umsatz.

Zu unserer ASH:
Habe Mal nachgeschaut.
Die ist wirklich sehr stabil (gute Anzeichen für einen Anstieg,
wenn richtig Volumen reinkommen würde).
ASH hat ja auch nun wirklich einiges nachzuholen!

Einer hat allen Ernstes zunächst 10.000 ASH verkauft=0,036€
danach jemand 1.000 ASH gekauft=00,38€,
danach jemand 20.000 ASH verkauft=00,36€,
danach jemand 1.000 ASH gekauft=00,38€,
danach jemand 500 ASH gekauft=00,38€.

Ob sich dieser Jemand, der verkauft hat, ärgert.
So kann man auch sein Geld auch verbrennen.

ASHBURTON: STABIL.

[Gelfling]

Genauso habe ich es (und ich glaube nicht nur ich)
mir gewünscht.
Kurz vor Börsenschluß in Frankfurt wurden zwar nicht
so viel, wie ich erhoffte, verkauft,(50.000) aber immerhin.
Hoffe, dass der Verkäufer mitliest.
Morgen spielen wir die sogenannte "STILLE HOCHZEIT".
Danke

[Gelfling]

Guten Morgen ASHBURTONS

Derzeitig in Australien:
Kurs: 0,056 (00,33€)

Gehandelt: 55.700 Aktien
BID.: 0,056 (00,33€) 90.000 Aktien
ASK.: 0,064 (00,38€) 57.334 Aktien

Bemerkung:
Immer schön locker bleiben.......
Mein Mittel für heute:
Warts (Warz) ab.

[gordonshoumway]

moin, ich hab mir au nochmal en paar ins nest gelegt bei 0,036 kann man ja nicht viel falsch machen.

[aufgeklaerterLemming]

!

Dieser Beitrag wurde vom System automatisch gesperrt. Bei Fragen wenden Sie sich bitte an [e-mail]

[Gelfling]

Habe ich von einem netten USER aus einem anderen Thread:

Posted by: Arturo_Bechstone
In reply to: None Date:6/2/2006 4:21:56 AM
Post #of 430

Dear community,

I was suspended from posting at a German message board after I have posted some facts about promoters in general and some promoters who are related to the latest hype in De Beira Goldfields (DBGF). You have to know that as many as 7 (in words "seven" promoters and/or magazines are involved in the above mentioned Frankfurt-play:

- Bullvestor
- Boersenspion
- Commodity Stock Investor
- Blue Sky Level
- Markus Frick
- Rohstoffraketen
- FOCUS Money

In order to intensify the hype the touts cite each other in their publications and some touts (Bullvestor, Rohstoffraketen and BlueSkyLevel) send out several eMail updates a week.

A lot of users of the German message board asked me about my suspension via Boardmail. Due to my suspension I wasn\\'t able to reply to them and for that reason I choose to take this detour of posting at investorshub. Please find the postings that might caused my suspension below:

--------------------------------------------------------------------

#27 von Art Bechstein 01.06.06 12:22:41 Beitrag Nr.: 21.902.217
Dieses Posting: versenden | melden | drucken | Antwort schreiben DE BEIRA GOLDFIELDS INC. REGISTERED SHARES


Interessant ist, dass der Director der Gesellschaft, die den Pusherdienst BlueSkyLevel publiziert, gleichzeitig Redakteur bei FOCUS Money ist. So hat FOCUS Money natürlich auch die BlueSkyLevel Werte empfohlen - Beispiele Califonia O+G, Aurora Gold und zuletzt De Beira. Ich weiß ja nicht, was die FOCUS Money Redaktionsleitung tun würde, wenn sie wüßte, dass einer ihrer Redakteure bei einem Bezahl-Pusherdienst involviert ist und die Werte dann auch bei FOCUS Money empfohlen werden....Fakten Fakten Fakten

---------------------------------------------------------------

Translation of the first posting: Explanation; BlueSkyLevel.com is a recently introduced newsletter service with a very aggressive style (lots of eMail updates and blatant "analysis"

The director of the company that operates/publishes BlueSkyLevel.com concurrently is editorial journalist of FOCUS Money (a German financial magazine). FOCUS Money recommended the same stocks than BlueSkyLevel for example California Oil+Gas, Aurora Gold and lately De Beira. I\\'m not sure if FOCUS Money\\'s head of editorial office would be amused, if he/she knew that one of their editor\\'s staff is involved in a pay-stock-service (1 year subscription fee 780 Euro) and that stocks were/are concurrently recommended at both media.



------------------------------------------------------------------

The second posting applies not necessarily to De Beira but to the stock-promotion activities in Germany in general. All information posted below are taken from public sources and the reader should draw his own conclusions:

----------------------------------------------------------------

Der Mann, der die Drähte hier in Europa zieht, ist Pascal Geraths mit seiner IR-Agentur in Salzburg. Er hat IR-Mandate gegen Entgelt übernommen, u.a. bei folgenden Gesellschaften (ohne Anspruch auf Vollständigkeit); der Regelpreis liegt bei 7.500 EUR/mtl meist für einen 6-Monatszeitraum (Quelle: Publikationen der Gesellschaften):

Thor Mining
Maudore
Mawson
Moto Goldmines
Buffalo Gold
Energulf
Amera
Torunigan
Bayswater
Exeter
Rare Element Resources
Vena Resources
Lalo Ventures
Grizzly Diamonds
Newmac
Red Rock Resources
Batavia Mining


Bei diesen Gesellschaften hat er Aktien Optionen erhalten (ohne Anspruch auf Vollständigkeit):

Red Rock 750.000 Optionen 3 GBp
Grizzly Diamonds 150.000 Optionen
Thor Ming 1.000.000 Optionen 3,75 GBp
Rare Element 250.000 Optionen 0,55 C$
Newmac 100.000 Optionen 1,50 C$
Buffalo 100.000 Optionen 0,80 US$
Batavia 4.000.000 Aktien
ISX Resources 125.000 Optionen 0,40/0,50 C$


Diese Gesellschaften, die von Geraths betreut werden, hat der Bullvestor empfohlen:

Thor Mining
Mawson
Moto Goldmines
Buffalo
Energulf
Amera
Tournigan
Exeter
Grizzly Diamonds
Batavia


Bullvestor hat gemäß Disclaimer für die Empfehlungen weder eine Vergütung von den jeweiligen Gesellschaften bekommen, noch von dritter Seite. Mal ehrlich, da würde ich lieber Pascal Geraths sein...


Auch andere Werte, die von Geraths betreut werden/wurden, sind von einschlägigen Pusherpostillen empfohlen worden:

Maudore
Bayswater
Vena Resources
Lalo Ventures
Newmac

und viele davon doppelt und dreifach


Denkt mal drüber nach !!!

---------------------

I give you a translation of the second posting:

Pascal Geraths, head of an Austrian investor relations service occupies a central position within the promotion business over here in Europe. Geraths through his company acquires investor relation mandates and usually gets a monthly payment of 7,500 Euro for a six month period and/or receives additional shares options or shares as payment. I listed the companies (this list is not exhaustive), where he has taken such orders:

Thor Mining
Maudore
Mawson
Moto Goldmines
Buffalo Gold
Energulf
Amera
Torunigan
Bayswater
Exeter
Rare Element Resources
Vena Resources
Lalo Ventures
Grizzly Diamonds
Newmac
Red Rock Resources
Batavia Mining


The following companies granted stock options or issued shares to Geraths (this list is not exhaustive):

Red Rock 750.000 Optionen 3 GBp
Grizzly Diamonds 150.000 Optionen
Thor Ming 1.000.000 Optionen 3,75 GBp
Rare Element 250.000 Optionen 0,55 C$
Newmac 100.000 Optionen 1,50 C$
Buffalo 100.000 Optionen 0,80 US$
Batavia 4.000.000 Aktien
ISX Resources 125.000 Optionen 0,40/0,50 C$ in conjunction with a placement


The following companies that are/were attended by Geraths have been recommended by Bullvestor, a very aggressive stock tout as well from Austria:

Thor Mining
Mawson
Moto Goldmines
Buffalo
Energulf
Amera
Tournigan
Exeter
Grizzly Diamonds
Batavia


According to Bullvestors disclaimer they havn\\'t received a compensation neither from the recommended companies nor by any third parties.


Some of the other companies mentioned above were attended by Geraths and have/had a comprehensive exposure in German message board and media coverage:

Maudore
Bayswater
Vena Resources
Lalo Ventures
Newmac

lot\\'s of them in more than one tout magazine.


Just think about it !!!

--------------------------------------------------------

Cheers

Arturo



Nun, was sagt uns das.............


===========================================
Und was noch?
Einstiegskurse h i e r natürlich weiterhin.
Mehr als Schreiben kann ich es Euch nicht!!!
Lest die letzten Nachrichten...........und auch wo (Gebiete) ASHBURTON tätig ist.

Vielleicht gibt es jemanden, der Mal seine Meinung sagt und Alles
anders sieht als ich und mich attakiert (oder muss ich das auch
noch selber machen?)

GELFLING

[Gelfling]

Guten Morgen

heute ist in Australien Feiertag.
Es handelt sich um den Geburtstag der Queen (nicht meiner).

Kurs wie zuvor:

Derzeitig in Australien:
Kurs: 0,056 (00,33€)

Gehandelt: 55.700 Aktien
BID.: 0,056 (00,33€) 90.000 Aktien
ASK.: 0,064 (00,38€) 57.334 Aktien

[Gelfling]

Guten Morgen ASHBURTON - Gemeinde

Derzeitig in Australien:
Kurs: 0,044 (00,26€)

Gehandelt: 97.334 Aktien
BID.: 0,044 (00,26€) 52.666 Aktien
ASK.: 0,052 (00,31€) 15.000 Aktien

drüben geht es (kurzfristig) richtig runter.
Müssen ja nicht alles nachmachen, zudem es keinen Grund gibt.

Also, diejenigen, die an steigenden Kursen interessiert sind
werden hoffentlich......(zumindest weiterhin locker bleiben)

Be m e r k u n g:
=================
Es handelt sich "mal" wieder um einen kleinen Test von drüben.
Nun, jetzt mit Mal mit einem Volumen von insgesamt 97.334 Shares.
Zahlen:
Eröffnung 00,56 AUD
00,56 AUD 20.000
00,52 AUD 40.000
00,52 AUD 30.000
00,44 AUD 7.334

Die zuvor gestellten 90.000 Shares aus dem BID wurden mit dem
letzten Trade aufgelöst bzw. unterschritten (7.334).
Deshalb momentan der Kurs 00,44 AUD.
Denke, dass wir hier weiterhin gute Stabilität haben.
Hier, vorab in München, haben wir einen Kurs derzeitig von 0,036€ = 00,61 AUD
Sollte es hier so bleiben, werden die ASHIES drüben wieder deutlich
nach oben korrigieren müssen.
Das ist bei diesen Werten so (wie ein Lämmerschwanz).
Jetzt bin ich Mal gespannt.

[Gelfling]

Glückwunsch an die nicht schussfesten Verkäufer

gibt es fundamentale negative News, oder handelt es sich bei den Verkäufern nur um ein paar Lemminge.
Diejenigen, die verkauft haben, kaufen hoffentlich wieder teuer nach.

Für mich ist es natürlich auch ärgerlich, aber kein Beinbruch.

Immer noch wichtig für mich: Wann überwinden wir endlich
nachträglich die 00,41 €?

Auch wenn der Markt insgesamt korrigiert, so gibt es hier keine
nachvollziehbare Erklärung.

[Gelfling]

Dia bom ASHIES
Derzeitig in Australien:
Kurs: 0,044 (00,26€)

Gehandelt: 000.000 Aktien
BID.: 0,044 (00,26€) 70.000 Aktien
ASK.: 0,052 (00,31€) 15.000 Aktien

München vorab:
00,35€ = 00,60 AUD

Bemerkung:
Es gibt, wie so oft, mehrere Möglichkeiten.

Den derartig zurückgekommenen Wert kaufen, da es wirklich keinen
fundamentalen Grund für so einen Abschlag gibt.

Den Wert zu verkaufen, weil alle Anderen das auch so machen und
später wieder einsteigen.

Alles so zu lassen, wie es ist (mit oder ohne Aktien).

Schönen Tag
GELFLING

[Gelfling]

Hier wieder die morgendlichen Daten

Derzeitig in Australien:
Kurs: 0,052 (00,31€) (+18,18%)
Gehandelt: 18.334 Aktien
BID.: 0,052 (00,31€) 85.000 Aktien
ASK.: 0,056 (00,33€) 60.000 Aktien

Bemerkung:
So ist das.
Mit "gewaltigen" Umsätzen von 18.334 Aktien auf +18,18%.

[boerseaugsburg]

Antwort auf Beitrag Nr.: 22.121.745 von Gelfling am 15.06.06 09:34:18

Ashburton society makes record net profit

9.40am Thursday June 15, 2006


Ashburton-based Loan and Building Society has made a record net profit of just over $1 million this year.

Net earnings rose 13 per cent for the year to March and shareholders were told they could expect a total dividend of 15c a share.

Loan society chairman George Brown said the results underpinned a year of strong growth for the listed company.

It staged a successful $3.8 million capital-raising exercise and opened an office in Rangiora in April.

Mortgage lending rose 22 per cent to $132 million with no bad debt write-offs.

[Gelfling]

Antwort auf Beitrag Nr.: 22.121.944 von boerseaugsburg am 15.06.06 09:48:01

Achja, da bin ich noch Mal
bei dem Posting handelt es sich nicht, wie ihr bereits
bemerkt habt, um unsere ASHBURTON-MINERALS.
Es dürfte sich um einen "Irrläufer" handeln, der versehentlich
hier gelandet ist.

Loan and Build Society befindet sich in der Stadt ASHBURTON.
Vermutlich deshalb die Verwechelung hier (macht nichts).
The Loan and Building Society is based in Ashburton and lends predominantly throughout the South Island. The Society lends against first mortgage securities over residential dwellings, farms and commercial property.

Bemerkung: Kann mir von EUCH bitte der Eine oder der Andere
========== sagen, was er von unserer ASH hält, und wieso
hier alles zur Zeit so zurückhaltend ist.
Ich verstehe und vor allem: ICH BEGREIFE ES NICHT

[Gelfling]

Antwort auf Beitrag Nr.: 22.129.027 von Gelfling am 15.06.06 16:28:07

Guten Tag ASHIES
zunächst vielen Dank für Eure Antworten hier im Thread.


Derzeitig in Australien:
Kurs: 0,052 (00,31€)
Gehandelt: 000.000 Aktien
BID.: 0,055 (00,32€) 85.000 Aktien
ASK.: 0,060 (00,35€) 60.000 Aktien

Bemerkung:
==========
K e i n e.

[gordonshoumway]

Antwort auf Beitrag Nr.: 22.141.703 von Gelfling am 16.06.06 08:42:36

was geht den hier????

ist das gesund?

der gordon

[Gelfling]

Antwort auf Beitrag Nr.: 22.197.131 von gordonshoumway am 21.06.06 07:52:31

Guten Morgen Gordon

Derzeitig in Australien:
Kurs: 0,049 (00,29€)
Gehandelt: 93.201 Aktien
BID.: 0,049 (00,29€) 1.799 Aktien
ASK.: 0,060 (00,35€) 16.001 Aktien
Spread: 20%

Bemerkung:
==========
Bleibt es heute hier positiv, dann wird der Kurs in Australien
morgen anziehen müssen.
Eröffnet wurde drüben mit 00,49 AUD.
Höchstkurs 00,52 AUD;
11 Trades.
Es kommt zumindest "etwas" Bewegung rein,
und mit dem "Drücken der Kurse" kennen wir ja.Spread: 20%

[Gelfling]

Guten Morgen

Derzeitig in Australien:
Kurs: 0,052 (00,30€)
Gehandelt: 76.937 Aktien
BID.: 0,052 (00,30€) 412.73 Aktien
ASK.: 0,059 (00,35€) 18.668 Aktien

Bemerkung:
Da gestern zuletzt in Frankfurt 19.000 Aktien verkauft wurden,
korrigierte der Kurs von 00,36€ auf 00,31€.
Danach hat sich der Kurs in Australien nicht so positiv entwickelt,
wie ich es mir dachte (siehe letztes Posting).
Wünsche Euch Allen einen angenehmen Tag.

[evens]

Hallo Ashburton_Gemeinde,
Hallo Gelfling!

Kurs erholt sich wieder!
Jetzt wirds mal Zeit, dass wir die 4 Cent-Hürde nehmen!

[wumm11]

Antwort auf Beitrag Nr.: 22.230.774 von evens am 22.06.06 18:59:44

schönen guten abend allerseits,

habe nun auch mal eine mail, mit der bitte um neuigkeiten,an ashburton geschickt.

denke es könnte nicht schaden,wenn vielleicht auch ein paar andere mal bei ash anfragen würden !?

bin gespannt,ob ich auch eine antwort erhalte.

in diesem sinne.

schönen abend noch.

gruss

wumm11

[Gelfling]

Antwort auf Beitrag Nr.: 22.231.473 von wumm11 am 22.06.06 19:36:15

Sehr gute Idee

denke außerdem, dass demnächst, zumindest nach den letzten Mitteilungen
seitens ASHBURTON-MINERALS Neuigkeiten anstehen.
Da wäre es gut, wenn Ihr Euch die Zeit nehmt, ASHBURTON
anzuschreiben und die Antworten hier reinstellt.
Würde mich jedenfalls auch sehr freuen.

GELFLING

[Gelfling]

Guten Morgen ASHIES

Derzeitig in Australien:
Kurs: 0,053 (00,31€)
Gehandelt: 86.790 Aktien
BID.: 0,053 (00,31€) 4.940 Aktien
ASK.: 0,060 (00,35€) 143.667 Aktien
Spread: 13,5%.

Bemerkung:
==========

Wenn ich schreibe, dass es günstige Kurse hier sind, dann wird
verkauft.
Schreibe ich, es sind Kurse zum Verkaufen, dann wird gekauft.
Also schreibe ich gar nichts.
Schönes Wochenende.

Spread und ASK in Australien sagen ja einiges (gutes), oder?

[Gelfling]

Guten Tag ASHIES

Derzeitig in Australien:
Kurs: 0,051 (00,30€)

Gehandelt: 109.273 Aktien
BID.: 0,047 (00,27€) 131.000 Aktien
ASK.: 0,051 (00,30€) 39.060 Aktien


03:17:08 0,051 48333
02:46:39 0,052 39999
02:46:28 0,052 16001
02:00:15 0,053 940
02:00:15 0,053 4000
02:00:15 0,053 0


Bemerkung:
==========
Wieder Mal das Gleiche In Australien (s.o.)

Die Bohrungen u.a. Pocone dürften nun nach drei Monaten beendet sein.
Hierbei nehme ich Bezug auf ein Schreiben von ASHBURTON-MINERALS.
Jetzt fehlt nur noch die Veröffentlichung/Bekanntgabe der Ergebnisse.

[evens]

da wirds aber langsam mal Zeit!

[Gelfling]

Antwort auf Beitrag Nr.: 22.283.459 von evens am 26.06.06 17:32:55

Guten Tag ASHBURTONS

Derzeitiges Kursverhalten in Australien:
Kurs: 00,47AUD (0,027€)

Gehandelt: 123.334 Aktien
BID: 0,047AUD (00,27€) 7.666 Aktien
ASK: 0,051AUD (00,30€) 110.000 Aktien

Bemerkung:
keine

Ich wünsche Euch einen schönen Tag

[gordonshoumway]

gibet irgendwelche news die das ständige minus begünden oder wolln mich nur alle ärgern????

[Gelfling]

Antwort auf Beitrag Nr.: 22.298.784 von gordonshoumway am 27.06.06 15:21:37

Hallo Gordon
es gibt keine negativen News.
Es ist das Herunterdrücken des Kurses.
Wenn mit nur 909 Aktien der Kurs von 00,36 auf 00,31 gedrückt
wird, lassen wir uns vielleicht morgen noch weiter nach unten drücken.
Es liegt in unserer Hand.
Wäre es heute hier so bei 00,36€ oder mehr geblieben, hätten
die Australier wahrscheinlich sehr stark nach oben korrigiert.
Scheinen hier aber der Eine oder Andere nicht zu wollen.
Es könnte für uns hier jedenfalls einfacher sein.

[Gelfling]

Guten Morgen



Derzeitiger Kurs in Australien:
Kurs: 00,49AUD (0,029€)

Gehandelt: 7.290 Aktien
BID: 0,047AUD (00,27€) 7.666 Aktien
ASK: 0,049AUD (00,29€)28.062 Aktien

Bemerkung:
Wäre gestern nicht das riesige Paket von 909 Aktien in Frankfurt
verkauft worden, hätten wir in Australien ganz andere Kurse gesehen

Wäre, hätten, wenn,.......

Wenn ich schon die Stullen schmiere, essen müsst Ihr sie selber
(oder auch nicht).

Wünsche Euch Allen einen angenehmen Tag und lasst Euch nicht ärgern

[Gelfling]

Guten Morgen


Derzeitiger Kurs in Australien:
Kurs: 00,51AUD (0,030€)

Gehandelt:.........................206.289 Aktien
BID:.. 0,052AUD (00,30€)......3.711 Aktien
ASK: 0,052AUD (00,30€)....25.000 Aktien

[Gelfling]

Guten Morgen ASHIES

Derzeitiger Kurs in Australien:
Kurs: 00,60AUD (0,035€)

Gehandelt:.........................354.958 Aktien
BID:.. 0,050AUD (00,29€)...100.000 Aktien
ASK: 0,059AUD (00,35€)....59.683 Aktien

Schönes Wochenende wünsche ich Euch.
Bin wieder ab kommenden Donnerstag auf dem Schiff.
Vielleicht übernimmt hier jemand die Brücke.
Kann nichts passieren (Kompass und Kurs stimmen).
Also....................und tschüssssssssssssssssss.

[Soro.s]

Was für`n Kurs, Gelfing ???
der nach unten ??? Bin froh das ich kein a(r)s(c)hie
mehr bin und dieKurve noch bei 0,045 bekommen hab.
Das Dings ist tot, glaubt mir, es winkt der totalverlust.

Bin vor kurzen übe rein egoldene Börsenregel gestossen, die
auch erklärt worin der Unterschied zwischen erfolgreichen und
erfolglosen Anlegern langfristig besteht.

Klar beide machen mal Verluste, aber nur der ewig Erfolglose BEGRENZT sie nicht und übt sich in ewgiger Hoffnung...

Ach ja und bezogen auf Ashburton welche "eklatat" guten Fakten sprechen denn noch für diese Gesellschaft ??? Für mich keine !

[Gelfling]

Antwort auf Beitrag Nr.: 22.426.753 von Soro.s am 05.07.06 21:53:05

Guten Morgen ASHIES und Soro.s


Endlich Mal eine andere Meinung hier.
Der Kurs hier befindet sich seit längerer Zeit auf diesem
Niveau.
Wie ich am Anfang als "Alleinunterhalter" schon schrieb, bin ich der Meinung, dass dieser Wert nicht heute/morgen explodiert und
danach verschwindet.
Hier ist Geduld gefragt.
Ich habe mich, soweit möglich, zuvor mit diversen Explorern
auseinandergesetzt und mich schließlich, nach Abwägung für
ASHBURTON entschieden.
Schade, dass Du enttäuscht und frustiert bist.
Natürlich sind die Erwartungshaltungen oft so:
Heute wird investiert (ohne sich mit dem jeweiligen Wert zu befassen), und dann werden riesige Gewinne erzielt;
schließlich bin ich ja auch dabei.
So funktioniert das nicht!
Abgesehen davon: Bei ASHBURTON handelt es sich um einen Explorer,
und ich denke, dass (fast) jedem das Risiko bekannt sein dürfte.

Auch bezüglich der Börsenregel hatte ich auch schon etwas geschrieben.

Fakten ASHBURTON: Siehe u.a. Forum Australien (Nachrichten).


Verstehe mich bitte nicht falsch.
Ich gehe bei Dir davon aus, dass Du ein ehrlicher USER bist und nicht einer von denen, die verunsichern wollen, zum Verkauf raten, um danach günstig zu investieren.
Wir als Kleinanleger können uns nur an die vorliegenden Fakten
halten.
Ich finde es deshalb sehr wichtig, dass alle News, schlechte und
gute hier möglichst aktuell mitgeteilt werden um entsprechend zu reagieren, wie z.B. der Leserbrief über ASHBURTON, der in einer
Aktienzeitschrift stand.
Viel mehr Möglichkeiten des Austausches gibt es grundsätzlich nicht.

Ich persönlich gehe davon aus, dass ASHBURTON in diesem Monat
mit Ergebnissen aufwarten wird.

Jeder sollte, wie ich schon schrieb, sich vor einer Investition
möglichst genau mit dem jeweiligen Wert auseinandersetzen und
erst danach das "sauer verdiente Geld" investieren.

Ich danke Dir für Dein Posting Soro.s.

So, nun die Werte:

Derzeitiger Kurs in Australien:
Kurs: 00,54AUD (0,032€)

Gehandelt:..............................20.000 Aktien
BID:.. 0,052AUD (00,30€).... ..48.000 Aktien
ASK: 0,058AUD (00,34€).......50.000 Aktien


Achso, bin wieder an Board.

[wumm11]

hallo gelfing,

schön,das du wieder an bord bist.

gruss

wumm11

[Gelfling]

Antwort auf Beitrag Nr.: 22.435.425 von wumm11 am 06.07.06 15:58:38

Guten Morgen wumm11 und ASHIES

Derzeitiger Kurs in Australien:

Kurs: 00,54AUD (0,032€)

Gehandelt:..........................0000.000 Aktien
BID:.. 0,055AUD (00,32€).... ..44.306 Aktien
ASK: 0,058AUD (00,34€).......50.000 Aktien

Bemerkung:
BID steht höher als der derzeitige Kurs.


Wünsche Euch schon Mal ein sonniges Wochenende.
Alles wird gut und besser.

[Gelfling]

Mit den Prozenten scheint es hier bei wallstreet rechnerisch Defizite zu geben.


KursdatenBörse
Frankfurt

Aktuell
0,037 EUR

Zeit
07.07.06 09:01

Diff. Vortag
+12,12 %Tages-Vol.
3.589,00

Gehandelte Stück
97.000

Geld
0,033

Brief
0,037

Zeit
07.07.06 09:02

Spread
--

Geld Stk.
55.000

Brief Stk.
57.000

Schluss Vortag
0,033

Eröffnung
0,037

[Gelfling]

Guten Tag

Derzeitiger Kurs in Australien:
Kurs: 00,54AUD (0,032€)

Gehandelt:.........................000.000 Aktien
BID:.. 0,052AUD (00,31€)....48.000 Aktien
ASK: 0,058AUD (00,34€)....50.000 Aktien

Bemerkung:
Lieber nicht.....

[wumm11]

Antwort auf Beitrag Nr.: 22.497.987 von Gelfling am 10.07.06 09:35:05

hallo,

morgen siehts bestimmt schon wieder besser aus

gruss

wumm11

[Gelfling]

Guten Tag
heute Mal etwas später

Derzeitiger Kurs in Australien:
Kurs: 00,51AUD (0,030€)

Gehandelt:............................60.000 Aktien
BID:.. 0,051AUD (00,31€)....109.800 Aktien
ASK: 0,058AUD (00,34€)......50.000 Aktien

[Gelfling]

Guten Morgen, hier die Werte


Derzeitiger Kurs in Australien:
Kurs: 00,55AUD (0,033€)

Gehandelt:...........................709.625 Aktien
BID:.. 0,051AUD (00,30€)......39.800 Aktien
ASK: 0,055AUD (00,33€)......33.334 Aktien

[Gelfling]

Guten Morgen


Derzeitiger Kurs in Australien:
Kurs: 00,55AUD (0,033€)

Gehandelt:...........................000.000 Aktien
BID:...0,051AUD (00,30€)......39.800 Aktien
ASK: 0,058AUD (00,35€)......50.334 Aktien

Bemerkung:
ASK zieht an.

[Gelfling]

Tschuldigung, bin etwas vergesslich

Derzeitiger Kurs in Australien:
Kurs: 00,55AUD (0,033€)

Gehandelt:...........................000.000 Aktien
BID:..0,051AUD (00,30€)......39.800 Aktien
ASK: 0,058AUD (00,34€)......46.667 Aktien


Bemerkung:
Ich bleibe, wie schon Mal geschrieben, bei meinen Kursziel zunächst im Bereich 00,46/00,65€.
Ich wünsche Euch ein sonniges Wochenende.
GELFLING

[Gelfling]

Guten Abend
melde mich nochmals mit dem Hinweis, dass Ihr Euch die
neue HOMEPAGE (www.ashburton-minerals.com.au) anschauen solltet.
Sie ist noch nicht ganz fertiggestellt.
Eine Deutsche Seite soll demnächst noch eingebunden werden.
Also, informiert EUCH.

Ihr werdet dann bestätigen, dass ASHBURTON ein solider, sehr gut aufgestellter Explorer ist,
der eine sehr gute Zukunft und eine Menge Potential hat!!!!!
Es werden weitere gute Neuigkeiten und Bestätigungen von
positiv verlaufenden Bohrungen pp folgen; da bin ich sicher.

Von mir aus können mich einige als Pusher bezeichnen, aber an
den Fakten kommt keiner vorbei!!!!!!!


Vorläufiges Kursziel meines letzten Postings bleibt natürlich bestehen (00,65€, wobei 00,46 kurzfristig Mal als Unterstützung dienen sollte.)

ASHBURTON: AUF EINEM RICHTIG GUTEN WEG.

[Gelfling]

Hallo, jemand hier?

Derzeitiger Kurs in Australien:
Kurs: 00,55AUD (0,033€)

Gehandelt:...........................000.000 Aktien
BID:..0,051AUD (00,30€)......39.800 Aktien
ASK: 0,055AUD (00,33€)......46.667 Aktien


Bemerkung:
Schreibt gefälligst Mal, oder soll ich vielleicht den Explorer kaufen?
Könnte so vielleicht die Australische Staatsbürgerschaft erhalten.

[bimi66]

Antwort auf Beitrag Nr.: 22.636.218 von Gelfling am 17.07.06 08:47:44

Hey Gelfling die Homepage hat sich schon verbessert fehlt halt nur eine Seite auf deutsch und positive News wir werden sehen was passiert hier muß mal eine Aussage zur zum Produktions beginn her dann rollt die Kugel.Gruss bimi

[ivanbaerlin]

Antwort auf Beitrag Nr.: 22.636.218 von Gelfling am 17.07.06 08:47:44

hallo,

vielen dank für deine informellen postings

mir fällt dabei auf das du bei den bid/ask umrechnungs eurokursen
das komma um eine stelle verschiebst...

z.B. (00,30€)......richtig wäre 0,03€

also 3 eurocent und nicht 30 eurocent

gruß ivan

[Gelfling]

Antwort auf Beitrag Nr.: 22.657.108 von ivanbaerlin am 18.07.06 00:48:21

Guten Morgen bimi 66, ivanberlin, ASHIES

mit Geduld wird´s werden.
Ich bin soweit zufrieden, dass wir auf einem richtig guten Weg sind.
Nur der Kurs wird leider immer wieder (noch) gedrückt.

Anmerken möche ich auch Mal, dass hier keine vollmundigen
Versprechen wie z.B. bei De Beira, Energulf, Silverado pp vorliegen.
Was dort leider passiert, dürfte Euch bekannt sein.

Ivanbaerlin
danke für den Hinweis, ist mir bislang nicht aufgefallen-
0,30€ wären auch nicht zu verachten.

Derzeitiger Kurs in Australien:
Kurs: 0,055AUD (0,033€)

Gehandelt:...........................000.000 Aktien
BID:..0,051AUD (0,031€)......39.800 Aktien
ASK: 0,055AUD (0,033€)......46.667 Aktien

Bemerkung:
Ich bin überzeugt, dass ASHBURTON-MINERALS gute Arbeit und
Ergebnisse liefert und bringen wird.

[Gelfling]

Guten Morgen

hier die Temparaturen

Derzeitig in Australien:
Kurs: 0,051AUD (0,030€)

Gehandelt:.............................5.000 Aktien
BID:..0,051AUD (0,030€)......34.800 Aktien
ASK: 0,055AUD (0,033€)......46.667 Aktien

Bemerkung:
Tags hell, Nachts dunkel.....

5000 Aktien, enorm.

[Gelfling]

Antwort auf Beitrag Nr.: 22.744.878 von Gelfling am 19.07.06 08:47:27

Autsch
wie schreibe ich denn Temperaturen?

[Gelfling]

Guten Morgen


Derzeitiger Kurs in Australien:
Kurs: 0,050AUD (0,030€)

Gehandelt:............................51.800 Aktien
BID:...0,045AUD (0,027€)....100.000 Aktien
ASK: 0,055AUD (0,030€)......46.667 Aktien

Bemerkung:

Wenn es hier im grünen Bereich heute bleibt, müsste es drüben
eine gute Korrektur geben.
Es gibt halt drüben wie hüben immer welche, die wollen die
Shares möglichst billigst einsammeln.
Wenn das nicht schon wirklich hier günstigst ist!

[Gelfling]

Guten Morgen

Derzeitiger Kurs in Australien:
Kurs: 0,047AUD (0,028€)

Gehandelt:............................26.667 Aktien
BID:...0,047AUD (0,027€).....48.333 Aktien
ASK: 0,051AUD (0,030€).......8.200 Aktien

Bemerkung:
Wer immer auch den Kurs drüben mit 26.667 Aktien drückt.
Wenn jemand richtig verkauft, dann bestimmt nicht mit dieser
Stückzahl. Bin gespannt, ob es hier heute im "Grünen Bereich"
bleibt (warum auch nicht).
Ich bin jedenfalls von der Arbeit und den Aussichten ASHBURTONS
überzeugt, und wie ist es mit EUCH?
Wir werden am Montag sehen, wie der Kurs in Australien dann
reagiert hat.
Liebe Grüße
GELFLING (der solche "Spielchen" nicht mag).

[wumm11]

Antwort auf Beitrag Nr.: 22.836.968 von Gelfling am 21.07.06 09:12:08

hallo,

also ich bin auch immer noch von ashburton überzeugt.

wäre ich es nicht.....dann hätte ich schon längst verkauft.

gruss

wumm11

[Gelfling]

Antwort auf Beitrag Nr.: 22.912.945 von wumm11 am 22.07.06 19:44:37

Guten Morgen wumm11/ASHBURTONS


Derzeitiger Kurs in Australien:
Kurs: 0,051AUD (0,030€)

Gehandelt:............................18.200 Aktien
BID:..0,049AUD (0,029€)......30.133 Aktien
ASK: 0,054AUD (0,032€).....55.000 Aktien

[Gelfling]

Moin ASHIES


Derzeitiger Kurs in Australien:
Kurs: 0,051AUD (0,031€)

Gehandelt:.........................000.000 Aktien
BID:...0,050AUD (0,030€)....10.000 Aktien
ASK: 0,054AUD (0,032€)....55.000 Aktien

Bemerkung:

Als nächstes müssten die Quartalszahlen kommen.

[Gelfling]

Guten Morgen


Derzeitiger Kurs in Australien:
Kurs: 00,48AUD (0,029€)

Gehandelt:.............................60.000 Aktien
BID:...0,048AUD (00,29€)......00.133 Aktien
ASK: 0,051AUD (00,31€)......20.000 Aktien


Bemerkung:

Mit drei direkt hintereinander erfolgten Verkäufen wurde
der Kurs mit 60.000 Aktien auf 00,48AUD gedrückt.
Der/Diejenige sollte lieber Mal bei guenstiger.de ordern.
Vielleicht gibt es da Geld dazu.

[Gelfling]

So, dann wollen wir Mal

Derzeitig in Australien:
Kurs: 0,048AUD (0,029€)

Gehandelt:............................000.638 Aktien
BID:...0,046AUD (0,030€).....100.000 Aktien
ASK: 0,048AUD (0,029€).......19.867 Aktien

Bemerkung:

.......wenn ich es so richtig übernommen habe mit 638 gehandelten Aktien.....
Vielleicht warten die Australier auf uns?

[Gelfling]

Guten Morgen



Derzeitig in Australien:
Kurs: 0,048AUD (0,029€)

Gehandelt:............................000.133 Aktien
BID:..0,046AUD (0,028€).....100.000 Aktien
ASK: 0,048AUD (0,029€).......19.867 Aktien

Bemerkung:

Stimmt wohl tatsächlich mit den 133 gehandelten Aktien.
Wünsche UNS schon Mal ein schönes Wochenende.
Ich erwarte die Zahlen von ASHBURTON; müssen die Tage kommen.

Alles wird gut.......

GELFLING

[Gelfling]

Wünsche Euch ein schönes, angenehmes Wochenende.
Nächste Woche sind erst Mal die Zahlen von ASHBURTON dran;
also tschüssssss bis Montag dann........

GELFLING
(der schon langsam Selbstgespräche mit ASHBURTON führt)

[Gelfling]

Guten Morgen


Wie ich sage:
ASHBURTON-MINERALS: Zuverlässig, pünktlich, gut.

Hier die Fakten:


QUARTERLY REPORT
Q4, for the period ended 30 June 2006
Highlights
• Brazil: Drilling commences at Lavrinha: Drilling has commenced at
the Lavrinha gold prospect, with a total of 25 holes for 1,500 m planned.
Preliminary results are very encouraging with the host shear zone of
silicified quartz-sericite schist identified a further 300 m along strike
from previous drilling. No assay results are yet available.
• Brazil: New Joint Venture with Minmet plc over Cuiaba Gold
Project: A new option and joint venture agreement has been entered
into over ten granted tenements encompassing 380 km2 in the Cuiaba
area in Mato Grosso. An additional regional collaborative agreement
has been reached over the Cuiaba-Pocone area stretching 140 km x 50
km in area. The Minmet ground contains a number of drill-ready
targets.
Ashburton Minerals Ltd is an Australian-based resource company primarily
focused on exploration and development of advanced gold projects in Brazil with
the objective to commence gold production in the near term.
Brazilian Gold Projects
The Company has identified Brazil as offering excellent opportunities to secure
advanced gold projects in a resource rich country possessing good infrastructure
and low sovereign risk. The Company aims to build a significant presence in the
country, principally in the states of Mato Grosso and Goias.
Australian Exploration
The Company continues to evaluate targets in Western Australia deemed
prospective for a range of metals, including gold. Most of these are based on
conceptual targeting and are at the grass roots exploration stage.
BRAZIL EXPLORATION
The Company conducts its activities in Brazil through its wholly owned subsidiary Trans
Pacific Gold Pty Ltd (“TPG”) and that company’s Brazilian registered subsidiary Trans
Pacific Gold Mineracao Ltda (“TPGM”).
TPG is currently active in two areas in central western Brazil, in the state of Mato Grosso
and in the state of Goias. The Company has a two-fold strategy in Brazil: the evaluation of
the potential to reprocess large volumes of artisinal tailings sands, previously untreated by
cyanide, and to secure advanced gold projects which have a clear potential to advance to
production in the near term.
Lavrinha gold prospect, Pontes e Lacerda, Mato Grosso
The Company’s subsidiary, TPGM, commenced drilling at the Lavrinha prospect, located
near the town of Pontes e Lacerda in western Mato Grosso state in Brazil. A programme of
25 holes for 1,500 metres has been planned. The principal aim is to track and establish the
presence of the gold mineralized structure along strike of existing drilling which confirms
gold mineralization of up to 4 m @ 19.22 g/t over a 200 metre strike (Figure 1).
Based on historical drilling results and evidence from prospector workings, the mineralized
zone appears to extend at least 400 m to the NE. This gives the Company confidence to
believe that Lavrinha has the potential to host a gold deposit of the order of 200,000 oz to
300,000 oz.
The drilling is being carried out by Transdrill utilising the multipurpose aircore rig
mobilised from Pocone. The holes were intended to be drilled by the reverse circulation
(“RC”) method, using a conventional hammer with a cross-over system. However, due to
sample retrieval problems via the cross-over, drilling had to resume by the open-hole rotary
air blast (“RAB”) method. This method produces less accurate results, however, it can
effectively indicate the presence and continuity of mineralized structures. On completion
of the current program, should results be favourable, follow up drilling will be undertaken
with a larger capacity RC rig.
Only four of the proposed 25 holes have been drilled to date and assay results are not yet
available. Geological logs of the holes confirm the presence of a wide, 25 m – 50 m,
silicified shear zone with intermittent quartz veining intersected 300 m along strike beyond
the closest previous drill hole, and continuing further to the NE. This gives good cause for
optimism ahead of confirmation by assay results.
Lavrinha is part of a larger project area secured by an option and joint venture agreement
between TPGM and Geomin Geologia e Mineracao Limitada (“Geomin”), a privately
owned Brazilian company. Under the agreement, TPGM has a 3 year option period in
which it is to sole fund US$2 million on exploration and development. At any time within
the three years, if TPGM meets this expenditure, or if TPGM identifies global resources
within the project tenements of in excess of 250,000 oz, a formal joint venture will be
incorporated with TPGM holding a 77.5% interest and Geomin holding a 22.5% interest.
Pocone, Mato Grosso
In the Pocone area in Mato Grosso TPG is involved in the evaluation of a gold tailings
sands reprocessing project and exploration for primary gold mineralisation based initially
over 20 prospecting licences in Pocone.
Pocone Tailings
The tailings project operates in the context of the Brazil Tailings Joint Venture in which
Areias Douradas Pty Ltd, a wholly owned subsidiary of Cougar Metals NL, holds a 25%
carried interest, with TPG as manager.
The second round of drilling of the tailings at the Ourinhos prospect has concluded with
1,214 m of aircore drilling completed over Tanks 1, 2 and 6. Some 650 samples, being 2-
metre composites, were collected.
Orientation sampling indicated that analysis of a larger sample may give more
representative results due to the presence of free gold within the tailings sands.
Consequently, the samples will be analysed by a bulk cyanide leach process of a 2 kg field
sample. Analysis will be through ALS Chemex who, although they have facilities in
Brazil, carry out this type of analysis through their Perth laboratories in Western Australia.
Samples will be shipped to Perth in the next week.
Results are not expected for at least another four weeks to six weeks.
Cuiaba Gold Project, Mato Grosso
Building on its presence in the region, the company entered into a Heads of Agreement
with AIM-listed Minmet plc (“Minmet”) relating to the Cuiaba Gold Project in the state of
Mato Grosso in Brazil.
The Cuiaba-Pocone district is an area of significant gold mineralisation that contains
numerous private (garimpeiro) gold workings scattered over a 120 km strike. By virtue of
the scale of these operations, Ashburton is of the opinion that the district holds potential to
host a number of larger, company-scale (>300,000 oz) gold deposits. Nevertheless, the
area remains essentially unexplored by Australian standards.
Minmet, through its Brazilian subsidiary Mineradora de Bauxita (“MBL”), holds ten
granted exploration permits covering some 380 km2 within the district and encompassing
ground of pronounced mining activity (see attached map, Figure 2). In addition, MBL has
a large amount of technical data, including an airborne geophysical survey covering an area
of approximately 140 km x 50 km and extending over the entire Cuiaba-Pocone district.
The extent of the geophysical survey will define the Cuiaba Gold Project.
The Cuiaba Gold Project consists of two parts, namely:
1. The MBL tenements; and
2. The remaining ground within the project area, defined by the extent of the
geophysical survey.
Under the terms of the agreement Ashburton secured a three year option period by issuing
to Minmet:
a) 1,609,332 fully paid ordinary shares in Ashburton; and
b) 500,000 free attaching unlisted options, with an exercise price of 15 cents each by
30 June 2009.
During the option period Ashburton is to sole fund A$800,000 in exploration expenditure
to earn a 75% equity interest in the MBL tenements. Full details of the terms have been
released in a previous announcement to the ASX, dated 8 May 2006.
The agreement with Minmet gives Ashburton access to potential hard rock gold deposits in
areas of demonstrated gold mineralisation and represents a significant addition to
Ashburton’s current involvement in the region through the Pocone tailings evaluation
project.
Desktop study and interpretation of the large amount of data acquired as a result of entering
into this joint venture has commenced by a Perth-based consultant geologist. This work is
confirming the highly prospective nature of the Cuiaba Gold Project and work is
continuing as a priority to classify and prioritise drilling targets to be tested on the return of
the Transdrill rig from the Lavrinha prospect.
An early standout target is the Tamandua vein swarm which is an area some 1.4 km long
by 0.5 km wide and which is estimated to contain in excess of 200 subvertical transcurrent
tensional veins ranging from 10 cm to several metres in thickness. The surface area has
been scraped and worked for secondary gold nuggets and some of the larger veins have
been mined to an undetermined depth (Figure 3).
CORPORATE
Issue of shares and options to Minmet plc
During the quarter the Company issued 1,609,332 Ordinary Fully Paid Shares and 500,000
Unlisted Options (exercisable at 15 cents each on or before 30 June 009) to AIM-listed
Minmet plc as per the terms of the Heads of Agreement signed with Minmet in relation to
the Cuiaba Gold Project in Brazil.
Expiry of options
A total of 12,229,825 unlisted options expired during the quarter, comprising 3,729,825
options exercisable at 12 cents each by 30 June 2006, and 8,500,000 options exercisable at
28 cents each by 30 June 2006.
Tom Dukovcic
Managing Director
26 July 2006
The information contained in this report that relates to Exploration Results or Mineral Resources is based on information compiled
by Mr Tom Dukovcic who is a Member of the Australian Institute of Geoscientists. Mr Dukovcic is a full-time employee of the
Company and has sufficient relevant experience to qualify as a Competent Person as defined in the 2004 Edition of the
“Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves”. Mr Dukovcic consents to the
inclusion in this report of information compiled by him in the form and context in which it appears.
For further information, visit http://www.ashburton-minerals.com.au/ and join our e-list.
Figure 1. Gold workings along the Lavrinha shear zone
Figure 2. Map showing extent of Cuiaba Gold Project, MBL tenements and
garimpeiro workings
Figure 3. Tamandua Vein Swarm, Cuiaba Gold Project.
Area approximately 1.5 km x 0.5 km.
Appendix 5B
Mining exploration entity quarterly report
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
Ashburton Minerals Ltd
ABN Quarter ended (“current quarter”)
99 008 894 442 30 June 2006
Consolidated statement of cash flows
Cash flows related to operating activities
Current quarter
$A’000
Year to date
(12 months)
$A’000
1.1 Receipts from product sales and related debtors
-
-
1.2 Payments for
(a) exploration and evaluation
(b) development
(c) production
(d) administration
(342)
-
-
(194)
(955)
(96)
-
(993)
1.3 Dividends received - -
1.4 Interest and other items of a similar nature
received
19 95
1.5 Interest and other costs of finance paid - (9)
1.6 Income taxes paid - -
1.7 Other (provide details if material)
Payment for release of Royalty Deed over
Yandan Tenements
-
(83)
Net Operating Cash Flows (517)
(2,041)
Cash flows related to investing activities
1.8 Payment for purchases of: (a)prospects
(b)equity investments
(c) other fixed assets
-
-
(25)
-
(150)
(26)
1.9 Proceeds from sale of::
(a)prospects
(b)equity investments
(c)other fixed assets
-
-
-
364
996
1
1.10 Loans to other entities - -
1.11 Loans repaid by other entities - -
1.12 Other (provide details if material)
Cash from Transdrill purchase
Rig Transportation & Customs Duty
29
29
(115)
Net investing cash flows
4
1,099
1.13 Total operating and investing cash flows (carried
forward)
(513) (942)
+ See chapter 19 for defined terms.
30/9/2001 Appendix 5B Page 1
Appendix 5B
Mining exploration entity quarterly report
1.13 Total operating and investing cash flows
(brought forward)
(513) (942)
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 - 200
1.17 Repayment of borrowings - (202)
1.18 Dividends paid - -
1.19 Other (Capital Raising Expense) - -
Net financing cash flows - (2)
Net increase (decrease) in cash held
(513)
(944)
1.20 Cash at beginning of quarter/year to date 1,477 1,908
1.21 Exchange rate adjustments to item 1.20
1.22 Cash at end of quarter 964 964
Payments to directors of the entity and associates of the directors
Payments to related entities of the entity and associates of the related entities
Current quarter
$A'000
1.23
Aggregate amount of payments to the parties included in item 1.2
53
1.24
Aggregate amount of loans to the parties included in item 1.10
-
1.25
Explanation necessary for an understanding of the transactions
Payments to directors and associates of directors are inclusive of GST where applicable and are
split as follows:
Salaries 47
Directors Fees 6
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
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
+ See chapter 19 for defined terms.
Appendix 5B Page 2 30/9/2001
Appendix 5B
Mining exploration entity quarterly report
Financing facilities available
Add notes as necessary for an understanding of the position.
Amount available
$A’000
Amount used
$A’000
3.1 Loan facilities
0
0
3.2 Credit standby arrangements
0 0
Estimated cash outflows for next quarter
$A’000
4.1 Exploration and evaluation
300
4.2 Development
0
Total
300
Reconciliation of cash
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 397 426
5.2 Deposits at call 567 1,051
5.3 Bank overdraft - -
5.4 Other (provide details) – Performance Bond
Facility
- -
Total: cash at end of quarter (item 1.22) 964 1,477
Changes in interests in mining tenements
Tenement
reference
Nature of interest
(note (2))
Interest at
beginning
of quarter
Interest at
end of
quarter
6.1 Interests in mining
tenements relinquished,
reduced or lapsed
- - - -
6.2 Interests in mining
tenements acquired or
increased
-
-
-
-
+ See chapter 19 for defined terms.
30/9/2001 Appendix 5B Page 3
Appendix 5B
Mining exploration entity quarterly report
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 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
(a) Increases
through issues
(b) Decreases
through returns
of capital, buybacks,
redemptions
-
-
-
-
7.3 +Ordinary
securities
79,640,005 79,640,005 - -
7.4 Changes during
quarter
(a) Increases
through issues
(b) Decreases
through returns
of capital, buybacks
1,609,332
1,609,332
6.2
-
7.5 +Convertible
debt securities
(description)
-
-
-
-
7.6 Changes during
quarter
(a) Increases
through issues
(b) Decreases
through
securities
matured,
converted
-
-
-
-
+ See chapter 19 for defined terms.
Appendix 5B Page 4 30/9/2001
Appendix 5B
Mining exploration entity quarterly report
7.7 Options
(description and
conversion
factor)
(ATNO)
Pro-rata nonrenounceable
rights issue
12,132,363
(ATNAO)
Brazil Tailings
JV Agreement
Options
5,000,000
(ATNAS)
CuibaGold
Project Option
Agreement
500,000
12,132,363
Exercise price
32 cents
25 cents
15 cents
Expiry date
31/03/2007
06/09/2007
30/06/2009
7.8 Issued during
quarter
(ATNAS)
CuibaGold
Project Option
Agreement
500,000
15 cents 30/06/2009
7.9 Exercised during
quarter
nil
7.10 Expired during
quarter
(ATNAK)
Loyalty Option
Scheme
3,729,825
(ATNAM)
Director Options
8,500,000
12 cents
28 cents
30/06/2006
30/06/2006
7.11 Debentures
(totals only)
7.12 Unsecured
notes (totals
only)
+ See chapter 19 for defined terms.
30/9/2001 Appendix 5B Page 5
Appendix 5B
Mining exploration entity quarterly report
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.
Sign here: ............................................................ Date: ...........28/07/06.................
(Company Secretary)
Print name: Kim Massey
Notes
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.
== == == == ==
+ See chapter 19 for defined terms.
Appendix 5B Page 6 30/9/2001

[Gelfling]

Derzeitig in Australien:
Kurs: 0,048AUD (0,029€)

Gehandelt:.............................000.000 Aktien
BID:..0,046AUD (0,028€).....100.000 Aktien
ASK: 0,048AUD (0,029€).......19.867 Aktien

Bemerkung:

Denke, dass der QUARTERLY REPORT nach Börsenschluß veröffentlicht wurde.
Es wäre auch Mal gut, wenn Meinungen geäußert werden.
Diejenigen, die sich (aus welchen Gründen auch immer) nicht trauen,
im Forum zu schreiben oder zu fragen), können mir auch eine Mail
schicken-dumme Fragen gibt es nicht.
Scheinbar haben einige immer noch nicht die ASHBURTON-Chance erfasst, oder es fehlte einfach das Vertrauen.

Natürlich ist es auch eine Vertrauensfrage. ASHBURTON-MINERALS geht, wie man immer wieder lesen kann, nicht nur einen guten Weg, sondern auch den Richtigen Weg.

ASHBURTON: AUF EINEM RICHTIG GUTEN WEG

[Gelfling]

Mittels Übersetzungsprogramm

VIERTELJÄHRLICHER REPORT Q4, denn die Periode beendeten 30. Juni 2006 Höhepunkte • Brasilien: Die Bohrung beginnt bei Lavrinha: Die Bohrung hat an begonnen die Lavrinha Goldaussicht, mit einer Gesamtmenge von 25 Bohrungen für 1.500 m plante. Einleitende Resultate regen sehr mit der Wirt Scherzone von an silicified Quarz-sericite Schist kennzeichnete ein weiteres 300 m entlang Schlag von der vorhergehenden Bohrung. Keine Probe Resultate sind dennoch vorhanden. • Brasilien: Neue Joint Venture mit Minmet plc überCuiaba Gold Projekt: Eine neuen Vereinbarung der Wahl und der Joint Ventures ist eingetragen worden in über 10 bewilligte die Wohnungen, die 380 KM2 im Cuiaba umgeben Bereich in Mato Grosso. Eine zusätzliche regionale gemeinschaftliche Vereinbarung ist über dem Cuiaba-Pocone Bereich erreicht worden, der 140 Kilometer x 50 ausdehnt Kilometer im Bereich. Der Minmet Boden enthält eine Anzahl von bohren-bereitem Ziele. Ashburton Mineralien Ltd. ist eine Australisch-gegründete Hilfsmittelfirma hauptsächlich konzentriert auf Erforschung und Entwicklung der vorgerückten Goldprojekte in Brasilien mit die Zielsetzung, zum von Goldproduktion in naher Zukunft zu beginnen. Brasilianische Goldprojekte Die Firma hat Brasilien als Antrag der ausgezeichneten Gelegenheiten zu sichern gekennzeichnet vorgerücktes Gold projiziert sich in ein reich an Hilfsquellen Land, das gute Infrastruktur besitzt und niedriges Länderrisiko. Die Firma zielt darauf ab, eine bedeutende Anwesenheit in zu errichten Land, hauptsächlich in den Zuständen von Mato Grosso und von Goias. Australische Erforschung Die Firma fährt fort, Ziele in gemeintem Westaustralien auszuwerten zukünftig für eine Strecke der Metalle, einschließlich Gold. Die meisten diesen basieren an das Begriffsc$zielen und sind in dem Basiserforschungstadium. BRASILIEN ERFORSCHUNG Die Firma leitet seine Tätigkeiten in Brasilien durch seinen insgesamt besessenen Tochtergesellschafttransport Pazifisches GoldPty Ltd. („TPG“) und brasilianischer eingetragener Transport Tochtergesellschaft dieser Firma Pazifisches Gold Mineracao Ltda („TPGM“). TPG ist z.Z. in zwei Bereichen in zentralem Westbrasilien, im Zustand von Mato Grosso aktiv und im Zustand von Goias. Die Firma hat eine zweifache Strategie in Brasilien: die Auswertung von das Potential, die großen Volumen artisinal Rückstandsande vorbei wieder aufzubereiten, vorher unbehandelt Cyanid und zu den sicheren vorgerückten Goldprojekten, denen haben ein freies Potential vorzurücken zu Produktion in naher Zukunft. Lavrinha Goldaussicht, Pontes e Lacerda, Mato Grosso Die Tochtergesellschaft der Firma, TPGM, begonnene Bohrung an der Lavrinha Aussicht, gelegen nahe der Stadt von Pontes e Lacerda im westlichen Mato Grosso Zustand in Brasilien. Ein Programm von 25 Bohrungen für 1.500 Meter ist geplant worden. Das Hauptziel ist, aufzuspüren und herzustellen Vorhandensein des Goldes mineralisierte Struktur entlang Schlag der vorhandenen Bohrung, die bestätigt Goldmineralisierung von bis 4 m @ 19.22 g/t über einem 200-Meter-Schlag (Tabelle 1). Gegründet auf historischen bohrenresultaten und Beweis von den Prospektorfunktionen, mineralisiert Zone scheint, mindestens 400 m auf das Ne zu verlängern. Dieses gibt das Firmavertrauen zu glauben, daß Lavrinha das Potential hat, eine Goldablagerung des Auftrages von 200.000 Unze zu zu bewirten 300.000 Unze. Die Bohrung wird von Transdrill durchgeführt, der die Mehrzweckaircore Anlage verwendet mobilised von Pocone. Die Bohrungen sollten durch die Rückzirkulation gebohrt werden („RC“) Methode mit einem herkömmlichen Hammer mit einem Umsteigensystem. Jedoch passend zu Wiederherstellung Probleme über das Umsteigen probieren und bohren mußte durch die Dreh Öffnenbohrung wieder aufnehmen Methode des Luftknalles („RAB“). Diese Methode produziert weniger genaue Resultate, jedoch kann sie das Vorhandensein und den Durchgang der mineralisierten Strukturen effektiv anzeigen. Auf Beendigung vom aktuellen Programm Resultate vorteilhaft sind, wird die Anschlußbohrung aufgenommen mit einer größeren Kapazität RC Anlage. Nur vier der vorgeschlagenen 25 Bohrungen sind bis jetzt gebohrt worden und Probe Resultate sind nicht noch vorhanden. Geologische Maschinenbordbücher der Bohrungen bestätigen das Vorhandensein von einem breitem, 25 M50 m, silicified Scherzone mit zeitweiligem Quarz veining jenseits geschnitten 300 m entlang Schlag die nähste vorhergehende Bohrgerätbohrung und zum Ne weiter fortfahren. Dieses gibt gute Ursache für Optimismus vor Bestätigung durch Probe Resultate. Lavrinha ist ein Teil eines größeren Projektbereichs, der durch eine Vereinbarung der Wahl und der Joint Ventures gesichert wird zwischen TPGM und Geomin Geologia e Mineracao Limitada („Geomin“), a privat besessene brasilianische Firma. Unter der Vereinbarung hat TPGM eine 3-Jahr-Laufzeit einer Option innen welche es zur alleinigen Kapital US$2 Million auf Erforschung und Entwicklung ist. Jederzeit innen die drei Jahre, wenn TPGM diese Aufwendung trifft oder wenn TPGM globale Betriebsmittel kennzeichnet innerhalb der Projektwohnungen von über 250.000 Unze, ist eine formale Joint Venture verbunden mit TPGM, das ein Interesse 77.5% und ein Geomin ein Interesse 22.5% halten hält. Pocone, Mato Grosso Im Pocone Bereich in Mato Grosso wird TPG in die Auswertung der Goldrückstände miteinbezogen die Sande, die Projekt und Erforschung für Primärgoldmineralisierung wieder aufbereiten, gründeten zuerst über 20 prospektierenlizenzen in Pocone. Pocone Rückstände Das Rückstandprojekt funktioniert im Kontext der Brasilien Rückstand-Joint Ventures, in der Areias Douradas Pty Ltd., eine insgesamt besessene Tochtergesellschaft der Cougar-Metalle NL, hält ein 25% getragenes Interesse, mit TPG als Manager. Der zweite Umlauf der Bohrung der Rückstände an der Ourinhos Aussicht hat mit gefolgert 1.214 m aircore Bohrung führte überbehälter 1, 2 und 6 durch. Ca. 650 Proben, seiend 2 Meßinstrumentzusammensetzungen, wurden gesammelt. Lagebestimmung Musterstück zeigte an, daß Analyse einer größeren Probe mehr geben kann Repräsentativresultate wegen des Vorhandenseins des freien Goldes innerhalb der Rückstandsande. Infolgedessen werden die Proben durch einen Massencyanidlaugeprozeß eines 2 Kilogramms auffangen analysiert Probe. Analyse ist durch ALS Chemex, das, obgleich sie Service innen haben Brasilien, führen diese Art der Analyse durch ihre Perth Labors in Westaustralien durch. Pro ben werden nach Perth in der folgenden Woche versendet. Resultate werden nicht für mindestens andere vier Wochen bis sechs Wochen erwartet. Cuiaba Goldprojekt, Mato Grosso Gebäude auf seiner Anwesenheit in der Region, die Firma trug in Köpfe der Vereinbarung ein mit Zielen-registriertem Minmet plc („Minmet“) in bezug auf das Cuiaba Goldprojekt im Zustand von Mato Grosso in Brasilien. Der Cuiaba-Pocone Bezirk ist ein Bereich der bedeutenden Goldmineralisierung, die enthält zahlreiche private (garimpeiro) Goldfunktionen zerstreuten über einen 120 Kilometer Schlag. Aufgrund die Skala dieser Betriebe, Ashburton ist der Meinung, daß der Bezirk Potential zu hält eine Anzahl von größerem bewirten, (>300,000 Unze) Goldablagerungen Firma-einstufen. Dennoch Bereich Remains im Wesentlichen nicht erforscht durch australische Standards. Minmet, durch seinen brasilianischen Tochtermineradora de Bauxita („MBL“), hält 10 bewilligte Erforschung ermöglicht, ca. 380 KM2 innerhalb des Bezirkes und des Umgebens zu bedecken Boden der ausgeprägten gewinnentätigkeit (angebrachtes Diagramm, Tabelle 2 sehen). Zusätzlich hat MBL eine große Menge technische Daten, einschließlich eine zerstreute geophysikalische übersicht, die einen Bereich umfaßt von ungefähr 140 Kilometern x 50 Kilometer und Verlängern über dem gesamten Cuiaba-Pocone Bezirk. Der Umfang einer geophysikalischen übersicht definiert das Cuiaba Goldprojekt. Das Cuiaba Goldprojekt besteht aus zwei Teilen, nämlich: 1. Die MBL Wohnungen; und 2. Der restliche Boden innerhalb des Projektbereichs, definiert durch den Umfang von geophysikalische übersicht. Unter den Bezeichnungen der Vereinbarung sicherte Ashburton eine dreijährige Laufzeit einer Option, indem er herausgab zu Minmet: a) 1.609.332 völlig gezahlte Stammaktien an Ashburton; und b) 500.000 freie anbringende nichte aufgeführt Wahlen, mit einem übung Preis von 15 Cents pro Stück vorbei 30. Juni 2009. Während der Laufzeit einer Option ist Ashburton zur alleinigen Kapital A$800,000 in der Erforschungaufwendung ein 75% Billigkeit Interesse an den MBL Wohnungen erwerben. Gesamte Details der Bezeichnungen sind gewesen freigegeben in einer vorhergehenden Ansage zum ASX, vom 8. Mai 2006. Die Vereinbarung mit Minmet gibt Ashburton Zugang zu den möglichen harten Felsengoldablagerungen innen Bereiche der demonstrierten Goldmineralisierung und stellt eine bedeutende Hinzufügung zu dar Ashburtons gegenwärtige Miteinbeziehung in der Region durch die Pocone Rückstandauswertung Projekt. Desktop Studie und Deutung der großen Menge der Daten erworben resultierend aus dem Hereinkommen in diese Joint Venture hat durch einen Perth-gegründeten Beratergeologen begonnen. Diese Arbeit ist die in hohem Grade zukünftige Natur des Cuiaba Goldes bestätigend, projizieren und Arbeit ist Fortfahren als Priorität, auf der Rückkehr von geprüft zu werden ziele einzustufen und zu geben bohren, die Transdrill Anlage von der Lavrinha Aussicht. Ein frühes Herausragend-Ziel ist der Tamandua Aderschwarm, der ein Bereich ca. 1.4 Kilometer lang ist durch 0.5 Kilometer breit und das geschätzt wird, um über 200 subvertical transcurrent zu enthalten tensional veins das Reichen von 10 Zentimeter bis zu einigen Meßinstrumenten in der Stärke. Die Fläche hat gerieben und für Sekundärgoldnuggets und einige der größeren Adern gearbeitet haben gewonnen zu einer unbestimmten Tiefe (Tabelle 3). KORPORATIV Ausgabe der Anteile und der Wahlen zu Minmet plc Während des Viertels gab die Firma 1.609.332 übliche völlig gezahlte Anteile und 500.000 heraus Nichte aufgeführt Wahlen (exercisable bei 15 Cents jeder an oder vor dem 30. Juni 009) zu Zielen-verzeichnet Minmet plc wie pro die Bezeichnungen der Köpfe der Vereinbarung unterzeichnete mit Minmet in Beziehung zu das Cuiaba Goldprojekt in Brasilien. Ende von Wahlen Eine Gesamtmenge von 12.229.825 nichten aufgeführt Wahlen lief während des Viertels ab und enthielt 3.729.825 Wahlen exercisable bei 12 Cents jeder für den 30. Juni 2006 und 8.500.000 Wahlen exercisable an 28 Cents jeder für den 30. Juni 2006. Tom Dukovcic Geschäftsführender Geschäftsführer 26. Juli 2006 Die Informationen, die in diesem Report enthalten werden, der auf Erforschung-Resultaten oder Mineralbetriebsmitteln bezieht, basieren auf den Informationen, die von Herrn Tom Dukovcic kompiliert werden, der ein Mitglied des australischen Instituts von Geoscientists ist. Herr Dukovcic ist ein ganztägiger Angestellter der Firma und hat die genügende relevante Erfahrung, zum als kompetente Person zu qualifizieren, wie in der Ausgabe 2004 des „Australasian Codes für den Bericht der Erforschung-Resultate, der Mineralbetriebsmittel und des Erzes definiert aufhebt“. Herr Dukovcic stimmt zur Einbeziehung in diesem Report der Informationen kompiliert von ihm in der Form und im Kontext zu, in denen er erscheint. Für weitere Informationen verbinden Besuch http://www.ashburton-minerals.com.au/ und unsere Eliste. Tabelle 1. Goldfunktionen entlang der Lavrinha Scherzone Tabelle 2. Das Zeigen des Umfangs eines Cuiaba Goldprojektes, MBL Wohnungen abbilden und garimpeiro Funktionen Tabelle 3. Tamandua Ader-Schwarm, Cuiaba Goldprojekt. Bereich ungefähr 1.5 Kilometer x 0.5 Kilometer. Anhang 5B Gewinnenvierteljährlicher Report des erforschungwesens Richtlinie 5.3 Anhang 5B Gewinnenvierteljährlicher Report des erforschungwesens Eingeführtes 1/7/96. Ursprung: Anhang 8. Geändertes 1/7/97, 1/7/98, 30/9/2001. Name des Wesens Ashburton Mineralien Ltd. ABN Viertel beendet („gegenwärtiges Viertel“) 99 008 894 30. Juni 2006 442 Vereinigte Aussage über Bargeldumläufe Bargeldumläufe bezogen auf funktionierenden Tätigkeiten Gegenwärtiges Viertel Jahr bis jetzt (12 Monate) 1.1 Empfänge von den Produktverkäufen und von in Verbindung stehenden Schuldnern - - 1.2 Zahlungen für (a) Erforschung und Auswertung (b) Entwicklung (c) Produktion (d) Leitung (342) - - (194) (955) (96) - (993) 1.3 Dividenden empfangen -- 1.4 Interesse und andere Einzelteile einer ähnlichen Natur empfangen 19 95 1.5 Interesse und andere Kosten der Finanzierung gezahlt - (9) 1.6 Einkommenssteuern gezahlt -- 1.7 Anderes (Details zur Verfügung stellen, wenn Material) Zahlung für Freigabe des Abgabe-Briefes rüber Yandan Wohnungen - (83) Funktionierende Nettobargeldumläufe (517) (2.041) Bargeldumläufe bezogen auf der Investierung von Tätigkeiten 1.8 Zahlung für Erwerbe von: Aussichten (a) Billigkeit (b) Investitionen (c) andere Anlagekapitale - - (25) - (150) (26) 1.9 Fährt vom Verkauf von: fort: Aussichten (a) Billigkeit (b) Investitionen (c) andere Anlagekapitale - - - 364 996 1 1.10 Darlehen zu anderen Wesen -- 1.11 Darlehen zurückerstattet durch andere Wesen -- 1.12 Anderes (Details zur Verfügung stellen, wenn Material) Bargeld vom Transdrill Erwerb Anlage-Transport u. Einfuhrzoll 29 29 (115) Nettoinvestierenbargeldumläufe 4 1.099 1.13 Funktionierende und investierengesamtbargeldumläufe (getragen Vorwärts) (513) (942) + Kapitel 19 für definierte Bezeichnungen sehen. 30/9/2001 Seite 1 des Anhang-5B Anhang 5B Gewinnenvierteljährlicher Report des erforschungwesens 1.13 Funktionierende und investierengesamtbargeldumläufe (vorgetragen) (513) (942) Bargeldumläufe bezogen auf Finanzierung Tätigkeiten 1.14 Fährt von den Ausgaben der Anteile, der Wahlen, des etc. fort -- 1.15 Fährt vom Verkauf der eingebüßten Anteile fort -- 1.16 Fährt von Borgen - 200 fort 1.17 Rückzahlung des Borgens - (202) 1.18 Dividenden gezahlt -- 1.19 Anderes (Kapitalaufnahme-Unkosten) -- Nettofinanzierung Bargeldumläufe - (2) Nettozunahme (Abnahme) des Bargeldes gehalten (513) (944) 1.20 Bargeld am Anfang des Viertels/Jahr bis jetzt 1.477 1.908 1.21 Verbrauchssteuerjustagen zu Einzelteil 1.20 1.22 Bargeld am Ende von Viertel 964 964 Zahlungen an Direktoren des Wesens und Teilnehmer der Direktoren Zahlungen an in Verbindung stehende Wesen des Wesens und der Teilnehmer der in Verbindung stehenden Wesen Gegenwärtiges Viertel \ '000 1.23 Gesamtbetrag Zahlungen an die Parteien eingeschlossen in Einzelteil 1.2 53 1.24 Gesamtbetrag Darlehen zu den Parteien eingeschlossen in Einzelteil 1.10 - 1.25 Erklärung notwendig für ein Verständnis der Verhandlungen Zahlungen an Direktoren und Teilnehmer der Direktoren sind von GST, in dem anwendbar, einschließlich und sind Spalte, wie folgt: Gehälter 47 Direktorengehälter 6 Bargeldlose Finanzierung und Investierung Tätigkeiten 2.1 Details der Finanzierung und der Investierung Verhandlungen, die einen materiellen Effekt auf vereinigt gehabt haben Werte und Verbindlichkeiten aber bezogen nicht Bargeldumläufe mit ein Null 2.2 Details der Ausgaben gebildet durch andere Wesen, um ihren Anteil in denen herzustellen oder zu erhöhen der Projekte das Berichten über Wesen hat ein Interesse Null + Kapitel 19 für definierte Bezeichnungen sehen. Seite 2 30/9/2001 des Anhang-5B Anhang 5B Gewinnenvierteljährlicher Report des erforschungwesens Financing facilities available Add notes as necessary for an understanding of the position. Amount available Amount used 3.1 Loan facilities 0 0 3.2 Credit standby arrangements 0 0 Estimated cash outflows for next quarter 4.1 Exploration and evaluation 300 4.2 Development 0 Total 300 Reconciliation of cash 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 Previous quarter 5.1 Cash on hand and at bank 397 426 5.2 Deposits at call 567 1,051 5.3 Bank overdraft - - 5.4 Other (provide details) – Performance Bond Facility - - Total: cash at end of quarter (item 1.22) 964 1,477 Changes in interests in mining tenements Tenement reference Nature of interest (note (2)) Interest at beginning of quarter Interest at end of quarter 6.1 Interests in mining tenements relinquished, reduced or lapsed - - - - 6.2 Interests in mining tenements acquired or increased - - - - + See chapter 19 for defined terms. 30/9/2001 Appendix 5B Page 3 Appendix 5B Mining exploration entity quarterly report 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 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 (a) Increases through issues (b) Decreases through returns of capital, buybacks, redemptions - - - - 7.3 +Ordinary securities 79,640,005 79,640,005 - - 7.4 Changes during quarter (a) Increases through issues (b) Decreases through returns of capital, buybacks 1,609,332 1,609,332 6.2 - 7.5 +Convertible debt securities (description) - - - - 7.6 Changes during quarter (a) Increases through issues (b) Decreases through securities matured, converted - - - - + See chapter 19 for defined terms. Appendix 5B Page 4 30/9/2001 Appendix 5B Mining exploration entity quarterly report 7.7 Options (description and conversion factor) (ATNO) Pro-rata nonrenounceable rights issue 12,132,363 (ATNAO) Brazil Tailings JV Agreement Options 5,000,000 (ATNAS) CuibaGold Project Option Agreement 500,000 12,132,363 Exercise price 32 cents 25 cents 15 cents Expiry date 31/03/2007 06/09/2007 30/06/2009 7.8 Issued during quarter (ATNAS) CuibaGold Project Option Agreement 500,000 15 cents 30/06/2009 7.9 Exercised during quarter nil 7.10 Expired during quarter (ATNAK) Loyalty Option Scheme 3,729,825 (ATNAM) Director Options 8,500,000 12 cents 28 cents 30/06/2006 30/06/2006 7.11 Debentures (totals only) 7.12 Unsecured notes (totals only) + See chapter 19 for defined terms. 30/9/2001 Appendix 5B Page 5 Appendix 5B Mining exploration entity quarterly report 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. Sign here: ............................................................ Date: ...........28/07/06................. (Company Secretary) Print name: Kim Massey Notes 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. == == == == == + See chapter 19 for defined terms. Appendix 5B Page 6 30/9/2001


B e m e r k u n g:
Eigentlich müsste der gesamte Text "fett" hervorgehoben werden.

Wünsche Euch einen guten Tag
GELFLING

[evens]

Die News reißen aber wohl keinen vom Hocker!
Aber immerhin besser als gar nichts!

[Gelfling]

Bezug:

#249 von Gelfling 26.06.06 13:22:26 Beitrag Nr.: 22.278.181

Nach heutiger Mitteilung werden diese Ergebnisse in ca. 4-6 Wochen vorliegen.
Da gibts doch wohl nichts zu meckern.

[Gelfling]

Antwort auf Beitrag Nr.: 23.253.470 von evens am 31.07.06 13:04:13

Hallo evens

ich finde darin meine Bestätigung, dass ASHBURTON-MINERALS
ein Explorer mit sehr guten Aussichten ist.
Warum der Kurs hier momentan nicht positiv reagiert, kann ich
nicht sagen.
Vielleicht sollte ich Börsenbriefe scheiben.
Ich jedenfalls bin auch ohne Börsenbrief von diesem Wert
überzeugt!!!!!!

[evens]

Der Kurs reagiert nicht positiv, weil niemand richtig investieren will. Und dafür bräuchts halt ein bißchen Werbung, sprich Gepusche von nem BB!
Werte wie Ash gibts viele und bislang gibts keinen Grund warum man gerade Ash kaufen sollte und keinen anderen.
Meine Ash-Anteile werd ich aber trotzdem in diesem Jahr nicht mehr hergeben.

[Gelfling]

Antwort auf Beitrag Nr.: 23.256.484 von evens am 31.07.06 16:27:33

Hallo evens
scheinbar brauchts noch etwas Zeit, bis ASHBURTON Aufmerksamkeit erhält.
Normalerweise bräuchte es auch keinen Börsenbrief, aber das
eigenständige Handeln wird lieber Anderen überlassen, welche die
Werte pushen (es ist ja sooo einfach auf die "Spezies" zu hören,
denn Lemminge rennen nun mal hinterher in den Abgrund.
Das scheint vielen viel interessanter zu sein, als z.B. hier zu
investieren (hier wird es ja auch noch ehrlich gemeint......)
Auch trägt ASHBURTON nichts zum PUSHEN dazu.
Das ist z.B. etwas, das ASHBURTON von vielen anderen Explorern
unterscheidet.
Ich weiss, dass Du von ASHBURTON, wie einige Andere hier überzeugt
bist; das wird ja auch u.a. durch die News bestätigt.
Ich bin und bleibe dabei: ASHBURTON wird sich sehr gut entwickeln.

Die beste Werbung für ASHBURTON sind Fakten, Zahlen, Ergebnisse.
Letztere werden, wie geschrieben, folgen.
Ansonsten sind die Fakten doch sehr gut, oder etwa nicht?????
Es könnte sein, dass viele den Wald vor lauter Bäumen nicht sehen.
Könnte aber auch sein, dass Lemminge nicht auf Bäume klettern

Es gibt ja noch die Möglichkeit bei DE BEIRA, ENERGULF, SILVERADO ........
zu investieren. Tja, da ist doch richtig was los.
Also, rennt hiiiiiinnnnnntttterrrrrheeeeeeer.....
Gilt nur für Lemminge!!!!!!!!!!!!!!!
können.

[Gelfling]

Guten Morgen


Derzeitig in Australien:
Kurs: 0,050AUD (0,030€)

Gehandelt:..............................20.000 Aktien
BID:..0,050AUD (0,030€)........10.000 Aktien
ASK: 0,052AUD (0,031€)......100.000 Aktien

Bemerkung:

ASHBURTON schläft immer noch..........

[pattern]

es sollten so langsam Ergebnisse kommen, denn wenn ich den Bericht richtig verstanden habe, dann geht das Geld so langsam aus ???

[Gelfling]

Antwort auf Beitrag Nr.: 23.262.965 von pattern am 01.08.06 08:56:39

Hallo pattern
Ergebnisse werden kommen.
Steht so in der letzten NEWS.

Auszug:

Proben werden nach Perth in der folgenden Woche versendet. Resultate werden nicht für mindestens andere vier Wochen bis sechs Wochen erwartet.

Dass das Geld "ausgeht", ist mir nicht bekannt.
Es sind auch keine Schulden (Kreditvereinbarungen-Text) derzeitig
vorhanden.
Könntest Du bitte erläutern, wieso Du der Meinung bist, dass Geld
gehe langasm aus?
Wo steht das im Bericht?
Gruß
GELFLING

[pattern]

Seite 9 des Berichts:
cash at the end of the quarter: 964000,-- AUD
cash at previous quarter: 1.477.000,-- AUD
.....bei dem Tempo würde das Geld noch zwei Quartale reichen ?
richtig oder Denkfehler ?

[Gelfling]

Antwort auf Beitrag Nr.: 23.265.338 von pattern am 01.08.06 11:39:00

Es ist weniger als im Vorquartal, ist schon klar.
Das Geld geht deshalb aber (noch) nicht aus.
Natürlich brauchen sie ständig Gelder, um in Brasilien
ihre Arbeiten durchführen zu können.

Schau Mal insgesamt in die Zahlenwerke von ASHBURTON.
Dort tauchen immer Mal wieder "Zuwendungen/Spenden" an ASH
auf, die auch nicht von Pappe sind.
Ansonsten könnten wir auch schon Mal dafür sorgen, dass im kommmenden
Quartal besssere Zahlen vorliegen.

[pattern]

Zuwendungen/Spenden habe ich nicht entdeckt, nur daß im vorigen Quartal neue Aktien ausgegeben wurden.
Was können wir Deiner Meinung nach tun, damit im nächsten Qaurtal bessere Zahlen vorliegen ?? Beten ?

[Gelfling]

Antwort auf Beitrag Nr.: 23.266.403 von pattern am 01.08.06 12:54:14

ehrliches Beten kann nie schaden

lies Mal die weiter zurückliegenden Quartale durch.
Die Entscheidung wird meines Erachtens mit den nächsten Ergebnissen,
die in ca. 6 Wochen erfolgen sollen/werden, über ASHBURTON getroffen.
D.h. ich persönlich werde mich daran orientieren.
Da ASHBURTON meiner Meinung nach auf einem sehr guten Weg ist,
werden (hoffentlich) die Ergebnisse gut ausfallen.
Wie ich schon schrieb: Geduld ist hier schon angebracht.
Auch habe ich schon auf die besondere Situation und "Gefahren"
von Explorern hingewiesen.
Zumindest bin der der festen Überzeugung, dass ASHBURTON da wesentlich
besser aufgestellt sein dürfte, als viele andere Explorer.
Ich habe mich, bevor ich mich für ASHBURTON entschieden habe,
soweit möglich, eingehend informiert.
Natürlich auch über andere Explorer.
Dieses hat mich ja letztendlich dazu veranlasst, hier auch zu investieren.
Jeder, wie er meint.
Ich bin jedenfalls sehr dankbar, dass Du Dich meldest und Deine
Meinung schreibst.
Ich kann mich ja nun auch irren, oder?- Ich hoffe jedoch nicht-.

Würde mich jedenfalls sehr freuen, wenn Du Dich hier Mal öfter
zu Wort meldest.

[pattern]

jeder ist für seine Entscheidungen selbst verantwortlich. Ich habe nicht durch Dich Ashburton gekauft und mache Dich deshalb nicht verantwortlich. Der Cash hat sich halt nur sehr stark reduziert und irgendwann können Bohrungen nicht mehr finanziert werden. Deshalb sind positive Ergebnisse in nächster Zeit zwingend nötig um den Kurs nach oben zu bringen. Im übrigen sind die Kurse in Deutschland so was von unwichtig und deshalb wenig aussagekräftig.

[Gelfling]

Antwort auf Beitrag Nr.: 23.267.519 von pattern am 01.08.06 14:12:13

Ich habe in zurückliegender Zeit lediglich allgemein aufgezeigt, was es auch bedeutet, in Explorer überhaupt zu investieren......
Mir war und ist es wichtig, dass zumindest in diesem Forum darauf
hingewiesen wird Risiko/Chancen

Natürlich halte ich ASHBURTON für einen der besonderen Explorer.
Warten wir Mal die Ergebnisse mit Geduld ab.
ASHBURTON treibt die Projekte massiv voran. Davon bin ich überzeugt.
Denn die wissen natürlich, dass Zeit=Geld ist.

Ich gehe immer noch davon aus, dass ASHBURTON schneller übernommen
wird, als manche denken.

Wir werden sehen.
Bestimmte Explorer haben zu Recht einen schlechten Ruf. Ich hoffe nicht, dass sich das auf andere unbescholtene
Explorer, wie auch auf diesen, überträgt.
Dieses Denken wäre verkehrt.
ASHBURTON ist keine Abzockerbude!!!!!!
Die Struktur ist in Ordnung.
ASHBURTON ist ein gesunder Explorer!
Sie arbeiten zudem auch an der Homepage und sind aktueller als zuvor.
Mein Vertrauen haben sie.
Schade und nicht nachvollziehbar finde ich die derzeitigen Kurse.

[evens]

Sersn Gelfling!

Hag mal auf die Homepage geschaut!
Gar nicht so übel.
Denke auch dass bei Ash wirklich gearbeitet wird, und früher oder später wird sich das auch für die Aktionäre auszahlen?

Wie ist denn die Marktkapitalisierung derzeit?

Gruß evens

[Gelfling]

Antwort auf Beitrag Nr.: 23.272.053 von evens am 01.08.06 18:54:49

Hallo evens

derzeitig

MK 1,67 Mio. Euro

80 MIO Aktien

[Gelfling]

Guten Morgen ASHIES

Derzeitig in Australien:
Kurs: 0,036AUD (0,022€)

Gehandelt:.............................210.474 Aktien
BID:...0,043AUD (0,026€)........50.000 Aktien
ASK: 0,051AUD (0,031€)........55.000 Aktien
Bemerkung:

Seht Euch die Liste an.
Da kann man bestens erkennen, dass der Kurs bewusst massiv
gedrückt wurde.

Das BID steht mit 00,43 jedenfalls höher als der Kurs.
Bedeutet also, dass wir uns hier nicht von dem "TEST" anstecken lassen sollten.
Korrektur dürfte in Australien massiv Morgen anstehen (wenn es
hier im grünen Bereich bleibt).
Wir werden sehen, wo und wer letztendlich den Kurs bestimmt!!!
Letztendlich natürlich ASHBURTON-MINERAL.....

Liste AUSTRALIEN
04:39:11 0,036 7808
03:55:59 0,044 52666
03:55:59 0,045 9526
03:52:12 0,045 20000
03:28:45 0,045 20474
03:16:10 0,046 100000
03:16:10 0,046 0

[hellen09]

Antwort auf Beitrag Nr.: 23.278.961 von Gelfling am 02.08.06 10:19:25

Ich warte noch die Resultate der Bohrungen ab ..... dann bin ich wieder mit dabei ...... oder auch nicht.

MfG Hellen

[Gelfling]

Antwort auf Beitrag Nr.: 23.281.295 von hellen09 am 02.08.06 12:55:03

Guten Morgen hellen09 und ASHBURTONS

bist natürlich jederzeit hier willkommen.

Derzeitig in Australien:
Kurs: 0,036AUD (0,022€)

Gehandelt:.............................000.000 Aktien
BID:..0,044AUD (0,026€).......111.400 Aktien
ASK: 0,051AUD (0,031€)........55.000 Aktien

Bemerkung:

Keine ASHBURTON gehandelt.
Vielleicht findet hier heute der Eine oder der Andere ASH hier
den buy-button.
Ansonsten wurde BID von gestern 0,043AUD auf 0,044AUD gesetzt mit 111.400 Aktien.

Wünsche Euch einen guten Tag; bis heute Abend.

[hellen09]

Antwort auf Beitrag Nr.: 23.293.649 von Gelfling am 03.08.06 08:34:21

Hallo Gelfling ....alter Thread Recke

"Die Börse ist ein Paternoster. Es ist ungefährlich, durch den Keller zu fahren. Man muss nur die Nerven behalten."
2004 gab es ja im Aktionär die berühmte Empfehlung Ziel 1€, da bin ich wohl ein klitzekleinwenig geblendet worden.
Schöner Push und goldige Zeiten sollten für Ashi sofort anbrechen.... ich war mit dabei !!!! ... aber daraus wurde vorläufig nichts.
Natürlich möchte ich jetzt die anstehenden Ergebnisse für einen eventuellen Einstieg abwarten .... weil ich mich ja schon mal a bissel angeschmiert hatte, man wird da ja vorsichtiger...
So, nun hoffe ich, daß die Aktie im Auenland wieder mal etwas anzieht, die investierten Anleger oder die die es werden wollen, von den anstehenden Ergebnissen nicht enttäuscht werden.

MfG Hellen

[Gelfling]

Antwort auf Beitrag Nr.: 23.297.010 von hellen09 am 03.08.06 12:46:39

So, da bin ich noch Mal

Mit dem "Gepushe" finde ich natürlich nicht i.O.
Natürlich ist es oft schwer, eine Entscheidung über ein Investment zu treffen; oft werden durch "Hirnies" die es ja sehr ehrlich unehrlich meinen, leider Viele für deren Zwecke missbraucht.

Ich hatte deshalb u.a. auch ein entsprechendes Posting hier reingestellt.
#233 von Gelfling 11.06.06 23:39:16 Beitrag Nr.: 22.063.563

Mir ist nicht bekannt, dass ASHBURTON davon negativ betroffen war
oder ist, obwohl natürlich die Frage bleibt, wieso "Der Aktionär"
dieses Kursziel kurzfristig festgesetzt hatte.
Ich bin jedenfalls der Meinung, dass zumindest grundsätzlich ein
Unternehmen, egal welches Notierte, nichts dazu kann, wenn es gepusht wird.
Denn eines ist sicher: Spätestens hinterher hat es das betreffende Unternehmen schwerer denn je, die "Unterstellungen"
auszubügeln,es sei denn, dem Unternehmen ist es egal, ob es "den Bach runterrauscht".

ASHBURTON bemüht sich jedenfalls meiner Meinung nach sehr und ist
nach vorne ausgerichtet.
Warten wir die Ergebnisse ab und lassen wir uns (positiv) überraschen.
Ich jedenfalls bleibe bei meinem bereits erwähnten, kurzfristigen
Kursziel. Wir werden (es) sehen.

Die Deutsche Seite dürfte spätestens in ca. fünf Wochen auf der Homepage von ASHBURTON installiert sein.

Ich gehe davon aus, dass weiterhin NEWS, egal ob negative oder positive, hier sofort reingestellt werden.
Und das finde ich sehr wichtig und gut.

Mal sehen, was Australien nachher macht.
Irgendwann müssen sie ja wieder den Kopf aus dem Sand ziehen, um
Luft zu holen (zu handeln).
Heißen sie nun Australier oder Strauße, oder sind sie miteinander verwandt, oder..... oder.....

Gutes Nächtle Euch

GELFLING

[Gelfling]

Guten Tag ASHIES

Derzeitig in Australien:

Kurs: 0,044AUD (0,026€)

Gehandelt:...............................10.713 Aktien
BID:..0,044AUD (0,026€).......130.687 Aktien
ASK: 0,051AUD (0,030€)........55.000 Aktien

Bemerkung:
Welch gewaltiger Umsatz.
Lasst uns locker ins Wochenende gehen und Montag darüber reden.
Montag jedenfalls darf Australien vor uns wieder eröffnen.
Wäre schön, wenn es hier wieder "G R Ü N" bliebe.

Immerhin sind 0,033€ zur Zeit 0,055AUD und nicht 0,044 AUD.

[Gelfling]

Guten Morgen


Derzeitig in Australien:

Kurs: 0,044AUD (0,026€)

Gehandelt:..............................000.000 Aktien
BID:...0,046AUD (0,027€).......140.000 Aktien
ASK: 0,051AUD (0,030€).........55.000 Aktien

Frankfurt auch Mal:

BID.:....00,30€...........150.000 Aktien
ASK.:..00,35€...........364.500 Aktien

Bemerkung:
BID von 0,044AUD auf 0,046AUD gestellt.
Ansonsten steckt der Kopf drüben immer noch im Sand.
Was im Boden liegt, hat kein Verfallsdatum.
Vielleicht haben die Strauße drüben den Kopf immer noch
im Sand, um genau zu schauen, wie es unten mit den Bodenschätzen
aussieht.
Es gibt zur Zeit keine News.
Spread könnt Ihr Euch selber ausrechnen!
ALLES WIRD GUT.............................

[Gelfling]

Frankfurt (richtig):

BID.:....00,30€...........364.500 Aktien
ASK.:..00,35€...........150.000 Aktien

[Gelfling]

Guten Tag ASHIES

Derzeitig in Australien:

Kurs: 0,051AUD (0,030€)

Gehandelt:...............................55.000 Aktien
BID:...0,051AUD (0,030€)..........5.000 Aktien
ASK: 0,052AUD (0,031€)......100.000 Aktien

Bemerkung:
Wie ein Lämmerschwanz.
Wünsche Euch einen angenehmen, schönen Tag.

[Gelfling]

Guten Morgen


Derzeitig in Australien:

Kurs: 0,049AUD (0,029€)

Gehandelt:.............................161.677 Aktien
BID:...0,049AUD (0,029€)........58.322 Aktien
ASK: 0,050AUD (0,030€)........85.270 Aktien

Bemerkung:

[Gelfling]

Guten Tag


Derzeitig in Australien:

Kurs: 0,049AUD (0,029€)

Gehandelt:..............................78.334 Aktien
BID:..0,049AUD (0,029€)........39.988 Aktien
ASK: 0,050AUD (0,030€)........85.270 Aktien

Bemerkung:

[Gelfling]

Guten Tag ASH-Gemeinde


Derzeitig in Australien:

Kurs: 0,049AUD (0,030€)

Gehandelt:..............................000.000 Aktien
BID:...0,049AUD (0,030€).........39.988 Aktien
ASK: 0,050AUD (0,030€).........85.270 Aktien

Bemerkung:
Ist das eine schwierige Geburt.
Könnte sooooo schön einfach sein.
Vielleicht nächste Woche.
Genießt das Wochenende.
GELF

[Gelfling]

Guten Morgen
in Australien sind die Daten wie beim dortigen letzten
Handelstag.

Dafür stelle ich heute Mal Frankfurt rein:

Aktuell
0,03 EUR
Zeit
14.08.06 09:09
Diff. Vortag
-3,23 %
Tages-Vol.
--
Gehandelte Stück
0
Geld
0,03
Brief
0,031
Zeit
14.08.06 09:10

Geld Stk.
255.500

Brief Stk.
100.000

Bemerkung:
Wünsche uns natürlich eine gute ASHBURTON-Woche.

[Goldiger]

warum schreibt ihr nicht dann, wenn ihr wirklich etwas wichtiges zu sagen habt. Jeder kann bei seiner Bank selber nach dem Kurs schauen. Warum schreibt ihr nicht nur dann, wenn eine neue Release rauskommt. Es ist mir langsam müßig immer die dummen Bid und Askseiten von euch nachzulesen. Kostet nur Zeit und bringt nix

[Gelfling]

Antwort auf Beitrag Nr.: 23.441.766 von Goldiger am 14.08.06 18:02:58

Meine es halt gut

hätte sein können, dass der Eine oder Andere auch Mal etwas
schreibt, oder auch zu anderen identischen Werten, die durch
Pusherei wesentlich höher stehen.
Natürlich möglichst zu ASHBURTON selbst.

Momentan gibt es nur eine Kleinigkeit über ASHBURTON zu berichten:
Die Deutsche Seite wird schneller, als ich erwartet habe, installiert.

[bimi66]

Antwort auf Beitrag Nr.: 23.442.925 von Gelfling am 14.08.06 19:08:36

Hey Gelfling was Du hier machst ist schon Ordentlich bin leider etwas selten am PC wegen der vielen Arbeit aber werde demnächst noch mal nachlegen weil da wird was kommen die würden sich sonst nicht die mühe mit der neuen Website machen.Wer wohl 300000 Stück genommen hat.gruss bimi weiter so

[Gelfling]

Antwort auf Beitrag Nr.: 23.444.489 von bimi66 am 14.08.06 20:12:52

Danke für die Blumen
ich schreibe hier ja auch für Euch.
Natürlich bin ich von ASHBURTON überzeugt wie diejenigen, die hier
lesen. Mögen es auch momentan "nur" wenige sein, es wird sich ändern.
Es sind meiner Meinung nach günstigste Kurse hier zur Zeit.
Klar habe ich mir hier höhere Kurse gewünscht.
Denke, wer sich mit diesem Wert auseinandersetzt, kommt zum gleichen Ergebnis.
Es ist mir lieber zu warten, bis die Ergebnisse kommen.
Also warten wir noch etwas.

ASHBURTON wird seine Zahlen und Werte detailliert und nachvollziehbar belegen, so, wie sich das gehört.


ASHBURTON-MINERALS: Auf einem richtig guten Weg.

[Gelfling]

Antwort auf Beitrag Nr.: 23.441.766 von Goldiger am 14.08.06 18:02:58

Würde mich Mal interessieren, wie Du zu ASHBURTON stehst.

[Gelfling]

Guten Tag

Derzeitiger Kurs in Australien:

Kurs:............00,49AUD....(0,029€)

Gehandelt:..........................................55.000 Aktien

BID:..............0,049AUD....(0,029€).....44.988 Aktien
ASK:............0,050AUD....(0,030€).....30.270 Aktien

[Gelfling]

Guten Tag ASHIES

Kurse in Australien wie gestern unverändert.

[Gelfling]

Guten Tag ASH-Gemeinde

Derzeitiger Kurs in Australien:

Kurs:............00,45AUD....(0,027€)

Gehandelt:.........................................350.000 Aktien

BID:..............0,045AUD....(0,027€)....124.988 Aktien
ASK:.............0,049AUD....(0,029€).....30.270 Aktien

Bemerkung:

00,35€=00,51AUD

Bleibts hier grün, wird Australien reagieren.

[Gelfling]

Guten Morgen Liebe ASHIES.....

Ich melde mich bei Euch ab.
Für die nächsten 14 Tage,
weil........

in Australien steht ASHBURTON unverändert.
Wäre schön, wenn wir im guten Plus heute schließen könnten.
Schaut bitte selber auf die Homepage und stellt die NEWS bitte rein!
Wenn ich wieder hier bin, werden wir höhere Kurse haben.
Davon bin ich überzeugt!
Daran lasse ich mich messen!!!
ASHBURTON MINERAL: Auf dem richtig, guten Weg..............


Auch wenn Peer STEINBRÜCK sagt, wir sollen 1x pro Jahr auf
den Urlaub verzichten..........
Peer STEINBRÜCK: Auf dem falschen, schlechten Weg......

[evens]

40.000 Stücke zu 0,027 €!#

Da hat wohl einer nicht mehr alle Steine auf der Schleuder!

[Gelfling]

Guten Tag ASH-Gemeinde

Derzeitiger Kurs in Australien:

Kurs:............00,45AUD....(0,027€)

Gehandelt:.........................................000.000 Aktien

BID:..............0,045AUD....(0,027€)......39.988 Aktien
ASK:.............0,047AUD....(0,028€)....261.300 Aktien

Bemerkung:
Xetra ist ja i.O. würde auch nicht meckern.
Der Kurs hat sich hier wohl momentan "festgefahren".
Ich bin davon ausgegangen, dass inzwischen auf der ASHBURTON-Homepage
die DEUTSCHE Seite voll installiert ist.
Auch habe ich erwartet, dass die Ergebnisse (LAVRINHA) vorliegen!!!

Habe eine entsprechende Anfrage gestartet.
Bin schon sehr sauer.
Ich glaube, ich brauche irgendwie Urlaub.










wenn ich den Xetra-Kurs betrachte, ist ja alles i.O.

[Gelfling]

Guten Morgen ASHBURTONS

Derzeitiger Kurs in Australien:

Kurs:............00,47AUD....(0,028€)

Gehandelt:.........................................252.988 Aktien

BID:..............0,043AUD....(0,026€)......50.000 Aktien
ASK:.............0,047AUD....(0,028€)....252.988 Aktien

Börse
Frankfurt

Aktuell
0,03 EUR

Zeit
06.09.06 09:06

Diff. Vortag
+3,45 %

Bemerkung:
1.)Na, geht doch.
Somit ist zunächst erst Mal die Deutsche Seite von ASHBURTON- MINERALS da. Der Rest kommt auch noch (etwas Geduld bitte)!!!


2.) Aktueller Kurs in Frankfurt ist 0,03€ zur Zeit.

3.) Stelle hier einen Teilauszug von ASHBURTON rein.
Sollen diejenigen, die hier das erste Mal sind, lesen und sich
intensiv mit diesen Wert auseinandersetzen.

Ashburtons brasilianische Tochtergesellschaft Trans Pacific Gold Mineração Ltda (TPGM) hat seine Option über das Lavrinha-Schürfgebiet sowie über weitern Grundbesitz in der Pontes e Lacerda Region im westlichen Staat Mato Grosso in Brasilien ausgeübt. Im Paket enthalten ist das Lavrinha-Schürfgebiet, das alte Garimpeiro-Schürfungen und neuere, hochwertige Bohrabschnitte, wie z.B. 4m @ 16.36 g/t und 4m @ 19.22 g/t enthält. Im Juli 2006 werden dort erste Bohrungen mit dem Ziel durchgeführt, an dieser Stelle eine JORC-konforme Ressource zu etablieren.

Dieses Projekt ermöglicht Ashburton den Zugriff auf eine an Bodenschätzen reiche Stelle. Die umfangreichen handwerklichen Schürfungen sind ein deutlicher Hinweis auf ausgedehnte Goldvererzungen und alte Bohraufzeichnungen in Lavrinha zeigen mehrere vielversprechende Durchschläge. Ashburton geht davon aus, dass Lavrinha ein potentielles Rohstoffvorkommen von 200.000 – 300.000 Unzen beherbergt. Das anstehende Bohrprogramm soll dieses Potential bestätigen.

ASHBURTON-MINERALS: Es geht voran...................

[Gelfling]

Ihr solltet ASHBURTON-MINERALS nicht mehr aus den Augen lassen!!!!!

[Gelfling]

Guten Morgen allerseits
Derzeitiger Kurs in Australien: Unverändert (s.o.)
Bemerkung:
Es wird bereits im Vorfeld spannend...............

[Gelfling]

Guten Morgen ASHBURTONS

Derzeitiger Kurs in Australien:

Kurs:............00,47AUD....(0,028€)

Gehandelt:.........................................100.000 Aktien

BID:..............0,046AUD....(0,027€)......42.000 Aktien
ASK:.............0,047AUD....(0,028€)......8.312 Aktien

Bemerkung:
Wochenend und Sonnenschein, ASHBURTON wird nicht mehr lang im Schatten sein.......

GELFLING

[Gelfling]

Antwort auf Beitrag Nr.: 23.817.902 von Gelfling am 08.09.06 08:32:14

Guten Morgen
Derzeitiger Kurs in Australien:

Kurs:............00,52AUD....(0,031€)
Gehandelt:.........................................176.312 Aktien

BID:..............0,049AUD....(0,029€).....100.000 Aktien
ASK:.............0,055AUD....(0,033€).....26.667 Aktien

Bemerkung:

Ihr solltet ASHBURTON-MINERALS nicht mehr aus den Augen lassen!!!!!

[Gelfling]

Antwort auf Beitrag Nr.: 23.868.835 von Gelfling am 11.09.06 08:37:32

Wie Ihr wisst, handelt es sich bei der folgenden NEWS um eine
Mitteilung, die schon seit längerer Zeit Bestand hat.


Latest News
Ashburton Minerals Ltd. ist ein Rohstoffunternehmen mit Sitz in Australien, das sich hauptsächlich auf die Exploration und Erschließung moderner Goldprojekte in Brasilien konzentriert, bei denen in Kürze mit der Goldproduktion begonnen werden soll.
============================================================
Die Ergebnisse LAVRINHA betreffend, werden nach meinem Informationsstand
diese, oder nächste Woche vorliegen bzw. veröffentlicht.
Hoffen wir auf gute Ergebnisse.........

Lavrinha Gold-Schürfgebiet, Brasilien
Ashburtons brasilianische Tochtergesellschaft Trans Pacific Gold Mineração Ltda (TPGM) hat seine Option über das Lavrinha-Schürfgebiet sowie über weitern Grundbesitz in der Pontes e Lacerda Region im westlichen Staat Mato Grosso in Brasilien ausgeübt. Im Paket enthalten ist das Lavrinha-Schürfgebiet, das alte Garimpeiro-Schürfungen und neuere, hochwertige Bohrabschnitte, wie z.B. 4m @ 16.36 g/t und 4m @ 19.22 g/t enthält. Im Juli 2006 werden dort erste Bohrungen mit dem Ziel durchgeführt, an dieser Stelle eine JORC-konforme Ressource zu etablieren.
Dieses Projekt ermöglicht Ashburton den Zugriff auf eine an Bodenschätzen reiche Stelle. Die umfangreichen handwerklichen Schürfungen sind ein deutlicher Hinweis auf ausgedehnte Goldvererzungen und alte Bohraufzeichnungen in Lavrinha zeigen mehrere vielversprechende Durchschläge. Ashburton geht davon aus, dass Lavrinha ein potentielles Rohstoffvorkommen von 200.000 – 300.000 Unzen beherbergt. Das anstehende Bohrprogramm soll dieses Potential bestätigen.
==========================================
Die o.a. geschätzten Vorkommen sind konservativ zu sehen.

Und hier wird, so wie es sehe, von einem "HIRNI" der Kurs gedrückt.

Zeit Kurs Volumen
11:37:05 0,027 3333
10:23:22 0,028 20000
09:47:03 0,029 31000
09:11:54 B 0,030 0


GELFLING

[Gelfling]

Antwort auf Beitrag Nr.: 23.872.335 von Gelfling am 11.09.06 13:02:03

Guten Morgen

Derzeitiger Kurs in Australien:

Kurs:............00,50AUD....(0,030€)

Gehandelt:...........................................100.000 Aktien

BID:..............0,048AUD....(0,028€)......100.000 Aktien
ASK:............0,047AUD....(0,033€)........26.667 Aktien

Bemerkung:
ASK hat hier angezogen.

[aGoodFriend1]

Antwort auf Beitrag Nr.: 23.884.747 von Gelfling am 12.09.06 08:50:43

guten morgen,

an alle ashburton interessierten

hier kann ich ja alle fast persönlich mit einem handschlag begrüße

ne Gelfing

ich melde mich heute noch bei dir...

grüße
aGoodFriend1

[Gelfling]

Antwort auf Beitrag Nr.: 23.888.165 von aGoodFriend1 am 12.09.06 11:58:52

Guten Morgen ASHBURTONS
and aGoodFriend1

Australien derzeit unverändert.

[Gelfling]

Wieso wird hier der Kurs immer noch gedrückt?

[gordonshoumway]

Antwort auf Beitrag Nr.: 23.868.835 von Gelfling am 11.09.06 08:37:32

abber mit der seite gehts bei den au net voran!!!!

gordon

[aGoodFriend1]

Antwort auf Beitrag Nr.: 23.906.728 von gordonshoumway am 13.09.06 11:48:07

hi Gelfling,

ich habe mich ebend mit ashburton befasst.dazu muss ich dir sagen, das bei mir 2 herzen in meiner brust schlagen...

unter ökonomischer sicht sieht es ganz schlecht aus! sie haben nur noch 900.000 aus-$ assets...sprich, wenn sie wie für das erste quartal geplant, die ausgaben fortschreiben(300.00 aus-$)...dann haben sie gerade mal für 3 quartale geld! und eine produktionaufnahme schein mir bei keinem projekt aktuell in diesem zeitraum für möglich. auch nicht beim projekt LAVRINHA! tut mir leid die diese zeilen zu schreiben...somit wird in den nächsten wochen und monaten erneut geld benötigt werden...wo kann das herkommen? durch ausübung von optionen? das wohl kaum. dazu sieht die bezugspreise einfach zu hoch. diese bewegen sich alle zischen 0,15 aus-$ - 0,32 aus-$ )die insider könnten alle aktien auch übern aktienmarkt kaufen...eine kaptitalerhöhung? hmm, bei diesen kursen müssten eine menge aktien gezeichnet werden! also für derzeitige aktionäre auch keine optimale lösung!(unter kurzfristigen gesichtspunkten).dies jedoch besser, als wenn ashburton pleite gehen würde.

um einigermaßen sicher an neues geld zu kommen, wäre das ziehen der optionen ein probates mittel. damit dies geschieht müsste sich der kurs aber sehr heftig nach oben bewegen, da ja optionen gezogen werden, wenn der kurs etwas übern dem bezugskurs steht...

wenn ich mir den vertrag mit Trans Pacific Gold Mineração Ltda ansehe, ist dieser sehr langfristig gestrickt...und warum sollen sie sich darauf einlassen, wenn es diese firma in 3 quartalen aus liquiditätsgründen nicht mehr gibt?

und warum scheut gerade jetzt ashburton keine mühe und kosten ihre homepage auch auf deutsch zu übersetzen, wenn sie kein geld mehr haben? wenn ich mir die trades so anschaue, kann durchaus was im busch sein. meine vermutung liegt nahe, das hier ein erneuter run durch diverse leute vorbereitet wird...ist nur so eine vermutung aber sicher ist nichts...zumindest eine affinität zu diesem wert scheine diese leute zu besitzen...

also aus den aktuellen fakten würde ich mir hier keine aktien zulegen.bei ashburton gibt es einfach zu viele wenn und abers. ich würde erst investieren, wenn entweder gute news publiziert wurden oder die umsätze ohne signifikanten grund ansteigen(lässt auf gewisse laute schließen).wenn ich mir die aktuelle bewertung anschauen(knapp 2 mio €) und sie mit den geschätzen vorkommen von 200.000 - 300.000 unzen beim projekt Lavrinha gegenüberstelle ist hier durchaus ein enormer hebel möglich. aber diese frage stellt sich zur zeit nicht.erst wenn die geldprobleme beseitigt sind, sollte man hier ein investment in betracht ziehen.

ich hoffe, das dies dir als persönliche meinung genügt.falls du weitere fragen hast...weißt ja, kannst du mich anschreiben

grüße
aGoodFriend1

[Gelfling]

Antwort auf Beitrag Nr.: 23.909.317 von aGoodFriend1 am 13.09.06 14:32:31

So, da bin ich wieder
vielen Dank für Deine Meinung.
Leider kommen hier keine Kommentare.

Die bestehenden Verträge sind fundamental gut und langfristig.

Meine persönliche Meinung ist, dass sich aufgrund der
nächsten Ergebnisse eine massive Aufwärtsbewegung ergeben wird.
An den kommenden Ergebnissen werde ich mich orientieren-
habe ich aber auch schon geschrieben.

(Insbesondere, wenn ich mir andere Werte, wie z.B Rochester anschaue, die zwar auch noch über Silbervorkommen - aber nur ca. 20.000 Unzen Gold verfügen sollen.)

ASHBURTONS finanzielle Situation ist ja bekannt.
Es könnte ein sehr großes Problem werden, zur Zeit noch nicht.
Hatte auch schon Mal geschrieben, dass diejenigen, die unsicher
sind, aus dem Wert rausgehen und bei entsprechenden NEWS wieder
einsteigen könnten.

ASHBURTON sollte nicht mehr aus den Augen gelassen werden.......

GELFLING

[Gelfling]

Guten Morgen
Derzeitiger Kurs in Australien:

Kurs:............00,05AUD....(0,030€)

Gehandelt:.........................................000.000 Aktien

BID:..............0,043AUD....(0,026€)......50.000 Aktien
ASK:............0,054AUD....(0,032€)......75.300 Aktien

Spread: 20%

[Gelfling]

Antwort auf Beitrag Nr.: 23.926.195 von Gelfling am 14.09.06 09:36:35

Guten Morgähn


Derzeitiger Kurs in Australien:

Kurs:............00,05AUD....(0,030€)

Gehandelt:.........................................000.000 Aktien

BID:.............0,05AUD....(0,030€).....100.000 Aktien
ASK:............0,055AUD....(0,033€)......26.667 Aktien

Bemerkung:BID/ASK hochgefahren.
Sieht ja schon Mal gut aus.
So, jetzt bitte hier das Ganze auch.

[aGoodFriend1]

Antwort auf Beitrag Nr.: 23.944.617 von Gelfling am 15.09.06 08:32:34

Guten Tag,

der Gelfling hat heute Wochenende...

Heute macht er Pause mit seinem Ergebnisdienst

Grüße
aGoodFriend1

[Gelfling]

Guten Morgen


Derzeitiger Kurs in Australien:

Kurs:............00,05AUD....(0,030€)

Gehandelt:.........................................000.000 Aktien

BID:.............0,05AUD....(0,030€).....100.000 Aktien
ASK:............0,055AUD....(0,033€)......26.667 Aktien

Bemerkung:

Ich setze in diese Woche sehr, sehr viel Erwartungen!
Ich hoffe (gehe davon aus), dass es nicht nur bei dem
Ergebnisdienst bleiben wird.........

GELFLING

[Gelfling]

Antwort auf Beitrag Nr.: 24.015.807 von Gelfling am 18.09.06 10:48:50

Das kommt davon, wenn man verschlafen hat:
Gehandelt: 420.000 Aktien!

[aGoodFriend1]

Antwort auf Beitrag Nr.: 24.015.845 von Gelfling am 18.09.06 10:51:26

Na dann schaun wir gespannt, ob das Orakel recht behält

Grüße
aGoodFriend1

[Gelfling]

Antwort auf Beitrag Nr.: 24.025.301 von aGoodFriend1 am 18.09.06 19:28:38

Guten Morgen AGoodFriend1 und Investierte, Interessierte u.s.w.

Derzeitiges Gesamtbild in Australien ist unverändert.

Tja, aGoodFriend1
so gespannt war ich auch schon lange nicht mehr.

[aGoodFriend1]

Antwort auf Beitrag Nr.: 24.034.727 von Gelfling am 19.09.06 08:40:07

@Gelfling,

und die Spannung wird sich bis Donnerstag noch aufbauen,

Ich werde weiter gespannt deine Postings verfolgen...

Grüße
aGoodFriend1

[Gelfling]

Antwort auf Beitrag Nr.: 24.037.639 von aGoodFriend1 am 19.09.06 11:26:57

Wenn Du nichts verpassen willst, solltest Du auf alle Fälle sehr wachsam sein!
Die Ergebnisse stehen vor der Tür!!!

[evens]

So langsam dürfte Ash wirlich mal was anständiges bringen!
Da geht ja gar nix!

[Gelfling]

Antwort auf Beitrag Nr.: 24.047.805 von evens am 19.09.06 19:26:19

Da stimme ich Dir unumwunden zu!!!
Ich bin der Meinung, dass ich hier eine gewisse Verantwortung habe.
Ich werde mich hüten, hier irgendwelche Aussagen von ASHBURTON
zu manipulieren, oder anders darzustellen.
Abgesehen davon ist es mir wichtig, miteinander offen und ehrlich
umzugehen.
Leider ist das in anderen THREADS oftmals anders.
Aber wir sind hier, nicht woanders!
Seitens ASHBURTON habe ich die Mitteilung erhalten, dass die
LAVRINHA-Ergebnisse jeden Tag eintreffen werden.
Auf deren Homepage gibt es zur Zeit immer noch Probleme, an denen
gearbeitet wird.

Letzteres ist zwar auch wichtig, aber momentan zweitrangig.
Zuversicht ist meiner Meinung nach angebracht.

[Gelfling]

Guten Morgen


Derzeitiger Kurs in Australien:

Kurs:............00,05AUD....(0,030€)

Gehandelt:..........................................19.667 Aktien

BID:..............0,005AUD....(0,030€)......10.133 Aktien
ASK:............0,055AUD....(0,033€)......26.667 Aktien

Bemerkung:

[aGoodFriend1]

Antwort auf Beitrag Nr.: 24.055.343 von Gelfling am 20.09.06 08:27:57

@Gelfling,

man wo kommt den das Hammer Volumen her?

19667 Aktien ist ja der Wahnsinn!

Ist hoffentlich die Ruhe vorm Sturm

Grüße
aGoodFriend1

[Gelfling]

Antwort auf Beitrag Nr.: 24.068.561 von aGoodFriend1 am 20.09.06 19:51:43

Guten Morgen aGoodFriend1
auch in Australien wird gewartet.
Habe noch keine aktuellen Informationen.
Der Kurs in Australien u n v e r ä n d e r t
BAB= Bleibe Am Ball.
Bis nachher

[aGoodFriend1]

Antwort auf Beitrag Nr.: 24.076.171 von Gelfling am 21.09.06 08:26:07

Hi Gelfling,

na dann schönes BAB!

Alle hier im Thread zählen auf dich...wirklich alle...

Also ich

Grüße
aGoodFriend1

[Gelfling]

Antwort auf Beitrag Nr.: 24.080.994 von aGoodFriend1 am 21.09.06 13:04:00

Super,
dann kann ich Dich ja direkt anschreiben.
Wollen wir uns beide den aussichts"reichen" Explorer teilen?
Zumindes könnten wir beide so die Australische Staatsbürgerschaft
bekommen.
Falls noch jemand mitlesen sollte:
Ich habe heute vormittag noch schnell eine e-mail abgeschickt.
Bislang ist noch keine Antwort eingetroffen.
Ich bin davon ausgegeangen, dass die Ergebnisse jetzt vorliegen.

Sollte sich nächste Woche nichts tun, überlege ich, hier
nach dieser für mich gesetzten Frist auszusteigen.
Dieses ist meine ehrliche Meinung.
Jeder, wie er denkt.
Ich bin zwar nach wie vor von ASHBURTON überzeugt, aber die
Ergebnisse sollten seit ca. Anfang dieser Woche vorliegen.
Natürlich habe ich einen guten Kontakt zu ASHBURTON.
Deshalb ist es mir sehr wichtig gewesen, ein entsprechendes
Schreiben dorthin zu senden.
Da heute in Australien bereits Freitag ist, werde ich wohl leider
bis kommenden Montag keine Antwort erhalten.

Momentan würde ich mit Aktivitäten (Käufe/Verkäufe) warten.
-Meine Meinung-

Das zur Zeit einzig Positive ist, dass sich der Kurs in Australien
genau auf der 00,50AUD-Linie gesetzt hat.
Zumindest ist das etwas sehr Angenehmes!!!
Und hier in Deutschland steht das ASK seit einiger Zeit bei 00,30€.
Das ist auch sehr gut.
Trotzdem: Ich will jetzt die Ergebnisse Mal langsam sehen!
Meinungen??????
Euer etwas gefrusteter
GELFLING

[Gelfling]

Antwort auf Beitrag Nr.: 24.088.186 von Gelfling am 21.09.06 18:39:18

Der Vollständigkeitshalber:
19.09.2006, 04.22 Uhr

Dear xxxx
The results will be released as soon as we receive the final verification results - due ANY day now...

The German website is not OK. It needs to show more information and I have organised for more material to be translated. Once translated, it needs to be to verified by another source and then it needs to be uploaded to the website. I expect this to be done by end next week.

This is all I can tell you for now.
Regards


Satz des letzten Textes ist falsxh:
Ergebnisse sollten seit ca. Anfang dieser Woche vorliegen.

Muss richtig heißen:
====================

Ergebnisse sollten bis Ende dieser Woche vorliegen.

So, jetzt ist es richtig!
Liebe Grüße
GELFLING

[Gelfling]

Guten Morgen

Derzeitiger Kurs in Australien:

Kurs:.................00,05AUD....(0,030€)

Gehandelt:.............................................5.000 Aktien

BID:..............0,005AUD....(0,030€).......5.133 Aktien
ASK:.............0,055AUD....(0,033€)......26.667 Aktien

Bemerkung:
Habe noch keine Antwort erhalten.
Warte immer noch auf EURE Meinungen!
Ansonsten schönes Wochenende, bis Montag.

[aGoodFriend1]

Antwort auf Beitrag Nr.: 24.096.498 von Gelfling am 22.09.06 08:39:10

@Gelfling,

viel kann man dazu leider nicht sagen, aber wenn die Nachrichten nicht bald heraus kommen, würde ich über Konsequenzen nachdenken.

Grüße
aGoodFriend1

[Gelfling]

Antwort auf Beitrag Nr.: 24.100.347 von aGoodFriend1 am 22.09.06 12:17:00

Habe ich ja gechrieben.

Habe heute Vormittag Antwort erhalten.
Informationen gehen derzeitig nicht raus.
Es bleibt die Freigabe der Informationen abzuwarten.
Bedeutungslose Mitteilungen werden die Verantwortlichen
von ASHBURTON nicht machen, weil so etwas zu Irritationen führt bzw. führen kann.
Nun mal (wieder oder noch) abwarten.

Ich werde der nächsten Woche ASHBURTON positiv gegenüberstehen.
Explorer sind halt vergleichbar mit Frauen........................

Alles eine Vertrauensfrage.

So, jetzt aber ins Wochenende abtauchen.
GELFLING

[Gelfling]

Derzeitiger Kurs in Australien:

Kurs:............0,050AUD....(0,030€)

Gehandelt:...........................................5.133 Aktien

BID:..............0,045AUD....(0,027€)......50.000 Aktien
ASK:.............0,050AUD....(0,030€)......8.201 Aktien

Bemerkung:
Wünsche uns eine gute ASHBURTON-Woche.

[Gelfling]

Derzeitiger Kurs in Australien:

Kurs:............0,050AUD....(0,030€)

Gehandelt:.........................................000.000 Aktien

BID:..............0,044AUD....(0,026€)......50.000 Aktien
ASK:............0,050AUD....(0,030€)........8.201 Aktien

Bemerkung:
Bis auf das BID ist alles unverändert.
Die 0,05 AUD scheinen den Boden zu bilden.
Auch drüben wird gewartet, gewartet, gewartet.......
Dieses Warten nervt.
Wird es sich lohnen?
Geduld (nervig) x Ergebnisse = oder oder:

Ich persönlich bin überzeugt =

[gordonshoumway]

Antwort auf Beitrag Nr.: 24.202.091 von Gelfling am 26.09.06 08:37:38

nur ratten verlassen das sinkende schiff!!!

und wenn alles absäuft ich schlucks und bleib dabei
ich glaub ich gehör schon zum inventar!!!

der gordon

[hellen09]

Antwort auf Beitrag Nr.: 24.217.021 von gordonshoumway am 26.09.06 20:34:05

Inventar oder auch Anlagenstamm ist ein Bestandsverzeichnis aller bilanzierten Vermögensgegenstände und Schulden eines Unternehmens. Der Begriff stammt von dem im 15./16. Jahrhundert gebräuchlichen, lateinischen Wort inventarium (juristisches Fachwort) ab. Das Inventar ist gem. § 240 Abs. 1 HGB vom Kaufmann zu Beginn seines Handelsgewerbes und zum Schluss eines jeden Geschäftsjahres aufzustellen. Eine Inventaraufstellung in Kontenform nennt man Bilanz.

Willkommen im Inventar Gordonshoumway.

MfG Hellen

[Gelfling]

Guten Morgen Ihr beiden
das Schiff ist ja noch gar nicht ausgelaufen.
Es wird gerade erst beladen.
Gordon, Hellen09, wumm11, wummi, evens, pattern, wolfvestor, bimi66, fleurop gehören für mich zu der CREW.
Achso, ich auch noch.

Leider habe ich noch nichts aktuelles.
Werde nochmals heute (gleich) eine e-mail verschicken.
Bei Neuigkeiten werde ich Euch zunächst direkt einzeln anschreiben.

Kurs in Australien ist unverändert = 0,050AUD (gut).
BID zur Zeit auf 0,045AUD.
ASK zur Zeit auf 0,050AUD.

Bis nachher.
GELFLING

[Gelfling]

Antwort auf Beitrag Nr.: 24.225.244 von Gelfling am 27.09.06 08:59:20

Wie versprochen, habe ich eine e-mail an ASHBURTON geschickt.
So, denke Mal, dass ich heute Nacht Antwort erhalte.

[Gelfling]

Antwort auf Beitrag Nr.: 24.241.943 von Gelfling am 27.09.06 21:18:09

Guten Morgen
ich habe bislang keine Antwort erhalten.
Kümmere mich drum.

Kurs in Australien unverändert (0,05AUD).

[saarwebweb]

Antwort auf Beitrag Nr.: 24.252.493 von Gelfling am 28.09.06 08:38:18

hallo gelfing,
lese seit april immer mit,habe erst heute eine mail-adresse.
ich danke dir. dass du im thread diese informationen gibst,
sonst wüsste ich gar nicht,was mit der aktie los ist.
am liebsten würde ich verkaufen, glaube aber nicht, dass ich
sie losbekäme.

schönen tag und schönes wochenende

[Gelfling]

Antwort auf Beitrag Nr.: 24.265.630 von saarwebweb am 28.09.06 20:10:36

Hallo saarwebweb und HERZLICH WILLKOMMEN

Danke
ich versuche nicht nur, sondern ich setze wirklich alles daran was ich kann, um Infos zu bekommen.
Solange keine NEWS kommen, müssen wir uns gedulden.
Ich weiß, es ist wirklich mehr als ein Geduldsspiel, auch für mich.

Wenn ich nicht Mal eine Rückmeldung von ASHBURTON bekommen würde,
sich gar nichts tun würde (Langzeitverträge, Homepage-zwar in deutsch-aber nicht vollständig)
ja, dann wäre ich hier weg.
Momentan werde ich keine Käufe oder Verkäufe tätigen.

Mache mich gleich daran, eine zusammenfassende und "intensive"
e-mail an ASHBURTON nochmals zu schreiben.
Den letzten Sachstand hatte ich von dort am 19.09.2006 bekommen; den am 21.09.2006 in den THREAD gestellt.
So, die Aussage ist belegbar.
In Australien scheint die 0,050AUD-Linie sich zunächst auszubauen.

Bis Morgen
GELFLING

[Gelfling]

Guten Morgen

Derzeitiger Kurs in Australien:

Kurs:............0,045AUD....(0,027€)

Gehandelt:............................................10.000 Aktien

BID:.............0,045AUD....(0,027€).....260.000 Aktien
ASK:............0,050AUD....(0,030€)........8.201 Aktien

Bemerkung:
Seht Euch das BID an.

Eine Antwort habe ich erhalten.
Daraus geht nichts Neues hervor.
Ich jedenfalls bleibe dabei:
Hier im Thread und investiert.
Ich denke, ASHBURTON ist auf einem richtig guten Weg.
Ich hoffe, der Kurs stabilisiert sich hier zumindest etwas oberhalb
von 0,030€.
Melde mich nachher nochmals.
GELFLING

[Gelfling]

Antwort auf Beitrag Nr.: 24.273.979 von Gelfling am 29.09.06 08:47:45

Wen es interessiert:

1.)
Mit dem Schwerpunkt Brasilien und den von der Company ausgewählten Gebieten haben sie meines Erachtens eine gute Wahl getroffen.

Cuiaba Goldprojekt, Brasilien
Ashburton hat mit der AIM-notierten Minmet plc eine Options- und Joint-Venture-Vereinbarung bezüglich der Goldgebiete von Minmet in Cuiaba abgeschlossen. Im Cuiaba-Pocone-Gebiet finden sich bedeutende Goldvererzungen in dem über 120km zahlreiche private (Garimpeiro) Goldschürfungen verstreut sind. Aufgrund des Umfangs dieser Arbeiten geht Ashburton davon aus, dass dieses Gebiet das Potential für mehrere größere, industrielle nutzbare Goldfelder enthält. Dennoch bleibt dieses Gebiet, gemessen an australischen Maßstäben , praktisch unerschlossen. Ashburton hat mittels Trans Pacific Gold Mineração Ltda (TPGM) das Management des Projekts übernommen und Zugriff auf eine große Menge an, von Minmet zusammengetragener, regionaler Explorationsdaten erhalten. Darunter befindet sich eine aus der Luft durchgeführte, geophysikalische Vermessung, die einen Bereich von ca. 150km x 50km abdeckt, der sich über das gesamte Cuiaba-Pocone-Gebiet erstreckt. Der Umfang dieser geophysikalischen Vermessung umgrenzt das Cuiaba Goldprojekt.

Das Cuiaba Goldprojekt besteht aus zwei Teilen, nämlich

den identifizierten Goldfelder;
dem innerhalb des Projektbereichs verbleibendem Terrain, das durch das Ausmaß der geophysikalischen Vermessung festgelegt wird.
An mehreren Orten ausgedehnter Garimpeiro-Schürfungen von Quarzgängen in proterozoischen Ablagerungen existieren betriebsbereite Bohrziele. Die Auswertung dieser identifizierten Bohrziele beginnt umgehend. Längerfristige Bemühungen werden sich auf die Exploration großer, verteilter Vorkommen wie in Paracatu und Carlin konzentrieren.

Gemäß den Bedingungen der Vereinbarung hat sich Ashburton einen dreijähigen Optionszeitraum gesichert, wofür Minmet Folgendes erhält:

1.609.332 voll eingezahlte Ashburton-Stammaktien; sowie
500.000 freie unnotierte Optionen mit einem Optionspreis von je 15 Cent bis zum 30. Juni 2009

2.)
Lavrinha Gold-Schürfgebiet, Brasilien
Ashburtons brasilianische Tochtergesellschaft Trans Pacific Gold Mineração Ltda (TPGM) hat seine Option über das Lavrinha-Schürfgebiet sowie über weitern Grundbesitz in der Pontes e Lacerda Region im westlichen Staat Mato Grosso in Brasilien ausgeübt. Im Paket enthalten ist das Lavrinha-Schürfgebiet, das alte Garimpeiro-Schürfungen und neuere, hochwertige Bohrabschnitte, wie z.B. 4m @ 16.36 g/t und 4m @ 19.22 g/t enthält. Im Juli 2006 werden dort erste Bohrungen mit dem Ziel durchgeführt, an dieser Stelle eine JORC-konforme Ressource zu etablieren.

Dieses Projekt ermöglicht Ashburton den Zugriff auf eine an Bodenschätzen reiche Stelle. Die umfangreichen handwerklichen Schürfungen sind ein deutlicher Hinweis auf ausgedehnte Goldvererzungen und alte Bohraufzeichnungen in Lavrinha zeigen mehrere vielversprechende Durchschläge. Ashburton geht davon aus, dass Lavrinha ein potentielles Rohstoffvorkommen von 200.000 – 300.000 Unzen beherbergt. Das anstehende Bohrprogramm soll dieses Potential bestätigen.
3.)
O.a. Texte stammen aus der Homepage ASHBURTON-MINERALS.
Lest auch bitte selber (auf der noch nicht reparierten Homepage ASHBURTON-MINERALS).

So, bis nachher.
GELFLING

[saarwebweb]

Antwort auf Beitrag Nr.: 24.274.308 von Gelfling am 29.09.06 09:09:41

hallo gelfing.
ganz herzlichen dank für deine ausführliche information.
wie kommt es.dass bei dieser aktie so wenig leute im treath
sind? immerhin war sie lange zeit in video text gelistet,
wodurch ich auch aufmerksam wurde.bei vielen anderen kleinen pennystocks ist die hölle los.wie haben die mehr aufmerksamkeit
bekommen?
viele grüße
swb

[saarwebweb]

Antwort auf Beitrag Nr.: 24.274.308 von Gelfling am 29.09.06 09:09:41

hallo gelfling
entschuldige,sehe gerade, habe deinenen namen falsch geschrieben
bis dann sweb

[Gelfling]

Antwort auf Beitrag Nr.: 24.278.040 von saarwebweb am 29.09.06 12:29:16

ich weiß, dass Du mich meinst-braucht Dich doch nicht entschuldigen.

Bei vielen anderen Explorern handelt es sich längst nicht um tasächliche Werte.
Die stinken halt wie ........ und ziehen natürlich Fliegen an!
Entsprechend die dazugehörigen Kommentare..........
Manche dasvon haben eine "SUPER-HOMEPAGE" -aber das war´s.
Und diese Dinger ziehen die guten ins Zwielicht-leider-.

Das Entscheidene ist doch einen WERT zu finden, was zugegeben, sehr schwierig ist .
Bei einem Wert habe ich zusätzlich einen Börsenbrief.

1)habe ich mich auch zunächst mit viel Zeitaufwand mit den diversen Explorern auseinandergesetzt.

2)Geschaut, welches Lamd, Vorkommen,welche Region, Stabilität, benachbarte Companies, usw.....

3)Ist eine wichtige Vertrauenssache.
Muss man auch viel Geduld haben - so wie mit Frauen.

Ich habe versucht, ASHBURTON mit anderen Explorern zu vergleichen, soweit das möglich ist.

Bin Mal dabei u.a. auf ROCHESTER gestoßen.
Größeres Silbervorkommen/ aber nur ca. 20.000 Unzen AU.
Dazu müssen die MK 10,33MIO €, 13MIO Aktien usw´berücksichtigt werden.
Soweit das möglich ist, ist es Mal ein interessanter Vergleich.


Es bleibt dabei:
Belegbare Fakten (Ergebnisse/CASH...) das ist die beste Werbung.

Da wird ASHBURTON bestimmt noch einiges GUTES mitzureden haben.
Euch schönes Wochenende
GELFLING

[puravida2006]

Antwort auf Beitrag Nr.: 24.289.259 von Gelfling am 29.09.06 20:10:04

na ich hoffe mal da geht was!!!!!!!!!!
vielleicht wie bei fortuna gaming?
viel glueck

[Gelfling]

Guten Morgen ASHBURTONS


Derzeitiger Kurs in Australien:

Kurs:............0,045AUD....(0,027€)

Gehandelt:..........................................000.000 Aktien

BID:...............0,045AUD....(0,027€).....260.000 Aktien
ASK:............0,050AUD....(0,030€)........8.201 Aktien

Bemerkung:
Drüben alles (noch) weiterhin unverändert.

Hallo puravida2006
die beiden sind zwar nicht annährend "verwandt", trotzdem vielen Dank.
Solltest Dich Mal mit Ashburton beschäftigen.
Vielleicht, eventuell, möglicherweise, demnächst, u.s.w. zündet ASHBURTON die Erste von mehreren Stufen.....
danach die Zweite von mehreren Stufen.....
dann die Dritte von mehreren Stufen..

[Gelfling]

Über anschließende Kommentare würde ich mich freuen:
====================================================




28 September 2006
The Manager
Company Announcements Office
Australian Stock Exchange Limited
20 Bond Street
SYDNEY NSW 2000
Via Electronic Lodgement
ASHBURTON MINERALS LTD
(“Ashburton” or “the Company”)
FINANCIAL REPORT
Please find attached the Company’s Financial Report for the period ended 30 June 2006.
Yours faithfully
Kim Massey
Company Secretary
For further information, please contact:
Ashburton Minerals Ltd
T: [phone]
F: [phone]
E: [e-mail]
ASHBURTON MINERALS LTD
AND CONTROLLED ENTITIES
ABN 99 008 894 442
FINANCIAL REPORT
FOR THE YEAR ENDED
30 JUNE 2006
TABLE OF CONTENTS
DIRECTORS’ REPORT..........................................................................................................................................................1
AUDITORS INDEPENDENCE DECLARATION....................................................................................................................11
FINANCIAL STATEMENTS
Income Statement........................................................................................................................................................12
Balance Sheet.............................................................................................................................................................13
Statement of changes in equity..................................................................................................................................14
Cashflow Statement......................................................................................................................................................16
Notes to and forming part of the Financial Statements.................................................................................................17
DIRECTORS’ DECLARATION.............................................................................................................................................52
INDEPENDENT AUDIT REPORT TO THE MEMBERS........................................................................................................53
CORPORATE GOVERNANCE STATEMENT......................................................................................................................55
CORPORATE DIRECTORY
Directors
Rick CRABB
(Non-Executive Chairman)
Tom DUKOVCIC
(Managing Director)
Rodney DUNN
(Executive Director)
Company Secretary
Kim MASSEY
Registered Office
Level 2
35-37 Havelock Street
WEST PERTH WA 6005
Telephone: [phone]
Facsimile: [phone]
Principal Place of Business
Level 2
35-37 Havelock Street
WEST PERTH WA 6005
Telephone: [phone]
Facsimile: [phone]
Website: www.ashburton-minerals.com.au
Solicitors
Blakiston & Crabb
1202 Hay Street
WEST PERTH WA 6005
Telephone: [phone]
Facsimile: [phone]
Country of Incorporation
Australia
Auditors
Moore Stephens Chartered Accountants
Level 3
12 St Georges Terrace
PERTH WA 6000
Telephone: [phone]
Facsimile: [phone]
Share Registry
Security Transfer Registrars Pty Ltd
770 Canning Highway
APPLECROSS WA 6153
Telephone: [phone]
Facsimile: [phone]
Home Exchange
Australian Stock Exchange Limited
Exchange Plaza
2 The Esplanade
PERTH WA 6000
ASX Code: ATN, ATNO
ASHBURTON MINERALS LTD
ABN 99 008 894 442
AND CONTROLLED ENTITIES
1
DIRECTORS’ REPORT
Your Directors present their report on the Company and its Controlled Entities for the financial year ended 30 June 2006.
DIRECTORS
The names of the Directors in office and at any time during, or since the end of, the year are:
Mr Rick Crabb
Mr Tom Dukovcic
Mr Rodney Dunn
Directors have been in office since the start of the financial year to the date of this report unless otherwise stated.
COMPANY SECRETARY
The following person held the position of Company Secretary at the end of the financial year:
Mr Kim Massey – BA, BCom, CA. Mr. Massey is a chartered accountant and senior executive of Grange Consulting, where he specialises in Corporate Advisory and Financial Management Services. Kim has considerable corporate experience particularly in the mining industry, working for a number of ASX listed companies, gaining extensive exposure to mining operations and exploration activities.
PRINCIPAL ACTIVITIES
The principal activity of the Economic Entity during the financial year was mineral exploration.
The following significant changes in the nature of the principal activities occurred during the financial year:
• the Economic Entity purchased a 50% interest in drilling contractor Transdrill Pty Ltd; and
• the Economic Entity disposed of its wholly owned subsidiary Wirralie Mines Pty Ltd.
OPERATING RESULTS
The consolidated loss of the Economic Entity for the financial year after providing for income tax amounted to $2,481,106 (2005: $2,078,062)
DIVIDENDS PAID OR RECOMMENDED
The Directors recommend that no dividend be paid for the year ended 30 June 2006, nor have any amounts been paid or declared by way of dividend since the end of the previous financial year.
REVIEW OF OPERATIONS
During the year under review the Company’s main activities were the evaluation of gold prospects in Brazil, which included the further assessment of artisinal tailings deposits and the building of a portfolio of ‘hard rock’ gold projects primarily in the state of Mato Grosso.
The Company’s activities were funded from the proceeds of the sale in October 2005 of Wirralie Mines Pty Ltd and that company’s tenements in NE Queensland. The Company further reduced its tenement portfolio in Australia by returning its East Kimberley tenements to its various joint venture partners and minority interest holders, having been unable to farm out the properties to new parties.
The Company retains a presence in Australia through its holdings in the Ashburton region of Western Australia where it holds two exploration licences and has a further two licences under application.
ASHBURTON MINERALS LTD
ABN 99 008 894 442
AND CONTROLLED ENTITIES
2
DIRECTORS’ REPORT
REVIEW OF OPERATIONS (Cont’d)
In February 2006 the Company acquired a 50% interest in drilling contractor Transdrill Pty Ltd, the Company’s drilling contractor in Brazil. The acquisition provides security of access to an exploration drilling rig in a country where such equipment is scarce.
Ashburton undertakes its Brazilian activities through its wholly owned subsidiary Trans Pacific Gold Pty Ltd (“TPG”) and that company’s Brazilian registered subsidiary Trans Pacific Gold Mineracao Limitada (“TPGM”). In Brazil, the Company is involved in five main projects as detailed below.
In the state of Mato Grosso:
• Cuiaba Gold Project
• Pocone Tailings JV
• Pocone Town Leases
• Geomin Pontes e Lacerda JV
In the state of Goias:
• Mina Inglesa
The Cuiaba Gold Project was created in May 2006 when the Company signed a heads of agreement with AIM-listed Minmet plc under which TPGM would earn a 75% interest in a portfolio of ten tenements in the Cuiaba area held by Minmet’s Brazilian subsidiary Mineradora de Bauxita Limitada (“MBL”). In addition, Minmet passed over to the Company an extensive dataset including data from an airborne geophysical survey, the extent of which, being approximately 6,000 km2, defines the area of the Cuiaba Gold Project.
Under the agreement, Ashburton issued to Minmet 1,609,332 fully paid ordinary shares and 500,000 free unlisted options, exercisable at 15 cents each by 30 June 2009. To earn a 75% interest in the MBL tenements, the Company must spend A$800,000 on exploration on the Cuiaba Gold Project within a three year period.
Initial work over this area was concerned with the study and reinterpretation of the MBL data, and this work is expected to continue into the next year. Work to date has already highlighted target areas which TPGM has secured by way of new tenement applications. Current efforts are directed towards identifying drilling targets for testing prior to the upcoming wet season.
The Cuiaba-Pocone region is defined by numerous prospector-scale gold workings over a strike length of in excess of 150 km within folded and weakly metamorphosed Proterozoic sediments. Current private-scale mining activity is centred on the exploitation of narrow quartz veins and adjacent wall rock.
The Company’s exploration targets include this style of mineralisation but are primarily directed towards large, low grade disseminated gold deposits of the Carlin type and Paracatu type, which are typically of the order of several million ounces in size.
Very little modern exploration has been completed in the area, with practically no systematic work undertaken. As a result, the area remains largely unexplored and the Company has an exciting opportunity to take advantage of its early strategic position in the area by applying a systematic and deliberate exploration approach.
The Pocone Town Leases comprise 18 small tenements held by TPGM. The tenements are scattered close to the town of Pocone and variously contain tailings and small scale historical gold workings and are an adjunct to both the Tailngs JV and the Cuiaba Gold Project.
The Tailings Joint Venture applies to ground within a 60 km radius of the town of Pocone, within which Areias Douradas Pty Ltd, a wholly owned subsidiary of Cougar Metals NL, holds a 25% carried interest in any tailings sands acquired by TPGM. In the state of Goias the Tailings JV applies to an area within a 20 km radius of the town of Crixas.
ASHBURTON MINERALS LTD
ABN 99 008 894 442
AND CONTROLLED ENTITIES
3
DIRECTORS’ REPORT
REVIEW OF OPERATIONS (Cont’d)
The Pocone area contains large volumes of artisinal tailings sands which may potentially support an economic reprocessing operation. All of the private mining operations in the area recover the gold by means of gravity concentration followed by
extraction of the gold from the concentrate with mercury to form an amalgam that is subsequently smelted to release the gold. In this primitive process the ore is not treated with cyanide.
TPGM is currently evaluating a series of tailings dams in the Ourinhos area, some 20 km north of Pocone. Ourinhos is a 10 km zone of open pit gold workings, some of which exceed 50 m in depth. The tailings at Ourinhos occur mostly within rock-walled dams with lesser volumes found as uncontained mounds of older, coarser sands. The volume of tailings contained in dams at Ourinhos is approximately 2.2 million cubic metres (or, 3.74 million tonnes at an assumed bulk density of 1.7 t/m3). Further, unquantified, tailings sands are contained within the MBL tenements and within the TPGM tenements and applications. Additional tailings sands are present at other sites of gold mining activity in the region to which the Company will be negotiating access rights.
Four of the Ourinhos dams have been aircore drilled by TPGM to date utilising the Transdrill rig. Samples from the last three dams drilled are currently in the laboratory, with half of the samples (310 samples) submitted for gold analysis by aqua regia digest through a Brazilian laboratory, and the other half (310 samples) shipped to Perth, Western Australia for analysis of gold by the bulk cyanide leach method. Depending on recoveries, tailings grades as low as 0.4 g/t may prove economic if present in sufficiently large volumes.
At the Pontes e Lacerda area in western Mato Grosso TPGM has a joint venture with Geomin Geologia e Mineracao Limitada (“Geomin”) over six tenements which include the Lavrinha prospect where drilling in the mid 1990s identified high grade gold mineralisation (eg, 4 m @ 19.22 g/t). The Company is awaiting the results of a recently completed drilling program at Lavrinha aimed at testing for extensions of the mineralised zone along strike.
In the state of Goias, TPGM is still awaiting official confirmation from the local environmental agency that TPGM will not be held responsible for the rehabilitation of pre-existing land disturbances over the Mina Inglesa tenement. Due to the extensive historical and garimpeiro mining activity on this site, TPGM will not commence work until this undertaking is provided by the government authorities. The tenement contains a large volume of old tailings sands as well as the historical Mina Inglesa gold mine where previous limited drilling recorded intercepts of up to 2.9 m @ 14.88 g/t and underground sampling returned results of 3 m @ 19.83 g/t and 0.7 m @ 66.06 g/t.
The Company is continually reviewing new opportunities in Brazil, both in gold and other commodities such as iron ore, as it seeks to build a valuable portfolio of advanced projects which have the potential to progress to resource status in a relatively short time.
FINANCIAL POSITION
The net assets of the Economic Entity have decreased by $2,317,340 from $6,314,124 at 30 June 2005 to $3,996,784 in 2006. This decrease has largely resulted from the disposal of Wirralie Mines Pty Ltd.
The Directors believe the group is in a strong and stable financial position to expand and grow its current operations.
SIGNIFICANT CHANGES IN STATE OF AFFAIRS
The following significant changes in the state of affairs of the Parent Entity occurred during the financial year:
• On 12 July 2005 the Company issued 639,625 ordinary shares as full repayment of a loan at a deemed issue price of 8 cents;
• On 12 October 2005 the Economic Entity disposed of its wholly owned subsidiary Wirralie Mines Pty Ltd;
• On 22 February 2006 the Economic Entity purchased a 50% interest in drilling contractor Transdrill Pty Ltd; and
• On 8 May 2006 the Company issued 1,609,332 ordinary shares at a deemed issue price of 6.2 cents and 500,000 options in consideration for an option agreement over the Cuiaba Gold Project.
ASHBURTON MINERALS LTD
ABN 99 008 894 442
AND CONTROLLED ENTITIES
4
DIRECTORS’ REPORT
ADOPTION OF AUSTRALIAN EQUIVALENTS TO IFRS
As a result of the introduction of Australian equivalents to International Financial Reporting Standards (AIFRS), the Company’s financial report has been prepared in accordance with those standards. A reconciliation of adjustments arising on the transition to AIFRS is included in Note 2 to this report.
AFTER BALANCE DATE EVENTS
No matters or circumstances have arisen since the end of the financial year which significantly affected or may significantly affect the operations of the Economic Entity, the results of those operations, or the state of affairs of the Economic Entity in future financial years.
FUTURE DEVELOPMENTS, PROSPECTS AND BUSINESS STRATEGIES
The Company will continue with its present strategy of investment in and exploration of advanced and prospective mineral projects primarily in Brazil, but also in Australia. The nature of the Company’s business is speculative and the board considers that comments on expected results or success of this strategy are not considered appropriate or in the best interests of the Company.
ENVIRONMENTAL ISSUES
The Economic Entity’s operations are not regulated by any significant environmental regulation under a law of the Commonwealth or of a state or territory.
While environmental regulations in Brazil are not as sophisticated as in Australia, the Company intends applying world’s best practice to all of its activities in that country, especially in regard to environmental issues.
ASHBURTON MINERALS LTD
ABN 99 008 894 442
AND CONTROLLED ENTITIES
5
DIRECTORS’ REPORT
INFORMATION ON DIRECTORS
Mr Rick Crabb
-
Chairman (Non-executive).
Qualifications
-
BJuris (Hons), LLB, MBA.
Experience
-
Mr Crabb is a lawyer and formerly a consultant with legal practice Blakiston & Crabb. He specialises in mining, corporate and commercial law and has had extensive experience in legal issues arising in resource development, including contract negotiation and financing. He is a director of several listed companies and brings to the Board valuable legal, corporate and mining experience.
Interest in Shares and Options
-
Mr Crabb holds 132,168 ordinary shares and 17,862 options.
Directorships held in other listed entities
-
During the past three years Mr Crabb’s directorships in other listed entitles are as a current director of Alcaston Mining NL from 22 August 2001, Otto Energy Ltd from 19 November 2004, Paladin Resources Ltd from 8 February 1994, Port Bouvard Ltd from 2 December 1996, Thundelarra Exploration Ltd from 8 September 2003, Royal Resources from 23 February 2004 and as a former director of ST Synergy Ltd from 28 September 2001 to 6 May 2005 and Deep Yellow Ltd from 11 April 2003 to 20 August 2004.
Mr Tom Dukovcic
-
Managing Director (Executive).
Qualifications
-
BSc (Hons) MAIG
Experience
-
Mr Dukovcic is a geologist with over 20 years experience in exploration and development. He has worked in a variety of regions in Australia, which include the Yilgarn, the Kimberley and NE Queensland and was involved in the investigation of gold opportunities in southeast Asia. Mr Dukovcic has been directly involved with the management of gold discoveries at various locations in Western Australia, including Transvaal, Cuddingwarra and Leonora. Mr Dukovcic is a director of several private mineral exploration companies and brings valuable exploration, geological and management expertise to the Board.
Interest in Shares and Options
-
Mr Dukovcic holds 601,126 ordinary shares and 91,020 options.
Mr Rodney Dunn
-
Director (Executive)
Experience
-
Mr Dunn has been actively involved in the mining industry for approximately 24 years. Mr Dunn (together with Mr Crabb) was a founding director of the successful Gasgoyne Gold Mines NL. He is also a director of a number of private companies involved in mineral exploration. Mr Dunn brings valuable corporate and contract management experience to the Board.
Interest in Shares and Options
-
Mr Dunn holds 3,441,678 ordinary shares and 567,364 options.
ASHBURTON MINERALS LTD
ABN 99 008 894 442
AND CONTROLLED ENTITIES
6
DIRECTORS’ REPORT
REMUNERATION REPORT
This report details the nature and amount of remuneration for each Director of Ashburton Minerals Limited.
Remuneration Policy
The remuneration policy of Ashburton Minerals Limited has been designed to align director and executive objectives with shareholder and business objectives by providing a fixed remuneration component and offering specific long-term incentives based on key performance areas affecting the Economic Entity’s financial results. The Board of Ashburton Minerals Limited believes the remuneration policy to be appropriate and effective in its ability to attract and retain appropriate executives and directors to run and manage the Economic Entity, as well as create goal congruence between directors, executives and shareholders.
The Board’s policy for determining the nature and amount of remuneration for board members and senior executives of the Company is as follows:
The remuneration policy, setting the terms and conditions for the executive directors and other senior executives, was developed and approved by the board.
Non-executive directors, executive directors and senior executives receive a base salary (which is based on factors such as length of service and experience), which is calculated on a total cost basis and includes any FBT charges related to employee benefits including motor vehicles, as well as employer contributions to superannuation funds.
Executive directors can be employed by the Company on a consultancy basis, on board approval, with remuneration and terms stipulated in individual consultancy agreements.
The board reviews executive packages annually by reference to the Company’s performance, executive performance and comparable information from industry sectors and other listed companies in similar industries. In addition external consultants may be used to provide analysis and advice to ensure the directors and senior executives’ remuneration is competitive in the market place.
Directors and senior executives receive a superannuation guarantee contribution required by the government, which is currently 9%, and do not receive any other retirement benefits. Some individuals, however, may choose to sacrifice part of their salary to increase payments towards superannuation.
All remuneration paid to directors and executives is valued at the cost to the Company and expensed. Shares given to directors and executives are valued as the difference between the market price of those shares and the amount paid by the director or executive. Options are valued using the Black-Scholes methodology.
The board policy is to remunerate non-executive directors at market rates for comparable companies for time, commitment and responsibilities. The Board determines payments to the non-executive directors and reviews their remuneration annually, based on market practice, duties and accountability. Independent external advice is sought when required. The maximum aggregate amount of fees that can be paid to non-executive directors is subject to approval by shareholders at the Annual General Meeting. Fees for non-executive directors are not linked to the performance of the Economic Entity. The Directors are not required to hold any shares in the Company under the Constitution of the Company, however, to align directors’ interests with shareholder interests, the directors are encouraged to hold shares in the Company.
The Board believes that it has implemented suitable practices and procedures that are appropriate for an organisation of this type and size.
ASHBURTON MINERALS LTD
ABN 99 008 894 442
AND CONTROLLED ENTITIES
7
DIRECTORS’ REPORT
Remuneration Committee
During the year ended 30 June 2006, the Economic Entity did not have a separately established nomination or remuneration committee. Considering the size of the Economic Entity and the number of directors, the Board is of the view that these functions could be efficiently performed with full Board participation.
Remuneration Structure
In accordance with best practice corporate governance, the structure of non-executive director and senior manager remuneration is separate and distinct.
Non-Executive Director Remuneration
Objective
The Board seeks to set aggregate remuneration at a level which provides the Economic Entity with the ability to attract and retain directors of the highest calibre, whilst incurring a cost which is acceptable to shareholders.
Structure
The Board policy is to remunerate non-executive directors at market rates for comparable companies for time, commitment and responsibilities. The remuneration of non-executive directors is reviewed annually, based on market practice, duties and accountability. Independent external advice is sought when required. The maximum aggregate amount of fees that can be paid to non-executive directors is subject to approval by shareholders at the Annual General Meeting. Fees for non-executive directors are not linked to the performance of the Economic Entity. However, to align directors’ interests with shareholders’ interests, the directors are encouraged to hold shares in the Company.
Non-executive directors receive a base salary (which is based on factors such as length of service and experience), which is calculated on a total cost basis and includes any FBT charges related to employee benefits including motor vehicles, as well as employer contributions to superannuation funds.
The Directors have resolved that non-executive directors’ fees are $36,000 per annum for each non-executive director and $36,000 per annum for the non-executive Chairman. Non-executive Directors may also be remunerated for additional specialised services performed at the request of the Board and reimbursed for reasonable expense incurred by directors on Company business.
Senior Manager and Executive Director Remuneration
Objective
The Company aims to reward executives with a level and mix of remuneration commensurate with their position and responsibilities within the Company as to:
• Align the interests of executives with those of shareholders;
• Link reward with the strategic goals and performance of the Company; and
• Ensure total remuneration is competitive by market standards
Structure
Executive directors are provided with a base salary (which is based on factors such as length of service and experience), which is calculated on a total cost basis and includes any FBT charges related to employee benefits including motor vehicles, as well as employer contributions to superannuation funds.
ASHBURTON MINERALS LTD
ABN 99 008 894 442
AND CONTROLLED ENTITIES
8
DIRECTORS’ REPORT
Company Performance, Shareholder Wealth and Directors’ and Executives’ Remuneration
The table below shows the gross revenue, losses and earnings per share for the last five years for the listed Entity.
2002
2003
2004
$
2005
$
2006
$
Revenue
401,876
126,849
156,035
196,049
118,170
Net Loss
(1,842,679)
(854,464)
(432,055)
(2,078,062)
(2,481,106)
Earnings Per Share (cents)
(0.79)
(0.28)
(0.78)
(2.68)
(3.17)
Details of Remuneration
The remuneration for each director of the Economic Entity during the year was as follows:
2006
Salary, Fees and Commissions
Superannuation Contribution
Cash Bonus
Other
Options
Total
Performance Related
$
$
$
$
$
$
%
Directors
Mr Rick Crabb
33,000
2,970
-
-
-
35,970
-
Mr Tom Dukovcic
170,000
15,300
-
-
-
185,300
-
Mr Rodney Dunn
125,000
11,250
-
-
-
136,250
-
328,000
29,520
-
-
-
357,520
-
There were no other key management personnel during the year.
2005
Salary, Fees and Commissions
Superannuation Contribution
Cash Bonus
Other
Equity Shares
Total
Performance Related
$
$
$
$
$
$
%
Directors
Mr Rick Crabb
36,000
3,240
-
-
-
39,240
-
Mr Tom Dukovcic
173,269
15,595
-
8,096
-
196,960
-
Mr Rodney Dunn
127,504
11,475
-
-
-
138,979
-
-
336,773
30,310
-
8,096
-
375,179
-
Options issued as part of remuneration for the year ended 30 June 2006
There were no Options issued or shares issued on the exercise of such options to directors and executives as part of their remuneration.
Employment Contracts of Directors and Other Key Management Personnel
There are currently no employment contracts in place between the Company and Executive Directors.
ASHBURTON MINERALS LTD
ABN 99 008 894 442
AND CONTROLLED ENTITIES
9
DIRECTORS’ REPORT
MEETINGS OF DIRECTORS
During the financial year, 6 meetings of directors (including committees of directors) were held. Attendances by each director during the year were as follows:
Board Meetings
Director
Attended
Held
Mr Rick Crabb
6
6
Mr Tom Dukovcic
6
6
Mr Rodney Dunn
6
6
INDEMNIFYING OFFICERS OR AUDITOR
The Company has not, during or since the financial year, in respect of any person who is or has been a director, officer or auditor of the Company or a related body corporate:
• Indemnified or made any relevant agreement for indemnifying against a liability incurred as a director, officer or auditor, including costs and expenses in successfully defending legal proceedings; or
• Paid or agreed to pay a premium in respect of a contract insuring against a liability incurred as a director, officer or auditor for the costs or expenses to defend legal proceedings.
OPTIONS
At the date of this report, the unissued ordinary shares of Ashburton Minerals Limited under option are as follows:
Grant Date
Date of Expiry
Exercise Price
Number Under-Option
23 April 2004
31 March 2007
$0.32
12,132,363
17 September 2004
06 September 2007
$0.25
5,000,000
08 May 2006
30 June 2009
$0.15
500,000
17,632,363
During the year ended 30 June 2006, no ordinary shares of Ashburton Minerals Limited were issued on the exercise of options. No further shares have been issued since that date. No amounts are unpaid on any of the shares.
CORPORATE GOVERNANCE
In recognising the need for a high standard of corporate behaviour and accountability, the Directors of Ashburton Minerals Limited support and have adhered to the principles of Corporate Governance. The Company’s corporate governance statement is contained in the Corporate Governance section of the Financial Report.
ASHBURTON MINERALS LTD
ABN 99 008 894 442
AND CONTROLLED ENTITIES
10
DIRECTORS’ REPORT
NON-AUDIT SERVICES
The Board of Directors are satisfied that the provision of non-audit services during the year is compatible with the general standard of independence for auditors imposed by the Corporations Act 2001. The directors are satisfied that the services disclosed below did not compromise the external auditor’s independence for the following reasons:
• all non-audit services are reviewed and approved by the Board prior to commencement to ensure they do not adversely affect the integrity and objectivity of the auditor; and
• the nature of the services provided do not compromise the general principles relating to auditor independence as set out in the Institute of Chartered Accountants in Australia and CPA Australia Professional Statement F1: Professional Independence.
The following fees for non-audit services were paid/payable to the external auditors during the year ended 30 June 2006:
Taxation Services
$7,562
AUDITOR’S INDEPENDENCE DECLARATION
The auditor’s independence declaration for the year ended 30 June 2006 has been received and can be found on page 11 of the directors’ report.
Signed in accordance with a resolution of the Board of Directors.
________________________
Dated this 28th day of September 2006
M
r T P Dukovcic Managing Director
ASHBURTON MINERALS LTD
ABN 99 008 894 442
AND CONTROLLED ENTITIES
11
AUDITOR’S INDEPENDENCE DECLARATION
UNDER SECTION 307C OF THE CORPORATIONS ACT 2001
TO THE DIRECTORS OF ASHBURTON MINERALS LIMITED
As lead auditor for the audit of Ashburton Minerals Ltd for the year ended 30 June 2006, I declare that to the best of my knowledge and belief, there have been:
(i) no contraventions of the auditor independence requirements of the Corporations Act 2001 in relation to the audit; and
(ii) no contraventions of any applicable code of professional conduct in relation to the audit.
This declaration is in respect of Ashburton Minerals Ltd and the entities it controlled during the period.
NEIL PACE MOORE STEPHENS
PARTNER CHARTERED ACCOUNTANTS
Signed at Perth this 28th day of September 2006.
ASHBURTON MINERALS LTD
ABN 99 008 894 442
AND CONTROLLED ENTITIES
12
INCOME STATEMENT
FOR THE YEAR ENDED
30 JUNE 2006
Note
Economic Entity
Parent Entity
2006
$
2005
$
2006
$
2005
$
Revenue
3
115,737
196,049
115,737
120,682
Other income
3
2,433
-
1,073,045
-
Accounting Fees
(58,911)
(66,408)
(56,476)
(47,926)
Corporate Costs
(42,757)
(22,989)
(41,480)
(22,989)
Depreciation expense
(85,723)
(22,539)
(30,002)
(22,539)
Employee benefit expense
(467,668)
(171,905)
(399,278)
(171,905)
Exploration expenditure written-off
(382,698)
(1,416,793)
(340,265)
(1,416,793)
Finance costs
(15,307)
(3,138)
(14,382)
(2,388)
Goodwill written-off
(144,785)
-
-
-
Loan to controlled entity forgiven
-
-
-
(2,255,101)
Loss on disposal of subsidiary
(806,506)
-
-
-
Occupancy Costs
(72,397)
(59,776)
(72,397)
(59,776)
Public Relations
(25,423)
(76,299)
(25,423)
(75,744)
Other expenses
(497,101)
(434,264)
(201,551)
(386,633)
Profit/(Loss) before income tax
4
(2,481,106)
(2,078,062)
7,528
(4,341,112)
Income tax expense
5
-
-
-
-
Profit/(Loss) from continuing operations
(2,481,106)
(2,078,062)
7,528
(4,341,112)
(Profit)/Loss attributable to minority equity interest
4,343
-
-
-
Profit/(Loss) attributable to members of the Parent Entity
2
(2,476,763)
(2,078,062)
7,528
(4,341,112)
Overall Operations
Basic loss per share
(cents per share)
8
(3.17)
(2.68)
Continuing Operations
Basic loss per share
(cents per share)
8
(3.17)
(2.68)
The Company’s potential ordinary shares were not considered dilutive as the Company is in a loss position.
The accompanying notes form part of these financial statements.
ASHBURTON MINERALS LTD
ABN 99 008 894 442
AND CONTROLLED ENTITIES
BALANCE SHEET
AS AT
30 JUNE 2006
Note
Economic Entity
Parent Entity
2006
$
2005
$
2006
$
2005
$
ASSETS
CURRENT ASSETS
Cash and cash equivalents
9
965,084
1,908,062
944,411
1,873,802
Trade and other receivables
10
113,293
92,209
60,160
81,227
Other financial assets
13
3,200
3,200
3,200
3,200
TOTAL CURRENT ASSETS
1,081,577
2,003,471
1,007,771
1,958,229
NON-CURRENT ASSETS
Trade and other receivables
10
94,623
77,337
2,288,271
714,817
Investments accounted for using the equity method
11
-
1
2
3
Financial assets
13
1
1
878,501
969,410
Property, plant and equipment
15
216,582
747,144
75,567
75,444
Intangible assets
16
-
-
-
-
Other non-current assets
17
2,792,873
6,288,869
112,596
511,639
TOTAL NON-CURRENT ASSETS
3,104,079
7,113,352
3,354,937
2,271,313
TOTAL ASSETS
4,185,656
9,116,823
4,362,708
4,229,542
CURRENT LIABILITIES
Trade and other payables
18
40,865
145,019
31,652
65,511
Short-term Provisions
19
48,007
57,680
42,661
46,930
TOTAL CURRENT LIABILITIES
88,872
202,699
74,313
112,441
NON-CURRENT LIABILITIES
Trade and other payables
18
100,000
-
-
-
Long-term provisions
19
-
2,600,000
-
-
TOTAL NON-CURRENT LIABILITIES
100,000
2,600,000
-
-
TOTAL LIABILITIES
188,872
2,802,699
74,313
112,441
NET ASSETS
3,996,784
6,314,124
4,288,395
4,117,101
EQUITY
Issued capital
20
21,827,219
21,676,049
21,827,219
21,676,049
Reserves
21
420,705
408,109
420,705
408,109
Retained earnings/(Accumulated losses)
(18,246,797)
(15,770,034)
(17,959,529)
(17,967,057)
Parent interest
4,001,127
6,314,124
4,288,395
Minority equity interest
(4,343)
-
-
TOTAL EQUITY
3,996,784
6,314,124
4,288,395
4,117,101
The accompanying notes form part of these financial statements.
13
ASHBURTON MINERALS LTD
ABN 99 008 894 442
AND CONTROLLED ENTITIES
14
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED
30 JUNE 2006
Economic Entity
Note
Ordinary
Accumulated Losses
Option Reserve
Asset Realisation Reserve
Asset Revaluation Reserve
Minority Equity Interests
Total
$
$
$
$
$
$
$
Balance at 1 July 2004
2
20,559,182
(13,691,972)
32,095
376,014
-
7,275,319
Gain/(Loss) attributable to members of Parent Entity
-
(2,078,062)
-
-
-
(2,078,062)
Shares/options issued during the year
1,184,602
-
-
-
-
-
1,184,602
Transaction costs
(67,735)
-
-
-
-
-
(67,735)
Balance at 30 June 2005
21,676,049
(15,770,034)
32,095
376,014
-
6,314,124
Gain/(Loss) attributable to members of Parent Entity
-
(2,476,763)
-
-
-
(2,476,763)
Gain/(Loss) attributable to minority shareholders
-
-
-
-
(4,343)
(4,343)
Shares/options issued during the year
151,170
-
12,596
-
-
-
163,766
Transaction costs
-
-
-
-
-
-
-
Balance at 30 June 2006
21,827,219
(18,246,797)
12,596
32,095
376,014
(4,343)
3,996,784
The accompanying notes form part of these financial statements.
ASHBURTON MINERALS LTD
ABN 99 008 894 442
AND CONTROLLED ENTITIES
15
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED
30 JUNE 2006
Parent Entity
Note
Ordinary
Retained Earnings
Option Reserve
Asset Realisation Reserve
Asset Revaluation Reserve
Total
$
$
$
$
$
$
Balance at 1 July 2004
2
20,559,182
(13,625,945)
-
32,095
376,014
7,341,346
Gain/(Loss) attributable to members of Parent Entity
-
(4,341,112)
-
-
-
(4,341,112)
Shares/options issued during the year
1,184,602
-
-
-
-
1,184,602
Transaction costs
(67,735)
-
-
-
-
(67,735)
Balance at 30 June 2005
21,676,049
(17,967,057)
-
32,095
376,014
4,117,101
Gain/(Loss) attributable to members of Parent Entity
-
7,528
-
-
-
7,528
Shares/options issued during the year
151,170
-
12,596
-
-
163,766
Transaction costs
-
-
-
-
-
-
Balance at 30 June 2006
21,827,219
(17,959,529)
12,596
32,095
376,014
4,288,395
The accompanying notes form part of these financial statements.
ASHBURTON MINERALS LTD
ABN 99 008 894 442
AND CONTROLLED ENTITIES
16
CASH FLOW STATEMENT
FOR YEAR ENDED
30 JUNE 2006
Note
Economic Entity
Parent Entity
2006
2005
2006
2005
$
$
$
$
CASH FLOWS FROM OPERATING ACTIVITIES
Receipts from customers
-
3,881
-
-
Payments to suppliers and employees
(991,671)
(938,455)
(658,627)
(600,981)
Interest received
95,184
120,682
92,384
121,252
Finance costs
(9,448)
(18,516)
(9,448)
(18,516)
Net cash used in operating activities
24(a)
(905,935)
(832,408)
(575,691)
(498,245)
CASH FLOWS FROM INVESTING ACTIVITIES
Proceeds from sale of property, plant and equipment
1,000
-
1,000
-
Purchase of property, plant and equipment
(141,489)
(26,290)
(26,489)
(26,290)
Payments for exploration expenditure
(1,133,710)
(1,620,207)
(112,596)
(634,162)
Proceeds from sale of subsidiary
995,839
995,839
Proceeds from sale of tenements
364,000
364,000
Payment for subsidiary, net of cash acquired
(120,683)
-
-
Net cash used in investing activities
(35,043)
(1,646,497)
1,221,754
(660,452)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from issue of shares
-
1,186,901
-
1,186,901
Payment of share issue costs
-
-
-
-
Proceeds of borrowings
200,000
200,000
Repayment of borrowings
(202,000)
-
(202,000)
-
Loan to subsidiary
-
-
(1,573,454)
(1,253,514)
Net cash provided by financing activities
(2,000)
1,186,901
(1,575,454)
(66,613)
Net (decrease)/ increase in cash held
(942,978)
(1,292,004)
(929,391)
(1,225,310)
Cash at beginning of financial year
1,908,062
3,200,066
1,873,802
3,099,112
Cash at end of financial year
9
965,084
1,908,062
944,411
1,873,802
The accompanying notes form part of these financial statements.
ASHBURTON MINERALS LTD
ABN 99 008 894 442
AND CONTROLLED ENTITIES
17
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 JUNE 2006
Note 1: Statement of Significant Accounting Policies
The financial report is a general purpose financial report that has been prepared in accordance with Australian Accounting Standards, Urgent Issues Group Interpretations, other authoritative pronouncements of the Australian Accounting Standards Board and the Corporations Act 2001.
The financial report covers the Economic Entity of Ashburton Minerals Limited and controlled entities, and Ashburton Minerals Limited as an individual Parent Entity. Ashburton Minerals Limited is a listed public Company, incorporated and domiciled in Australia.
The financial report of Ashburton Minerals Limited and controlled entities, and Ashburton Minerals Limited as an individual Parent Entity comply with all Australian equivalents to International Financial Reporting Standards (AIFRS) in their entirety.
The following is a summary of the material accounting policies adopted by the Economic Entity in the preparation of the financial report. The accounting policies have been consistently applied, unless otherwise stated.
Basis of Preparation
First-time Adoption of Australian Equivalents to International Financial Reporting Standards
Ashburton Minerals Limited and controlled entities, and Ashburton Minerals Limited as an individual Parent Entity have prepared financial statements in accordance with the Australian equivalents to International Financial Reporting Standards (AIFRS) from 1 July 2005.
In accordance with the requirements of AASB 1: First-time Adoption of Australian Equivalents to International Financial Reporting Standards, adjustments to the Parent Entity and Consolidated Entity accounts resulting from the introduction of AIFRS have been applied retrospectively to 2005 comparative figures excluding cases where optional exemptions available under AASB 1 have been applied. These consolidated accounts are the first financial statements of Ashburton Minerals Limited to be prepared in accordance with Australian equivalents to AIFRS.
The accounting policies set out below have been consistently applied to all years presented. The Parent and Consolidated Entities have however elected to adopt the exemptions available under AASB 1 relating to AASB 132: Financial Instruments: Disclosure and Presentation, and AASB 139: Financial Instruments: Recognition and Measurement. Refer Note 29 for further details on Changes in Accounting Policy.
Reconciliations of the transition from previous Australian GAAP to IFRS have been included in Note 2 to this report.
Reporting Basis and Conventions
The financial report has been prepared on an accruals basis and is based on historical costs modified by the revaluation of selected non-current assets, and financial assets and financial liabilities for which the fair value basis of accounting has been applied.
Accounting Policies
(a) Principles of Consolidation
A Controlled Entity is any Entity Ashburton Minerals Limited has the power to control the financial and operating policies of so as to obtain benefits from its activities.
ASHBURTON MINERALS LTD
ABN 99 008 894 442
AND CONTROLLED ENTITIES
18
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 JUNE 2006
Note 1: Statement of Significant Accounting Policies (cont’d)
(a) Principles of Consolidation (cont’d)
A list of controlled entities is contained in Note 14 to the financial statements. All controlled entities have a June financial year-end.
All inter-company balances and transactions between entities in the Economic Entity, including any unrealised profits or losses, have been eliminated on consolidation. Accounting policies of subsidiaries have been changed where necessary to ensure consistencies with those policies applied by the Parent Entity.
Where controlled entities have entered or left the Economic Entity during the year, their operating results have been included/excluded from the date control was obtained or until the date control ceased.
Minority equity interests in the equity and results of the entities that are controlled are shown as a separate item in the consolidated financial report.
(b) Income Tax
The charge for current income tax expense is based on the profit for the year adjusted for any non-assessable or disallowed items. It is calculated using tax rates that have been enacted or are substantively enacted by the balance sheet date.
Deferred tax is accounted for using the balance sheet liability method in respect of temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements. No deferred income tax will be recognised from the initial recognition of an asset or liability, excluding a business combination, where there is no effect on accounting or taxable profit or loss.
Deferred tax is calculated at the tax rates that are expected to apply to the period when the asset is realised or liability is settled. Deferred tax is credited in the income statement except where it relates to items that may be credited directly to equity, in which case the deferred tax is adjusted directly against equity.
Deferred income tax assets are recognised to the extent that it is probable that future tax profits will be available against which deductible temporary differences can be utilised.
The amount of benefits brought to account or which may be realised in the future is based on the assumption that no adverse change will occur in income taxation legislation and the anticipation that the Economic Entity will derive sufficient future assessable income to enable the benefit to be realised and comply with the conditions of deductibility imposed by the law.
(c) Property, Plant and Equipment
Each class of plant and equipment is carried at cost or fair value less, where applicable, any accumulated depreciation and impairment losses.
Plant and equipment are measured on the cost basis less depreciation and impairment losses.
The carrying amount of plant and equipment is reviewed annually by directors to ensure it is not in excess of the recoverable amount from these assets. The recoverable amount is assessed on the basis of the expected net cash flows which will be received from the assets’ employment and subsequent disposal. The expected net cash flows have been discounted to their present values in determining recoverable amounts.
ASHBURTON MINERALS LTD
ABN 99 008 894 442
AND CONTROLLED ENTITIES
19
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 JUNE 2006
Note 1: Statement of Significant Accounting Policies (cont’d)
(c) Plant and Equipment (cont’d)
The cost of fixed assets constructed within the Economic Entity includes the cost of materials, direct labour, borrowing costs and an appropriate proportion of fixed and variable overheads.
Subsequent costs are included in the asset’s carrying amount or recognised as a separate asset, as appropriate, only when it is probable that future economic benefits associated with the item will flow to the group and the cost of the item can be measured reliably. All other repairs and maintenance are charged to the income statement during the financial period in which they are incurred.
Depreciation
The depreciable amount of all fixed assets including capitalised lease assets is depreciated on a straight-line basis over their useful lives to the Economic Entity commencing from the time the asset is held ready for use. Leasehold improvements are depreciated over the shorter of either the unexpired period of the lease or the estimated useful lives of the improvements.
The depreciation rates used for each class of depreciable asset are:
Class of Fixed Asset
Depreciation Rate
Office furniture & equipment
20.0% - 40.0%
Motor vehicles
22.5%
The assets’ residual values and useful lives are reviewed, and adjusted if appropriate, at each balance sheet date.
An asset’s carrying amount is written down immediately to its recoverable amount if the asset’s carrying amount is greater than its estimated recoverable amount.
Gains and losses on disposals are determined by comparing proceeds with the carrying amount. These gains or losses are included in the income statement. When revalued assets are sold, amounts included in the revaluation reserve relating to that asset are transferred to retained earnings.
(d) Exploration and Development Expenditure
Exploration, evaluation and development expenditure incurred is accumulated in respect of each identifiable area of interest. These costs are only carried forward to the extent that they are expected to be recouped through the successful development of the area or where activities in the area have not yet reached a stage that permits reasonable assessment of the existence of economically recoverable reserves.
Accumulated costs in relation to an abandoned area are written off in full against profit in the year in which the decision to abandon the area is made.
When production commences, the accumulated costs for the relevant area of interest are amortised over the life of the area according to the rate of depletion of the economically recoverable reserves.
A regular review is undertaken of each area of interest to determine the appropriateness of continuing to carry forward costs in relation to that area of interest.
ASHBURTON MINERALS LTD
ABN 99 008 894 442
AND CONTROLLED ENTITIES
20
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 JUNE 2006
Note 1: Statement of Significant Accounting Policies (cont’d)
(d) Exploration and Development Expenditure (cont’d)
Costs of site restoration are provided over the life of the facility from when exploration commences and are included in the costs of that stage. Site restoration costs include the dismantling and removal of mining plant, equipment and building structures, waste removal, and rehabilitation of the site in accordance with clauses of the mining permits. Such costs have been determined using estimates of future costs, current legal requirements and technology on an undiscounted basis.
Any changes in the estimates for the costs are accounted on a prospective basis. In determining the costs of site restoration, there is uncertainty regarding the nature and extent of the restoration due to community expectations and future legislation. Accordingly the costs have been determined on the basis that the restoration will be completed within one year of abandoning the site.
(e) Financial Instruments
Recognition
Financial instruments are initially measured at cost on trade date, which includes transaction costs, when the related contractual rights or obligations exist. Subsequent to initial recognition these instruments are measured as set out below.
Financial assets at fair value through profit and loss
A financial asset is classified in this category if acquired principally for the purpose of selling in the short term or if so designated by management and within the requirements of AASB 139: Recognition and Measurement of Financial Instruments. Derivatives are also categorised as held for trading unless they are designated as hedges. Realised and unrealised gains and losses arising from changes in the fair value of these assets are included in the income statement in the period which they arise.
Loans and receivables
Loans and receivables are non-derivative financial assets with fixed or determinable payments that are not quoted in an active market and are stated at amortised cost using the effective interest rate method.
Available-for-sale financial assets
Available-for-sale financial assets include any financial assets not included in the above categories. Available-for-sale financial assets are reflected at fair value. Unrealised gains and losses arising from changes in fair value are taken directly to equity.
Fair value
Fair value is determined based on current bid prices for all quoted investments. Valuation techniques are applied to determine the fair value for all unlisted securities, including recent arm’s length transactions, reference to similar instruments and option pricing models.
Impairment
At each reporting date, the group assess whether there is objective evidence that a financial instrument has been impaired. In the case of available-for-sale financial instruments, a prolonged decline in the value of the instrument is considered to determine whether impairment has arisen. Impairment losses are recognised in the income statement.
ASHBURTON MINERALS LTD
ABN 99 008 894 442
AND CONTROLLED ENTITIES
21
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 JUNE 2006
Note 1: Statement of Significant Accounting Policies (cont’d)
(f) Impairment of Assets
At each reporting date, the group reviews the carrying values of its tangible and intangible assets to determine whether there is any indication that those assets have been impaired. If such an indication exists, the recoverable amount of the asset, being the higher of the asset’s fair value less costs to sell and value in use, is compared to the assets carrying value. Any excess of the assets carrying value over its recoverable amount is expensed to the income statement.
Impairment testing is performed annually for goodwill and intangible assets with indefinite lives.
Where it is not possible to estimate the recoverable amount of an individual asset, the group estimates the recoverable amount of the cash-generating unit to which the asset belongs.
(g) Foreign Currency Transactions and Balances
Functional and presentation currency
The functional currency of each of the group’s entities is measured using the currency of the primary economic environment in which that Entity operates. The consolidated financial statements are presented in Australian dollars which is the Parent Entity’s functional and presentation currency.
Transaction and balances
Foreign currency transactions are translated into functional currency using the exchange rates prevailing at the date of the transaction. Foreign currency monetary items are translated at the year-end exchange rate. Non-monetary items measured at historical cost continue to be carried at the exchange rate at the date of the transaction. Non-monetary items measured at fair value are reported at the exchange rate at the date when fair values were determined.
Exchange differences arising on the translation of monetary items are recognised in the income statement, except where deferred in equity as a qualifying cash flow or net investment hedge.
Exchange differences arising on the translation of non-monetary items are recognised directly in equity to the extent that the gain or loss is directly recognised in equity; otherwise the exchange difference is recognised in the income statement.
Group companies
The financial results and position of foreign operations whose functional currency is different from the group’s presentation currency are translated as follows:
- assets and liabilities are translated at year-end exchange rates prevailing at that reporting date;
- income and expenses are translated at average exchange rates for the period; and
- retained profits are translated at the exchange rates prevailing at the date of the transaction.
ASHBURTON MINERALS LTD
ABN 99 008 894 442
AND CONTROLLED ENTITIES
22
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 JUNE 2006
Note 1: Statement of Significant Accounting Policies (cont’d)
(g) Foreign Currency Transactions and Balances (cont’d)
Exchange differences arising on translation of foreign operations are transferred directly to the group’s foreign currency translation reserve in the balance sheet. These differences are recognised in the income statement in the period in which the operation is disposed.
(h) Employee Benefits
Provision is made for the Company’s liability for employee benefits arising from services rendered by employees to balance date. Employee benefits that are expected to be settled within one year have been measured at the amounts expected to be paid when the liability is settled, plus related on-costs. Employee benefits payable later than one year have been measured at the present value of the estimated future cash outflows to be made for those benefits.
(i) Provisions
Provisions are recognised when the group has a legal or constructive obligation, as a result of past events, for which it is probable that an outflow of economic benefits will result and that outflow can be reliably measured.
(j) Cash and Cash Equivalents
Cash and cash equivalents includes cash on hand, deposits held at call with banks, other short-term highly liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within short-term borrowings in current liabilities on the balance sheet.
(k) Revenue
Revenue from the sale of goods is recognised upon delivery of goods to customers.
Interest revenue is recognised on a proportional basis taking into account the interest rates applicable to the financial assets.
Dividend revenue is recognised when the right to receive a dividend has been established. Dividends received from associates are accounted for in accordance with the equity method of accounting.
Revenue from the rendering of a service is recognised upon the delivery of the service to the customers.
All revenue is stated net of the amount of goods and services tax (GST).
(l) Goods and Services Tax (GST)
Revenues, expenses and assets are recognised net of the amount of GST, except where the amount of GST incurred is not recoverable from the Australian Tax Office. In these circumstances the GST is recognised as part of the cost of acquisition of the asset or as part of an item of the expense. Receivables and payables in the balance sheet are shown inclusive of GST.
Cash flows are presented in the cash flow statement on a gross basis, except for the GST component of investing and financing activities, which are disclosed as operating cash flows.
ASHBURTON MINERALS LTD
ABN 99 008 894 442
AND CONTROLLED ENTITIES
23
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 JUNE 2006
Note 1: Statement of Significant Accounting Policies (cont’d)
(m) Comparative Figures
When required by Accounting Standards, comparative figures have been adjusted to conform to changes in presentation for the current financial year.
Critical accounting estimates and judgements
The Directors evaluate estimates and judgements incorporated into the financial report based on historical knowledge and best available current information. Estimates assume a reasonable expectation of future events and are based on current trends and economic data, obtained both externally and within the group.
ASHBURTON MINERALS LTD
ABN 99 008 894 442
AND CONTROLLED ENTITIES
24
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 JUNE 2006
Note 2: First-time Adoption of Australian Equivalents to International Financial Reporting Standards
Economic Entity
Note
Previous GAAP at 1 July 2004
Adjustment
Australian equivalents to IFRS at 1 July 2004
Reconciliation of Equity at 1 July 2004
$
$
$
ASSETS
CURRENT ASSETS
Cash and cash equivalents
3,200,066
-
3,200,066
Trade and other receivables
185,861
-
185,861
Other financial assets
1,800
-
1,800
TOTAL CURRENT ASSETS
3,387,727
-
3,387,727
NON CURRENT ASSETS
Trade and other receivables
30,200
-
30,200
Investments accounted for using the equity method
1
-
1
Financial assets
1
-
1
Property, plant and equipment
943,927
-
943,927
Other non-current assets
5,672,634
-
5,672,634
TOTAL NON CURRENT ASSETS
6,646,763
-
6,646,763
TOTAL ASSETS
10,034,490
-
10,034,490
CURRENT LIABILITIES
Trade and other payables
106,104
-
106,104
Short term provisions
53,067
-
53,067
TOTAL CURRENT LIABILITIES
159,171
-
159,171
NON CURRENT LIABILITIES
Long-term provisions
2,600,000
-
2,600,000
TOTAL NON CURRENT LIABILITIES
2,600,000
-
2,600,000
TOTAL LIABILITIES
2,759,171
-
2,759,171
NET ASSETS
7,275,319
-
7,275,319
EQUITY
Issued capital
20,559,182
-
20,559,182
Reserves
408,109
-
408,109
Accumulated losses
(13,691,972)
-
(13,691,972)
TOTAL EQUITY
7,275,319
-
7,275,319
ASHBURTON MINERALS LTD
ABN 99 008 894 442
AND CONTROLLED ENTITIES
25
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 JUNE 2006
Note 2: First-time Adoption of Australian Equivalents to International Financial Reporting Standards
Economic Entity
Note
Previous GAAP at
30 June 2005
Adjustments on introduction of Australian equivalents to IFRS
Australian equivalents to IFRS at
30 June 2005
Reconciliation of Equity at 30 June 2005
$
$
$
ASSETS
CURRENT ASSETS
Cash and cash equivalents
1,908,062
-
1,908,062
92,209
-
Trade and other receivables
92,209
Other financial assets
3,200
-
3,200
TOTAL CURRENT ASSETS
2,003,471
-
2,003,471
NON CURRENT ASSETS
Trade and other receivables
77,337
-
77,337
Investments accounted for using the equity method
1
-
1
Financial assets
1
-
1
Property, plant and equipment
747,144
-
747,144
6,288,869
-
6,288,869
Other non-current assets
TOTAL NON CURRENT ASSETS
7,113,352
-
7,113,352
TOTAL ASSETS
9,116,823
-
9,116,823
CURRENT LIABILITIES
145,019
-
145,019
Trade and other payables
57,680
-
57,680
Short term provisions
TOTAL CURRENT LIABILITIES
202,699
-
202,699
NON CURRENT LIABILITIES
2,600,000
-
2,600,000
Long-term provisions
TOTAL NON CURRENT LIABILITIES
2,600,000
-
2,600,000
TOTAL LIABILITIES
2,802,699
-
2,802,699
NET ASSETS
6,314,124
-
6,314,124
EQUITY
Issued capital
21,676,049
-
21,676,049
Reserves
408,109
-
408,109
Accumulated losses
(15,770,034)
-
(15,770,034)
TOTAL EQUITY
6,314,124
-
6,314,124
ASHBURTON MINERALS LTD
ABN 99 008 894 442
AND CONTROLLED ENTITIES
26
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 JUNE 2006
Note 2: First-time Adoption of Australian Equivalents to International Financial Reporting Standards
Parent Entity
Note
Previous GAAP at 1 July 2004
Adjustment
Australian equivalents to IFRS at 1 July 2004
Reconciliation of Equity at 1 July 2004
$
$
$
ASSETS
CURRENT ASSETS
Cash and cash equivalents
3,099,112
-
3,099,112
Trade and other receivables
85,809
-
85,809
Other financial assets
1,800
-
1,800
TOTAL CURRENT ASSETS
3,186,721
-
3,186,721
NON CURRENT ASSETS
Trade and other receivables
1,715,404
-
1,715,404
Investments accounted for using the equity method
3
-
3
Financial assets
878,501
-
878,501
Property, plant and equipment
71,692
-
71,692
Other non-current assets
1,594,039
-
1,594,039
TOTAL NON CURRENT ASSETS
4,259,639
-
4,259,639
TOTAL ASSETS
7,446,360
-
7,446,360
CURRENT LIABILITIES
Trade and other payables
64,196
-
64,196
Short term provisions
40,818
-
40,818
TOTAL CURRENT LIABILITIES
105,014
-
105,014
TOTAL LIABILITIES
105,014
-
105,014
NET ASSETS
7,341,346
-
7,341,346
EQUITY
Issued capital
20,559,182
-
20,559,182
Reserves
408,109
-
408,109
Accumulated losses
(13,625,945)
-
(13,625,945)
TOTAL EQUITY
7,341,346
-
7,341,346
ASHBURTON MINERALS LTD
ABN 99 008 894 442
AND CONTROLLED ENTITIES
27
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 JUNE 2006
Note 2: First-time Adoption of Australian Equivalents to International Financial Reporting Standards
Parent Entity
Note
Previous GAAP at
30 June 2005
Adjustments on introduction of Australian equivalents to IFRS
Australian equivalents to IFRS at
30 June 2005
Reconciliation of Equity at 30 June 2005
$
$
$
ASSETS
CURRENT ASSETS
Cash and cash equivalents
1,873,802
-
1,873,802
Trade and other receivables
81,227
-
81,227
Other financial assets
3,200
-
3,200
TOTAL CURRENT ASSETS
1,958,229
-
1,958,229
NON CURRENT ASSETS
Trade and other receivables
714,817
-
714,817
Investments accounted for using the equity method
3
-
3
Financial assets
969,410
-
969,410
Property, plant and equipment
75,444
-
75,444
Other non-current assets
511,639
-
511,639
TOTAL NON CURRENT ASSETS
2,271,313
-
2,271,313
TOTAL ASSETS
4,229,542
-
4,229,542
CURRENT LIABILITIES
Trade and other payables
38,320
-
38,320
Short term provisions
74,121
-
74,121
TOTAL CURRENT LIABILITIES
112,441
-
112,441
TOTAL LIABILITIES
112,441
-
112,441
NET ASSETS
4,117,101
-
4,117,101
EQUITY
Issued capital
21,676,049
-
21,676,049
Reserves
408,109
-
408,109
Accumulated losses
(17,967,057)
-
(17,967,057)
TOTAL EQUITY
4,117,101
-
4,117,101
ASHBURTON MINERALS LTD
ABN 99 008 894 442
AND CONTROLLED ENTITIES
28
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 JUNE 2006
Note 2: First-time Adoption of Australian Equivalents to International Financial Reporting Standards
Economic Entity
Note
Previous GAAP
Effect of transition to Australian equivalents to IFRS
Australian equivalents to IFRS
Reconciliation of Loss for 2005
$
$
$
Revenues from ordinary activities
2a
196,049
-
196,049
Employee benefits expense
(171,905)
-
(171,905)
Depreciation expense
(22,539)
-
(22,539)
Finance costs
(3,138)
-
(3,138)
Other expenses from ordinary activities
(2,076,529)
-
(2,076,529)
Loss from ordinary activities before income tax expense
(2,078,062)
-
(2,078,062)
Income tax expense relating to ordinary activities
-
-
-
Loss from ordinary activities after related income tax expense
(2,078,062)
-
(2,078,062)
Loss attributable to members of the Parent Entity
(2,078,062)
-
(2,078,062)
Parent Entity
Reconciliation of Loss for 2005
Revenues from ordinary activities
2a
120,682
-
120,682
Employee benefits expense
(171,905)
-
(171,905)
Depreciation expense
(22,539)
-
(22,539)
Finance costs
(2,388)
-
(2,388)
Other expenses from ordinary activities
(4,264,962)
-
(4,264,962)
Loss from ordinary activities before income tax expense
(4,341,112)
-
(4,341,112)
Income tax expense relating to ordinary activities
-
-
-
Loss from ordinary activities after related income tax expense
(4,341,112)
-
(4,341,112)
Loss attributable to members of the Parent Entity
(4,341,112)
-
(4,341,112)
ASHBURTON MINERALS LTD
ABN 99 008 894 442
AND CONTROLLED ENTITIES
29
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 JUNE 2006
Note 3: Revenue
Note
Economic Entity
Parent Entity
2006
$
2005
$
2006
$
2005
$
Operating activities
− interest received other persons
105,201
192,849
105,201
120,682
− other revenue
10,536
3,200
10,536
-
Total Revenue
115,737
196,049
115,737
120,682
Non-operating activities
− gain/(loss) on disposal of property, plant & equipment
2,433
-
(28,011)
-
− gain on disposal of investment in Wirralie Mines Pty Ltd
-
-
1,101,056
-
Other Income
2,433
-
1,073,045
-
Note 4: Profit for the year
(a)
Expenses
Impairment of goodwill
144,785
-
-
-
Write –off capitalised expenses
382,698
1,416,793
340,265
1,416,793
Occupancy costs
72,397
59,776
72,397
59,776
Accounting fees
58,911
66,408
56,

[Gelfling]

Dazugehörig (Teil II)
======================
Accounting fees
58,911
66,408
56,476
47,926
(b)
Significant revenue and expenses
The following significant revenue and expense items are relevant in explaining the financial performance:
Consideration on disposal of Wirralie Mine Pty Ltd
995,839
Carrying amount of net assets sold
(1,802,345)
Net loss on the disposal of Wirralie Mines Pty Ltd
(806,506)
-
-
-
Loan to controlled entity forgiven
-
-
-
2,255,101
ASHBURTON MINERALS LTD
ABN 99 008 894 442
AND CONTROLLED ENTITIES
30
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 JUNE 2006
Note 5: Income Tax Expense
Note
Economic Entity
Parent Entity
2006
$
2005
$
2006
$
2005
$
(a)
The prima facie tax on profit/(loss) from ordinary activities before income tax is reconciled to the income tax as follows:
Prime facie tax payable on profit/(loss) from ordinary activities before income tax at 30% (2005: 30%)
(744,332)
(623,419)
2,258
(1,302,333)
Add:
Tax effect of:
− debts forgiven
-
-
-
676,530
− exploration and evaluation expenditure previously deducted for income tax and not previously recognised
62,734
-
72,000
324,720
− other non-allowable items
475,938
816
23,362
83
− revenue losses not recognised
279,536
636,125
269,635
320,606
− over provision for income tax in prior year
-
40,314
-
-
818,208
677,255
364,997
1,321,939
Less:
Tax effect of:
− exploration and evaluation expenditure deducted for income tax and not previously recognised
-
49,414
-
-
− other non-allowable items
27,527
4,422
271,479
-
− debts recovered
-
-
58,838
-
− recoupment of prior year revenue losses not previously recognised
11,471
-
-
-
− other tax benefits not previously recognised
34,878
-
36,938
19,606
73,876
53,836
367,255
19,606
Income tax
-
-
-
-
The applicable weighted average effective tax rates are as follows:
0%
0%
0%
0%
(b)
The tax benefits on the following estimated gross tax losses have not been recognised at 30 June 2006 because the Directors do not believe it is appropriate to regard the utilisation of the tax benefits as probable:
- Revenue losses $6,024,804 (2005: $5,305,597)
- Capital losses $2,098,799 (2005: $3,003,729)
- Foreign losses $ 667,365 (2005: $ 217,277)
ASHBURTON MINERALS LTD
ABN 99 008 894 442
AND CONTROLLED ENTITIES
31
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 JUNE 2006
Note 6: Key Management Personnel Compensation
(a) Directors
The following persons were Directors of Ashburton Minerals Limited during the financial year:
(i) Chairman – Non-executive
Mr Rick Crabb
(ii) Executive Directors
Mr Tom Dukovcic – Managing Director
Mr Rodney Dunn
(b) Other key management personnel
There were no other key management personnel during the financial year.
(c) Key management personnel compensation
Economic Entity
Parent Entity
2006
$
2005
$
2006
$
2005
$
Short –term employee benefits
328,000
336,773
328,000
336,773
Post-employment benefits
29,520
30,310
29,520
30,310
Share-based payments
-
-
-
-
357,520
367,083
357,520
367,083
The Company has transferred the detailed remuneration disclosures to the Directors’ report in accordance with the Corporations Amendment Regulations 2006 (No. 4)
(d) Equity instrument disclosures relating to key management personnel
(i) Options provided as remuneration and shares issued on exercise of such options
Details of options provided as remuneration and shares issued on the exercise of such options, together with terms and conditions of the options, can be found in the Directors’ report on page 9
(ii) Option holdings
The numbers of options over ordinary shares in the Company held during the financial year by each Director of Ashburton Minerals Limited, including their personally related parties, are set out below
ASHBURTON MINERALS LTD
ABN 99 008 894 442
AND CONTROLLED ENTITIES
32
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 JUNE 2006
Note 6: Key Management Personnel Compensation (continued)
2006
Balance at the start of the year
Granted during the year
as Compensation
Exercised during the year
Other changes during the year
Balance at the end of the year
Vested and exercisable at the end of the year
Mr Rick Crabb
1,691,446
-
-
(1,673,584)
17,862
17,862
Mr Tom Dukovcic
5,316,861
-
-
(5,225,841)
91,020
91,020
Mr Rodney Dunn
2,905,699
-
-
(2,338,335)
567,364
567,364
Total
9,914,006
-
-
(9,237,760)
676,246
676,246
No options are vested and unexercisable at the end of the year
Other changes during the year relate entirely to the expiring of unlisted options.
2005
Balance at the start of the year
Granted during the year
as Compensation
Exercised during the year
Other changes during the year
Balance at the end of the year
Vested and exercisable at the end of the year
Mr Rick Crabb
1,691,446
-
-
-
1,691,446
1,691,446
Mr Tom Dukovcic
5,316,861
-
-
-
5,316,861
5,316,861
Mr Rodney Dunn
2,905,699
-
-
-
2,905,699
2,905,699
Total
9,914,006
9,914,006
9,914,006
No options are vested and unexercisable at the end of the year
ASHBURTON MINERALS LTD
ABN 99 008 894 442
AND CONTROLLED ENTITIES
33
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 JUNE 2006
Note 6: Key Management Personnel Compensation (continued)
(iii) Share holdings
The numbers of shares in the Company held during the financial year by each Director of Ashburton Minerals Limited, including their personally related parties, are set out below
2006
Balance at the start of the year
Granted during the year
as Compensation
Received during the year on the exercise of options
Other changes during the year
Balance at the end of the year
Mr Rick Crabb
132,168
-
-
-
132,168
Mr T Dukovcic
601,126
-
-
-
601,126
Mr R Dunn
3,441,678
-
-
-
3,441,678
Total
4,174,972
-
-
-
4,174,972
2005
Balance at the start of the year
Granted during the year
as Compensation
Received during the year on the exercise of options
Other changes during the year
Balance at the end of the year
Mr Rick Crabb
107,168
-
-
25,000
132,168
Mr T Dukovcic
596,126
-
-
5,000
601,126
Mr R Dunn
3,404,178
-
-
37,500
3,441,678
-
-
Total
4,107,472
-
-
67,500
4,174,972
ASHBURTON MINERALS LTD
ABN 99 008 894 442
AND CONTROLLED ENTITIES
34
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 JUNE 2006
Note 7: Auditors’ Remuneration
Economic Entity
Parent Entity
2006
$
2005
$
2006
$
2005
$
Remuneration of the auditor of the Parent Entity for:
− auditing or reviewing the financial report
12,000
9,000
12,000
9,000
− taxation services
7,562
4,546
7,562
4,546
− other services
-
-
-
-
19,562
13,546
19,562
13,546
Note 8: Earnings per Share
Economic Entity
2006
$
2005
$
(a)
Reconciliation of Earnings to Profit or Loss
Loss
(2,481,106)
(2,078,062)
Earnings used to calculate basic EPS
(2,481,106)
(2,078,062)
(b)
Reconciliation of Earnings to Profit or Loss from Continuing Operations
Loss from continuing operations
(2,481,106)
(2,078,062)
Earnings used to calculate basic EPS from continuing operations
(2,481,106)
(2,078,062)
(d)
Weighted average number of ordinary shares outstanding during the year used in calculating basic EPS
No.
No.
78,238,919
77,675,718
Diluted EPS not disclosed as potential ordinary shares are not dilutive
ASHBURTON MINERALS LTD
ABN 99 008 894 442
AND CONTROLLED ENTITIES
35
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 JUNE 2006
Note 9: Cash and Cash Equivalents
Note
Economic Entity
Parent Entity
2006
$
2005
$
2006
$
2005
$
Cash at bank and in hand
965,084
1,908,062
944,411
1,873,802
965,084
1,908,062
944,411
1,873,802
Reconciliation of cash
Cash at the end of the financial year as shown in the statement of cash flows is reconciled to items in the balance sheet as follows:-
Cash and cash equivalents
965,084
1,908,062
944,411
1,873,802
965,084
1,908,062
944,411
1,873,802
Note 10: Trade and Other Receivables
Current
Other receivables:
- Deposits
42,231
52,055
42,231
52,055
- Other receivables
46,571
-
-
-
- Goods and services tax
24,491
40,154
17,929
29,172
113,293
92,209
60,160
81,227
Non-Current
Amounts receivable from:
- wholly-owned entities
-
-
2,288,271
714,817
- associated companies
94,623
77,337
-
-
94,623
77,337
2,288,271
714,817
ASHBURTON MINERALS LTD
ABN 99 008 894 442
AND CONTROLLED ENTITIES
36
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 JUNE 2006
Note 11: Investments Accounted for Using the Equity Method
Note
Economic Entity
Parent Entity
2006
$
2005
$
2006
$
2005
$
Investments in associated entities - at cost
12
-
2,135,021
2
2,135,023
Less: Provision for diminution in value
-
(2,135,020)
-
(2,135,020)
-
1
2
3
Note 12: Associated Companies
Interests are held in the following associated Company Optics Storage Pte Ltd which is incorporated in Singapore.
Name
Principal Activity
Ownership Interest
Carrying Amount of Investment
2006
%
2005
%
2006
$
2005
$
Optics Storage Pte Ltd
Optical storage devices
-
15.6
-
2,135,021
Less: Provision for diminution in value
-
(2,135,020)
-
1
The assets and liabilities of Optics Storage Pte Ltd, as at 30 June 2006, and the operating profit (loss) for the 12 months ended on that date, have not been disclosed as the Company was liquidated on 3 May 2005.
Note 13: Other Financial Assets
Note
Economic Entity
Parent Entity
2006
$
2005
$
2006
$
2005
$
Available-for-sale financial assets
12(a)
3,201
3,201
881,701
972,610
Less non current portion
1
1
878,501
969,410
Current portion
3,200
3,200
3,200
3,200
(a)
Available-for-sale Financial Assets Comprise:
Unlisted investments, at cost
− shares in controlled entities
-
-
878,500
969,409
− interest in other corporations
272,450
272,450
272,450
272,450
− Less provision for impairment
(269,249)
(269,249)
(269,249)
(269,249)
Total available-for-sale financial assets
3,201
3,201
881,701
972,610
ASHBURTON MINERALS LTD
ABN 99 008 894 442
AND CONTROLLED ENTITIES
37
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 JUNE 2006
Note 13: Other Financial Assets (continued)
Available-for-sale financial assets comprise investments in the ordinary share capital of various entities. There are no fixed returns or fixed maturity date attached to these investments.
The fair value of unlisted available-for-sale financial assets cannot be reliably measured as variability in the range of
reasonable fair value estimates is significant. As a result, all unlisted investments are reflected at cost.
Unlisted available-for-sale financial assets exist within active markets and could be disposed of if required.
Note 14: Controlled Entities
(a)
Controlled Entities Consolidated
Country of Incorporation
Percentage Owned (%)*
2006
2005
Parent Entity:
Ashburton Minerals Limited
Australia
-
-
Ultimate Parent Entity:
Ashburton Minerals Limited
Australia
-
-
Subsidiaries of Ashburton Minerals Limited:
Ashburton Gold Mines NL
Australia
100
100
Trans Pacific Gold Pty Ltd
Australia
100
100
Trans Pacific Gold Mineracao Ltda
Brazil
100
100
Transdrill Pty Ltd
Australia
50
-
Wirralie Mines Pty Ltd
Australia
-
100
* Percentage of voting power is in proportion to ownership
(b)
Acquisition of Controlled Entities
On 22 February 2006 Trans Pacific Gold Pty Ltd acquired 50% of Transdrill Pty Ltd for a purchase consideration of $150,000.
ASHBURTON MINERALS LTD
ABN 99 008 894 442
AND CONTROLLED ENTITIES
38
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 JUNE 2006
Note 14: Controlled Entities (continued)
(c)
Disposal of Controlled Entities
On 12 October 2005 the Parent Entity disposed of its 100% interest in Wirralie Mines Pty Ltd. An operating loss after tax of 806,506 was attributable to members of the Consolidated Entity from the disposal. No remaining interest in the Entity was held by any member of the Economic Entity.
Economic Entity
30 June 2006
$
Total consideration is made up as follows:
Cash consideration
995,839
Less: Cost of disposal
-
995,839
Details of the Controlled Entity disposed of are as follows:
Assets and liabilities held at disposal date:
Investment in Controlled Entity
90,909
Receivables
40,620
Mining tenements
3,920,607
Property, plant & equipment
586,114
Reversal of prior loan write-down
(196,126)
Payables
(39,779)
Future reclamation costs
(2,600,000)
Net assets/(liabilities) disposed of
1,802,345
(Loss) on disposal of former Controlled Entity
(806,506)
Total consideration
995,839
Inflow of cash from disposal of former Controlled Entity, net of cash disposed:
Cash consideration
995,839
Less: Cash balances disposed
-
Net inflow of cash
995,839
ASHBURTON MINERALS LTD
ABN 99 008 894 442
AND CONTROLLED ENTITIES
39
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 JUNE 2006
Note 14: Controlled Entities (continued)
(d)
Controlled Entities with Ownership Interest of 50% or Less
Trans Pacific Gold Pty Ltd holds 50% of the ordinary shares of Transdrill Pty Ltd. Trans Pacific Gold Pty Ltd is required to make all the financial and operating policy decisions of Transdrill Pty Ltd and to ensure that those policies are consistent with the policies of the Economic Entity.
Economic Entity
30 June 2006
$
Total consideration is made up as follows:
Cash consideration
150,000
Details of the Controlled Entity acquired are as follows:
Assets and liabilities held at acquisition date:
Cash
45,187
Receivables
14,785
Property, plant & equipment
95,290
Payables
(150,047)
Net assets/(liabilities) acquired
5,215
Total goodwill on acquisition
144,785
Note 15: Property, Plant and Equipment
Economic Entity
Parent Entity
2006
$
2005
$
2006
$
2005
$
BUILDINGS
Buildings:
At Cost
-
47,900
-
-
Accumulated depreciation
-
(2,642)
-
-
Total Buildings
-
45,258
-
-
PLANT AND EQUIPMENT
Plant and equipment:
At cost
409,726
1,195,035
226,822
199,779
Accumulated depreciation
(193,144)
(493,149)
(151,255)
(124,335)
Total Plant and equipment
216,582
701,886
75,567
75,444
Total Property, Plant and Equipment
216,582
747,144
75,567
75,444
ASHBURTON MINERALS LTD
ABN 99 008 894 442
AND CONTROLLED ENTITIES
40
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 JUNE 2006
Note 15: Property, Plant and Equipment (continued)
(a) Movements in Carrying Amounts
Movement in the carrying amounts for each class of plant and equipment between the beginning and the end of the current financial year.
Buildings
$
Plant and Equipment
$
Total
$
Economic Entity:
Balance at the beginning of year
45,258
701,886
747,144
Additions
-
136,293
136,293
Disposals
-
(28,538)
(28,538)
Additions through acquisition of Entity
-
78,778
78,778
Depreciation expense
-
(85,723)
(85,723)
Disposals of assets on sale of subsidiary
(45,258)
(586,114)
(631,372)
Carrying amount at the end of year
-
216,582
216,582
Parent Entity:
Balance at the beginning of year
-
75,444
75,444
Additions
-
58,663
58,663
Disposals
(28,538)
(28,538)
Depreciation expense
-
(30,002)
(30,002)
Carrying amount at the end of year
-
75,567
75,567
Note16: Intangible Assets
Note
Economic Entity
Parent Entity
2006
$
2005
$
2006
$
2005
$
Goodwill
Cost
144,758
-
-
-
Accumulated impairment losses
(144,785)
-
-
-
Net carrying value
-
-
-
-
-
-
-
-
Closing carrying value at 30 June 2006
-
ASHBURTON MINERALS LTD
ABN 99 008 894 442
AND CONTROLLED ENTITIES
41
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 JUNE 2006
Note16: Intangible Assets (continued)
Goodwill
$
Economic Entity:
Year ended 30 June 2005
Balance at the beginning of year
-
Additions
-
Disposals
-
Amortisation charge
-
Impairment losses
-
Closing carrying value at 30 June 2005
-
Year ended 30 June 2006
Balance at the beginning of year
-
Additions
Internal development
-
Acquisitions through business combinations
144,785
Disposals
-
Amortisation charge
-
Impairment losses
(144,785)
Closing carrying value at 30 June 2006
-
Note 17: Other Assets
Note
Economic Entity
Parent Entity
2006
$
2005
$
2006
$
2005
$
NON-CURRENT
Exploration expenditure capitalised
− exploration and evaluation phases
2,792,873
6,288,869
112,596
511,639
The recoverability of the carrying amount of exploration assets is dependent on the successful development and commercial exploitation or sale of the respective mining permits. Amortisation of the costs carried forward for the development phase is not being charged pending the commencement of production.
ASHBURTON MINERALS LTD
ABN 99 008 894 442
AND CONTROLLED ENTITIES
42
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 JUNE 2006
Note 18: Trade and Other Payables
Note
Economic Entity
Parent Entity
2006
$
2005
$
2006
$
2005
$
CURRENT
Trade payables
14,164
57,346
6,467
28,317
Sundry payables and accrued expenses
26,701
87,673
25,185
37,194
40,865
145,019
31,652
65,511
NON-CURRENT
Amounts payable to other parties
100,000
-
-
-
100,000
-
-
-
Note 19: Provisions
Reclamation Costs
$
Employee Entitlements
$
Total
$
Economic Entity:
Balance at the beginning of year
2,600,000
57,680
2,657,680
Additional provisions
-
24,599
24,599
Amounts used
-
(28,868)
(28,865)
Increase in provision on acquisition of subsidiary
-
5,346
5,346
Decrease in provision on sale of subsidiary
(2,600,000)
(10,750)
(2,610,753)
Carrying amount at the end of year
-
48,007
48,007
Parent Entity:
Balance at the beginning of year
-
46,930
46,930
Additional provisions
-
24,599
24,599
Amounts used
(28,868)
(28,868)
Carrying amount at the end of year
-
42,661
42,661
ASHBURTON MINERALS LTD
ABN 99 008 894 442
AND CONTROLLED ENTITIES
43
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 JUNE 2006
Note 20: Issued Capital
Economic Entity
Parent Entity
2006
$
2005
$
2006
$
2005
$
79,640,005 (2005: 77,391,048) fully paid ordinary shares
22,977,044
22,825,874
22,977,044
22,825,874
Share Issue Costs
(1,149,825)
(1,149,825)
(1,149,825)
(1,149,825)
21,827,219
21,676,049
21,827,219
21,676,049
(a)
Ordinary Shares
No.
No.
No.
No.
At the beginning of reporting period
77,391,048
69,298,038
77,391,048
69,298,038
Shares issued during year
2,248,957
8,093,010
2,248,957
8,093,010
At reporting date
79,640,005
77,391,048
79,640,005
77,391,048
• On 12 July 2005 the Company issued 639,625 ordinary shares as full repayment of a loan at a deemed issue price of 8 cents.
• On 8 May 2006 the Company issued 1,609,332 ordinary shares at a deemed issue price of 6.2 cents and 500,000 options exercisable at 15 cents, in consideration for the option agreement over the Cuiaba Gold Project.
Note 21: Reserves
Economic Entity
Parent Entity
2006
$
2005
$
2006
$
2005
$
(a) Option Reserve
The option reserve records items recognised as costs of acquisition of exploration projects and subsidiaries.
12,596
-
12,596
-
(b) Asset Revaluation Reserve
The asset revaluation reserve records revaluations of non-current assets.
376,014
376,014
376,014
376,014
(c) Asset Realisation Reserve
The asset realisation reserve records realised gains on sale of non-current assets.
32,095
32,095
32,095
32,095
420,705
408,109
420,705
408,109
Note 22: Contingent Liabilities and Contingent Assets
The Directors are not aware of any contingent liabilities or contingent assets as at 30 June 2006.
ASHBURTON MINERALS LTD
ABN 99 008 894 442
AND CONTROLLED ENTITIES
44
$
2006
Revenue
Operating revenue 115,737 - 115,737
Total revenue 115,737 - 115,737
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 JUNE 2006
Note 23: Segment Reporting
The Consolidated Entity operates in two geographical segments being Australia and Brazil and one industry segment, that of mineral exploration.
Primary Reporting – Geographical Segments
Australia
Brazil
Consolidated
$
$ Result
Segment Result (2,159,670) (321,436) (2,481,106)
Profit (loss) before income tax (2,159,670) (321,436) (2,481,106)
Income tax - - -
Profit (loss) after income tax (2,159,670) (321,436) (2,481,106)
Assets
Segment assets 3,217,075 968,581 4,185,656
Total Assets 3,217,075 968,581 4,185,656
Liabilities
Segment liabilities 184,916 3,956 188,872
Total Liabilities 184,916 3,956 188,872
Other
Depreciation and amortisation of segment
assets 81,691 4,032 85,723
Total Other 81,691 4,032 85,723
Australia Brazil Consolidated
$ $ $
2005
Revenue
Operating revenue 124,452 71,597 196,049
Total revenue 124,452 71,597 196,049
Result
Segment Result (2,090,420) 12,358 (2,078,062)
Profit (loss) before income tax (2,090,420) 12,358 (2,078,062)
Income tax - - -
Profit (loss) after income tax (2,090,420) 12,358 (2,078,062)
ASHBURTON MINERALS LTD
ABN 99 008 894 442
AND CONTROLLED ENTITIES
45
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 JUNE 2006
Note 23: Segment Reporting (continued)
Australia Brazil Consolidated
2005 $ $ $
Assets
Segment assets 8,789,259 327,564 9,116,823
Total Assets 8,789,259 327,564 9,116,823
Liabilities
Segment liabilities 2,799,454 3,245 2,802,699
Total Liabilities 2,799,454 3,245 2,802,699
Other
Depreciation and amortisation of segment
assets 22,539 -
22,539
Total Other 22,539 - 22,539
Accounting Policies
Segment revenues and expenses are those directly attributable to the segments and include any joint revenue and
expenses where a reasonable basis of allocation exists. Segment assets include all assets used by a segment and
consist principally of cash, receivables, plant and equipment, exploration expenditure capitalised net of accumulated
depreciation and amortisation. While most such assets can be directly attributed to individual segments, the carrying
amount of certain assets used jointly by two or more segments is allocated to the segments on a reasonable basis.
Segment liabilities consist principally of payables, employee benefits, accrued expenses, provisions and borrowings.
Segment assets and liabilities do not include deferred income taxes.
Intersegment Transfers
Segment revenues, expenses and results include transfers between segments. The prices charged on intersegment
transactions are the same as those charged for similar goods to parties outside of the Economic Entity at an arms
length. These transfers are eliminated on consolidation.
Business Segments
The Economic Entity has the following business segment:
Exploration – conducting exploration activities in relation to mineral projects in Australia and Brazil.
Geographical Segments
The Economic Entity’s head office is located in Australia, with exploration work carried out in Australia and Brazil.
ASHBURTON MINERALS LTD
ABN 99 008 894 442
AND CONTROLLED ENTITIES
46
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 JUNE 2006
Note 24: Cash Flow Information
Note Economic Entity Parent Entity
2006
$
2005
$
2006
$
2005
$
(a) Reconciliation of Cash Flow from Operations
with Profit/(Loss) after Income Tax
Loss after income tax (2,481,105) (2,078,062) 7,529 (4,341,112)
Non-cash flows in profit
Depreciation 85,723 22,539 30,002 22,539
Exploration expenditure written-off 382,689 1,416,793 340,265 1,416,793
Loan to Controlled Entity forgiven - - - 2,255,101
Impairment of goodwill 144,785 - 144,785 -
(Gain)/loss on disposal of property, plant &
equipment 28,011 - (2,433) -
(Gain)/loss on disposal of subsidiary 806,506 - (1,101,056) -
(Increase)/decrease in trade & term debtors (38,370) (47,137) 21,067 (1,000)
Increase/(decrease) in trade payables and
accruals (21,067) 8,488 (33,859) (25,876)
Other 186,893 (155,029) 18,009 175,310
Cashflow from operations (905,935) (832,408) (575,691) (498,245)
Note 25: Share-based Payments
There were no share based payments made during the financial year.
Note 26: Events After the Balance Sheet Date
No matter or circumstances have arisen since the end of the reporting date and the date of this report which
significantly affects or may significantly affect the results of the operations of the Company.
ASHBURTON MINERALS LTD
ABN 99 008 894 442
AND CONTROLLED ENTITIES
47
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 JUNE 2006
Note 27: Related Party Transactions
The names of each person holding the position of Director of Ashburton Minerals Ltd since the beginning of the
financial year are:
• Mr Rick Crabb
• Mr Tom Dukovcic
• Mr Rodney Dunn
Apart from the Directors’ remuneration disclosed in the Director’s Report, no Directors have entered into a contract with
the Economic Entity since the end of the previous financial year and there are no material contracts involving Directors’
interests existing at year end.
Transactions between related parties are on normal commercial terms and conditions no more favourable than those available to
other parties unless otherwise stated.
Economic Entity Parent Entity
2006
$
2005
$
2006
$
2005
$
Transactions with related parties:
Key Management Personnel
Repayment of loan to Titanic Holdings Pty Ltd, a company in which Mr
Dunn is a director. 104,459 - 104,459 -
Repayment of loan to Westessa Holdings Pty Ltd, a company in which
Mr Crabb is a director. 51,341 - 51,341 -
Note 28: Financial Instruments
(a) Financial Risk Management
The group’s financial instruments consist mainly of deposits with banks, accounts receivable and payable, loans
to and from subsidiaries.
(i) Financial Risk
The main risks the group is exposed to through its financial instruments are interest rate risk, foreign
currency risk, liquidity risk, credit risk and interest rate risk.
Foreign currency risk
The group is exposed to fluctuations in foreign currencies arising from the sale and purchase of goods and
services in currencies other than the group’s measurement currency.
Liquidity risk
The group manages liquidity risk by monitoring forecast cash flows and ensuring that adequate unutilised
borrowing facilities are maintained.
Credit risk
The maximum exposure to credit risk, excluding the value of any collateral or other security, at balance
date to recognised financial assets, is the carrying amount, net of any provisions for impairment of those
assets, as disclosed in the balance sheet and notes to the financial statements.
The Economic Entity does not have any material credit risk exposure to any single receivable or group of
receivables under financial instruments entered into by the Economic Entity.
ASHBURTON MINERALS LTD
ABN 99 008 894 442
AND CONTROLLED ENTITIES
48
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 JUNE 2006
Note 28: Financial Instruments (cont’d)
Interest rate risk exposure
Interest Rate Risk
The Economic Entity’s exposure to interest rate risk, which is the risk that a financial instruments value will fluctuate as a
result of changes in market interest rates and the effective weighted average interest rates on classes of financial assets
and financial liabilities, is as follows:
Weighted
Average
Effective
Interest Rate
Floating Interest Rate
$
Fixed Interest rate
maturing
1 to 5 Years
$
Non-interest Bearing
$
Total
$
2006 2005 2006 2005 2006 2005 2006 2005 2006 2005
Financial
Assets:
Cash 4.2% 4.0% 965,084 1,908,062 - - - - 965,084 1,908,062
Receivables 4.2% 4.0% 42,231 52,055 - - 165,685 117,491 207,916 169,546
Investments - - - - 3,201 3,202 3,201 3,202
Total Financial
Assets
1,007,315 1,960,117 - - 168,886 120,693 1,176,201 2,080,810
Financial
Liabilities:
Trade and
sundry
creditors - - - - 188,872 202,699 188,872 202,699
Total Financial
Liabilities
- - - - 188,872 202,699 188,872 202,699
(i) Net Fair Values
The net fair values of:-
- Listed investments have been valued at the quoted market price at balance date adjusted for transaction
costs expected to be incurred. For unlisted investments where there is no organised financial market the
net fair value has been based on a reasonable estimation of the underlying net assets or discounted
cashflows of the investment.
- Other assets and liabilities approximate their carrying value
No financial assets and liabilities are readily traded on organised markets in standardised form other than listed
investments, forward exchange contracts and interest rate swaps.
ASHBURTON MINERALS LTD
ABN 99 008 894 442
AND CONTROLLED ENTITIES
49
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 JUNE 2006
Note 28: Financial Instruments (cont’d)
Aggregate net fair values and carrying values of financial assets and liabilities at balance date.
2006 2005
Carrying
Amount
$
Net Fair
Value
$
Carrying
Amount
$
Net Fair
Value
$
Financial Assets
Available for sale financial assets at fair value 3,201 3,201 3,202 3,202
Loans and receivables 207,916 207,916 169,546 169,546
211,117 211,117 172,748 172,748
Financial Liabilities
Other loans and amounts due 188,872 188,872 202,699 202,699
188,872 188,872 202,699 202,699
Note 29: Change in Accounting Policy
(a) The group has adopted the following accounting standards for application on or after 1 January 2005:
− AASB 132: Financial Instruments: Disclosure and Presentation; and
− AASB 139: Financial Instruments: Recognition and Measurement
The changes resulting from the adoption of AASB 132 relate primarily to increased disclosures required under the
standard and do not affect the value of amounts reported in the financial statements.
The adoption of AASB 139 has resulted in material differences in the recognition and measurement of the group’s
financial instruments. The group has elected not to adjust comparative information resulting form the introduction of
AASB 139 as permitted under the transitional provisions of this standard. As such, previous Australian accounting
standards have been applied to comparative information. A summary of the main adjustments that would have
resulted if AASB 139 was applied retrospectively are included below.
Available-for-sale Financial Assets
Under AASB 139, available-for-sale financial assets are revalued to fair value at reporting date. All adjustments
resulting from changes in fair value are taken directly to equity. If AASB 139 had been applied retrospectively, a
number of financial assets reflected at cost in the comparative year would have been adjusted to fair value at 30 June
2005. This would have resulted in an increased carrying value attributable to financial assets at 30 June 2005, and a
corresponding increase in reserves at that date.
ASHBURTON MINERALS LTD
ABN 99 008 894 442
AND CONTROLLED ENTITIES
50
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 JUNE 2006
Note 29: Change in Accounting Policy (continued)
(b) The following Australian Accounting Standards have been issued or amended and are applicable to the Parent
and Economic Entity but are not yet effective. They have not been adopted in preparation of the financial
statements at reporting date.
AASB
Amendment
AASB Standard
Affected
Nature of Change in
Accounting Policy and
Impact
Application
Date of the
Standard
Application
Date for the
Group
2004-3 AASB 1: First time Adoption of
AIFRS
No change, no impact 1 January 2006 1 July 2006
AASB 101: Presentation of
Financial Statements
No change, no impact 1 January 2006 1 July 2006
AASB 124: Related Party
Disclosures
No change, no impact 1 January 2006 1 July 2006
2005-1 AASB 139: Financial
Instruments: Recognition and
Measurement
No change, no impact 1 January 2006 1 July 2006
2005-5 AASB 1: First time Adoption of
AIFRS
No change, no impact 1 January 2006 1 July 2006
AASB 139: Financial
Instruments: Recognition and
Measurement
No change, no impact 1 January 2006 1 July 2006
2005-6 AASB 3: Business
Combinations
No change, no impact 1 January 2006 1 July 2006
AASB 139: Financial
Instruments: Disclosure &
Presentation
Ashburton Minerals Limited is
in the process of evaluating the
effect of these changes of
which the impact is not
reasonably estimable at the
date of this financial report
1 January 2006 1 July 2006
2005-10 AASB 139: Financial
Instruments: Disclosure &
Presentation
No change, no impact 1 January 2006 1 July 2006
AASB 101: Presentation of
Financial Statements
No change, no impact 1 January 2006 1 July 2006
AASB 114: Segment Reporting No change, no impact 1 January 2006 1 July 2006
AASB 117: Leases No change, no impact 1 January 2006 1 July 2006
AASB 133: Earnings per share No change, no impact 1 January 2006 1 July 2006
AASB 132: Financial
Instruments: Disclosure and
Presentation
No change, no impact 1 January 2006 1 July 2006
AASB 1: First time Adoption of
AIFRS
No change, no impact 1 January 2006 1 July 2006
ASHBURTON MINERALS LTD
ABN 99 008 894 442
AND CONTROLLED ENTITIES
51
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 JUNE 2006
Note 29: Change in Accounting Policy (continued)
AASB
Amendment
AASB Standard
Affected
Nature of Change in
Accounting Policy and
Impact
Application
Date of the
Standard
Application
Date for the
Group
2006-1 AASB 121: The Effects of
Changes in Foreign Exchange
Rates
No change, no impact 1 January 2006 1 July 2006
New Standard AASB 7: Financial Instruments:
Disclosure
No change, no impact 1 January 2006 1 July 2006
New Standard AASB 119: Employee Benefits:
December 2004
No change, no impact 1 January 2006 1 July 2006
All other pending Standards issued between the previous financial report and the current reporting dates have no application
to either the Parent or Economic Entity.
AASB
Amendment
AASB Standard Affected
2005-4 AASB 139: Financial Instruments: Recognition and Measurement
AASB 132: Financial Instruments: Disclosure and Presentation
2005-9 AASB 139: Financial Instruments: Recognition and Measurement
AASB 132: Financial Instruments: Disclosure and Presentation
Note 30: Company Details
The registered office of the Company is:
Level 2
35-37 Havelock Street
West Perth WA 6005
Tel: [phone]
Fax: [phone]
The principal place of business is:
Level 2
35-37 Havelock Street
West Perth WA 6005
Tel: [phone]
Fax: [phone]
ASHBURTON MINERALS LTD
ABN 99 008 894 442
AND CONTROLLED ENTITIES
52
DIRECTORS’ DECLARATION
The Directors of the Company declare that:
1. the financial statements and notes, as set out on pages 12 to 51, are in accordance with the Corporations Act
2001 and:
(a) comply with Accounting Standards and the Corporations Regulations 2001; and
(b) give a true and fair view of the financial position as at 30 June 2006 and of the performance for the year
ended on that date of the Company and Economic Entity;
2. the Chief Executive Officer and Chief Finance Officer have each declared that:
(a) the financial records of the Company for the financial year have been properly maintained in accordance with
section 286 of the Corporations Act 2001;
(b) the financial statements and notes for the financial year comply with the Accounting Standards; and
(c) the financial statements and notes for the financial year give a true and fair view.
3. in the Directors opinion there are reasonable grounds to believe that the Company will be able to pay its debts as
and when they become due and payable.
This declaration is made in accordance with a resolution of the Board of Directors.
__________________
Mr T Dukovcic
Managing Director
Dated this 28th day of September 2006
ASHBURTON MINERALS LTD
ABN 99 008 894 442
AND CONTROLLED ENTITIES
53
INDEPENDENT AUDIT REPORT TO THE MEMBERS OF ASHBURTON MINERALS LIMITED
SCOPE
The Financial Report, Remuneration Disclosures & Directors’ Responsibility
The financial report comprises the balance sheet, income statement, cash flow statements, statement of changes in
equity, accompanying notes to the financial statements, and the directors’ declaration for both Ashburton Minerals
Limited (the “Company”) and Ashburton Minerals Ltd Group (“the Consolidated Entity”) for the year ended 30 June
2006. The Consolidated Entity comprises both the Company and the entities it controlled during that year.
The Company has disclosed information about the remuneration of directors and executives (“remuneration
disclosures”), as required by Accounting Standard AASB 124: Related Party Disclosures, under the heading
”Remuneration Report” in pages 6 to 8 of the directors’ report, as permitted by the Corporations Regulations 2001.
The directors of the Company are responsible for the preparation and true and fair presentation of the financial report in
accordance with the Corporations Act 2001. This includes responsibility for the maintenance of adequate accounting
records and internal controls that are designed to prevent and detect fraud and error, and for the accounting policies and
accounting estimates inherent in the financial report. The directors are also responsible for the remuneration
disclosures contained in the directors’ report.
Audit Approach
We conducted an independent audit in order to express an opinion to the members of the Company. Our audit was
conducted in accordance with Australian Auditing Standards in order to provide reasonable assurance as to whether the
financial report is free of material misstatement and the remuneration disclosures comply with Accounting Standard
AASB 124 and the Corporations Regulations 2001. The nature of an audit is influenced by factors such as the use of
professional judgement, selective testing, the inherent limitations of internal control, and the availability of persuasive
rather than conclusive evidence. Therefore, an audit cannot guarantee that all material misstatements have been
detected.
We performed procedures to assess whether in all material respects the financial report presents fairly, in accordance
with the Corporations Act 2001, Accounting Standards, and other mandatory financial reporting requirements in
Australia, a view which is consistent with our understanding of the Company’s and the Consolidated Entity’s financial
position, and of their performance as represented by the results of their operations, changes in equity and cash flows.
We also performed procedures to assess whether the remuneration disclosures comply with Accounting Standard
AASB 124 and the Corporations Regulations 2001.
We formed our audit opinion on the basis of these procedures, which included:
• examining, on a test basis, information to provide evidence supporting the amounts and disclosures in the financial
report and remuneration disclosures, and
• assessing the appropriateness of the accounting policies and disclosures used and the reasonableness of significant
accounting estimates made by the directors.
While we considered the effectiveness of management’s internal controls over financial reporting when determining the
nature and extent of our procedures, our audit was not designed to provide assurance on internal controls.
INDEPENDENCE
In conducting our audit, we followed applicable independence requirements of Australian professional ethical
pronouncements and the Corporations Act 2001.
ASHBURTON MINERALS LTD
ABN 99 008 894 442
AND CONTROLLED ENTITIES
54
AUDIT OPINION
In our opinion:
(1) the financial report of Ashburton Minerals Limited is in accordance with:
(a) the Corporations Act 2001, including:
(i) giving a true and fair view of the Company’s and Consolidated Entity’s financial position as at 30
June 2006 and of their performance for the year ended on that date; and
(ii) complying with Accounting Standards in Australia and the Corporations Regulations 2001; and
(b) other mandatory financial reporting requirements in Australia; and
(2) the remuneration disclosures that are contained in pages 6 to 8 of the directors’ report comply with Accounting
Standard AASB 124 and the Corporations Regulations 2001.
NEIL PACE MOORE STEPHENS
PARTNER CHARTERED ACCOUNTANTS
Signed at Perth this 28th day of September 2006.
ASHBURTON MINERALS LTD
ABN 99 008 894 442
AND CONTROLLED ENTITIES
55
CORPORATE GOVERNANCE STATEMENT
FOR THE YEAR ENDED
30 JUNE 2006
This statement outlines the main corporate governance practices in place throughout the financial year, which comply
with the ASX Corporate Governance Council recommendations, unless otherwise stated.
Board of Directors
The Board’s primary role is the protection and enhancement of long-term shareholder value.
To fulfil this role, the Board is responsible for the overall corporate governance of the Consolidated Entity including
formulating its strategic direction, approving and monitoring capital, exploration and operating expenditure, setting
remuneration, appointing and removing directors and senior employees, establishing and monitoring the achievement
of management’s goals and ensuring the integrity of internal control and management information systems. It is also
responsible for approving and monitoring financial and other reporting.
The Board has delegated responsibility for operation and administration of the Company to the Executive Directors and
senior employees.
Identification of Independent Directors
The independent Director of the Company is Mr Rick Crabb. Mr Crabb was a principal of the firm Blakiston & Crabb.
Blakiston & Crabb have been one of the providers of legal services to the Company. Mr Crabb ceased as a principal of
Blakiston & Crabb on 30 June 2004 and now focuses on his public company directorships and investments.
Board Processes
Due to the small size of the board all matters that would be addressed by committees (eg. Nomination committee, audit
committee) are dealt with by the full Board of Directors.
The board has established a framework for the Consolidated Entity including a system of internal control, a business
risk management process and the establishment of appropriate ethical standards.
The full board holds regular meetings to discuss operational matters, plus strategy meetings and any extraordinary
meetings at such other times as may be necessary to address any specific significant matters that may arise.
The agenda for meetings is prepared in conjunction with the chairman, Executive Directors and Company Secretary.
Board reports are circulated in advance.
Independent Professional Advice and Access to Company Information
If a Director considers it necessary to obtain independent professional advice to properly discharge the responsibility of
his/her office as a Director then, provided the Director first obtains approval for incurring such expense from the
chairperson, the Company will pay the reasonable expenses associated with obtaining such advice.
Composition of the Board
The names and profile of each Director of the Company at the date of this report are set out in the Director’s report.
The composition of the board is determined using the following principles:
• The Board should comprise at least three directors. This number may be increased where it is felt that
additional expertise is required in specific areas, or when an outstanding candidate is identified,
ASHBURTON MINERALS LTD
ABN 99 008 894 442
AND CONTROLLED ENTITIES
56
CORPORATE GOVERNANCE STATEMENT
FOR THE YEAR ENDED
30 JUNE 2006
Composition of the Board (cont’d)
• The Board should not comprise a majority of executive directors. Due to the small size of the board it is not
considered necessary that the majority of the board should be independent directors,
• The Board should comprise directors with a broad range of expertise, with a majority of directors having
extensive knowledge of the Company’s industry,
• Directors appointed by the Board are subject to election by shareholders at the following annual general
meeting and thereafter directors (excluding the Managing Director) are subject to re-election at least every
two years.
The composition of the Board is reviewed on an annual basis to ensure that the Board has the appropriate mix of
expertise and experience. When a vacancy exists, through whatever cause, or where it is considered that the Board
would benefit from the services of a new director with particular skills, a panel of candidates is selected with the
appropriate expertise and experience. External advisers may be used to assist in such a process. The Board then
appoints the most suitable candidate who must stand for election at the next general meeting of shareholders.
Director Evaluation
During the Reporting Period an evaluation of the Board and its members was facilitated by the Chairman and carried
out by the full Board in the absence of the relevant Board member.
Remuneration Report
Remuneration policies
The Board is responsible for determining remuneration policies and packages applicable to the Board members and
senior employees of the Company. Remuneration levels are competitively set to attract and retain appropriately
qualified and experienced directors and senior employees. The board remuneration policy is to ensure the
remuneration package properly reflects the person’s duties and responsibilities and level of performance and that
remuneration is competitive in attracting, retaining and motivating people of the highest quality. Where necessary,
independent advice on the appropriateness of remuneration packages is obtained.
Remuneration packages consist of fixed remuneration packages with no equity-based remuneration component. There
is no separate profit-share plan.
Options may be issued to directors as an incentive and in recognition of the fact that the fixed cash component of
remuneration is comparatively modest. The ability to exercise the options is conditional on the holder remaining in the
Company’s employment. There are no other non-cash benefits available to directors or employees.
The Company does not have any schemes for retirement benefits, other than statutory superannuation, for directors.
Directors and Senior Executives Remuneration
Details of the nature and amount of each major element of the remuneration of each director of the Company and the
named officers of the Company receiving the highest remuneration are set out in Note 6.
Options granted to Directors and Officers
During or since the end of the financial year, no options were granted by the Company to directors and officers.
ASHBURTON MINERALS LTD
ABN 99 008 894 442
AND CONTROLLED ENTITIES
57
CORPORATE GOVERNANCE STATEMENT
FOR THE YEAR ENDED
30 JUNE 2006
Unissued shares under option
As at the date of this report, there were 17,632,363 unissued ordinary shares under option. Further information in
respect of these options is set out in the Directors’ Report.
No option holder has any right under the options to participate in any other share issue of the Company or of any other
Entity.
Share Issued upon Exercise of Options
No options were exercised during or since the end of the financial year.
Audit Committee Meetings
During the Reporting Period, the full Board considered those matters that would otherwise be considered by an audit
committee on the following dates:
- 24 September 2005
- 16 March 2006
Risk Management
Oversight of the Risk Management System
The Board overseas the establishment, implementation, and annual review of the Company’s Risk Management
System. Management has established and implemented the Risk Management System for assessing, monitoring and
managing operational, financial reporting and compliance risks for the Consolidated Entity. Financial reporting risk
management and associated compliance and controls have been assessed and found to be operating adequately. The
operational and other compliance risk management have also been assessed and found to be operating efficiently and
effectively. All risk assessments covered the whole financial year and the period up to the signing of the financial report
for all material operations in the Consolidated Entity.
Risk Profile
The Executive Directors report to the Board regularly on the status of risks, ensuring that they are identified, assessed
and appropriately managed.
Major risks arise from such matters as political risk, exploration risk, security to tenure, environment, government policy
changes, commodity prices, occupational health and safety and financial reporting.
Procedures have been established to ensure:
• The political situation in Brazil is closely monitored,
• Exploration expenditure is incurred in accordance with an approved budget,
• Joint ventures and project acquisitions are properly authorised and executed,
• The quality and integrity of personnel,
• Financial reporting accuracy and compliance with the financial reporting regulatory framework,
• Environmental regulation compliance.
ASHBURTON MINERALS LTD
ABN 99 008 894 442
AND CONTROLLED ENTITIES
58
CORPORATE GOVERNANCE STATEMENT
FOR THE YEAR ENDED
30 JUNE 2006
Quality and Integrity of Personnel
Formal appraisals are conducted at least annually for all employees. Training and development and appropriate
remuneration and incentives with regular performance reviews create an environment of co-operation and constructive
dialogue with employees.
Financial Reporting
The Executive Directors have declared in writing to the Board that the Company’s financial reports are founded on a
sound system of risk management and internal compliance and control which implements the policies adopted by the
Board.
Environmental Regulation
The Consolidated Entity holds exploration interests in Brazil and Australia. The Consolidated Entity’s operations are
subject to environmental regulations in Brazil and Australia in relation to its exploration activities.
The Consolidated Entity is committed to achieving a high standard of environmental performance. The Executive
Directors are responsible for the regular monitoring of environmental exposures and compliance with environmental
regulations. As part of this process they are responsible for:
• Implementing environmental management plans in operating areas which may have a significant
environmental impact,
• Identifying where remedial actions are required and implementing action plans.
The Board is advised of any significant environmental issues as they occur. Based upon the work completed, the board
is not aware of any significant breaches of environmental requirements during the period covered by this report.
Ethical Standards
The Board acknowledges the need for continued maintenance of the highest standards of corporate governance
practice and ethical conduct by all Directors and employees of the Consolidated Entity. A fundamental theme of the
Consolidated Entity’s code of ethics is that all business affairs are conducted legally, ethically and with the strict of the
highest standards of integrity and propriety. The Directors and management have the responsibility to carry out their
functions with a view to maximising financial performance of the Consolidated Entity.
All Directors and employees are expected to act with the utmost integrity and objectivity, striving at all times to enhance
the reputation and performance of the Consolidated Entity.
Conflict of Interest
Directors must keep the board advised, on an ongoing basis, of any interest that could potentially conflict with those of
the Company. Where the Board believes that a significant conflict exists for a Director on a Board matter, the Director
concerned does not receive the relevant Board papers and is not present at the meeting whist the item is considered.
Details of director related entity transactions with the Company and the Consolidated Entity are set out in note 27.
ASHBURTON MINERALS LTD
ABN 99 008 894 442
AND CONTROLLED ENTITIES
59
CORPORATE GOVERNANCE STATEMENT
FOR THE YEAR ENDED
30 JUNE 2006
Trading in General Company Securities by Directors and Employees
The Policy on trading in Company securities by directors and employees is that directors and employees are prohibited
from dealing in company shares or exercising options whilst in possession of price sensitive information not yet
released to the market.
Communication with Shareholders
The Board provides shareholders with information using a comprehensive continuous disclosure policy which includes
identifying matters that may have a material effect on the price of the Company’s securities, notifying them to ASX,
posting them on the Company’s website and issuing media releases.
In summary, the continuous disclosure policy operates as follows:
• The Executive Directors and the Company Secretary are responsible for interpreting the Company’s policy
and where necessary informing the Board. The Company Secretary is responsible for all communications
with the ASX,
• The full annual financial report is distributed to all shareholders,
• The half-yearly report contains summarised financial information and a review of the operations of the
Consolidated Entity during the period. The half-year reviewed financial report is lodged with the Australian
Securities and Investments Commission and the ASX, and sent to any shareholder who requests it,
• Quarterly reports contain summarised financial information and a review of the operations of the
Consolidated Entity during the period. The quarterly reports are lodged with the ASX, and sent to any
shareholder who requests it,
• Proposed major changes in the Consolidated Entity which may impact on share ownership rights are
submitted to a vote of shareholders,
• All announcements made to the market are placed on the Company’s website after they are released to the
ASX,
• The full texts of notices of meetings and associated explanatory material are placed on the Company’s
website,
• The external auditor is requested to attend the annual general meeting to answer any questions concerning
the audit and the content of the auditor’s report.
All the above information is made available on the Company’s website within three days of public release and is
emailed to all shareholders who lodge their email contact details with the Company. Information on lodging email
addresses with the Company are available on the Company’s website.
The Board encourages full participation of shareholders at the Annual General Meeting, to ensure a high level of
accountability and identification with the Consolidated Entity’s strategy and goals. Important issues are presented to
the shareholders as single resolutions.
A copy of the Constitution is available to any shareholder who requests it.
===============================================================

[saarwebweb]

Antwort auf Beitrag Nr.: 24.341.076 von Gelfling am 02.10.06 13:05:03

[saarwebweb]

Antwort auf Beitrag Nr.: 24.341.076 von Gelfling am 02.10.06 13:05:03

Hallo Gelfling,

vielen Dank, für Deine Information.

Leider ist mein Englisch nicht so gut, dass ich da etwas
herauslesen kann.

Ist die Info gut oder schlecht???

Ich wünsche allen eine schöne Woche!!!

Sweb

[puravida2006]

Antwort auf Beitrag Nr.: 24.337.680 von Gelfling am 02.10.06 09:55:36

bin schon drinnn !!!!!!!!!!!!!
danke
spaeter sagen wir!!!ja ist denn schon weihnachten

[puravida2006]

Antwort auf Beitrag Nr.: 24.342.535 von saarwebweb am 02.10.06 14:32:43

tiefer wirds wohl nicht mehr.ich sag mal kaufen.
abwarten und tee trinken.
viel spassssssss

[Gelfling]

Antwort auf Beitrag Nr.: 24.370.212 von puravida2006 am 03.10.06 07:34:11

Guten Tag puravida 2006
muss erst noch in Ruhe den Bericht durchgehen.
Jedenfalls ist eines klar.
ASHBURTON ist keine "KLITSCHE"!
Die Gebiete in Brasilien, die Projekte sind gut vorbereitet und ausgewählt.
Auch die Zusammenarbeit dort scheint sehr gut.
Gute Kontakte zu den (Genehmigungs)-Behörden sind gut und einvernehmlich.

Momentan fehlen "nur" noch die LAVRINHA-Ergebnisse.
Denke, auf die warten hier alle.
Ansonsten bin ich Deiner Meinung: Es sind Kaufkurse.
In Australien alles unverändert.
Lasst Euch nicht von den -11,3% Stuttgart bei 0 Vol verunsichern.
Aber das wisst Ihr ja.
Warte auf den Tag, wo sich noch viele andere USER hier täglich
melden und austauschen.

Wünsche Euch einen schönen Tag.
GELFLING

[bimi66]

Antwort auf Beitrag Nr.: 24.373.857 von Gelfling am 03.10.06 12:10:23

Hallo Gelfling sehr umfangreicher Bericht,denke das Du als Ashleader hier weiterhin mit Infos und News bestens versorgen wirst.Habe leider sehr wenig Zeit zuviel Arbeit,werde bei good News nochmals nachlegen und wünsche uns allen hier viel erfolg,schönen Feiertag gruss bimi66.

[Gelfling]

Antwort auf Beitrag Nr.: 24.377.120 von bimi66 am 03.10.06 14:50:09

So, da bin ich nochmals.
Welch schöner Herbsttag heute.
ZU ASHBURTON: Wer von diesem Wert nicht überzeugt ist, sollte
seine Anteile möglichst schnellstens verkaufen (meine Meinung).

Bleibe am Ball und melde mich natürlich.....morgen wieder.
Ich bleibe dabei: ASHBURTON-MINERALS ist auf einem richtig guten Weg.

Gruß
GELFLING

[Gelfling]

Auf Grund technischer Probleme kann ich den Inhalt aus der
Homepage ASHBURTON hier nicht einfügen.
Deshalb: Bitte selber nachschauen unter:

ASX Announcements
December 2006 Quarter

3 Oct 06
Aegis Equities Review October 2006 ATN

Gruß
GELFLING

[aGoodFriend1]

Antwort auf Beitrag Nr.: 24.390.553 von Gelfling am 04.10.06 00:08:42

@Gelfling,

hier ist der Link zu deinem Announcement...war gar nicht so leicht zu finden...

http://www.ashburton-minerals.com.au/images/ashburton---veec…

LG
aGoodFriend1

[Gelfling]

Antwort auf Beitrag Nr.: 24.390.790 von aGoodFriend1 am 04.10.06 01:13:29

Vielen Dank
somit sind wir wieder aktuell.
Jetzt noch die Ergebnisse oder andere anstehende gute NEWS.
Alles wird gut.
GELFLING

[Gelfling]

Antwort auf Beitrag Nr.: 24.370.142 von puravida2006 am 03.10.06 07:31:16

Könnte schneller kommen als gedacht.
Bei ALDI gibts ja nun auch schon die ersten Weihnachtssachen.
Die sind auch der Zeit "etwas" voraus.
So sollte es auch an der Börse sein bzw. so ist es an der Börse...............

Was er da wohl für Geschenke hat- und ob die vielleicht auch noch für uns hier sind......
------------------------------------------------------------------------------------------------------------------------------------
Wünsche Euch einen schönen Tag.
GELFLING

[Gelfling]

Aus einem anderen THREAD, wo es natürlich, wie auch hier, Zweifler gibt.

Sein letzter Satz war:
"Angst ist nur dort wo Glück verloren ist

Mein Satz ist:
....und Glück ist dort, wo Vertrauen vorhanden ist.


Nicht zu vergessen:
ASHBURTON in Australien unverändert.
GELFLING

[saarwebweb]

Antwort auf Beitrag Nr.: 24.392.225 von Gelfling am 04.10.06 09:33:32

Hallo Gelfling,

die Sprüche lesen sich ja sehr gut,

nur - wie sagte ein bekannter User aus einem anderen Thread:

man will mit einer Aktie auch mal Geld verdienen,
und nicht nur sponsorn!!!

Euch Allen einen schönen Tag!

Sweb

[Gelfling]

Antwort auf Beitrag Nr.: 24.399.050 von saarwebweb am 04.10.06 15:30:51

Was bist Du denn für ein Vogel.
Du wirst mir immer sympatischer.
Ehrlich gemeint.

ASHBURTON sagte gestern Nacht, dass LAVRINHA Finale ist.

Ist nicht von mir und auch nicht gepusht, gepunscht o.ä.
Das Ganze auch ohne Glaskugel.
Im Ernst: Es kann nun wirklich nicht mehr dauern.=gäääähhhhnnn=
Ich hatte das auch im entsprechenden Schreiben (wieder Mal)
ASHBURTON mitgeteilt.
Ich denke mittlerweile, die werden die Daten jetzt möglichst zeitnah bringen. Ich glaube, die fühlen sich irgendwie genervt.
Dabei bin ich es ja, der langsam genervt sein darf-Ihr natürlich auch.
Bin sehr zuversichtlich

[sid71]

hallo
habe ashburton mineral bei ca. 0,19 gekauft
und heute sind wir bei 0,027 das tut weh.
ich hoffe es geht in den nächsten 5 jahren wieder mal
in die andere Richtung werde sicher nicht verkaufen
danke für die infos
und hoffe der kurs erholt sich wieder

mfg sid71

[saarwebweb]

Antwort auf Beitrag Nr.: 24.402.322 von Gelfling am 04.10.06 17:37:03

Hallo, der "Vogel" möchte auch mal etwas Positives
äüßern: Seit vergangener Woche sind ca. 120 Besucher je Tag
mehr in diesem Tread gewesen.

Woher mag es wohl kommen???

Man müsste einfach mehr auf diese Aktie aufmerksam machen
können, dann ginge es auch sicher mit dem "Geldverdienen"

Andere Pennystocks leben ja auch oft nur von der Hoffnung.

Bis demnächst

Sweb

[saarwebweb]

Antwort auf Beitrag Nr.: 24.404.433 von saarwebweb am 04.10.06 19:05:55

PS: Wenn jeder der 200 Mitleser hier fleißig mitposten
würden, kämen wir eventuell unter die 50 Meist-Diskutierten,
das wäre doch schon mal ein Anfang!!!

[Gelfling]

Antwort auf Beitrag Nr.: 24.403.599 von sid71 am 04.10.06 18:30:21

Hallo
schön, dass Du Dich auch meldest.
Hoffe sehr, dass es langsam hier mehr werden.
Nicht schön war Dein Einstandskurs bzw. ist der momentane Kurs.
Ich kann Dir zwar nicht helfen, aber ich denke, das wird ASHBURTON schon wieder geradeziehen.
Ich weiß, so etwas lässt sich einfach schreiben- aber warten wir´s ab-was ASHBURTON uns für unser Geld geben wird.
Wäre auch gut, wenn sich viele weitere "Altaktionäre" hier Mal melden.

[Gelfling]

Antwort auf Beitrag Nr.: 24.404.433 von saarwebweb am 04.10.06 19:05:55

Wenn es noch mehr Besucher werden, müssen wir wohl noch anbauen.
Ich freue mich mit Euch.
Das mit den Top-50 ist nicht so wichtig momentan.
Wichtig ist, dass gute Ergebnisse kommen, damit die hiesigen
Leser zunächst überlegen können, ob sie investieren.
Die Haie kommen von ganz alleine-darüber brachst Du Dir keine Gedanken zu machen.

Du schreibst:
Andere Pennystocks leben ja auch oft nur von der Hoffnung.

Viele heißen eigentlich nicht Pennystocks, sondern PSYCHOSTOCKS-
das wäre eher zutreffend- Ausnahme u.a. natürlich A................
Da hoffe ich, dass es nicht bei Hoffnung bleiben wird.
Trotzdem müssen hier erst die Ergebnisse vorliegen. Dann sehen wir weiter (meine Meinung).
Gruß
GELFLING

[Gelfling]

Derzeitiger Kurs in Australien:

Kurs:............0,045AUD....(0,027€)

Gehandelt:.............................................000.000 Aktien

BID:...............0,045AUD....(0,027€).....240.000 Aktien
ASK:..............0,050AUD....(0,030€)......108.201 Aktien

Bemerkung:
Drüben alles weiterhin unverändert.

[sid71]

Antwort auf Beitrag Nr.: 24.405.839 von Gelfling am 04.10.06 19:53:05

hallo
ist nicht so tragisch mein Verlust habe ihn mit einem nikki call
vor 2 jahren 4 fach ausgeglichen ist auch ok.
auserdem hab ich Zeit da meine investments immer auf 5 - 10 jahre
rechne.
danke für deine beiträge

[Gelfling]

Antwort auf Beitrag Nr.: 24.414.641 von sid71 am 05.10.06 09:44:49

Hallo
nicht so tragisch, mag sein, aber ärgerlich allemal.
Ich bin hier und bei einem weiteren Explorer auch längerfristig bzw. langfristig investiert.
Das ist ja auch vollkommen o.k..
Jetzt kommt`s wieder:
Nur hier müssen trotzdem die Ergebnisse kommen.
Melde mich wieder
Liebe Grüße
GELFLING

[Gelfling]

Guten Morgen
Gibt nichts Neues.
Auch in Australien alles unverändert s.o.
Scheint so, als würden sie auf irgend etwas dort warten.

[Gelfling]

Guten Tag

Derzeitiger Kurs in Australien:

Kurs:............0,045AUD....(0,027€)

Gehandelt:...............................................6.501 Aktien

BID:...............0,045AUD....(0,027€).....233.499 Aktien
ASK:..............0,050AUD....(0,030€)........8.201 Aktien
Bemerkung:
Leider habe ich nichts zu berichten.
Warte auf erneute Antwort seitens ASHBURTON-MINERALS.
Habe gestern Nacht (wieder) eine e-mail verschickt.
Schaut Euch o.a. Kursverhalten an.
Die Ergebnisse müssen kommen.............
GELFLING

[Gelfling]

Hallo ASHBURTONS
auch heute gibt es keine LAVRINHA - Ergebnisse.
Ich habe nochmals an ASHBURTON -MINERALS geschrieben.
Mehr kann ich momentan nicht machen.
Solange es keine NEWS gibt, werde ich auch keine weiteren Aktien kaufen.
Ich warte erst Mal noch ab, bevor ich aussteige.
Ohne die angekündigten Ergebnisse bislang zu bringen - da leistet sich ASHBURTON einen Bärendienst und verliert an Glaubwürdigkeit (jedenfalls bei mir).
Das habe ich auch u.a. an ASHBURTON geschrieben.
Melde mich schon Mal ins Wochenende ab.
Sollte ich etwas aktuelles erhalten, lasse ich es hier reinstellen.
Gruß
GELFLING

[saarwebweb]

Antwort auf Beitrag Nr.: 24.529.024 von Gelfling am 10.10.06 08:50:42

Hallo Gelfling,

vielen Dank für die Mühe, die Du Dir machst, um Informationen
zu bekommen.Leider traue ich der Firma nicht mehr. Ein User
aus unserem Thread hat vor ca.2 Monaten gepostet, dass das
Kapital nur noch für 3 Monate reicht. Die müssten bald um
sein. Da man nichts hört und nichts passiert, bin ich vor-
sichtshalber -mit 25 % Verlust- raus, einen Totalverlust
will ich nicht riskieren. Auch konnte man aufgrund der geringen
Stückzahlen nicht immer verkaufen.

Ich werde Ashburton aber im Auge behalten, falls wirklich was
Positives kommt, ist es egal zu welchem Kurs man dann noch
mal einsteigt.

DIR und Allen hier eine schöne Zeit
wünscht von Herzen
Sweb

[sid71]

Antwort auf Beitrag Nr.: 24.529.024 von Gelfling am 10.10.06 08:50:42

hallo
bleibe bis zum aufschwung oder bitteren ende investiert
bei meinem einstiegskurs von -,19 ist es schon egal
vieleicht wirds doch noch was
habe vertrauen
grüsse

[wumm11]

Antwort auf Beitrag Nr.: 24.545.492 von sid71 am 10.10.06 21:22:40

hallo,

ich bin bei 0,075 eingestiegen und bleibe auch investiert.

hop oder top

bin mir sicher,das wir für unsere hartnäckigkeit(was das warten anbelangt) belohnt werden.

gruss

wumm11

[gordonshoumway]

ach du scheiße 0,19 und ich hab gedacht ich wär mit meinen 0,065 schlecht drann!!!

naja wie geli immer sagt - achburton auf einem richtig guten weg - hoffendlich!!!!

der gordon

[sid71]

so ist das leben halt ist wie eine schachtel pralinen
man weis nie was man kriegt.

[aGoodFriend1]

Antwort auf Beitrag Nr.: 24.534.428 von saarwebweb am 10.10.06 14:03:43

Hi saatwebweb,

spielst du auf mein Posting mit den 3 Monaten an? Das wäre dann nicht ganz richtig...Ashburton hat für 3 Quartale(9 Monate) genügend Cash...falls die Mittelabflüsse konstant bleiben...da mein Posting eine Wochen her ist...sollte Ashburton noch 7-8 Monate Cash haben...

Aber schau dir mal den Jahresbericht an...dort wird sichtbar, das beiAshburton alle 2 Jahre eine private Einzahlung von 2 Mio. Aus-$ getätigt wird...so war es jedenfalls 2003 und 2005...kommen diese Einzahlungen auch 2007

Ich weiß das alles hier sehr spekulativ ist...aber warum machen sie sich jetzt noch die Mühe die Website ins deutsche zu übersetzen?

Ich will hier nicht puschen oder bashen...ich bin auch nicht investiert...zurzeit steht der Wert auf meiner Watchlist...da bei positiven News hier ein großer Hebel vorhanden ist...bloß wann kommen die?

Allen investierten noch viel Glück...

Liebe Grüße
aGoodFriend1

[Gelfling]

Hallo aGoodFriend1 und ASHBURTONS
warst Mal wieder schneller als ich mit dem Posten.



So, WE fast vorbei; nun wieder zu ASHBURTON-MINERALS.
Es ist schon sehr aufreibend-nicht nur für Euch-.
Ja, ich habe Antwort erhalten.
Bezüglich den immer noch ausstehenden Ergebnissen wird lediglich auf diese Woche verwiesen.
ASHBURTON ist sich demnach auch sehr wohl seiner Verantwortung gegenüber seinen
Aktionären bewusst.

Ich werde hier jetzt nicht näher darauf eingehen, was die angekündigte
Bekanntgabe der Ergebnisse betrifft; denn das hatten wir bereits.

Schaut Euch nochmals in Ruhe die Homepage mit den Projekten an.
(Lage, Situation, Umfeld, Vorkommen u.s.w.)

A u s z u g Projekte ASHBURTON-MINERALS // Homepage //
Ashburton Minerals Ltd (Ashburton oder das Unternehmen) hat Brasilien als Quelle ausgezeichneter Möglichkeiten zur Sicherung moderner Goldprojekte in einem zu wenig erforschten, ressourcenreichen Land mit guter Infrastruktur und einem geringen staatlich verbürgtem Risiko identifiziert. Das Unternehmen hat damit begonnen, in diesem Land eine maßgebliche Präsenz aufzubauen, und zwar hauptsächlich in den Bundesstaaten von Mato Grosso und Goias.
Ashburton hat die meisten seiner australischen Anlagen abgestoßen, um sich auf Brasilien zu konzentrieren.

Das Unternehmen behält mehrere Explorationsanlagen in Westaustralien zurück, die konzeptionelle Ziele möglicher Schürfgebiete für Gold und unedle Metalle darstellen.

Ashburton hat die 50%ige Akquisition der Bohrfirma Transdrill abgeschlossen und der sich daraus ergebende Nutzen ist bereits erkennbar, da Explorationsbohrungen in Brasilien nur selten angeboten werden.

Ashburton ist kürzlich zwei neue Geschäftsverbindungen in Brasilien eingegangen, und zwar mit Geomin Geologia e Mineração Ltda und der AIM-notierten Minmet plc, die Ashburtons Fähigkeit widerspiegeln, seinen Partnern vor Ort einzigartige Fertigkeiten und begehrtes Fachwissen zu bieten.
-----------------------------------

Ich bin (falls es interessiert) hier, weil ich von diesem Explorer nach wiederholten Abwägungen weiterhin überzeugt bin.
Deshalb habe ich neben einem Anderen in diesen investiert.
Der "Andere" hat greifbare und entsprechende Ergebnisse, gerade in
den letzten Tagen wieder vorgelegt.
Vorher war dort auch eine stark zunehmende Unsicherheit vorhanden,
insbesondere durch die "versteckten" BASHER.

Zurück zu ASHBURTON: Anhand der Bekanntgabe von Ergebnissen werden wir meiner Meinung nach erst dann zu einer ersten richtigen Beurteilung/Einschätzung kommen können.
Alles Andere wäre vermessen -negativ wie auch positiv-.


@saarwebweb
Vertrauen - auch das habe ich in meinem letzten Schreiben an ASHBURTON deutlichst angesprochen.

@gordonshoumway
Maßgeblich sind für mich Frankfurt und München.

ASHBURTON-MINERALS: Auf einem sehr guten und richtigen Weg!!!


@sid71
stimmt-alles eine Vertrauenssache hier.
Schau Dir bitte neben den Kursen auch BID/ASK an.

Ich wünsche Allen viel Freude mit "unserer" ASHBURTON-MINERALS.

[Gelfling]

Derzeitiger Kurs in Australien:

Kurs:...............0,045AUD....(0,027€)

Gehandelt:............................................110.000 Aktien

BID:...............0,045AUD....(0,027€)......40.000 Aktien
ASK:.............0,050AUD....(0,030€).........8.201 Aktien

Bemerkung>
wait and see.

[saarwebweb]

Antwort auf Beitrag Nr.: 24.645.664 von aGoodFriend1 am 15.10.06 23:18:07

Hallo aGoodFriend1,

da habe ich wohl Dein Posting nicht richtig gelesen. Danke für
die Information. Trotdem müsste ja langsam mal etwas kommen.
Mit der Homepage dauert es ja auch noch.

Ich war seit April investiert. Wenn Gelfling nicht wäre, hätte
ich schon lange vorher verkauft.

Jetzt habe ich sie auch auf der Watchliste.

Drücken wir mal die Daumen, dass auch hier mal geht (siehe GLif,
bin leider nicht dabei)

viele Grüße
Sweb

[Gelfling]

Guten Morgen
Derzeitiger Kurs in Australien:

Kurs:...............0,053AUD....(0,032€)

Gehandelt:............................................132.201 Aktien

BID:...............0,053AUD....(0,032€).......1.000 Aktien
ASK:.............0,057AUD....(0,034€)........75.000 Aktien

Bemerkung>
wait and see.

[Dersisco]

Antwort auf Beitrag Nr.: 24.670.709 von Gelfling am 17.10.06 08:29:03

So ist das Leben.In Australien wird für 0,032 Euro gehandelt und in Deutschland versuchen Verzweifelte für 0,028 zu verkaufen.Aber selbst das gelingt nicht.Unglaublich! Hätte es vor 1 Jahr umgekehrt nur umgekehrt gegeben.
Gruß

[Dersisco]

Antwort auf Beitrag Nr.: 24.672.019 von Dersisco am 17.10.06 09:42:31

Wenigstens die 0,028 hat einer gefressen.Der nächste Irre liegt schon bei 0,03 auf der Lauer! Gold ist fast bei 600,es stehen news an und Ash ist total ausgebombt.Aber evtl. ein gutes Zeichen,wenn in Deutschland deutlich unter Parität gehandelt wird
Gruß

[Gelfling]

Guten Morgen
Derzeitiger Kurs in Australien:

Kurs:...............0,051AUD....(0,031€)

Gehandelt:............................................350.000 Aktien

BID:..............0,051AUD....(0,031€)........11.000 Aktien
ASK:.............0,057AUD....(0,034€)........75.000 Aktien

Bemerkung>
Dersisco
wait and see

[Dersisco]

Antwort auf Beitrag Nr.: 24.694.379 von Gelfling am 18.10.06 08:31:12

So gefällts mir gut!350000 Umsatz in Australien und hier ist tiefer Abgabebereitschaft für 150t.Die Jungs in Aus wissen in 100 der Fälle mehr als der dt. Lemming.Somit ein gutes Zeichen.Wenn Deutschland wieder über Parität handel werde ich verkaufen.Das wird aber wohl erst ab 0,05 euro sein.
Gruß

[Gelfling]

Guten Morgen
Derzeitiger Kurs in Australien:

Kurs:...............0,051AUD....(0,031€)

Gehandelt:............................................000.000 Aktien

BID:..............0,051AUD....(0,031€)........11.000 Aktien
ASK:.............0,057AUD....(0,034€)........35.000 Aktien

Bemerkung>
Dersisco
wait and see

[Gelfling]

Guten Morgen
Derzeitiger Kurs in Australien:

Kurs:...............0,050AUD....(0,030€)

Gehandelt:.............................................27.799 Aktien

BID:...............0,045AUD....(0,027€).......40.000 Aktien
ASK:.............0,050AUD....(0,030€).........3.535 Aktien

Bemerkung>
Ergebnisse lassen auf sich warten.
wünsche Euch ein schönes Wochenende.
Warte erneut auf Antwort von Ashburton-Minerals.
Wait and see.....
GELFLING

[Gelfling]

Guten Morgen
Derzeitiger Kurs in Australien:

Kurs:...............0,050AUD....(0,030€)

Gehandelt:..........................................00000.000 Aktien

BID:...............0,045AUD....(0,027€)........40.000 Aktien
ASK:.............0,050AUD....(0,030€)........73.535 Aktien

Bemerkung:
Ashburton - Strong buy!! B U T - W H Y ? ?

Wünsche uns eine Woche möglichst ohne Sorgen.
ASHBURTON tut alles bzw. unternimmt nichts, um den Kurs gerechtfertigt
in Gang zu bringen.
Ich weiß nicht, was die gerade machen.
Scheinbar viel, ohne sich um ASHBURTON-MINERALS zu kümmern!?

Zumindest befindet sich dort der Kurs auf 0,050 AUD.
Wäre Mal was Gutes, wenn wir hier die 0,030€ insgesamt bekommen bzw. auch halten.

[Gelfling]

!

Dieser Beitrag wurde vom System automatisch gesperrt. Bei Fragen wenden Sie sich bitte an [e-mail]

[Gelfling]

!

Dieser Beitrag wurde vom System automatisch gesperrt. Bei Fragen wenden Sie sich bitte an [e-mail]

[gordonshoumway]

Antwort auf Beitrag Nr.: 24.793.854 von Gelfling am 23.10.06 08:17:44

na leute schon am verzweifeln??!!!!

also ich bin am überlegen ob ich nicht noch en paar stück kaufe,hobby´s kosten nunmal geld und das risiko gefällt mir!!!!

der gordon

[Gelfling]

Antwort auf Beitrag Nr.: 24.796.591 von gordonshoumway am 23.10.06 12:22:02

Verzweifeln, nein.
Aber.............................stinkesauer!!!!!!!!!!!!!!!
ASHBURTON soll endlich die Resultate bringen.
letzte Post stand u.a., dass sie mit dem annual report beschäftigt waren.
Die "Reparatur" der Homepage, die Ergebnisse und auch NEWS
werden in shortly kommen.
Komme mir wie in einem 300-Meter-Lauf mit dem dritten Fehlstart vor.
DAS nervt mich gewaltig- so, jetzt geht`s mir besser.

[sid71]

immer warten warten warten
hop oder top
wird sicher besser
mfg sid71

[Gelfling]

Guten Morgen
Derzeitiger Kurs in Australien:

Kurs:...............0,050AUD....(0,030€)

Gehandelt:..........................................00000.000 Aktien

BID:...............0,045AUD....(0,027€)........40.000 Aktien
ASK:.............0,050AUD....(0,030€)........73.535 Aktien


Bemerkung:
Zumindest befindet sich dort der Kurs weiterhin auf 0,050 AUD.
Stabilisierung hier - zunächst die 0,030€ wäre schon Mal schön.
Bringt hier auch Mal Ruhe.
Ansonsten:
Noch keine Ergebnisse / News.
Bleibe am Ball.
Bis (spätestens) morgen.
GELFLING

[Gelfling]

Guten Morgen
Australien unverändert
00,50AUD.

Bemerkung:
Stabilisierung dort auf 00,50 AUD,
das entspricht hier die 00,30EUR.

Ist schon Mal gut.

[Gelfling]

Guten Morgen

Australien unverändert
00,50AUD.

Bemerkung:
Stabilisierung dort auf 00,50 AUD,
das entspricht hier die 00,30EUR.
Ist schon Mal besser.
Warten, warten, warten.............

[sid71]

hallo
danke mal wieder für die infos GElFlING

Da ich schon mal 6 Monate in Australien arbeiten war
bin ich mir sicher es wird wieder besser.

an alle Ashburton

schöne grüsse
und viele

[Gelfling]

Antwort auf Beitrag Nr.: 24.871.369 von sid71 am 26.10.06 17:57:50

Denke auch "arbeitsmäßig": Das sind nicht die Schnellsten.

[Gelfling]

Guten Tag ASHBURTONS
Sonne scheint, ich habe verschlafen.

Derzeitiger Kurs in Australien:

Kurs:...............0,048AUD....(0,029€)

Gehandelt:.........................................33.334 Aktien

BID:...............0,048AUD....(0,029€).......216.666 Aktien
ASK:.............0,050AUD....(0,030€)........62.035 Aktien


Bemerkung:
Wenn da Mal nicht einer von hier den Kurs drüben auf 0,048
"gedrückt" hat und hält.
Stabilisierung hier - zunächst die 0,030€ wäre schon Mal schön
und würde hier Ruhe vor dem WE bringen.

Ansonsten:
Noch keine Ergebnisse / News.
Bleibe am Ball.
Wait and see.
Wünsche Euch ein sonniges Wochenende.
Genießt das Wetter und legt Eure Aktien an die Seite......
Liebe Grüße
GELFLING

[Gelfling]

Guten Abend und Hallo
solange die deutsche Seite nicht einwandfrei funktioniert,
stelle ich auch u.a. die REPORTS hier rein:
=============================================================



26 October 2006
The Manager
Company Announcements Office
Australian Stock Exchange Limited
20 Bond Street
SYDNEY NSW 2000
Via Electronic Lodgement
ASHBURTON MINERALS LTD
(“Ashburton” or “the Company”)
FINANCIAL REPORT
Please find attached the Company’s Annual Report and Notice of Meeting.
Yours faithfully
Kim Massey
Company Secretary
For further information, please contact:
Ashburton Minerals Ltd
T: [phone]
F: [phone]
E: [e-mail]
A S H B U R TO N ASHBURTON MINERALS LTD
NOTICE OF ANNUAL GENERAL MEETING AND
EXPLANATORY MEMORANDUM
For the Annual General Meeting of the Company to be held on
24 November 2006 at 9am at
The Constitutional Centre, Cnr Havelock St & Parliament Place, West Perth WA 6005
This is an important document. Please read it carefully.
If you are unable to attend the Annual General Meeting, please complete the form of proxy
enclosed and return it in accordance with the instructions set out on that form.
ABN 99 008 894 442
Venue
The Annual General Meeting of the shareholders of Ashburton Minerals Ltd will be held at:
The Constitutional Centre Commencing
Cnr Havelock St & Parliament Place 9am
West Perth WA 6005 on 24 November 2006
How to Vote
You may vote by attending the meeting in person, by proxy or authorised representative.
Voting in Person
To vote in person, attend the meeting on the date and at the place set out above. The meeting will commence at
9am.
Voting by Proxy
To vote by proxy, please complete and sign the proxy form enclosed with this Explanatory Memorandum as soon as
possible and either:
send the proxy form by facsimile to the Company on facsimile number [phone] (International: + 61 8 9266
0301); or
deliver the proxy form to the Company’s registered office at Level 2, 35-37 Havelock St, West Perth, Western
Australia 6005.
so that it is received not later than 9am on 22 November 2006. Proxy forms received later than this time will be
invalid.
Your proxy form is enclosed.
•
•
•
TIME AND PLACE OF MEETING AND HOW TO VOTE
Notice is given that the Annual General Meeting of shareholders of Ashburton Minerals Ltd (Company) will be held at
9am on 24 November 2006 at The Constitutional Centre, Cnr Havelock St & Parliament Place, West Perth, WA 6005.
Terms of abbreviations used in this Notice and Explanatory Memorandum are defined in the glossary to this
document.
The Explanatory Memorandum which accompanies and forms part of this Notice describes the matters to be considered
at the Annual General Meeting.
AGENDA
Adoption of the Annual Financial Report
To receive the Annual Financial Report, including Directors’ declaration and accompanying reports of the Directors and
auditors for the financial year ending 30 June 2006.
Resolution 1 – Adoption of Remuneration Report
To consider and, if thought fit, to pass, with or without amendment, the following resolution as an ordinary
resolution:
“That, for the purposes of Section 250R(2) of the Corporations Act and for all other purposes, approval is given to the
adoption of the Remuneration Report as contained in the Annual Financial Report for the year ended 30 June 2006.”
Short Explanation: The vote on this resolution is advisory only and does not bind the Directors or the Company.
Resolution 2 – Re-Election of Mr Rick Crabb as a Director
To consider and, if thought fit, to pass, with or without amendment, the following resolution as an ordinary
resolution:
“That Mr Rick Crabb, who retires as a Director in accordance with clause 13.2 of the Constitution and, being eligible,
offers himself for re-election, be re-elected as a Director .”
Resolution 3 – Ratification of Share Issue
To consider and, if thought fit, to pass, with or without amendment, the following resolution as an ordinary
resolution:
“That, for the purposes of Listing Rule 7.4 of the ASX Listing Rules and for all other purposes, the Company ratifies the
allotment and issue of 639,625 Shares on the terms and conditions set out in the Explanatory Memorandum.”
Voting Exclusion: The Company will disregard any votes cast on this resolution by persons who participated in the
issue and any associate of those persons. However, the Company need not disregard a vote if:
it is cast by a person as a proxy for a person who is entitled to vote, in accordance with the directions on the
proxy form; or
it is cast by the person chairing the meeting as proxy for a person who is entitled to vote, in accordance with a
direction on the proxy form to vote as the proxy decides.
Resolution 4 – Ratification of Issue of Shares and Options under the Heads of Agreement signed with Minmet
plc
To consider and, if thought fit, to pass, with or without amendment, the following resolution as an ordinary
resolution:
“That, for the purposes of Listing Rule 7.4 of the ASX Listing Rules and for all other purposes, the Company ratifies the
allotment and issue of 1,609,332 Shares and 500,000 Options under the Heads of Agreement signed with Minmet plc
on the terms and conditions set out in the Explanatory Memorandum.”
Voting Exclusion: The Company will disregard any votes cast on this resolution by persons who participated in the
issue and any associate of those persons. However, the Company need not disregard a vote if:
it is cast by a person as a proxy for a person who is entitled to vote, in accordance with the directions on the
proxy form; or
it is cast by the person chairing the meeting as proxy for a person who is entitled to vote, in accordance with a
direction on the proxy form to vote as the proxy decides.
•
•
•
•
ASHBURTON MINERALS LTD ABN 008 894 442 NOTICE OF GENERAL MEETING
Resolution 5 – Employee Share Option Plan
To consider and, if thought fit, to pass, with or without amendment, the following resolution as an ordinary
resolution:
“That, for the purpose of Listing Rule 7.2, Exception 9 of the Listing Rules and for all other purposes, the Company
approve the issue of securities under the employee share option scheme for employees and directors known as the
“Ashburton Minerals Ltd Employee Share Option Plan”, the rules of which are annexed as Annexure A to the Explanatory
Memorandum, as an exception to Listing Rule 7.1.”
Voting Exclusion: The Company will disregard any votes cast on this resolution by the Directors or any associate of
the Directors. However, the Company need not disregard a vote if:
it is cast by a person as a proxy for a person who is entitled to vote, in accordance with the directions on the
proxy form; or
it is cast by the person chairing the meeting as proxy for a person who is entitled to vote, in accordance with a
direction on the proxy form to vote as the proxy decides.
Resolution 6 – Issue of Director Options – Mr Tom Dukovcic
To consider and, if thought fit, to pass, with or without amendment, the following resolution as an ordinary
resolution:
“That, for the purposes of ASX Listing Rule 10.11, Part 2E.1 of the Corporations Act and for all other purposes, the
Company approve and authorises the grant of up to 2,000,000 Options exercisable at 8 cents each on or before 1 October
2010 to Mr Tom Dukovcic (or his nominee) on the terms and conditions set out in the Explanatory Memorandum.”
Voting Exclusion: The Company will in accordance with section 224 of the Corporations Act disregard any votes
cast on this resolution by Tom Dukovcic or any associate of Tom Dukovcic. However, the Company need not disregard
a vote if it is cast by a person as a proxy appointed in writing that specifies how the proxy is to vote on the proposed
resolution and it is not cast on behalf of Tom Dukovcic or an associate of Tom Dukovcic in accordance with section
224(2) of the Corporations Act.
Resolution 7 – Issue of Director Options – Mr Rodney Dunn
To consider and, if thought fit, to pass, with or without amendment, the following resolution as an ordinary
resolution:
“That, for the purposes of ASX Listing Rule 10.11, Part 2E.1 of the Corporations Act and for all other purposes, the
Company approve and authorise the grant of up to 1,500,000 Options exercisable at 8 cents each on or before 1 October
2010 to Mr Rodney Dunn (or his nominee) on the terms and conditions set out in the Explanatory Memorandum.”
Voting Exclusion: The Company will in accordance with section 224 of the Corporations Act disregard any votes
cast on this resolution by Rodney Dunn or any associate of Rodney Dunn. However, the Company need not disregard
a vote if it is cast by a person as a proxy appointed in writing that specifies how the proxy is to vote on the proposed
resolution and it is not cast on behalf of Rodney Dunn or an associate of Rodney Dunn in accordance with section
224(2) of the Corporations Act.
Dated:
BY ORDER OF THE BOARD
Kim Massey
Company Secretary - Ashburton Minerals Ltd
NOTES:
A shareholder of the Company entitled to attend and vote is entitled to appoint not more than two proxies.
Where more than one proxy is appointed, each proxy must be appointed to represent a specified proportion of the
shareholder’s voting rights. If the shareholder appoints two proxies and the appointment does not specify this
proportion, each proxy may exercise half of the votes. A proxy need not be a shareholder of the Company.
For the purposes of the Corporations Act, the Directors have set a snapshot date to determine the identity of those
entitled to attend and vote at the Meeting. The snapshot date is 5.00pm on 22 November 2006.
•
•
.
2.
EXPLANATORY MEMORANDUM
This Explanatory Memorandum and all attachments are important documents. They should be read carefully in full
by all Shareholders.
If you have any questions regarding the matters set out in this Explanatory Memorandum or the preceding Notice,
please contact the Company, your stockbroker or other professional adviser.
1. GENERAL INFORMATION
This Explanatory Memorandum has been prepared for the Shareholders in connection with the Annual General
Meeting of the Company to be held on 24 November 2006.
The purpose of this Explanatory Memorandum is to provide Shareholders with information that the Board
believes to be material to Shareholders in deciding whether or not to approve the above resolutions detailed in
the Notice.
2. THE RESOLUTIONS
2.1 Resolution 1 – Adoption of Remuneration Report
Section 298 of the Corporations Act requires that the annual Directors’ Report contain a Remuneration Report
prepared in accordance with section 300A of the Corporations Act.
By way of summary, the Remuneration Report:
(a) discusses the Company’s policy and the process for determining the remuneration of its executive officers and
Directors;
(b) addresses the relationship between the remuneration of the Company’s executive officers and the performance
of the Company; and
(c) sets out remuneration details for each Director and each of the executive officers of the Company named in
the Remuneration Report for the financial year ended 30 June 2006.
Section 250R(2) of the Corporations Act requires companies to put a resolution to their members that the
Remuneration Report be adopted. Pursuant to section 250R(3), the vote on this resolution is advisory only and
does not bind the Board or the Company.
A reasonable opportunity will be provided for discussion of the Remuneration Report at the meeting.
The Board unanimously recommends that Shareholders vote in favour of Resolution 1.
2.2 Resolution 2 – Re-Election of Mr Rick Crabb as a Director
Pursuant to clause 13.2 the Constitution , Mr Crabb is required to retire as a Director by rotation. The Directors that
are not subject to re-election urge you to support your Board by voting for the re-appointment of Mr Crabb.
2.3 Resolution 3 – Ratification of Share Issue
2.3.1 Background
As announced in November 2005, Ashburton issued 639,625 Shares as full repayment of a loan made to the
Company in July 2005.
2.3.2 Regulatory Requirements – ASX Listing Rule 7.4
ASX Listing Rule 7.1 provides that the prior approval of the Shareholders is required for an issue of equity securities
if the securities will, when aggregated with the securities issued by the Company during the previous 12 months,
exceed 15% of the number of securities on issue at the commencement of that 12 month period.
Under Listing Rule 7.4, an issue of securities made without approval under Rule 7.1 is treated as having been made
with approval for the purposes of Listing Rule 7.1 if the issue did not breach Rule 7.1 and holders of ordinary
securities subsequently approve it.
Accordingly, the Company wishes to have Shareholders ratify the issue of 639,625 Shares pursuant to ASX Listing
Rule 7.4 in order to reinstate the Company’s capacity to issue up to 15% of its issued capital, if required, in the next
12 months without Shareholder approval.
The information required by ASX Listing Rule 7.5 to be provided to Shareholders is set out below.
(a) the number of Shares allotted was 639,625 Shares;
(b) the price at which the Shares were issued was $0.08 per Share;
(c) the Shares issued were fully paid ordinary shares which rank equally in all respects with the existing Shares
on issue;
(d) the Shares were issued to Ioma Pty Ltd; and
(e) the funds raised were applied towards the full repayment of a loan made to the Company on 12 July 2005.
2.4 Resolution 4 – Ratification of Issue of Shares and Options under the Heads of Agreement signed with
Minmet plc
2.4.1 Background
As announced in May 2006, Ashburton entered into an agreement with Minmet plc (“Minmet”) obtaining an option
to acquire a 75% equity interest in tenements held by Minmet’s Brazilian subsidiary Mineradora de Bauxita. This
resolution relates to the Shares and Options issued to Minmet in respect of this acquisition.
2.4.2 Regulatory Requirements – ASX Listing Rule 7.4
A summary of ASX Listing Rules 7.1 and 7.4 is included in Section 2.3.2.
Accordingly, the Company wishes to have Shareholders ratify the issue of 1,609,332 Shares and 500,000 Options
pursuant to ASX Listing Rule 7.4 in order to reinstate the Company’s capacity to issue up to 15% of its issued
capital, if required, in the next 12 months without Shareholder approval.
The information required by ASX Listing Rule 7.5 to be provided to Shareholders is set out below.
(a) the number of Shares allotted was 1,609,332 Shares;
(b) the number of Options allotted was 500,000 Options;
(c) the price at which the Shares were allotted was $0.062 per Share;
(d) the Shares allotted were fully paid ordinary shares which rank equally in all respects with the existing Shares
on issue;
(e) The Options were allotted for nil consideration, are unlisted and exercisable on or before 30 June 2009 at
$0.15 cents each; and
(f) the Shares and Options were issued to Minmet in consideration for the option agreement over the Cuiaba
Gold Project.
2.5 Resolution 5– Employee Share Option Plan
The Directors considered that it was desirable to establish an Option plan under which employees may be offered
the opportunity to subscribe for Options in order to increase the range of potential incentives available to them
and to strengthen links between the Company and its employees and accordingly adopted the Ashburton Minerals
Ltd Employee Share Option Plan (“Plan”) on 21 September 2006.
The Plan is designed to provide incentives to the employees of the Company and to recognise their contribution to
the Company’s success. Under the Company’s current circumstances the Directors consider that the incentives to
employees are a cost effective and efficient incentive for the Company as opposed to alternative forms of incentives
such as cash bonuses or increased remuneration. To enable the Company to secure employees and Directors who
can assist the Company in achieving its objectives, it is necessary to provide remuneration and incentives to such
personnel. The Plan is designed to achieve this objective by encouraging continued improvement in performance
over time and by encouraging personnel to acquire and retain significant shareholdings in the Company.
Shareholder approval is required if any issue of Options pursuant to the Plan is to fall within the exception to the
calculation of the 15% limit imposed by Listing Rule 7.1 on the number of securities which may be issued without
Shareholder approval. Accordingly, Shareholder approval is sought for the purposes of Listing Rule 7.2 Exception
9(b) which provides that Listing Rule 7.1 does not apply to an issue of securities under an employee incentive
scheme that has been approved by the holders of ordinary securities within three years of the date of issue.
Prior Shareholder approval will be required before any Director or related party of the Company can participate in
the Plan.
Under the Plan, the Board may offer to “Participants” the opportunity to subscribe for such number of Options in
the Company as the Board may decide and on the terms set out in the rules of the Plan, a copy of which is contained
in Annexure A of this Explanatory Memorandum. Options granted under the Plan will be offered to Participants on
the basis of the Board’s view of the contribution of a Participant to the Company, the period of employment of the
Participant with the Company, the potential contribution of the Participant to the Company and any other matter
considered relevant by the Board.
In accordance with the requirements of Listing Rule 7.2 Exception 9(b) the following information is provided:
(a) a copy of the rules of the Plan is attached as Annexure B to the Notice;
(b) no Options have previously been issued under the Plan; and
(c) a voting exclusion statement has been included for the purposes of Resolution 5.
2.6 Resolution 6 – Approval of Issue of Director Options to Tom Dukovcic
2.6.1 Background
Resolution 6 seeks Shareholder approval for the grant of up 2,000,000 Director Options to Mr Tom Dukovcic (or
his nominee).
Shareholder approval for the grant of Options to Mr Dukovcic is required by ASX Listing Rule 10.11 and Section 208
of the Corporations Act because Mr Dukovcic is a related party of the Company.
2.6.2 Regulatory Requirements - ASX Listing Rule 10.11
ASX Listing Rule 10.11 requires the Company to obtain Shareholder approval by ordinary resolution prior to the
issue of securities (including an option) to a related party of the Company.
Mr Dukovcic is a related party of the Company because he is a Director.
Accordingly, Shareholder approval for the grant of Director Options to Mr Dukovcic pursuant to Resolution 6 is
required by ASX Listing Rule 10.11 .
The grant of Director Options to Mr Dukovcic will not be included in the calculation of whether the Company has
used its 15% placement capacity for the purposes of ASX Listing Rule 7.1 because Shareholder approval is being
obtained pursuant to ASX Listing Rule 10.11 . If Shareholder approval is given for the grant of Director Options
under Listing Rule 10.11 , approval is not required under Listing Rule 7.1.
2.6.3 Regulatory Requirements - ASX Listing Rule 10.13
For the purposes of ASX Listing Rule 10.13, the following information is provided in relation to the grant of Director
Options pursuant to Resolution 6:
(a) the maximum number of Director Options to be granted by the Company is 2,000,000 to Mr Dukovcic (or his
nominee);
(b) the Director Options will be issued for nil cash consideration for performance of work in the future by Mr
Dukovcic in relation to his position as a Managing Director and to secure his ongoing commitment and
dedication to the continued growth of the Company. The Board considers the grant of Director Options to be
reasonable in the circumstances;
(c) the Options will be granted not later than one month after the date of this Meeting (or such later date as
permitted by any ASX waiver or modification of the ASX Listing Rules) and it is anticipated that allotment
will occur on one date;
(d) the Director Options will be issued on the terms and conditions set out in Annexure B of this Explanatory
Memorandum; and
(e) no funds will be raised by the issue of Director Options.
2.6.4 Section 208 of the Corporations Act
Under Chapter 2E of the Corporations Act, a public company cannot give a “financial benefit” to a “related party”
unless one of the exceptions to that section apply or shareholders have in general meeting approved the giving of
that financial benefit to the related party.
In the current circumstances, the grant of the Director Options to Mr Dukovcic constitutes a “financial benefit” as
defined in the Corporations Act. Further, Mr Dukovcic is a “related party” of the Company as defined under the
Corporations Act because he is a Director. Accordingly, the proposed grant of Director Options to Mr Dukovcic will
constitute the provision of a financial benefit to a related party of the Company.
It is the view of the Directors that the exceptions under the Corporations Act to the provision of financial benefits
to related parties may not apply in the current circumstances and so the Directors have determined to seek
Shareholder approval under section 208 of the Corporations Act to permit the grant of the Director Options to Mr
Dukovcic.
2.6.5 Regulatory Requirements - Sections 217 to 227 of the Corporations Act
The following information is provided pursuant to sections 217 to 227 of the Corporations Act in relation to
Resolution 6:
(a) the related party to whom the Director Options will be granted is Mr Dukovcic;
(b) the maximum number of Director Options (being the nature of the financial benefit to be provided) to be
granted is 2,000,000 to Mr Dukovcic (or his nominee);
(c) the Director Options will be issued for nil cash consideration, accordingly no funds will be raised from the
grant of the Options;
(d) the terms and conditions of the Director Options to be issued pursuant to Resolution 6 is set out in Annexure
B;
(e) Mr Dukovcic has a material personal interest in the outcome of Resolution 6 and so cannot provide a
recommendation in respect of the resolution. The other Directors, who do not have a material personal
interest in the outcome of Resolution 6, recommend that Shareholders grant approval to Resolution 6 as
they are of the view that the issue of Director Options to Mr Dukovcic is appropriate to provide him with
an incentive to maximise returns to Shareholders. The Directors (other than Mr Dukovcic) considered Mr
Dukovcic’s experience, the current market price of the Shares and current market practice when determining
the number and exercise price of the Director Options to be issued to Mr Dukovcic;
(f) if Shareholders approve the grant of Director Options to Mr Dukovcic and all of the Director Options are
exercised, the effect will be to dilute the shareholding of existing Shareholders by approximately 2.51% on
an undiluted basis;
(g) the market price for Shares during the term of the Director Options would normally determine whether or
not Mr Dukovcic exercises the Director Options. If, at the time any of the Director Options are exercised, the
Shares are trading on ASX at a price that is higher than the exercise price of the Director Options, there may
be a perceived cost to the Company;
(h) the primary purpose of the issue of Director Options is to allow the Company to provide cost effective
consideration for work to be done by Mr Dukovcic in the development of the Company. Given the purpose
and bearing in mind the exercise terms of the Director Options, the Directors (other than Mr Dukovcic who
declined to comment) do not consider there are any significant opportunity costs to the Company or benefits
forgone by the Company in issuing the Director Options upon the terms proposed.
(i) the current holdings of Mr Dukovcic is 601,126 Shares and 91,020 Listed Options exercisable at $0.32 on or
before 31 March 2007;
(j) Mr Dukovcic’s annual emolument as a Director is $185,300;
(k) in the 12 months before the date of this Notice, the highest, lowest and last trading price of Shares on ASX
are as set out below:
Date Price
Highest 1 7/10/05 $0.0950
Lowest 03/08/06 $0.0360
Last Trading Price 11 /10/06 $0.0380
(l) the Directors are not aware of any other information that would be reasonably required by shareholders to
allow them to make a decision whether it is in the best interests of the Company to pass the Resolution.
2.6.6 Valuation of Director Options
The Director Options have been valued using the Black & Scholes pricing model and based upon the following
assumptions:
(a) the Director Options are exercisable at $0.08 each;
(b) annualised standard deviation of 72% (this is the volatility factor based on historical data from the Australian
Graduate School of Management’s Risk Measurement Services);
(c) an interest rate of 5.77% (this is the risk free rate obtained from Commonwealth Government Securities rate
with a maturity date approximating that of the expiration period as at 11 October 2006);
(d) nil dividend rate;
(e) the exercise date of the Director Options is on or before 1 October 2010;
(f) the valuation date is 11 October 2006; and
(g) the valuations ascribed to the Director Options represent the value at the time the Company agreed to grant
the Director Options and may not necessarily represent the market price of the Director Options at the date
of the issue of the Director Options.
Based on the above, the Director Options have been valued at $0.020 each, which means the value of the 2,000,000
Director Options proposed to be granted to Mr Dukovcic pursuant to resolution 6 is $40,000. The total remuneration
package for Mr Dukovcic is therefore $225,300.
2.7 Resolution 7– Approval of Issue of Director Options to Rodney Dunn
2.7.1 Background
Resolution 7 seeks Shareholder approval for the grant of up 1,500,000 Director Options to Mr Rodney Dunn (or his
nominee).
Shareholder approval for the grant of Director Options to Mr Dunn is required by ASX Listing Rule 10.11 and Section
208 of the Corporations Act because Mr Dunn is a related party of the Company.
2.7.2 Regulatory Requirements - ASX Listing Rule 10.11
ASX Listing Rule 10.11 requires the Company to obtain Shareholder approval by ordinary resolution prior to the
issue of securities (including an option) to a related party of the Company.
Mr Dunn is a related party of the Company because he is a Director.
Accordingly, Shareholder approval for the grant of Director Options to Mr Dunn pursuant to Resolution 7 is required
by ASX Listing Rule 10.11 .
The grant of Director Options to Mr Dunn will not be included in the calculation of whether the Company has
used its 15% placement capacity for the purposes of ASX Listing Rule 7.1 because Shareholder approval is being
obtained pursuant to ASX Listing Rule 10.11 . If Shareholder approval is given for the grant of Director Options under
Listing Rule 10.11 , approval is not required under Listing Rule 7.1.
2.7.3 Regulatory Requirements - ASX Listing Rule 10.13
For the purposes of ASX Listing Rule 10.13, the following information is provided in relation to the grant of Director
Options pursuant to Resolution 7:
(a) the maximum number of Director Options to be granted by the Company is 1,500,000 to Mr Dunn (or his
nominee);
(b) the Director Options will be issued for nil cash consideration for performance of work in the future by
Mr Dunn in relation to his position as an Executive Director and to secure his ongoing commitment and
dedication to the continued growth of the Company. The Board considers the grant of Director Options to be
reasonable in the circumstances;
(c) the Director Options will be granted not later than one month after the date of this Meeting (or such later
date as permitted by any ASX waiver or modification of the ASX Listing Rules) and it is anticipated that
allotment will occur on one date;
(d) the Director Options will be issued on the terms and conditions set out in Annexure B of this Explanatory
Memorandum; and
(e) no funds will be raised by the issue of Director Options.
2.7.4 Section 208 of the Corporations Act
Under Chapter 2E of the Corporations Act, a public company cannot give a “financial benefit” to a “related party”
unless one of the exceptions to that section apply or shareholders have in general meeting approved the giving of
that financial benefit to the related party.
In the current circumstances, the grant of the Director Options to Mr Dunn constitutes a “financial benefit” as
defined in the Corporations Act. Further, Mr Dunn is a “related party” of the Company as defined under the
Corporations Act because he is a Director. Accordingly, the proposed grant of Director Options to Mr Dunn will
constitute the provision of a financial benefit to a related party of the Company.
It is the view of the Directors that the exceptions under the Corporations Act to the provision of financial benefits to
related parties may not apply in the current circumstances and so the Directors have determined to seek Shareholder
approval under section 208 of the Corporations Act to permit the grant of the Director Options to Mr Dunn.
2.7.5 Regulatory Requirements - Sections 217 to 227 of the Corporations Act
The following information is provided pursuant to sections 217 to 227 of the Corporations Act in relation to
Resolution 7:
(a) the related party to whom the Director Options will be granted is Mr Dunn;
(b) the maximum number of Director Options (being the nature of the financial benefit to be provided) to be
granted is 1,500,000 to Mr Dunn (or his nominee);
(c) the Director Options will be issued for nil cash consideration, accordingly no funds will be raised from the
grant of the Options;
(d) the terms and conditions of the Director Options to be issued pursuant to Resolution 7 is set out in Annexure
B;
(e) Mr Dunn has a material personal interest in the outcome of Resolution 7 and so cannot provide a
recommendation in respect of the resolution. The other Directors, who do not have a material personal
interest in the outcome of Resolution 7, recommend that Shareholders grant approval to Resolution 7 as
they are of the view that the issue of Director Options to Mr Dunn is appropriate to provide him with an
incentive to maximise returns to Shareholders. The Directors (other than Mr Dunn) considered Mr Dunn’s
10
experience, the current market price of the Shares and current market practice when determining the number
and exercise price of the Director Options to be issued to Mr Dunn;
(f) if Shareholders approve the grant of Director Options to Mr Dunn and all of the Director Options are exercised,
the effect will be to dilute the shareholding of existing Shareholders by approximately 1.88% on an undiluted
basis;
(g) the market price for Shares during the term of the Director Options would normally determine whether or not
Mr Dunn exercises the Director Options. If, at the time any of the Director Options are exercised, the Shares
are trading on ASX at a price that is higher than the exercise price of the Director Options, there may be a
perceived cost to the Company;
(h) the primary purpose of the issue of Director Options is to allow the Company to provide cost effective
consideration for work to be done by Mr Dunn in the development of the Company. Given the purpose and
bearing in mind the exercise terms of the Director Options, the Directors (other than Mr Dunn who declined
to comment) do not consider there are any significant opportunity costs to the Company or benefits forgone
by the Company in issuing the Director Options upon the terms proposed.
(i) the current holdings of Mr Dunn is 3,441,678 Shares and 567,364 Listed Options exercisable at $0.32 on or
before 31 March 2007;
(j) Mr Dunn’s annual emolument as a Director is $136,250;
(k) in the 12 months before the date of this Notice, the highest, lowest and last trading price of Shares on ASX
are as set out below:
Date Price
Highest 1 7/10/05 $0.0950
Lowest 02.03/08/06 $0.0360
Last Trading Price 11 /10/06 $0.0380
(l) the Directors are not aware of any other information that would be reasonably required by shareholders to
allow them to make a decision whether it is in the best interests of the Company to pass the Resolution.
2.7.6 Valuation of Director Options
The Director Options have been valued using the Black & Scholes pricing model and based upon the following
assumptions:
(a) the Director Options are exercisable at $0.08 each;
(b) annualised standard deviation of 72% (this is the volatility factor based on historical data from the Australian
Graduate School of Management’s Risk Measurement Services);
(c) an interest rate of 5.77% (this is the risk free rate obtained from the Commonwealth Government Securities
rate with a maturity date approximating that of the expiration period as at 11 October 2006);
(d) nil dividend rate;
(e) the exercise date of the Director Options is on or before 1 October 2010;
(f) the valuation date is 11 October 2006; and
(g) the valuations ascribed to the Director Options represent the value at the time the Company agreed to grant
the Director Options and may not necessarily represent the market price of the Director Options at the date
of the issue of the Director Options.
Based on the above, the Director Options have been valued at $0.020 each, which means the value of the 1,500,000
Director Options proposed to be granted to Mr Dunn pursuant to resolution 7 is $30,000. The total remuneration
package for Mr Dunn is therefore $166,250.
3. ENQUIRIES
Shareholders are invited to contact the Company Secretary, Mr Kim Massey on [phone] if they have any
queries in respect of the matters set out in these documents.
11
ASIC means Australian Securities and Investments Commission.
ASX means Australian Stock Exchange Limited.
ASX Listing Rules or Listing Rules means the Listing Rules of ASX.
Board means the board of Directors.
Company means Ashburton Minerals Ltd (ABN 99 008 894 442).
Constitution means the Company’s constitution.
Corporations Act means the Corporations Act 2001 (Cth).
Director means a director of the Company.
Director Options means an Option to acquire a Share on the terms set out in Annexure B of the Explanatory
Memorandum granted by the Company pursuant to Resolutions 6 & 7.
Explanatory Memorandum means the explanatory memorandum to the Notice.
Listed Options means the existing listed options of the Company (ATNO) exercisable at $0.32 each on or before 31
March 2007.
Meeting means the meeting convened by the Notice.
Notice means the notice of meeting accompanying this Explanatory Memorandum.
Option means an option to acquire a Share.
Share means a fully paid ordinary share in the capital of the Company.
Shareholder means a holder of a Share.
GLOSSARY
12
1. DEFINITION AND INTERPRETATION
1.1 Definition
In these Rules, unless the contrary intention appears:
“Associated Body Corporate” means any:
(a) related body corporate of the Company under Section 50 of the Corporations Act; or
(b) a body corporate that has voting power in the Company of not less than 20%; and
(c) a body corporate in which the Company has voting power of not less than 20%.
“ASX” means Australian Stock Exchange Limited.
“Board” means all or some of the Directors of the Company acting as a board.
“Business Day” means any day that is not Saturday, Sunday or public holiday in Western Australia.
“Change of Control Event” means:
(a) the Company entering into a scheme of arrangement with its creditors or members or any class thereof
pursuant to section 411 of the Corporations Act;
(b) the commencement of a Takeover Period; or
(c) a person or a group of associated persons having a relevant interest in, subsequent to the adoption of these
Rules, sufficient Shares to give it or them the ability, in general meeting, to replace all or a majority of the
Board in circumstances where such ability was not already held by a person associated with such person or
group of associated persons.
“Company” means Ashburton Minerals Ltd ABN 99 008 894 442.
“Essential Terms” means the terms of issue of Options set out in the Schedule.
“Exercise Price” means in relation to a Share to be issued upon exercise of an Option the issue price of that Share
as determined in accordance with clause 11 .2 of the Essential Terms.
“Expiry Date” means in relation to an Option the date which is the second anniversary of the Issue Date.
“Issue Date” means the date determined by the Board as the date on which an Option was granted.
“Listing Rules” means the Listing Rules of ASX and any other rules of ASX which are applicable while the Company
is admitted to the Official List of ASX, each as amended or replaced from time to time, except to the extent of any
waiver by ASX.
“Official List” means the Official List of entities that ASX has admitted and not removed.
“Option” means an option issued under this Plan to subscribe for Shares.
“Participant” means a full-time or part-time employee or director of the Company or an Associated Body Corporate,
who is invited by the Board to participate in the Plan and is issued Options under the Plan and includes a nominee
of the employee or director.
“Plan” means this Employee Share Option Plan as in force and amended from time to time.
“Rules” means these Rules as altered or added to from time to time and a reference to a provision of these Rules
is a reference to that provision as altered or added to from time to time, and for the avoidance of doubt, includes
the Essential Terms.
“Schedule” means schedule to, and forming part of, these Rules.
“Share” means a fully paid ordinary share in the capital of the Company.
ANNEXURE A
EMPLOYEE SHARE OPTION PLAN RULES
13
“Takeover Period” in relation to a takeover bid in respect of Shares means the period referred to in section
624 of the Corporations Act, provided that where a takeover bid is publicly announced prior to the service of a
bidder’s statement on the Company in relation to that takeover bid, the takeover period shall be deemed to have
commenced at the time of that announcement.
1.2 Interpretation
For the purposes of these Rules, unless the contrary intention appears:
(a) the singular includes the plural and vice-versa;
(b) words denoting a gender include all genders;
(c) if a word or phrase is defined cognate words and phrases have corresponding definitions;
(d) a reference to a related body corporate of the Company is a reference to a body corporate which is so related
within the meaning of the Corporations Act;
(e) a reference to a statute, ordinance, code or other law includes regulations and other statutory instruments
under it and consolidations, amendments, re-enactments or replacements or any of them; and
(f) any power, authority or discretion vested in the Company or the Board may be exercised at any time and from
time to time and unless expressed otherwise, in their absolute discretion.
2. GRANT OF OPTIONS
2.1 General Eligibility
At any time and from time to time, the Board may issue Options to Participants (or to a nominee as the Participant
directs) having regard, in each case, to:
(a) the contribution to the Company which has been made by the Participant;
(b) the period of employment of the Participant with the Company, including (but not limited to) the years of
service by that Participant;
(c) the potential contribution of the Participant to the Company; and
(d) any other matters which the Board considers in its absolute discretion, to be relevant.
2.2 Price of Options
Options are to be issued to Participants at a price the Board considers to be appropriate, but in any case must be
for no more than nominal consideration.
2.3 Issue of Options
Each Option must be issued on the terms of these Rules and each Participant will be taken to have agreed to be
bound by these Rules on acceptance by that Participant of an Option.
3. MAXIMUM NUMBER OF OPTIONS
3.1 5% Limit
Subject to clause 3.2 of these Rules, an Option may not be issued if, immediately following its issue, the shares to
be received on exercise of the Option when aggregated with:
(a) the number of shares in the same share class which would be issued if each outstanding offer of shares and
options under the Plan or any other employee incentive scheme of the Company were accepted or exercised;
and
(b) the number of shares in the same class issued during the previous 5 years under the Plan or any other
employee incentive scheme of the Company extended to full-time or part-time employees or directors of the
Company or an Associated Body Corporate, exceeds 5% of the total number of issued shares in that share
14
class of the Company at the time the Option is offered, provided that the Board may, in its absolute discretion,
increase this percentage, subject to any applicable Corporations Act, Listing Rule (including the conditions
and restrictions on issuing securities in Listing Rule 7.1) or Class Order requirements.
3.2 Exceptions
When aggregating the number of shares for the purposes of clause 3.1 of these Rules, the Company may disregard
any offer made, option acquired or share issued by way of or as a result of:
(a) an offer to a person situated at the time of receipt of the offer outside of Australia;
(b) an offer that did not need disclosure to investors because of section 708 of the Corporations Act; or
(c) an offer made under a disclosure document in accordance with Chapter 6D of the Corporations Act.
4. OPTIONS TERMS
4.1 Essential Terms
An Option must be granted on the Essential Terms and may be granted on such other additional terms, conditions
or restrictions, not being inconsistent with these Rules or the Essential Terms, as the Board determines either
generally or in relation to particular Options.
4.2 Variation of Terms
Despite anything to the contrary in these Rules, to the full extent permissible by the Listing Rules and law, the
Board may from time to time vary the Exercise Price, the period in which an Option may be exercised and the
conditions to which an Option is subject or any of them.
5. OVERRIDING RESTRICTIONS ON ISSUE AND EXERCISE
Notwithstanding anything else in these Rules or in the terms of any Option, an Option may not be offered, issued,
or exercised if to do so:
(a) would contravene the Corporations Act or the Listing Rules; or
(b) would contravene the local laws of, or the rules or requirements of any regulatory or statutory body in,
a Participant’s country of residence or in the opinion of the Board compliance with those local laws,
rules or requirements would be impractical or result in any unnecessary or unreasonable expense in the
circumstances.
6. ADMINISTRATION OF THE PLAN
6.1 Delegation
The Plan shall be in all respects administered under the directions of the Board or a committee of the Board. The
Board or committee may appoint, for the proper administration and management of the Plan, such secretarial or
executives or staff or other persons as it considers desirable and may delegate to those persons such powers and
authorities as may be necessary or desirable for the administration and management of the Plan.
6.2 Procedures
Subject to these Rules, the Board may make such regulations and establish such procedures for the administration
and management of the Plan as it considers appropriate. If any disagreement or dispute with respect to the
interpretation of these Rules or the terms of grant of any Option arises, such disagreement or dispute shall be
referred to the Board and the decision of the Board shall, in the absence of manifest error, be final and binding
upon all parties.
15
6.3 Covenant or exercise of discretion
The Company or an Associated Body Corporate or the Board may, subject to any express provision in these Rules,
the Listing Rules or the Corporations Act to the contrary:
(a) do any act, matter or thing or make any decision, determination or resolution; or
(b) conditionally or unconditionally give or withhold any consent or approval,
as contemplated by these Rules in its absolute uncontrolled and unexaminable discretion and is not obliged to give
reasons for so doing.
7. ADVICE
7.1 Adjustment to Number of Shares
The Company shall give notice to each Participant of any adjustment to the number of Shares which the Participant
is entitled to subscribe for or be issued on exercise of an Option or the exercise price per Share in accordance with
the Listing Rules.
7.2 Market and Exercise Price
The Company will provide to a Participant upon request, within a reasonable time, either verbally or in writing,
details of the current market price (in Australian dollars) of the Shares and details of the Exercise Price in relation
to Options held by that Participant.
16
1 ENTITLEMENT
1.1 Each Option entitles the holder to subscribe for and be issued, credited as fully paid, the number of Shares
specified in the Option.
1.2 The Exercise Price of a Share to be issued on exercise of Options shall be Exercise Price as determined by the
Board (in its discretion) on or before the Issue Date provided that in no event shall the Exercise Price be less
than the weighted average sale price of Shares sold on ASX during the five Business Days prior to the Issue
Date or such other period as determined by the Board (in its discretion).
1.3 Subject to these Rules, the Company shall issue Shares on exercise of an Option in accordance with the
Listing Rules and shall either issue a certificate, or cause a holding statement to be issued, for Shares so
issued within 10 Business Days after the date of exercise of the relevant Option.
1.4 Shares issued on the exercise of Options will rank pari passu with all existing Shares in the capital of the
Company from the date of issue of those Shares.
2 EXERCISE OF OPTIONS
2.1 Subject to clause 12.2 of this Schedule, an Option is exercisable by the holder lodging with the Company
Secretary:
(a) a notice of exercise of that Option in the form attached to this Schedule;
(b) a cheque for the Exercise Price for each Share to be issued on the exercise of that Option; and
(c) the certificate for that Option.
In the event of the death of a holder of Options, those Options are exercisable by the executor of the
estate of the holder in the same manner as set out above.
2.2 An Option must be exercised (if at all) not later than its Expiry Date and, subject to this clause 2, may only be
exercised at any time after the option has been vested and before its Expiry Date. The Board may determine
(in its absolute discretion) any further conditions of exercise consistent with these Rules that apply to an
Option. The exercise of some Options only does not affect the Participant’s right to exercise other Options at
a later time. If the Participant exercises less than all Options represented by the certificate then the Company
will cancel the certificate and issue a new certificate for the balance.
2.3 The Board will from time to time determine the time periods after which the Options issued will vest in the
Optionholder and the percentage of Options issued which will vest at each particular time.
2.4 An Option held by a Participant will immediately lapse upon the first to occur of:
(a) its Expiry Date;
(b) the making by the Board of a determination that:
(i) the Participant has acted fraudulently, dishonestly or in breach of the Participant’s obligations to
the Company or an Associated Body Corporate; and
(ii) the Option is on that account to be forfeited;
(c) subject to clause 2.5 of this Schedule, the Participant ceasing to be employed by the Company or
an Associated Body Corporate for any reason (or, in the case of an Option held by a nominee, the
employment of the nominating Participant is terminated) except where the Participant ceases to be
employed as a direct result of the disposal or sale of the Company or Associated Body Corporate (in
which case, for the avoidance of doubt, such Options shall not lapse by virtue of that event alone);
SCHEDULE
TERMS OF ISSUE OF OPTIONS
17
(d) the day which is 30 days following any person or corporation having a relevant interest in not less than
90% of the Shares; or
(e) the day which is 10 days following the Company issuing a notice of meeting convening a meeting
of shareholders in order to enter into a scheme of arrangement (pursuant to the provisions of the
Corporations Act) which, if implemented would result in a person or corporation having a relevant
interest in not less than 90% of the Shares.
2.5 For the purposes of clause 2.4 (c) of this Schedule, a Participant shall be deemed to have ceased to be
employed by the Company or an Associated Body Corporate:
(a) on the day which is six months after the day the Participant ceases to be employed by the Company or
an Associated Body Corporate by virtue of:
(i) the Participant’s death; or
(ii) the Participant being retrenched or made redundant by the Company or an Associated Body
Corporate (other than as a direct result of the disposal or sale of the Company or Associated Body
Corporate); and
(b) on the later of 21 days or such later date that the Board determines in its absolute discretion following
the Participant ceasing to be employed by the Company or an Associated Body Corporate where the
Participant ceases to be employed by virtue of:
(i) the Participant retiring; or
(ii) the Participant’s permanent illness or permanent physical or mental incapacity (as certified by a
medical practitioner who is approved in writing by the Board).
2.6 If, in the opinion of the Board, a Change of Control Event has occurred, or is likely to occur, the Board may
declare an Option to be free of any conditions of exercise and Options which are so declared may, subject to
clause 2.4 of this Schedule, be exercised at any time on or before the Expiry Date and in any number.
2.7 If any person or corporation having a relevant interest in not less than 90% of the Shares or the Company
issues a notice of meeting convening a meeting of shareholders in order to enter into a scheme of arrangement
(pursuant to the provisions of the Corporations Act) which, if implemented would result in a person or
corporation having a relevant interest in not less than 90% of the Shares, all Options shall be free of any
conditions of exercise and may be exercised at any time prior to their lapsing pursuant to clause 2.4 of this
Schedule.
3 TRANSFER
An Option is personal to the Participant to whom it was granted, and the Participant may not sell, transfer or
otherwise dispose of, or make a declaration of trust in respect of, it except to a nominee of that Participant.
4 QUOTATION OF OPTIONS AND SHARES
Options will not be listed for quotation on ASX, however, the Company will make application for official quotation
of Shares issued on the exercise of options to ASX and to each other stock exchange on which Shares are listed at
the time.
5 FUTURE ISSUES OF SHARES
New Issues
There are no participating rights or entitlements inherent in the Options and Participants will not be entitled to
participate in new issues of capital offered to shareholders during the currency of the Options. However, the
Company will ensure that the record date for determining entitlements to any such issue will be at least 9 Business
Days after the issue is announced. Participants shall be afforded the opportunity to exercise all Options which
they are entitled to exercise pursuant to these Rules prior to the date for determining entitlements to participate
in any such issue.
18
Bonus Issues
If the Company makes an issue of Shares to the holders of Shares in the Company by way of capitalisation of profits
or reserves (“Bonus Issue”), each Participant holding any Options which have not expired at the time of the record
date for determining entitlements to the Bonus Issue shall be entitled to have issued to him upon exercise of any of
those Options on or before the record date, the number of Shares which would have been issued under the Bonus
Issue (“Bonus Shares”) to a person registered as holding the same number of Shares as that number of Shares to
which the Participant may subscribe pursuant to the exercise of those Options immediately before the record date
determining entitlements under the Bonus Issue (in addition to the Shares which he or she is otherwise entitled
to have issued to him or her upon such exercise). The Bonus Shares will be paid by the Company out of profits or
reserves (as the case may be) in the same manner as was applied in relation to the Bonus Issue and upon issue rank
pari passu in all respects with the other Shares issued upon exercise of the Options.
6 RECONSTRUCTION OF CAPITAL
In the event of any reconstruction (including a consolidation, subdivision, reduction or return) of the issued capital
of the Company prior to the expiry of any Options, the number of Options to which each Participant is entitled or
the exercise price of his or her Options or both or any other terms will be reconstructed in a manner determined by
the Board which complies with the provisions of the Listing Rules.
7 ADVICE
The Company shall give notice to each Participant of any adjustment to the number of Shares which the Participant
is entitled to subscribe for or be issued on exercise of an Option or the exercise price per Share in accordance with
the Listing Rules.
The Company will provide to a Participant upon request, within a reasonable time, either verbally or in writing,
details of the current market price (in Australian dollars) of the Shares in the Company and details of the Exercise
Price in relation to Options held by that Participant.
8 NOTICES
Notices may be given by the Company to the Participant in the manner prescribed by the constitution of the
Company for the giving of notices to members of the Company and the relevant provisions of the constitution of
the Company apply with all necessary modification to notices to Participants.
9 RIGHT TO ACCOUNTS
Participants will be sent all reports and accounts required to be laid before members of the Company in general
meeting and all notices of general meetings of members but will not have any right to attend or vote at those
meetings.
10 ASSIGNMENT OF OPTIONS
Subject to clause 3 of this Schedule, a Participant may not assign or transfer an Option except during a Takeover
Period, in which case the Options may only be transferred by the Participant to the bidder or its nominees in
accordance with the Corporations Act.
11 COMPANY’S RIGHTS NOT WAIVED
The Company’s right to terminate or vary the terms of employment of any Participant shall not be prejudiced
in any way by the Company or any Participant participating in the Plan or anything contained in these Rules or
both. Further, participation in the Plan, the rights or benefits of a Participant under these Rules or the inability or
restricted ability of a Participant to exercise an Option or any of them, shall not be used as grounds for granting
or increasing damages in any action brought by any Participant against the Company whether in respect of any
alleged wrongful dismissal or otherwise.
None of the Company, its directors, officers or employees represents that the Company’s share price will attain,
maintain or exceed the Exercise Price. A Participant who chooses to exercise any Option does so at his own risk in
that he may suffer financial detriment if the Company’s share price falls.
19
12 GOVERNING LAW
This Plan and these Rules shall in all respects be governed by and shall be construed in accordance with the laws
of Western Australia.
13 SEVERANCE
If any provision in these Rules is void, voidable by any party or illegal, it shall be read down so as to be valid and
enforceable or, if it cannot be so read down, the provision (or where possible, the offending words) shall be severed
from these Rules without affecting the validity, legality or enforceability of the remaining provisions (or parts of
those provisions) of these Rules which shall continue in full force and effect.
14 AMENDMENT OF RULES
Subject to and in accordance with the Listing Rules (including any waiver granted under the Listing Rules):
(a) subject to clause 14(b) of this Schedule, the Board may from time to time amend (including the power to
revoke, add to or vary) all or any of the provisions of these Rules in any respect whatsoever, by an instrument
in writing without the necessity of obtaining the prior or subsequent consent of shareholders of the Company
or any Associated Body Corporate in a general meeting; and
(b) the Board may make any amendment to these Rules with retrospective effect as the Board may determine in
good faith, providing that the Board obtains the prior approval of at least 50% of Participants who shall be
adversely affected by the retrospective amendment in relation to Options previously granted to them.
15 SUSPENSION OR TERMINATION OF THE PLAN
The Board may suspend or terminate the Plan at any time, in which case the Company shall not make any further
grants of Options under the Plan during the suspended or terminated period. However, during that period the
Board shall otherwise continue to administer the Plan in accordance with these Rules until all Options have been
exercised or expired.
20
1. Each Option entitles the holder to subscribe for 1 ordinary Share in Ashburton Minerals Ltd ACN 008 894 442
(Company) upon the payment of $0.08.
2. The Options will lapse at 5:00pm Western Standard Time on 1 October 2010 (Expiry Date).
3. The Options are not transferable and will not be listed on the ASX.
4. There are no participating rights or entitlements inherent in these Options and holders of the options will not be
entitled to participate in new issues of capital that may be offered to shareholders during the currency of the
option.
5. Optionholders have the right to exercise their Options prior to the date of determining entitlements to any
capital issues to the then existing shareholders of the Company made during the currency of the Options, and
will be granted a period of at least 10 business days before books closing date to exercise the Options.
6. In the event of any re-organisation (including reconstruction, consolidation, subdivision, reduction or return of
capital) of the issued capital of the Company, the Options will be re-organised as required by the Listing Rules,
but in all other respects the terms of exercise will remain unchanged.
7. The Options shall be exercisable at any time before the Expiry Date (Exercise Period) by the delivery to the
registered office of the Company of a notice in writing (Notice) stating the intention of the Optionholder to
exercise all or a specified number of options held by them accompanied by an Option Certificate and a cheque
made payable to the Company for the subscription monies for the shares. The Notice and cheque must be
received by the Company during the Exercise Period. An exercise of only some Options shall not affect the rights
by the Optionholder to the balance of the Options held by him.
8. The Company shall allot the resultant Shares and deliver a statement of shareholdings with a holders’ identification
number within 5 business days of exercise of the Options.
9. The Shares allotted shall rank, from the date of allotment, equally with the existing Shares of the Company in all
respects.
10. The Company shall make an application to have those Shares allotted pursuant to an exercise of Options listed
for official quotation by the ASX.
There is no right to change the exercise price of the Options nor the number of underlying shares over which the
Options can be exercised, if the Company completes a pro rata issue.
ANNEXURE B
TERMS AND CONDITIONS OF DIRECTOR OPTIONS
21
1. A member entitled to attend and vote at a General Meeting is entitled to appoint not more than two proxies
to attend and vote on their behalf. Where more than one proxy is appointed, such proxy must be allocated a
proportion of the member’s voting rights. If the Shareholder appoints two proxies and the appointment does not
specify this proportion, each proxy may exercise half the votes.
2. A duly appointed proxy need not be a member of the Company. In the case of joint holders, all must sign.
3. Corporate Shareholders should comply with the execution requirements set out on the Proxy Form or otherwise
with the provisions of Section 127 of the Corporations Act. Section 127 of the Corporations Act provides that a
company may execute a document without using its common seal if the document is signed by:
(a) 2 directors of the company;
(b) a director and a company secretary of the company; or
(c) for a proprietary company that has a sole director who is also the sole company secretary – that director.
For the Company to rely on the assumptions set out in Section 129(5) and (6) of the Corporations Act, a document
must appear to have been executed in accordance with Section 127(1) or (2). This effectively means that the
status of the persons signing the document or witnessing the affixing of the seal must be set out and conform
to the requirements of Section 127(1) or (2) as applicable. In particular, a person who witnesses the affixing of
a common seal and who is the sole director and sole company secretary of the company must state that next to
his or her signature.
4. Completion of a Proxy Form will not prevent individual Shareholders from attending the General Meeting in
person if they wish. Where a Shareholder completes and lodges a valid proxy form and attends the General
Meeting in person, then the proxy’s authority to speak and vote for that Shareholder is suspended while the
Shareholder is present at the General Meeting.
5. Where a Proxy Form or form of appointment of corporate representative is lodged and is executed under power
of attorney, the power of attorney must be lodged in like manner as this proxy.
6. A Shareholder of the Company entitled to attend and vote is entitled to appoint not more than two proxies.
Where more than one proxy is appointed, each proxy must be appointed to represent a specified proportion of
the Shareholder’s voting rights. If the Shareholder appoints two proxies and the appointment does not specify
this proportion, each proxy may exercise half of the votes. A proxy need not be a Shareholder of the Company.
ASHBURTON MINERALS LTD
ABN 99 008 894 442
Instructions for Completing ‘Appointment of Proxy’ Form
22
PROXY FORM
APPOINTMENT OF PROXY
ASHBURTON MINERALS LTD
ABN 99 008 894 442
ANNUAL GENERAL MEETING
I/We
being a Member of Ashburton Minerals Ltd entitled to attend and vote at the Annual General Meeting,
hereby
Appoint
Name of proxy
or failing the person so named or, if no person is named, the Chairman of the Annual General Meeting or the Chairman’s
nominee, to vote in accordance with the following directions or, if no directions have been given, as the proxy sees fit
at the General Meeting to be held at The Constitutional Centre, Cnr Havelock St & Parliament Place, West Perth WA
6005, on 24 November 2006 at 9am and at any adjournment thereof. If no directions are given, the Chairman will
vote in favour of all of the resolutions.
Voting on Business of the Annual General Meeting
FOR AGAINST ABSTAIN
Resolution 1 Adoption of Remuneration Report o o o
Resolution 2 Re-Election of Mr Rick Crabb as a Director o o o
Resolution 3 Ratification of Share Issue o o o
Resolution 4 Ratification of Issue of Shares and Options under the
Heads of Agreement signed with Minmet plc o o o
Resolution 5 Employee Share Option Plan o o o
Resolution 6 Issue of Director Options to Mr Tom Dukovcic o o o
Resolution 7 Issue of Director Options to Mr Rodney Dunn o o o
If you do not wish to direct your proxy how to vote, please place a mark in this box
By marking this box, you acknowledge that the Chairman may exercise your proxy even if he has an interest in the
outcome of the resolution and votes cast by him other than as proxy holder will be disregarded because of the interest.
The Chairman will vote in favour of all of the resolutions if no directions are given.
YOU MUST EITHER MARK THE BOXES DIRECTING YOUR PROXY HOW TO VOTE OR MARK THE BOX INDICATING THAT
YOU DO NOT WISH TO DIRECT YOUR PROXY HOW TO VOTE, OTHERWISE THIS APPOINTMENT OF PROXY FORM WILL
BE DISREGARDED.
If you mark the abstain box for a particular item, you are directing your proxy not to vote on that item on a show of
hands or on a poll and that your shares are not to be counted in computing the required majority on a poll.
Signed this day of 2006
By:
Individuals and joint holders Companies (affix common seal if appropriate)
Signature
Signature
Signature
Director
Director/Company Secretary
Sole Director and

[Gelfling]

Teil II
=======


By:
Individuals and joint holders Companies (affix common seal if appropriate)
Signature
Signature
Signature
Director
Director/Company Secretary
Sole Director and Sole Company Secretary
A S H B U R TO N ASHBURTON MINERALS LTD
Level 2, 35 Havelock Street West Perth WA 6005
PO Box 517, West Perth WA 6872
T: [phone] F: [phone]
[e-mail]
www.ashburton-minerals.com.au
ABN 99 008 894 442
ASHBURTON MINERALS LTD
ANNUAL REPORT 2006
Directors
Rick CRABB
(Non-Executive Chairman)
Tom DUKOVCIC
(Managing Director)
Rodney DUNN
(Executive Director)
Compan y Secretar y
Kim MASSEY
Registered Office
Level 2
35-37 Havelock Street
WEST PERTH WA 6005
Telephone: [phone]
Facsimile: [phone]
Principal Place of Busines
Level 2
35-37 Havelock Street
WEST PERTH WA 6005
Telephone: [phone]
Facsimile: [phone]
Website: www.ashburton-minerals.com.au
Solicitors
Blakiston & Crabb
1202 Hay Street
WEST PERTH WA 6005
Telephone: [phone]
Facsimile: [phone]
Auditors
Moore Stephens Chartered Accountants
Level 3
12 St Georges Terrace
PERTH WA 6000
Telephone: [phone]
Facsimile: [phone]
Country of Incorporation
Australia
Share Registry
Security Transfer Registrars Pty Ltd
770 Canning Highway
APPLECROSS WA 6153
Telephone: [phone]
Facsimile: [phone]
Home Exchange
Australian Stock Exchange Limited
Exchange Plaza
2 The Esplanade
PERTH WA 6000
ASX Code: ATN, ATNO
CORPORATE DIRECTORY
L to R: Tom Dukovcic, Rick Crabb, Rodney Dunn
ASHBURTON MINERALS LTD 2006
CHAIRMAN’S REPORT 2
REVIEW OF OPERATIONS 3
TENEMENT SCHEDULE 7
DIRECTORS’ REPORT 8
AUDITORS INDEPENDENCE DECLARATION 17
FINANCIAL STATEMENTS
Income Statement 18
Balance Sheet 19
Statement of changes in equity 20
Cashflow Statement 22
Notes to and forming part of the Financial Statements 23
DIRECTORS’ DECLARATION 54
INDEPENDENT AUDIT REPORT TO THE MEMBERS 55
CORPORATE GOVERNANCE STATEMENT 57
SUPPLEMENTARY ASX INFORMATION 62
CONTENTS
ASHBURTON MINERALS LTD 2006
During the year your Company continued to focus its
energies on acquisition and the evaluation of mineral
exploration opportunities in Brazil.
Brazil has a long established mining history and
is traditionally a large exporter of key industrial
commodities such as iron, aluminium and petroleum.
However, it also exports significant quantities of a
diverse range of other substances which attest to
its general mineral wealth. These include niobium,
tantalum, copper, gold, ornamental stone, phosphate,
manganese, nickel and kaolin. In fact, in 2005, Brazil
was the world’s largest producer of niobium and ranked
second in the production of iron, aluminium, manganese
and tantalum1.
Yet, for a country one third larger than Australia,
investment in mineral exploration in Brazil in 2005 was
one-quarter of that in Australia, being US$162 million
versus US$615 million. This immediately demonstrates
the potential for return on investment.
Brazil remains a relatively minor producer of gold, in
terms of world rankings, having produced around 40
tonnes (approximately 1.3 million ounces) of gold
in 2005, whereas Australia, ranked 2nd, produced
around 254 tonnes (8.2 million ounces). This further
underlines the potential for growth of Brazil’s gold
industry, being a direct function of investment dollars
(geologically, potential is considered significant). Of
Brazil’s gold production in 2005, 80% was produced by
mining companies, and a substantial 20%, or 250,000
ounces, was produced by private, or garimpeiro, mining
operations.
Your Company’s activities are mainly centred in the state
of Mato Grosso in central west Brazil. Mato Grosso has
a gold mining history dating to the Portuguese pioneers
in the late 1700s. Today, garimpeiro gold production
from the State is the second largest in the country, at
around 45,000 ounces per annum. However, modern,
company-scale mining in the state is almost nonexistent.
There is a clear opportunity to fill this void through
the application of modern exploration techniques and
knowledge to areas of significant gold mineralisation,
for example as demonstrated by areas of widespread
and long-lived garimpeiro activity. One such region is
the Cuiaba-Pocone district, where the Company has
decided to initially focus its efforts.
During the year the Company continued with further
drill testing of tailings sands in the Pocone area,
completed a drilling program over the Lavrinha prospect
in the west of the state, and secured a large landholding
in the Cuiaba area through a joint venture with AIMlisted
Minmet plc. In addition, the Company has been
evaluating opportunities in other states and in other
commodities in its ongoing quest for quality projects
that have the potential to provide a major discovery
and attendant benefits for shareholders.
The past 24 months has been a period of consolidation
for the Company in its Brazilian quest. Much has now
been learnt by management concerning operating in
Brazil and a strong team of in-country consultants and
contacts established. The Directors consider that the
coming years will see the Company benefit from the
foundations now established.
R Crabb
Chairman
CHAIRMAN’S REPORT
1 Source: Mineral Business: Investor’s Guide in Brazil. Ed. Antonio Fernando da Silva Rodrigues. Brasilia-DF: DNPM, 2006.
ASHBURTON MINERALS LTD 2006
During the year under review the Company’s main
activities were the evaluation of gold prospects in
Brazil, which included the further assessment of
artisinal tailings deposits and the building of a portfolio
of ‘hard rock’ gold projects primarily in the state of
Mato Grosso.
The Company’s activities were funded from the proceeds
of the sale in October 2005 of Wirralie Mines Pty Ltd
and that company’s tenements in NE Queensland. The
Company further reduced its tenement portfolio in
Australia by returning its East Kimberley tenements
to its various joint venture partners and minority
interest holders, having been unable to attract a farmin
partner.
The Company retains a presence in Australia through its
holdings in the Ashburton region of Western Australia
where it holds two exploration licences and has a
further two licences under application.
BRAZIL EXPLORATION
Overview
Ashburton undertakes its Brazilian activities through
its wholly owned subsidiary Trans Pacific Gold Pty
Ltd (“TPG”) and that company’s Brazilian registered
subsidiary Trans Pacific Gold Mineracao
Limitada (“TPGM”). In Brazil, the Company
is involved in five main projects as detailed
below.
In the state of Mato Grosso:
• Cuiaba Gold Project
• Pocone Tailings JV
• Pocone Town Leases
• Geomin Pontes e Lacerda JV
In the state of Goias:
• Mina Inglesa
In February 2006 the Company acquired a 50% interest
in drilling contractor Transdrill Pty Ltd, the Company’s
drilling contractor in Brazil. The acquisition provides
security of access to an exploration drilling rig in a
country where such equipment is scarce. Access to a
drill rig is particularly critical in evaluating advanced
projects, which is the Company’s primary interest.
Cuiaba Gold Project
The Cuiaba Gold Project was created in May 2006 when
the Company signed a heads of agreement with AIMlisted
Minmet plc under which TPGM would earn a 75%
interest in a portfolio of ten tenements in the Cuiaba
area held by Minmet’s Brazilian subsidiary Mineradora
de Bauxita Limitada (“MBL”). Minmet provided the
Company with an extensive database including data
from an airborne geophysical survey, the extent of
which, being approximately 6,000 km2, defines the area
of the Cuiaba Gold Project.
Under the agreement, Ashburton issued to Minmet
1,609,332 fully paid ordinary shares and 500,000 free
unlisted options, exercisable at 15 cents each by 30 June
2009. To earn a 75% interest in the MBL tenements,
the Company must spend A$800,000 on exploration on
the Cuiaba Gold Project within a three year period.
Initial work over this area was concerned with the study
and reinterpretation of the MBL data, and this work is
expected to continue into the next year. Work to date
has already highlighted target areas which TPGM has
secured by way of new tenement applications. Current
efforts are directed towards identifying drilling targets
for testing prior to the upcoming wet season, with
initial work commencing at the Tanque Belo tailings in
October.
REVIEW OF OPERATIONS
Ourinhos Gold Workings and Tailings
ASHBURTON MINERALS LTD 2006
The Cuiaba-Pocone region is
defined by numerous prospectorscale
(“garimpeiro”) gold workings
over a strike length of in excess of
150 km within folded and weakly
metamorphosed Proterozoic
sediments. Current private-scale
mining activity is centred on the
exploitation of narrow quartz veins
and sometimes adjacent wall rock.
The Company’s exploration targets
include this style of mineralisation
but are primarily directed towards
large, low grade disseminated gold
deposits of the Carlin type and
Paracatu type, which are typically of
the order of several million ounces in
size.
The Paracatu (or Morro do Ouro)
Mine in eastern Brazil exploits a very
large low-grade deposit with proved
and probable reserves of almost one
billion tonnes @ 0.44 g/t containing
13 million ounces of gold. In the
Paracatu model, gold is concentrated
from the surrounding sediments
by metamorphic alteration and
deposited in high strain zones related
to regional thrust faulting.
The structural setting at Cuiaba is identical to that at
Paracatu. However, all the exploration to date appears
to have focused on the small-tonnage vein deposits.
The Company believes that the widespread occurrence
of gold over such a large area, coupled with favourable
geology and structure, makes the Cuiaba area extremely
prospective for Paracatu-type gold deposits.
Through holdings in its own right, joint ventures and
strategic associations, the Company has now secured
control of the majority of the prospective zones within
the Cuiaba-Pocone belt.
In general, very little modern exploration has been
completed in the Cuiaba-Pocone area. As a result, the
Company has an exciting opportunity to take advantage
of its early strategic position by implementation of a
systematic and purposeful exploration approach.
Pocone To wn Leases
These comprise 18 small tenements held by TPGM.
The tenements are scattered within the Pocone town
mining area and variously contain tailings and small
scale historical gold workings. The tenements are an
adjunct to both the Tailings JV and the Cuiaba Gold
Project.
Tailings Joint Venture
The tailings Joint Venture applies to ground within
a 60 km radius of the town of Pocone, and a 20 km
radius around the town of Crixas in Goias state. Within
these areas, Areias Douradas Pty Ltd, a wholly owned
subsidiary of Cougar Metals NL, holds a 25% carried
interest in any tailings sands acquired by TPGM.
REVIEW OF OPERATIONS
ASHBURTON MINERALS LTD 2006
The Pocone area contains large volumes of artisinal
tailings sands which may potentially support an
economic reprocessing operation. All of the private
mining operations in the area recover the gold by
means of gravity concentration followed by extraction
of the gold from the concentrate with mercury to form
an amalgam that is subsequently smelted to release the
gold. In this primitive process the ore is not treated
with cyanide.
TPGM is currently evaluating a series of tailings dams
in the Ourinhos area, some 20 km north of Pocone.
Ourinhos is a 10 km zone of open pit gold workings,
some of which reach 50 m in depth. The tailings at
Ourinhos are stored mostly within rock-walled dams
with lesser volumes found as uncontained mounds of
older, coarser sands. The volume of tailings contained
in dams at Ourinhos is approximately 2.2 million cubic
metres (or, 3.74 million tonnes at an assumed bulk
density of 1.7 t/m3). Additional unquantified tailings
sands are contained within the MBL tenements and
within the TPGM tenements and applications and at
other sites of gold mining activity in the region to which
the Company will be negotiating access rights.
Four of the Ourinhos dams have been aircore drilled by
TPGM to date utilising the Transdrill rig. Samples from
the last three dams drilled are currently in the laboratory,
with half of the samples (310 samples) submitted for
gold analysis by aqua regia digest through a Brazilian
laboratory, and the other half (310 samples) shipped to
Perth, Western Australia for analysis of gold by the bulk
cyanide leach method. These results are being awaited.
Depending on recoveries, tailings grades as low as 0.4
g/t may prove economic if present in sufficiently large
volumes.
Pontes e Lacerda
At the Pontes e Lacerda area in western Mato Grosso,
TPGM has a joint venture with Geomin Geologia e
Mineracao Limitada (“Geomin”) over six tenements
which include the Lavrinha prospect where drilling in
the mid 1990s identified high grade gold mineralisation
(eg, 4 m @ 19.22 g/t). The Company is awaiting
the results of a recently completed drilling program
at Lavrinha aimed at testing for extensions of this
mineralisation along strike.
REVIEW OF OPERATIONS
Lavrinha prospect garimpeiro workings
Drilling tailings at Ourinhos
ASHBURTON MINERALS LTD 2006
Mina Inglesa, Crixas
In the state of Goias, TPGM is still
awaiting official confirmation
from the local environmental
agency that TPGM will not be held
responsible for the rehabilitation
of pre-existing land disturbances
over the Mina Inglesa tenement.
Due to the extensive historical and
garimpeiro mining activity on this
site, TPGM will not commence work
until this undertaking is provided
by the government authorities. The
tenement contains a large volume
of old tailings sands as well as the
historical Mina Inglesa gold mine
where previous limited drilling
recorded intercepts of up to 2.9
m @ 14.88 g/t and underground
sampling returned results of 3 m @ 19.83 g/t and 0.7
m @ 66.06 g/t.
The tenement is located in Archaean greenstone rocks
some 5 km NW of the Crixas gold operation of Mineracao
Serra Grande, which produces 200,000 ounces of gold
per annum.
Project Evaluation
The Company is continually reviewing new opportunities
in Brazil, both in gold and other commodities such as
iron ore, as it seeks to build a valuable portfolio of
advanced projects which have the potential to bring/
add significant benefit/value to shareholdears.
AUSTRALIA EXPLORATION
Ashburton Region, WA
The Company holds two exploration licences and has a
further two licences under application in the Ashburton
and northern Gascoyne regions of Western Australia.
This ground is at an early stage of exploration, and
has been acquired on the basis of its conceptual
prospectivity for gold and base metal mineralisation.
REVIEW OF OPERATIONS
Mina Inglesa pit and garimpeiro workings
ASHBURTON MINERALS LTD 2006
TENEMENT SCHEDULE
PROJECT GROUP TENE MENT GRANT DATE H OLDER NAME ASHBURT ON GROUP EQUITY (%)
AUSTRALIAA
shburton, WA E08/924 08.04.97 Ashburton Gold Mines NL 100
E08/1304 11.04.03 “ “
E08/1613 Application “ “
Gascoyne, WA E09/1308 Application “ “
BRAZIL, Goias State
Mina Inglesa 860.998 2005 Trans Pacific Gold 100
Mineracao Ltda (“TPGM”)
BRAZIL, Mato Grosso State
Cuiaba Gold Project 867.707 1995 Mineradora de Bauxita Ltda TPGM earning 75%
867.740 1995 “ “
867.878 1996 “ “
867.880 1996 “ “
869.987 1997 “ “
866.094 1998 “ “
866.265 2003 “ “
866.470 2003 “ “
866.094 2004 “ “
866.095 2004 “ “
866.574 Application TPGM 100
866.575 “ “ “
866.579 “ “ “
866.580 “ “ “
866.581 “ “ “
866.582 “ “ “
866.583 “ “ “
866.614 “ “ “
Pocone Town Leases 866.765 2005 TPGM 100
866.766 “ “ “
866.767 “ “ “
866.768 “ “ “
866.769 “ “ “
866.013 “ “ “
866.015 “ “ “
866.016 “ “ “
866.017 “ “ “
866.018 “ “ “
866.020 “ “ “
866.022 “ “ “
866.023 “ “ “
866.024 “ “ “
866.025 “ “ “
866.026 “ “ “
866.887 “ “ “
866.888 “ “ “
Geomin: Pontes e Lacerda 866.276 2001 Geomin (and associates) TPGM earning 77.5%
Joint Venture 866.148 2003 “ “
866.369 2003 “ “
867.089 2005 “ “
866.613 2005 “ “
867.273 2005 “ “
866.086 Application TPGM 100
866.087 “ “ “
866.088 “ “ “
866.089 “ “ “
866.090 “ “ “
866.091 “ “ “
866.092 “ “ “
866.093 “ “ “
966.095 “ “ “
866.096 “ “ “
ASHBURTON MINERALS LTD 2006
DIRECTORS’ REPORT
Your Directors present their report on the Company and
its Controlled Entities for the financial year ended 30
June 2006.
DIRECTORS
The names of the Directors in office and at any time
during, or since the end of, the year are:
Mr Rick Crabb
Mr Tom Dukovcic
Mr Rodney Dunn
Directors have been in office since the start of the
financial year to the date of this report unless otherwise
stated.
COMPANY SECRETAR Y
The following person held the position of Company
Secretary at the end of the financial year:
Mr Kim Massey – BA, BCom, CA. Mr. Massey is
a chartered accountant and senior executive of
Grange Consulting, where he specialises in Corporate
Advisory and Financial Management Services. Kim
has considerable corporate experience particularly
in the mining industry, working for a number of ASX
listed companies, gaining extensive exposure to mining
operations and exploration activities.
PRINCIPAL ACTIVITIES
The principal activity of the Economic Entity during the
financial year was mineral exploration.
The following significant changes in the nature of the
principal activities occurred during the financial year:
the Economic Entity purchased a 50% interest in
drilling contractor Transdrill Pty Ltd; and
the Economic Entity disposed of its wholly owned
subsidiary Wirralie Mines Pty Ltd.
OPERATIN G RESULTS
The consolidated loss of the Economic Entity for the
financial year after providing for income tax amounted
to $2,481,106 (2005: $2,078,062).
DIVIDENDS PAID OR RECOMMENDED
The Directors recommend that no dividend be paid for
the year ended 30 June 2006, nor have any amounts
been paid or declared by way of dividend since the end
of the previous financial year.
•
•
REVIEW OF OPERATI ONS
During the year under review the Company’s main
activities were the evaluation of gold prospects in
Brazil, which included the further assessment of
artisinal tailings deposits and the building of a portfolio
of ‘hard rock’ gold projects primarily in the state of
Mato Grosso.
The Company’s activities were funded from the proceeds
of the sale in October 2005 of Wirralie Mines Pty Ltd
and that company’s tenements in NE Queensland. The
Company further reduced its tenement portfolio in
Australia by returning its East Kimberley tenements to
its various joint venture partners and minority interest
holders, having been unable to farm out the properties
to new parties.
The Company retains a presence in Australia through its
holdings in the Ashburton region of Western Australia
where it holds two exploration licences and has a
further two licences under application.
In February 2006 the Company acquired a 50% interest
in drilling contractor Transdrill Pty Ltd, the Company’s
drilling contractor in Brazil. The acquisition provides
security of access to an exploration drilling rig in a
country where such equipment is scarce.
Ashburton undertakes its Brazilian activities through
its wholly owned subsidiary Trans Pacific Gold Pty
Ltd (“TPG”) and that company’s Brazilian registered
subsidiary Trans Pacific Gold Mineracao Limitada
(“TPGM”). In Brazil, the Company is involved in five
main projects as detailed below.
In the state of Mato Grosso:
Cuiaba Gold Project
Pocone Tailings JV
Pocone Town Leases
Geomin Pontes e Lacerda JV
In the state of Goias:
Mina Inglesa
The Cuiaba Gold Project was created in May 2006 when
the Company signed a heads of agreement with AIMlisted
Minmet plc under which TPGM would earn a 75%
interest in a portfolio of ten tenements in the Cuiaba
area held by Minmet’s Brazilian subsidiary Mineradora
de Bauxita Limitada (“MBL”). In addition, Minmet
passed over to the Company an extensive dataset
including data from an airborne geophysical survey,
•
•
•
•
•
ASHBURTON MINERALS LTD 2006
the extent of which, being approximately 6,000 km2,
defines the area of the Cuiaba Gold Project.
Under the agreement, Ashburton issued to Minmet
1,609,332 fully paid ordinary shares and 500,000 free
unlisted options, exercisable at 15 cents each by 30 June
2009. To earn a 75% interest in the MBL tenements,
the Company must spend A$800,000 on exploration on
the Cuiaba Gold Project within a three year period.
Initial work over this area was concerned with the study
and reinterpretation of the MBL data, and this work is
expected to continue into the next year. Work to date
has already highlighted target areas which TPGM has
secured by way of new tenement applications. Current
efforts are directed towards identifying drilling targets
for testing prior to the upcoming wet season.
The Cuiaba-Pocone region is defined by numerous
prospector-scale gold workings over a strike length
of in excess of 150 km within folded and weakly
metamorphosed Proterozoic sediments. Current privatescale
mining activity is centred on the exploitation of
narrow quartz veins and adjacent wall rock.
The Company’s exploration targets include this style of
mineralisation but are primarily directed towards large,
low grade disseminated gold deposits of the Carlin type
and Paracatu type, which are typically of the order of
several million ounces in size.
Very little modern exploration has been completed in the
area, with practically no systematic work undertaken.
As a result, the area remains largely unexplored and the
Company has an exciting opportunity to take advantage
of its early strategic position in the area by applying a
systematic and deliberate exploration approach.
The Pocone Town Leases comprise 18 small tenements
held by TPGM. The tenements are scattered close to
the town of Pocone and variously contain tailings and
small scale historical gold workings and are an adjunct
to both the Tailngs JV and the Cuiaba Gold Project.
The Tailings Joint Venture applies to ground within
a 60 km radius of the town of Pocone, within which
Areias Douradas Pty Ltd, a wholly owned subsidiary of
Cougar Metals NL, holds a 25% carried interest in any
tailings sands acquired by TPGM. In the state of Goias
the Tailings JV applies to an area within a 20 km radius
of the town of Crixas.
The Pocone area contains large volumes of artisinal
tailings sands which may potentially support an
economic reprocessing operation. All of the private
mining operations in the area recover the gold by
means of gravity concentration followed by extraction
of the gold from the concentrate with mercury to form
an amalgam that is subsequently smelted to release the
gold. In this primitive process the ore is not treated
with cyanide.
TPGM is currently evaluating a series of tailings dams
in the Ourinhos area, some 20 km north of Pocone.
Ourinhos is a 10 km zone of open pit gold workings,
some of which exceed 50 m in depth. The tailings at
Ourinhos occur mostly within rock-walled dams with
lesser volumes found as uncontained mounds of older,
coarser sands. The volume of tailings contained in dams
at Ourinhos is approximately 2.2 million cubic metres
(or, 3.74 million tonnes at an assumed bulk density
of 1.7 t/m3). Further, unquantified, tailings sands are
contained within the MBL tenements and within the
TPGM tenements and applications. Additional tailings
sands are present at other sites of gold mining activity
in the region to which the Company will be negotiating
access rights.
Four of the Ourinhos dams have been aircore drilled by
TPGM to date utilising the Transdrill rig. Samples from
the last three dams drilled are currently in the laboratory,
with half of the samples (310 samples) submitted for
gold analysis by aqua regia digest through a Brazilian
laboratory, and the other half (310 samples) shipped
to Perth, Western Australia for analysis of gold by the
bulk cyanide leach method. Depending on recoveries,
tailings grades as low as 0.4 g/t may prove economic if
present in sufficiently large volumes.
At the Pontes e Lacerda area in western Mato Grosso
TPGM has a joint venture with Geomin Geologia e
Mineracao Limitada (“Geomin”) over six tenements
which include the Lavrinha prospect where drilling in the
mid 1990s identified high grade gold mineralisation (eg,
4 m @ 19.22 g/t). The Company is awaiting the results
of a recently completed drilling program at Lavrinha
aimed at testing for extensions of the mineralised zone
along strike.
In the state of Goias, TPGM is still awaiting official
confirmation from the local environmental agency that
TPGM will not be held responsible for the rehabilitation
of pre-existing land disturbances over the Mina
Inglesa tenement. Due to the extensive historical and
garimpeiro mining activity on this site, TPGM will not
commence work until this undertaking is provided by the
DIRECTORS’ REPORT
10 ASHBURTON MINERALS LTD 2006
government authorities. The tenement contains a large
volume of old tailings sands as well as the historical Mina
Inglesa gold mine where previous limited drilling recorded
intercepts of up to 2.9 m @ 14.88 g/t and underground
sampling returned results of 3 m @ 19.83 g/t and 0.7 m
@ 66.06 g/t.
The Company is continually reviewing new opportunities
in Brazil, both in gold and other commodities such as iron
ore, as it seeks to build a valuable portfolio of advanced
projects which have the potential to progress to resource
status in a relatively short time.
FINANCIAL POSITION
The net assets of the Economic Entity have decreased
by $2,317,340 from $6,314,124 at 30 June 2005 to
$3,996,784 in 2006. This decrease has largely resulted
from the disposal of Wirralie Mines Pty Ltd.
The Directors believe the group is in a strong and
stable financial position to expand and grow its current
operations.
SIGNIFICANT CHANGES IN STATE OF AFFAIRS
The following significant changes in the state of affairs of
the Parent Entity occurred during the financial year:
On 12 July 2005 the Company issued 639,625
ordinary shares as full repayment of a loan at a
deemed issue price of 8 cents;
On 12 October 2005 the Economic Entity disposed of
its wholly owned subsidiary Wirralie Mines Pty Ltd;
On 22 February 2006 the Economic Entity purchased
a 50% interest in drilling contractor Transdrill Pty
Ltd; and
On 8 May 2006 the Company issued 1,609,332
ordinary shares at a deemed issue price of 6.2 cents
and 500,000 options in consideration for an option
agreement over the Cuiaba Gold Project.
•
•
•
•
ADOPTION OF AUSTRALIAN EQUIVALENTS
TO IFRS
As a result of the introduction of Australian equivalents
to International Financial Reporting Standards (AIFRS),
the Company’s financial report has been prepared in
accordance with those standards. A reconciliation of
adjustments arising on the transition to AIFRS is included
in Note 2 to this report.
AFTER BALANCE DATE EVENTS
No matters or circumstances have arisen since the end
of the financial year which significantly affected or may
significantly affect the operations of the Economic Entity,
the results of those operations, or the state of affairs of
the Economic Entity in future financial years.
FUTURE DEVELOPMENTS, PROSPECTS AND BUSINES
STRATE GIES
The Company will continue with its present strategy of
investment in and exploration of advanced and prospective
mineral projects primarily in Brazil, but also in Australia.
The nature of the Company’s business is speculative and
the board considers that comments on expected results
or success of this strategy are not considered appropriate
or in the best interests of the Company.
ENVIRONMENTAL ISUES
The Economic Entity’s operations are not regulated by
any significant environmental regulation under a law of
the Commonwealth or of a state or territory.
While environmental regulations in Brazil are not as
sophisticated as in Australia, the Company intends
applying world’s best practice to all of its activities in that
country, especially in regard to environmental issues.
DIRECTORS’ REPORT
ASHBURTON MINERALS LTD 2006 11
INFORMATI ON ON DIRECTORS
Mr Rick Crabb - Chairman (Non-executive).
Qualifications - BJuris (Hons), LLB, MBA.
Experience - Mr Crabb is a lawyer and formerly a consultant with legal
practice Blakiston & Crabb. He specialises in mining, corporate and
commercial law and has had extensive experience in legal issues
arising in resource development, including contract negotiation and
financing. He is a director of several listed companies and brings to
the Board valuable legal, corporate and mining experience.
Interest in Shares and Options - Mr Crabb holds 132,168 ordinary shares and 17,862 options.
Directorships held in other listed entities - During the past three years Mr Crabb’s directorships in other listed
entitles are as a current director of Alcaston Mining NL from 22
August 2001, Otto Energy Ltd from 19 November 2004, Paladin
Resources Ltd from 8 February 1994, Port Bouvard Ltd from
2 December 1996, Thundelarra Exploration Ltd from 8 September
2003, Royal Resources from 23 February 2004 and as a former
director of ST Synergy Ltd from 28 September 2001 to 6 May 2005
and Deep Yellow Ltd from 11 April 2003 to 20 August 2004.
Mr Tom Dukovcic - Managing Director (Executive).
Qualifications - BSc (Hons) MAIG
Experience - Mr Dukovcic is a geologist with over 20 years experience in
exploration and development. He has worked in a
variety of regions in Australia, which include the Yilgarn, the
Kimberley and NE Queensland and was involved in the investigation
of gold opportunities in southeast Asia. Mr Dukovcic has been
directly involved with the management of gold discoveries at various
locations in Western Australia, including Transvaal, Cuddingwarra
and Leonora. Mr Dukovcic is a director of several private mineral
exploration companies and brings valuable exploration, geological
and management expertise to the Board.
Interest in Shares and Options - Mr Dukovcic holds 601,126 ordinary shares and 91,020 options.
Mr Rodney Dunn - Director (Executive)
Experience - Mr Dunn has been actively involved in the mining industry for
approximately 24 years. Mr Dunn (together with Mr Crabb) was a
founding director of the successful Gasgoyne Gold Mines NL. He
is also a director of a number of private companies involved in
mineral exploration. Mr Dunn brings valuable corporate and
contract management experience to the Board.
Interest in Shares and Options - Mr Dunn holds 3,441,678 ordinary shares and 567,364 options.
DIRECTORS’ REPORT
12 ASHBURTON MINERALS LTD 2006
REMUNERATI ON REPORT
This report details the nature and amount of
remuneration for each Director of Ashburton Minerals
Limited.
Remuneration Policy
The remuneration policy of Ashburton Minerals Limited
has been designed to align director and executive
objectives with shareholder and business objectives by
providing a fixed remuneration component and offering
specific long-term incentives based on key performance
areas affecting the Economic Entity’s financial results.
The Board of Ashburton Minerals Limited believes the
remuneration policy to be appropriate and effective in
its ability to attract and retain appropriate executives
and directors to run and manage the Economic Entity,
as well as create goal congruence between directors,
executives and shareholders.
The Board’s policy for determining the nature and
amount of remuneration for board members and
senior executives of the Company is as follows:
The remuneration policy, setting the terms and
conditions for the executive directors and other
senior executives, was developed and approved by
the board.
Non-executive directors, executive directors and
senior executives receive a base salary (which is
based on factors such as length of service and
experience), which is calculated on a total cost basis
and includes any FBT charges related to employee
benefits including motor vehicles, as well as employer
contributions to superannuation funds.
Executive directors can be employed by the Company
on a consultancy basis, on board approval, with
remuneration and terms stipulated in individual
consultancy agreements.
The board reviews executive packages annually by
reference to the Company’s performance, executive
performance and comparable information from
industry sectors and other listed companies in similar
industries. In addition external consultants may be
used to provide analysis and advice to ensure the
directors and senior executives’ remuneration is
competitive in the market place.
Directors and senior executives receive a
superannuation guarantee contribution required
by the government, which is currently 9%, and do
not receive any other retirement benefits. Some
individuals, however, may choose to sacrifice
part of their salary to increase payments towards
superannuation.
All remuneration paid to directors and executives is
valued at the cost to the Company and expensed.
Shares given to directors and executives are valued
as the difference between the market price of
those shares and the amount paid by the director
or executive. Options are valued using the Black-
Scholes methodology.
The board policy is to remunerate non-executive
directors at market rates for comparable companies
for time, commitment and responsibilities. The
Board determines payments to the non-executive
directors and reviews their remuneration annually,
based on market practice, duties and accountability.
Independent external advice is sought when required.
The maximum aggregate amount of fees that can be
paid to non-executive directors is subject to approval
by shareholders at the Annual General Meeting. Fees
for non-executive directors are not linked to the
performance of the Economic Entity. The Directors
are not required to hold any shares in the Company
under the Constitution of the Company, however, to
align directors’ interests with shareholder interests,
the directors are encouraged to hold shares in the
Company.
The Board believes that it has implemented suitable
practices and procedures that are appropriate for an
organisation of this type and size.
Remuneration Committee
During the year ended 30 June 2006, the Economic
Entity did not have a separately established nomination
or remuneration committee. Considering the size of the
Economic Entity and the number of directors, the Board
is of the view that these functions could be efficiently
performed with full Board participation.
Remuneration Structure
In accordance with best practice corporate governance,
the structure of non-executive director and senior
manager remuneration is separate and distinct.
DIRECTORS’ REPORT
ASHBURTON MINERALS LTD 2006 13
Non-Executive Director Remuneration
Objective
The Board seeks to set aggregate remuneration at a level
which provides the Economic Entity with the ability to
attract and retain directors of the highest calibre, whilst
incurring a cost which is acceptable to shareholders.
Structure
The Board policy is to remunerate non-executive
directors at market rates for comparable companies
for time, commitment and responsibilities. The
remuneration of non-executive directors is reviewed
annually, based on market practice, duties and
accountability. Independent external advice is sought
when required. The maximum aggregate amount
of fees that can be paid to non-executive directors
is subject to approval by shareholders at the Annual
General Meeting. Fees for non-executive directors are
not linked to the performance of the Economic Entity.
However, to align directors’ interests with shareholders’
interests, the directors are encouraged to hold shares in
the Company.
Non-executive directors receive a base salary (which
is based on factors such as length of service and
experience), which is calculated on a total cost basis
and includes any FBT charges related to employee
benefits including motor vehicles, as well as employer
contributions to superannuation funds.
The Directors have resolved that non-executive
directors’ fees are $36,000 per annum for each nonexecutive
director and $36,000 per annum for the
non-executive Chairman. Non-executive Directors may
also be remunerated for additional specialised services
performed at the request of the Board and reimbursed
for reasonable expense incurred by directors on
Company business.
Senior Manager and Executive Director
Remuneration
Objective
The Company aims to reward executives with a level and
mix of remuneration commensurate with their position
and responsibilities within the Company as to:
Align the interests of executives with those of
shareholders;
Link reward with the strategic goals and
performance of the Company; and
Ensure total remuneration is competitive by market
standards
Structure
Executive directors are provided with a base salary
(which is based on factors such as length of service
and experience), which is calculated on a total cost
basis and includes any FBT charges related to employee
benefits including motor vehicles, as well as employer
contributions to superannuation funds.
•
•
•
DIRECTORS’ REPORT
14 ASHBURTON MINERALS LTD 2006
Company Performance, Shareholder Wealth and Directors’ and Executives’ Remuneration
The table below shows the gross revenue, losses and earnings per share for the last five years for the listed Entity.
2002 2003 2004 2005 2006
$ $ $ $ $
Revenue 401,876 126,849 156,035 196,049 118,170
Net Loss (1,842,679) (854,464) (432,055) (2,078,062) (2,481,106)
Earnings Per Share (cents) (0.79) (0.28) (0.78) (2.68) (3.17)
Details of Remuneration
The remuneration for each director of the Economic Entity during the year was as follows:
2006 S alary, Fees S uperannuation Cash Other Options T otal Performance
and Commissions Contribution B onus R elated
$ $ $ $ $ $ %
Directors
Mr Rick Crabb 33,000 2,970 - - - 35,970 -
Mr Tom Dukovcic 170,000 15,300 - - - 185,300 -
Mr Rodney Dunn 125,000 11,250 - - - 136,250 -
328,000 29,520 - - - 357,520 -
There were no other key management personnel during the year.
2005 S alary, Fees S uperannuation Cash Other E quity T otal Performance
and Commissions Contribution B onus S hares R elated
$ $ $ $ $ $ %
Directors
Mr Rick Crabb 36,000 3,240 - - - 39,240 -
Mr Tom Dukovcic 173,269 15,595 - 8,096 - 196,960 -
Mr Rodney Dunn 127,504 11,475 - - - 138,979 -
-
336,773 30,310 - 8,096 - 375,179 -
Options issued as part of remuneration for the year ended 30 June 2006
There were no options issued or shares issued on the exercise of such options to directors and executives as part of
their remuneration.
Employment Contracts of Directors and Other Key Management Personnel
There are currently no employment contracts in place between the Company and Executive Directors.
DIRECTORS’ REPORT
ASHBURTON MINERALS LTD 2006 15
MEETINGS OF DIRECTORS
During the financial year, 6 meetings of directors
(including committees of directors) were held.
Attendances by each director during the year were as
follows:
B oard Meetings
Director A ttended H eld
Mr Rick Crabb 6 6
Mr Tom Dukovcic 6 6
Mr Rodney Dunn 6 6
INDEMNIFYING OFFICERS OR AUDITOR
The Company has not, during or since the financial year,
in respect of any person who is or has been a director,
officer or auditor of the Company or a related body
corporate:
Indemnified or made any relevant agreement for
indemnifying against a liability incurred as a director,
officer or auditor, including costs and expenses in
successfully defending legal proceedings; or
Paid or agreed to pay a premium in respect of a
contract insuring against a liability incurred as a
director, officer or auditor for the costs or expenses
to defend legal proceedings.
OPTIONS
At the date of this report, the unissued ordinary shares
of Ashburton Minerals Limited under option are as
follows:
•
•
DIRECTORS’ REPORT
Grant Date D ate of Expiry E xercise Price N umber Under-Option
23 April 2004 31 March 2007 $0.32 12,132,363
17 September 2004 06 September 2007 $0.25 5,000,000
08 May 2006 30 June 2009 $0.15 500,000
17,632,363
During the year ended 30 June 2006, no ordinary shares of
Ashburton Minerals Limited were issued on the exercise
of options. No further shares have been issued since that
date. No amounts are unpaid on any of the shares.
CORPORATE GOVERNANCE
In recognising the need for a high standard of corporate
behaviour and accountability, the Directors of Ashburton
Minerals Limited support and have adhered to the
principles of Corporate Governance. The Company’s
corporate governance statement is contained in the
Corporate Governance section of the Financial Report.
NON-AUDIT SERVICES
The Board of Directors are satisfied that the provision of
non-audit services during the year is compatible with the
general standard of independence for auditors imposed
by the Corporations Act 2001. The directors are satisfied
that the services disclosed below did not compromise
the external auditor’s independence for the following
reasons:
all non-audit services are reviewed and approved by
the Board prior to commencement to ensure they do
not adversely affect the integrity and objectivity of
the auditor; and
the nature of the services provided do not
compromise the general principles relating to
auditor independence as set out in the Institute
of Chartered Accountants in Australia and CPA
Australia Professional Statement F1: Professional
Independence.
The following fees for non-audit services were paid/
payable to the external auditors during the year ended
30 June 2006:
•
•
16 ASHBURTON MINERALS LTD 2006
AUDITOR’S INDEPENDENCE DECLARATI ON
The auditor’s independence declaration for the year ended 30 June 2006 has been received and can be found on
page 17 of the Annual Report.
Signed in accordance with a resolution of the Board of Directors.
Mr T P Dukovcic
Managing Director
Dated this 28th day of September 2006
DIRECTORS’ REPORT
ASHBURTON MINERALS LTD 2006 17
AUDITOR’S INDEPENDENCE DECLARATION
AUDITOR’S INDEPENDENCE DECLARATI ON
UNDER SECTION 307C OF THE CORPORATI ONS ACT 2001
TO THE DIRECTORS OF ASHBURTON MINERALS LIMITED
As lead auditor for the audit of Ashburton Minerals Ltd for the year ended 30 June 2006, I declare that to the best of
my knowledge and belief, there have been:
(i) no contraventions of the auditor independence requirements of the Corporations Act 2001 in relation to the
audit; and
(ii) no contraventions of any applicable code of professional conduct in relation to the audit.
This declaration is in respect of Ashburton Minerals Ltd and the entities it controlled during the period.
NEIL PACE MOORE STEPHENS
PARTNER CHARTERED ACCOUNTANTS Signed at Perth this 28th day of September 2006.
18 ASHBURTON MINERALS LTD 2006
INCOME STATEMENT for the year ended 30 June 2006
N ote E conomic Entity Parent Entity
2006 2005 2006 2005
$ $ $ $
Revenue 3 115,737 196,049 115,737 120,682
Other income 3 2,433 - 1,073,045 -
Accounting Fees (58,911) (66,408) (56,476) (47,926)
Corporate Costs (42,757) (22,989) (41,480) (22,989)
Depreciation expense (85,723) (22,539) (30,002) (22,539)
Employee benefit expense (467,668) (171,905) (399,278) (171,905)
Exploration expenditure written-off (382,698) (1,416,793) (340,265) (1,416,793)
Finance costs (15,307) (3,138) (14,382) (2,388)
Goodwill written-off (144,785) - - -
Loan to controlled entity forgiven - - - (2,255,101)
Loss on disposal of subsidiary (806,506) - - -
Occupancy Costs (72,397) (59,776) (72,397) (59,776)
Public Relations (25,423) (76,299) (25,423) (75,744)
Other expenses (497,101) (434,264) (201,551) (386,633)
Profit/(Loss) before income tax 4 (2,481,106) (2,078,062) 7,528 (4,341,112)
Income tax expense 5 - - - -
Profit/(Loss) from continuing operations (2,481,106) (2,078,062) 7,528 (4,341,112)
(Profit)/Loss attributable to minority
equity interest 4,343 - - -
Profit/(Loss) attributable to members
of the Parent Entity 2 (2,476,763) (2,078,062) 7,528 (4,341,112)
Overall Operations
Basic loss per share
(cents per share) 8 (3.17) (2.68)
Continuing Operations
Basic loss per share
(cents per share) 8 (3.17) (2.68)
The Company’s potential ordinary shares were not considered dilutive as the Company is in a loss position.
The accompanying notes form part of these financial statements.
ASHBURTON MINERALS LTD 2006 19
N ote Economic Entity Parent Entity
2006 2005 2006 2005
$ $ $ $
ASETS
CURRENT ASSETS
Cash and cash equivalents 9 965,084 1,908,062 944,411 1,873,802
Trade and other receivables 10 113,293 92,209 60,160 81,227
Other financial assets 13 3,200 3,200 3,200 3,200
TOTAL CURENT ASETS 1,081,577 2,003,471 1,007,771 1,958,229
NON-CURENT ASETS
Trade and other receivables 10 94,623 77,337 2,288,271 714,817
Investments accounted for using
the equity method 11 - 1 2 3
Financial assets 13 1 1 878,501 969,410
Property, plant and equipment 15 216,582 747,144 75,567 75,444
Intangible assets 16 - - - -
Other non-current assets 17 2,792,873 6,288,869 112,596 511,639
TOTAL NON-CURENT ASETS 3,104,079 7,113,352 3,354,937 2,271,313
TOTAL ASETS 4,185,656 9,116,823 4,362,708 4,229,542
CURENT LIABILITIES
Trade and other payables 18 40,865 145,019 31,652 65,511
Short-term Provisions 19 48,007 57,680 42,661 46,930
TOTAL CURENT LIABILITIES 88,872 202,699 74,313 112,441
NON-CURENT LIABILITIES
Trade and other payables 18 100,000 - - -
Long-term provisions 19 - 2,600,000 - -
TOTAL NON-CURENT LIABILITIES 100,000 2,600,000 - -
TOTAL LIABILITIES 188,872 2,802,699 74,313 112,441
NET ASETS 3,996,784 6,314,124 4,288,395 4,117,101
EQUITY
Issued capital 20 21,827,219 21,676,049 21,827,219 21,676,049
Reserves 21 420,705 408,109 420,705 408,109
Retained earnings/(Accumulated losses) (18,246,797) (15,770,034) (17,959,529) (17,967,057)
Parent interest 4,001,127 6,314,124 4,288,395
Minority equity interest (4,343) - -
TOTAL EQUITY 3,996,784 6,314,124 4,288,395 4,117,101
The accompanying notes form part of these financial statements.
BALANCE SHEET as at 30 June 2006
20 ASHBURTON MINERALS LTD 2006
Economic Entity
Note Ordinary A ccumulated Option A sset A sset Minority T otal
L osses R eserve R ealisation R evaluation E quity
R eserve R eserve I nterests
$ $ $ $ $ $ $
Balance at 1 July
2004 2 20,559,182 (13,691,972) - 32,095 376,014 - 7,275,319
Gain/(Loss)
attributable to
members of Parent
Entity - (2,078,062) - - - - (2,078,062)
Shares/options issued
during the year 1,184,602 - - - - - 1,184,602
Transaction costs (67,735) - - - - - (67,735)
Balance at 30 June
2005 21,676,049 (15,770,034) - 32,095 376,014 - 6,314,124
Gain/(Loss)
attributable to
members of
Parent Entity - (2,476,763) - - - - (2,476,763)
Gain/(Loss)
attributable to
minority shareholders - - - - - (4,343) (4,343)
Shares/options issued
during the year 151,170 - 12,596 - - - 163,766
Transaction costs - - - - - - -
Balance at 30 June
2006 21,827,219 (18,246,797) 12,596 32,095 376,014 (4,343) 3,996,784
The accompanying notes form part of these financial statements.
STATEMENT OF CHANGES IN EQUITY for the year ended 30 June 2006
ASHBURTON MINERALS LTD 2006 21
Parent Entity
Note Ordinary R etained Option A sset A sset T otal
E arnings R eserve R ealisation R evaluation
R eserve R eserve
$ $ $ $ $ $
Balance at 1 July
2004 2 20,559,182 (13,625,945) - 32,095 376,014 7,341,346
Gain/(Loss)
attributable to
members of
Parent Entity - (4,341,112) - - - (4,341,112)
Shares/options
issued during
the year 1,184,602 - - - - 1,184,602
Transaction costs (67,735) - - - - (67,735)
Balance at 30 June
2005 21,676,049 (17,967,057) - 32,095 376,014 4,117,101
Gain/(Loss)
attributable to
members of
Parent Entity - 7,528 - - - 7,528
Shares/options
issued during
the year 151,170 - 12,596 - - 163,766
Transaction costs - - - - - -
Balance at 30 June
2006 21,827,219 (17,959,529) 12,596 32,095 376,014 4,288,395
The accompanying notes form part of these financial statements.
STATEMENT OF CHANGES IN EQUITY for the year ended 30 June 2006
22 ASHBURTON MINERALS LTD 2006
N ote E conomic Entity Parent Entity
2006 2005 2006 2005
$ $ $ $
CASH FLOWS FROM OPERATIN G
ACTIVITIES Receipts from customers - 3,881 - -
Payments to suppliers and employees (991,671) (938,455) (658,627) (600,981)
Interest received 95,184 120,682 92,384 121,252
Finance costs (9,448) (18,516) (9,448) (18,516)
Net cash used in operating activities 24(a) (905,935) (832,408) (575,691) (498,245)
CASH FLOWS FROM INVESTING
ACTIVITIES
Proceeds from sale of property,
plant and equipment 1,000 - 1,000 -
Purchase of property, plant and equipment (141,489) (26,290) (26,489) (26,290)
Payments for exploration expenditure (1,133,710) (1,620,207) (112,596) (634,162)
Proceeds from sale of subsidiary 995,839 995,839
Proceeds from sale of tenements 364,000 364,000
Payment for subsidiary, net of cash acquired (120,683) - -
Net cash used in investing activities (35,043) (1,646,497) 1,221,754 (660,452)
CASH FLOWS FROM FINANCING
ACTIVITIES Proceeds from issue of shares - 1,186,901 - 1,186,901
Payment of share issue costs - - - -
Proceeds of borrowings 200,000 200,000
Repayment of borrowings (202,000) - (202,000) -
Loan to subsidiary - - (1,573,454) (1,253,514)
Net cash provided by financing activities (2,000) 1,186,901 (1,575,454) (66,613)
Net (decrease)/ increase in cash held (942,978) (1,292,004) (929,391) (1,225,310)
Cash at beginning of financial year 1,908,062 3,200,066 1,873,802 3,099,112
Cash at end of financial year 9 965,084 1,908,062 944,411 1,873,802
The accompanying notes form part of these financial statements.
CASH FLOW STATEMENT for the year ended 30 June 2006
ASHBURTON MINERALS LTD 2006 23
Note 1: Statement of Significant Accounting Policies
The financial report is a general purpose financial report that has been prepared in accordance with Australian
Accounting Standards, Urgent Issues Group Interpretations, other authoritative pronouncements of the Australian
Accounting Standards Board and the Corporations Act 2001.
The financial report covers the Economic Entity of Ashburton Minerals Limited and controlled entities, and Ashburton
Minerals Limited as an individual Parent Entity. Ashburton Minerals Limited is a listed public Company, incorporated
and domiciled in Australia.
The financial report of Ashburton Minerals Limited and controlled entities, and Ashburton Minerals Limited as an
individual Parent Entity comply with all Australian equivalents to International Financial Reporting Standards (AIFRS)
in their entirety.
The following is a summary of the material accounting policies adopted by the Economic Entity in the preparation of
the financial report. The accounting policies have been consistently applied, unless otherwise stated.
Basis of Preparation
First-time Adoption of Australian Equivalents to International Financial Reporting Standards
Ashburton Minerals Limited and controlled entities, and Ashburton Minerals Limited as an individual Parent Entity
have prepared financial statements in accordance with the Australian equivalents to International Financial Reporting
Standards (AIFRS) from 1 July 2005.
In accordance with the requirements of AASB 1: First-time Adoption of Australian Equivalents to International
Financial Reporting Standards, adjustments to the Parent Entity and Consolidated Entity accounts resulting from the
introduction of AIFRS have been applied retrospectively to 2005 comparative figures excluding cases where optional
exemptions available under AASB 1 have been applied. These consolidated accounts are the first financial statements
of Ashburton Minerals Limited to be prepared in accordance with Australian equivalents to AIFRS.
The accounting policies set out below have been consistently applied to all years presented. The Parent and Consolidated
Entities have however elected to adopt the exemptions available under AASB 1 relating to AASB 132: Financial
Instruments: Disclosure and Presentation, and AASB 139: Financial Instruments: Recognition and Measurement.
Refer Note 29 for further details on Changes in Accounting Policy.
Reconciliations of the transition from previous Australian GAAP to IFRS have been included in Note 2 to this report.
Reporting Basis and Conventions
The financial report has been prepared on an accruals basis and is based on historical costs modified by the revaluation
of selected non-current assets, and financial assets and financial liabilities for which the fair value basis of accounting
has been applied.
Accounting Policies
(a) Principles of Consolidation
A Controlled Entity is any Entity Ashburton Minerals Limited has the power to control the financial and operating
policies of so as to obtain benefits from its activities.
A list of controlled entities is contained in Note 14 to the financial statements. All controlled entities have a June
financial year-end.
All inter-company balances and transactions between entities in the Economic Entity, including any unrealised
profits or losses, have been eliminated on consolidation. Accounting policies of subsidiaries have been changed
where necessary to ensure consistencies with those policies applied by the Parent Entity.
NOTES TO THE FINANCIAL STATEMENTS for the year ended 30 June 2006
24 ASHBURTON MINERALS LTD 2006
NOTES TO THE FINANCIAL STATEMENTS for the year ended 30 June 2006
(a) Principles of Consolidation (cont’d)
Where controlled entities have entered or left the Economic Entity during the year, their operating results have
been included/excluded from the date control was obtained or until the date control ceased.
Minority equity interests in the equity and results of the entities that are controlled are shown as a separate item
in the consolidated financial report.
(b) I ncome Tax
The charge for current income tax expense is based on the profit for the year adjusted for any non-assessable
or disallowed items. It is calculated using tax rates that have been enacted or are substantively enacted by the
balance sheet date.
Deferred tax is accounted for using the balance sheet liability method in respect of temporary differences
arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements. No
deferred income tax will be recognised from the initial recognition of an asset or liability, excluding a business
combination, where there is no effect on accounting or taxable profit or loss.
Deferred tax is calculated at the tax rates that are expected to apply to the period when the asset is realised or
liability is settled. Deferred tax is credited in the income statement except where it relates to items that may be
credited directly to equity, in which case the deferred tax is adjusted directly against equity.
Deferred income tax assets are recognised to the extent that it is probable that future tax profits will be available
against which deductible temporary differences can be utilised.
The amount of benefits brought to account or which may be realised in the future is based on the assumption
that no adverse change will occur in income taxation legislation and the anticipation that the Economic Entity
will derive sufficient future assessable income to enable the benefit to be realised and comply with the conditions
of deductibility imposed by the law.
(c) Property, Plant and Equipment
Each class of plant and equipment is carried at cost or fair value less, where applicable, any accumulated
depreciation and impairment losses.
Plant and equipment are measured on the cost basis less depreciation and impairment losses.
The carrying amount of plant and equipment is reviewed annually by directors to ensure it is not in excess of the
recoverable amount from these assets. The recoverable amount is assessed on the basis of the expected net cash
flows which will be received from the assets’ employment and subsequent disposal. The expected net cash flows
have been discounted to their present values in determining recoverable amounts.
The cost of fixed assets constructed within the Economic Entity includes the cost of materials, direct labour,
borrowing costs and an appropriate proportion of fixed and variable overheads.
Subsequent costs are included in the asset’s carrying amount or recognised as a separate asset, as appropriate,
only when it is probable that future economic benefits associated with the item will flow to the group and
the cost of the item can be measured reliably. All other repairs and maintenance are charged to the income
statement during the financial period in which they are incurred.
Depreciation
The depreciable amount of all fixed assets including capitalised lease assets is depreciated on a straight-line
basis over their useful lives to the Economic Entity commencing from the time the asset is held ready for use.
Leasehold improvements are depreciated over the shorter of either the unexpired period of the lease or the
estimated useful lives of the improvements.
ASHBURTON MINERALS LTD 2006 25
(c) Plant and Equipment (cont’d)
The depreciation rates used for each class of depreciable asset are:
Class of Fixed Asset D epreciation Rate
Office furniture & equipment 20.0% - 40.0%
Motor vehicles 22.5%
The assets’ residual values and useful lives are reviewed, and adjusted if appropriate, at each balance sheet
date.
An asset’s carrying amount is written down immediately to its recoverable amount if the asset’s carrying amount
is greater than its estimated recoverable amount.
Gains and losses on disposals are determined by comparing proceeds with the carrying amount. These gains or
losses are included in the income statement. When revalued assets are sold, amounts included in the revaluation
reserve relating to that asset are transferred to retained earnings.
(d) E xploration and Development Expenditure
Exploration, evaluation and development expenditure incurred is accumulated in respect of each identifiable area
of interest. These costs are only carried forward to the extent that they are expected to be recouped through
the successful development of the area or where activities in the area have not yet reached a stage that permits
reasonable assessment of the existence of economically recoverable reserves.
Accumulated costs in relation to an abandoned area are written off in full against profit in the year in which the
decision to abandon the area is made.
When production commences, the accumulated costs for the relevant area of interest are amortised over the life
of the area according to the rate of depletion of the economically recoverable reserves.
A regular review is undertaken of each area of interest to determine the appropriateness of continuing to carry
forward costs in relation to that area of interest.
Costs of site restoration are provided over the life of the facility from when exploration commences and are
included in the costs of that stage. Site restoration costs include the dismantling and removal of mining plant,
equipment and building structures, waste removal, and rehabilitation of the site in accordance with clauses of
the mining permits. Such costs have been determined using estimates of future costs, current legal requirements
and technology on an undiscounted basis.
Any changes in the estimates for the costs are accounted on a prospective basis. In determining the costs of
site restoration, there is uncertainty regarding the nature and extent of the restoration due to community
expectations and future legislation. Accordingly the costs have been determined on the basis that the restoration
will be completed within one year of abandoning the site.
(e) Financial Instruments
Recognition
Financial instruments are initially measured at cost on trade date, which includes transaction costs, when the
related contractual rights or obligations exist. Subsequent to initial recognition these instruments are measured
as set out below.
NOTES TO THE FINANCIAL STATEMENTS for the year ended 30 June 2006
26 ASHBURTON MINERALS LTD 2006
(e) Financial Instruments (cont’d)
Financial assets at fair value through profit and loss
A financial asset is classified in this category if acquired principally for the purpose of selling in the short term
or if so designated by management and within the requirements of AASB 139: Recognition and Measurement of
Financial Instruments. Derivatives are also categorised as held for trading unless they are designated as hedges.
Realised and unrealised gains and losses arising from changes in the fair value of these assets are included in the
income statement in the period which they arise.
Loans and receivables
Loans and receivables are non-derivative financial assets with fixed or determinable payments that are not
quoted in an active market and are stated at amortised cost using the effective interest rate method.
Available-for-sale financial assets
Available-for-sale financial assets include any financial assets not included in the above categories. Availablefor-
sale financial assets are reflected at fair value. Unrealised gains and losses arising from changes in fair value
are taken directly to equity.
Fair value
Fair value is determined based on current bid prices for all quoted investments. Valuation techniques are applied
to determine the fair value for all unlisted securities, including recent arm’s length transactions, reference to
similar instruments and option pricing models.
Impairment
At each reporting date, the group assess whether there is objective evidence that a financial instrument has
been impaired. In the case of available-for-sale financial instruments, a prolonged decline in the value of the
instrument is considered to determine whether impairment has arisen. Impairment losses are recognised in the
income statement.
(f) I mpairment of Assets
At each reporting date, the group reviews the carrying values of its tangible and intangible assets to determine
whether there is any indication that those assets have been impaired. If such an indication exists, the recoverable
amount of the asset, being the higher of the asset’s fair value less costs to sell and value in use, is compared to
the assets carrying value. Any excess of the assets carrying value over its recoverable amount is expensed to the
income statement.
Impairment testing is performed annually for goodwill and intangible assets with indefinite lives.
Where it is not possible to estimate the recoverable amount of an individual asset, the group estimates the
recoverable amount of the cash-generating unit to which the asset belongs.
(g) Foreign Currency Transactions and Balances
Functional and presentation currency
The functional currency of each of the group’s entities is measured using the currency of the primary economic
environment in which that Entity operates. The consolidated financial statements are presented in Australian
dollars which is the Parent Entity’s functional and presentation currency.
NOTES TO THE FINANCIAL STATEMENTS for the year ended 30 June 2006
ASHBURTON MINERALS LTD 2006 27
(g) Foreign Currency Transactions and Balances (cont’d)
Transaction and balances
Foreign currency transactions are translated into functional currency using the exchange rates prevailing at
the date of the transaction. Foreign currency monetary items are translated at the year-end exchange rate.
Non-monetary items measured at historical cost continue to be carried at the exchange rate at the date of the
transaction. Non-monetary items measured at fair value are reported at the exchange rate at the date when fair
values were determined.
Exchange differences arising on the translation of monetary items are recognised in the income statement,
except where deferred in equity as a qualifying cash flow or net investment hedge.
Exchange differences arising on the translation of non-monetary items are recognised directly in equity to the
extent that the gain or loss is directly recognised in equity; otherwise the exchange difference is recognised in
the income statement.
Group companies
The financial results and position of foreign operations whose functional currency is different from the group’s
presentation currency are translated as follows:
- assets and liabilities are translated at year-end exchange rates prevailing at that reporting date;
- income and expenses are translated at average exchange rates for the period; and
- retained profits are translated at the exchange rates prevailing at the date of the transaction.
Exchange differences arising on translation of foreign operations are transferred directly to the group’s foreign
currency translation reserv

[Gelfling]

Teil III
=============
Exchange differences arising on translation of foreign operations are transferred directly to the group’s foreign
currency translation reserve in the balance sheet. These differences are recognised in the income statement in
the period in which the operation is disposed.
(h) E mployee Benefits
Provision is made for the Company’s liability for employee benefits arising from services rendered by employees
to balance date. Employee benefits that are expected to be settled within one year have been measured at the
amounts expected to be paid when the liability is settled, plus related on-costs. Employee benefits payable later
than one year have been measured at the present value of the estimated future cash outflows to be made for
those benefits.
(i) Provisions
Provisions are recognised when the group has a legal or constructive obligation, as a result of past events, for
which it is probable that an outflow of economic benefits will result and that outflow can be reliably measured.
(j) Cash and Cash Equivalents
Cash and cash equivalents includes cash on hand, deposits held at call with banks, other short-term highly liquid
investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown
within short-term borrowings in current liabilities on the balance sheet.
(k) R evenue
Revenue from the sale of goods is recognised upon delivery of goods to customers.
Interest revenue is recognised on a proportional basis taking into account the interest rates applicable to the
financial assets.
NOTES TO THE FINANCIAL STATEMENTS for the year ended 30 June 2006
28 ASHBURTON MINERALS LTD 2006
(k) R evenue (cont’d)
Dividend revenue is recognised when the right to receive a dividend has been established. Dividends received
from associates are accounted for in accordance with the equity method of accounting.
Revenue from the rendering of a service is recognised upon the delivery of the service to the customers.
All revenue is stated net of the amount of goods and services tax (GST).
(l) Goods and Services Tax (GST)
Revenues, expenses and assets are recognised net of the amount of GST, except where the amount of GST
incurred is not recoverable from the Australian Tax Office. In these circumstances the GST is recognised as part
of the cost of acquisition of the asset or as part of an item of the expense. Receivables and payables in the
balance sheet are shown inclusive of GST.
Cash flows are presented in the cash flow statement on a gross basis, except for the GST component of investing
and financing activities, which are disclosed as operating cash flows.
(m) Comparative Figures
When required by Accounting Standards, comparative figures have been adjusted to conform to changes in
presentation for the current financial year.
Critical accounting estimates and judgements
The Directors evaluate estimates and judgements incorporated into the financial report based on historical
knowledge and best available current information. Estimates assume a reasonable expectation of future events
and are based on current trends and economic data, obtained both externally and within the group.
NOTES TO THE FINANCIAL STATEMENTS for the year ended 30 June 2006
ASHBURTON MINERALS LTD 2006 29
Note 2: First-time Adoption of Australian Equivalents to International Financial Reporting Standards
Economic Entity N ote Previous GAAP A djustment A ustralian
at 1 July 2004 equivalents to IFRS
at 1 July 2004
Reconciliation of Equity $ $ $
at 1 July 2004
ASETS
CURENT ASETS
Cash and cash equivalents 3,200,066 - 3,200,066
Trade and other receivables 185,861 - 185,861
Other financial assets 1,800 - 1,800
TOTAL CURENT ASETS 3,387,727 - 3,387,727
NON CURENT ASETS
Trade and other receivables 30,200 - 30,200
Investments accounted for using
the equity method 1 - 1
Financial assets 1 - 1
Property, plant and equipment 943,927 - 943,927
Other non-current assets 5,672,634 - 5,672,634
TOTAL NON CURENT ASETS 6,646,763 - 6,646,763
TOTAL ASETS 10,034,490 - 10,034,490
CURENT LIABILITIES
Trade and other payables 106,104 - 106,104
Short term provisions 53,067 - 53,067
TOTAL CURENT LIABILITIES 159,171 - 159,171
NON CURENT LIABILITIES
Long-term provisions 2,600,000 - 2,600,000
TOTAL NON CURENT LIABILITIES 2,600,000 - 2,600,000
TOTAL LIABILITIES 2,759,171 - 2,759,171
NET ASETS 7,275,319 - 7,275,319
EQUITY
Issued capital 20,559,182 - 20,559,182
Reserves 408,109 - 408,109
Accumulated losses (13,691,972) - (13,691,972)
TOTAL EQUITY 7,275,319 - 7,275,319
NOTES TO THE FINANCIAL STATEMENTS for the year ended 30 June 2006
30 ASHBURTON MINERALS LTD 2006
NOTES TO THE FINANCIAL STATEMENTS for the year ended 30 June 2006
Note 2: First-time Adoption of Australian Equivalents to International Financial Reporting Standards
Economic Entity N ote Previous GAAP A djustment on A ustralian
at 30 June 2005 introduction of equivalents to IFRS
A ustralian at 30 June 2005
equivalents to IFRS
Reconciliation of Equity $ $ $
at 30 June 2005
ASETS
CURENT ASETS
Cash and cash equivalents 1,908,062 - 1,908,062
Trade and other receivables 92,209 - 92,209
Other financial assets 3,200 - 3,200
TOTAL CURENT ASETS 2,003,471 - 2,003,471
NON CURENT ASETS
Trade and other receivables 77,337 - 77,337
Investments accounted for using the equity
method 1 - 1
Financial assets 1 - 1
Property, plant and equipment 747,144 - 747,144
Other non-current assets 6,288,869 - 6,288,869
TOTAL NON CURENT ASETS 7,113,352 - 7,113,352
TOTAL ASETS 9,116,823 - 9,116,823
CURENT LIABILITIES
Trade and other payables 145,019 - 145,019
Short term provisions 57,680 - 57,680
TOTAL CURENT LIABILITIES 202,699 - 202,699
NON CURENT LIABILITIES
Long-term provisions 2,600,000 - 2,600,000
TOTAL NON CURENT LIABILITIES 2,600,000 - 2,600,000
TOTAL LIABILITIES 2,802,699 - 2,802,699
NET ASETS 6,314,124 - 6,314,124
EQUITY
Issued capital 21,676,049 - 21,676,049
Reserves 408,109 - 408,109
Accumulated losses (15,770,034) - (15,770,034)
TOTAL EQUITY 6,314,124 - 6,314,124
ASHBURTON MINERALS LTD 2006 31
Note 2: First-time Adoption of Australian Equivalents to International Financial Reporting Standards
Economic Entity N ote Previous GAAP A djustment A ustralian
at 1 July 2004 equivalents to IFRS
at 1 July 2004
Reconciliation of Equity $ $ $
at 1 July 2004
ASETS
CURENT ASETS
Cash and cash equivalents 3,099,112 - 3,099,112
Trade and other receivables 85,809 - 85,809
Other financial assets 1,800 - 1,800
TOTAL CURENT ASETS 3,186,721 - 3,186,721
NON CURENT ASETS
Trade and other receivables 1,715,404 - 1,715,404
Investments accounted for
using the equity method 3 - 3
Financial assets 878,501 - 878,501
Property, plant and equipment 71,692 - 71,692
Other non-current assets 1,594,039 - 1,594,039
TOTAL NON CURENT ASETS 4,259,639 - 4,259,639
TOTAL ASETS 7,446,360 - 7,446,360
CURENT LIABILITIES
Trade and other payables 64,196 - 64,196
Short term provisions 40,818 - 40,818
TOTAL CURENT LIABILITIES 105,014 - 105,014
TOTAL LIABILITIES 105,014 - 105,014
NET ASETS 7,341,346 - 7,341,346
EQUITY
Issued capital 20,559,182 - 20,559,182
Reserves 408,109 - 408,109
Accumulated losses (13,625,945) - (13,625,945)
TOTAL EQUITY 7,341,346 - 7,341,346
NOTES TO THE FINANCIAL STATEMENTS for the year ended 30 June 2006
32 ASHBURTON MINERALS LTD 2006
NOTES TO THE FINANCIAL STATEMENTS for the year ended 30 June 2006
Note 2: First-time Adoption of Australian Equivalents to International Financial Reporting Standards
Economic Entity N ote Previous GAAP A djustment on A ustralian
at 30 June 2005 introduction of equivalents to IFRS
A ustralian at 30 June 2005
equivalents to IFRS
Reconciliation of Equity $ $ $
at 30 June 2005
ASETS
CURENT ASETS
Cash and cash equivalents 1,873,802 - 1,873,802
Trade and other receivables 81,227 - 81,227
Other financial assets 3,200 - 3,200
TOTAL CURENT ASETS 1,958,229 - 1,958,229
NON CURENT ASETS
Trade and other receivables 714,817 - 714,817
Investments accounted for
using the equity method 3 - 3
Financial assets 969,410 - 969,410
Property, plant and equipment 75,444 - 75,444
Other non-current assets 511,639 - 511,639
TOTAL NON CURENT ASETS 2,271,313 - 2,271,313
TOTAL ASETS 4,229,542 - 4,229,542
CURENT LIABILITIES
Trade and other payables 38,320 - 38,320
Short term provisions 74,121 - 74,121
TOTAL CURENT LIABILITIES 112,441 - 112,441
TOTAL LIABILITIES 112,441 - 112,441
NET ASETS 4,117,101 - 4,117,101
EQUITY
Issued capital 21,676,049 - 21,676,049
Reserves 408,109 - 408,109
Accumulated losses (17,967,057) - (17,967,057)
TOTAL EQUITY 4,117,101 - 4,117,101
ASHBURTON MINERALS LTD 2006 33
NOTES TO THE FINANCIAL STATEMENTS for the year ended 30 June 2006
Note 2: First-time Adoption of Australian Equivalents to International Financial Reporting Standards
Economic Entity N ote Previous E ffect of transition A ustralian
GAAP to Australian equivalents to
equivalents to IFRS I FRS
Reconciliation of Loss for 2005 $ $ $
Revenues from ordinary activities 2a 196,049 - 196,049
Employee benefits expense (171,905) - (171,905)
Depreciation expense (22,539) - (22,539)
Finance costs (3,138) - (3,138)
Other expenses from ordinary
activities (2,076,529) - (2,076,529)
Loss from ordinary activities
before income tax expense (2,078,062) - (2,078,062)
Income tax expense relating
to ordinary activities - - -
Loss from ordinary activities after
related income tax expense (2,078,062) - (2,078,062)
Loss attributable to members
of the Parent Entity (2,078,062) - (2,078,062)
Parent Entity
Reconciliation of Loss for 2005
Revenues from ordinary activities 2a 120,682 - 120,682
Employee benefits expense (171,905) - (171,905)
Depreciation expense (22,539) - (22,539)
Finance costs (2,388) - (2,388)
Other expenses from ordinary activities (4,264,962) - (4,264,962)
Loss from ordinary activities before
income tax expense (4,341,112) - (4,341,112)
Income tax expense relating to
ordinary activities - - -
Loss from ordinary activities after
related income tax expense (4,341,112) - (4,341,112)
Loss attributable to members
of the Parent Entity (4,341,112) - (4,341,112)
34 ASHBURTON MINERALS LTD 2006
NOTES TO THE FINANCIAL STATEMENTS for the year ended 30 June 2006
Note 3: Revenue
N ote E conomic Entity Parent Entity
2006 2005 2006 2005
$ $ $ $
Operating activities
− interest received other persons 105,201 192,849 105,201 120,682
− other revenue 10,536 3,200 10,536 -
Total Revenue 115,737 196,049 115,737 120,682
Non-operating activities
− gain/(loss) on disposal of property,
plant & equipment 2,433 - (28,011) -
− gain on disposal of investment in
Wirralie Mines Pty Ltd - - 1,101,056 -
Other Income 2,433 - 1,073,045 -
Note 4: Profit for the year
(a) Expenses
Impairment of goodwill 144,785 - - -
Write–off capitalised expenses 382,698 1,416,793 340,265 1,416,793
Occupancy costs 72,397 59,776 72,397 59,776
Accounting fees 58,911 66,408 56,476 47,926
(b) Significant revenue and expenses
The following significant revenue and
expense items are relevant in
explaining the financial performance:
Consideration on disposal of
Wirralie Mine Pty Ltd 995,839
Carrying amount of net assets sold (1,802,345)
Net loss on the disposal of
Wirralie Mines Pty Ltd (806,506) - - -
Loan to controlled entity forgiven - - - 2,255,101
ASHBURTON MINERALS LTD 2006 35
Note 5: Income Tax Expense
N ote E conomic Entity Parent Entity
2006 2005 2006 2005
$ $ $ $
(a) The prima facie tax on profit/(loss)
from ordinary activities before
income tax is reconciled to the
income tax as follows:
Prime facie tax payable on
profit/(loss) from ordinary activities
before income tax at 30% (2005: 30%) (744,332) (623,419) 2,258 (1,302,333)
Add:
Tax effect of:
− debts forgiven - - - 676,530
− exploration and evaluation
expenditure previously deducted
for income tax and not previously
recognised 62,734 - 72,000 324,720
− other non-allowable items 475,938 816 23,362 83
− revenue losses not recognised 279,536 636,125 269,635 320,606
− over provision for income tax
in prior year - 40,314 - -
818,208 677,255 364,997 1,321,939
Less:
Tax effect of:
− exploration and evaluation
expenditure deducted for income
tax and not previously recognised - 49,414 - -
− other non-allowable items 27,527 4,422 271,479 -
− debts recovered - - 58,838 -
− recoupment of prior year revenue
losses not previously recognised 11,471 - - -
− other tax benefits not previously
recognised 34,878 - 36,938 19,606
73,876 53,836 367,255 19,606
Income tax - - - -
The applicable weighted average
effective tax rates are as follows: 0% 0% 0% 0%
NOTES TO THE FINANCIAL STATEMENTS for the year ended 30 June 2006
36 ASHBURTON MINERALS LTD 2006
NOTES TO THE FINANCIAL STATEMENTS for the year ended 30 June 2006
Note 5: Income Tax Expense (cont’d)
(b) The tax benefits on the following estimated gross tax losses have not been recognised at 30 June 2006 because
the Directors do not believe it is appropriate to regard the utilisation of the tax benefits as probable:
− Revenue losses $6,024,804 (2005: $5,305,597)
− Capital losses $2,098,799 (2005: $3,003,729)
− Foreign losses $ 667,365 (2005: $ 217,277)
Note 6: Key Management Personnel Compensation
(a) D irectors
The following persons were Directors of Ashburton Minerals Limited during the financial year:
(i) Chairman – Non-executive
Mr Rick Crabb
(ii) Executive Directors
Mr Tom Dukovcic – Managing Director
Mr Rodney Dunn
(b) Other key management personnel
There were no other key management personnel during the financial year.
(c) Key management personnel compensation
E conomic Entity Parent Entity
2006 2005 2006 2005
$ $ $ $
Short –term employee benefits 328,000 336,773 328,000 336,773
Post-employment benefits 29,520 30,310 29,520 30,310
Share-based payments - - - -
357,520 367,083 357,520 367,083
The Company has transferred the detailed remuneration disclosures to the Directors’ report in accordance with the
Corporations Amendment Regulations 2006 (No. 4)
(d) E quity instrument disclosures relating to key management personnel
(i) Options provided as remuneration and shares issued on exercise of such options
Details of options provided as remuneration and shares issued on the exercise of such options, together with
terms and conditions of the options, can be found in the Directors’ report on page 13
(ii) Option holdings
The numbers of options over ordinary shares in the Company held during the financial year by each Director
of Ashburton Minerals Limited, including their personally related parties, are set out below
ASHBURTON MINERALS LTD 2006 37
Note 6: Key Management Personnel Compensation (continued)
2006 B alance at Granted E xercised Other B alance at V ested and
the start of during the during the year changes the end of exercisable at
the year year as during the the year the end of
Compensation year the year
Mr Rick Crabb 1,691,446 - - (1,673,584) 17,862 17,862
Mr Tom Dukovcic 5,316,861 - - (5,225,841) 91,020 91,020
Mr Rodney Dunn 2,905,699 - - (2,338,335) 567,364 567,364
Total 9,914,006 - - (9,237,760) 676,246 676,246
No options are vested and unexercisable at the end of the year
Other changes during the year relate entirely to the expiring of unlisted options.
2005 B alance at Granted E xercised Other B alance at V ested and
the start of during the during the year changes the end of exercisable at
the year year as during the the year the end of
Compensation year the year
Mr Rick Crabb 1,691,446 - - - 1,691,446 1,691,446
Mr Tom Dukovcic 5,316,861 - - - 5,316,861 5,316,861
Mr Rodney Dunn 2,905,699 - - - 2,905,699 2,905,699
Total 9,914,006 9,914,006 9,914,006
No options are vested and unexercisable at the end of the year
(iii) Share holdings
The numbers of shares in the Company held during the financial year by each Director of Ashburton Minerals
Limited, including their personally related parties, are set out below
2006 B alance at Granted during R eceived during Other changes B alance at the
the start of the year the year on the during end of the year
the year as Compensation exercise of options the year
Mr Rick Crabb 132,168 - - - 132,168
Mr T Dukovcic 601,126 - - - 601,126
Mr R Dunn 3,441,678 - - - 3,441,678
Total 4,174,972 - - - 4,174,972
2005 B alance at Granted during R eceived during Other changes B alance at the
the start of the year the year on the during end of the year
the year as Compensation exercise of options the year
Mr Rick Crabb 107,168 - - 25,000 132,168
Mr T Dukovcic 596,126 - - 5,000 601,126
Mr R Dunn 3,404,178 - - 37,500 3,441,678
- -
Total 4,107,472 - - 67,500 4,174,972
NOTES TO THE FINANCIAL STATEMENTS for the year ended 30 June 2006
38 ASHBURTON MINERALS LTD 2006
Note 7: Auditors’ Remuneration
Economic Entity Parent Entity
2006 2005 2006 2005
$ $ $ $
Remuneration of the auditor of the Parent Entity for:
− auditing or reviewing the financial report 12,000 9,000 12,000 9,000
− taxation services 7,562 4,546 7,562 4,546
− other services - - - -
19,562 13,546 19,562 13,546
Note 8: Earnings per Share
Economic Entity
2006 2005
$ $
(a) Reconciliation of Earnings to Profit or Loss
Loss (2,481,106) (2,078,062)
Earnings used to calculate basic EPS (2,481,106) (2,078,062)
(b) Reconciliation of Earnings to Profit or Loss from Continuing Operations
Loss from continuing operations (2,481,106) (2,078,062)
Earnings used to calculate basic EPS from continuing operations (2,481,106) (2,078,062)
(d) Weighted average number of ordinary shares outstanding N o. N o.
during the year used in calculating basic EP
78,238,919 77,675,718
Diluted EPS not disclosed as potential ordinary shares are not dilutive
Note 9: Cash and Cash Equivalents
Economic Entity Parent Entity
2006 2005 2006 2005
$ $ $ $
Cash at bank and in hand 965,084 1,908,062 944,411 1,873,802
965,084 1,908,062 944,411 1,873,802
Reconciliation of cash
Cash at the end of the financial year as shown in
the statement of cash flows is reconciled to items
in the balance sheet as follows:-
Cash and cash equivalents 965,084 1,908,062 944,411 1,873,802
965,084 1,908,062 944,411 1,873,802
NOTES TO THE FINANCIAL STATEMENTS for the year ended 30 June 2006
ASHBURTON MINERALS LTD 2006 39
Note 10: Trade and Other Receivables
Current
Other receivables:
- Deposits 42,231 52,055 42,231 52,055
- Other receivables 46,571 - - -
- Goods and services tax 24,491 40,154 17,929 29,172
113,293 92,209 60,160 81,227
Non-Current
Amounts receivable from:
- wholly-owned entities - - 2,288,271 714,817
- associated companies 94,623 77,337 - -
94,623 77,337 2,288,271 714,817
Note 11: Investments Accounted for Using the Equity Method
Notes Economic Entity Parent Entity
2006 2005 2006 2005
$ $ $ $
Investments in associated entities - at cost 12 - 2,135,021 2 2,135,023
Less: Provision for diminution in value - (2,135,020) - (2,135,020)
- 1 2 3
Note 12: Associated Companies
Interests are held in the following associated Company Optics Storage Pte Ltd which is incorporated in Singapore.
Name Principal Activity Ownership Interest Carrying Amount of
I nvestment
2006 2005 2006 2005
% % $ $
Optics Storage Pte Ltd Optical storage
devices - 15.6 - 2,135,021
Less: Provision for
diminution in value - (2,135,020)
- 1
The assets and liabilities of Optics Storage Pte Ltd, as at 30 June 2006, and the operating profit (loss) for the 12
months ended on that date, have not been disclosed as the Company was liquidated on 3 May 2005.
Note 13: Other Financial Assets
Notes Economic Entity Parent Entity
2006 2005 2006 2005
$ $ $ $
Available-for-sale financial assets 12(a) 3,201 3,201 881,701 972,610
Less non current portion 1 1 878,501 969,410
Current portion 3,200 3,200 3,200 3,200
NOTES TO THE FINANCIAL STATEMENTS for the year ended 30 June 2006
40 ASHBURTON MINERALS LTD 2006
Note 13: Other Financial Assets (cont’d)
Notes Economic Entity Parent Entity
2006 2005 2006 2005
$ $ $ $
(a) A vailable-for-sale Financial Assets Comprise:
Unlisted investments, at cost
− shares in controlled entities - - 878,500 969,409
− interest in other corporations 272,450 272,450 272,450 272,450
− Less provision for impairment (269,249) (269,249) (269,249) (269,249)
Total available-for-sale financial assets 3,201 3,201 881,701 972,610
Available-for-sale financial assets comprise investments in the ordinary share capital of various entities. There
are no fixed returns or fixed maturity date attached to these investments.
The fair value of unlisted available-for-sale financial assets cannot be reliably measured as variability in the
range of reasonable fair value estimates is significant. As a result, all unlisted investments are reflected at cost.
Unlisted available-for-sale financial assets exist within active markets and could be disposed of if required.
Note 14: Controlled Entities
(a) Controlled Entities Consolidated
Country of Incorporation Percentage Owned (%)*
2006 2005
Parent Entity:
Ashburton Minerals Limited Australia - -
Ultimate Parent Entity:
Ashburton Minerals Limited Australia - -
Subsidiaries of Ashburton Minerals Limited:
Ashburton Gold Mines NL Australia 100 100
Trans Pacific Gold Pty Ltd Australia 100 100
Trans Pacific Gold Mineracao Ltda Brazil 100 100
Transdrill Pty Ltd Australia 50 -
Wirralie Mines Pty Ltd Australia - 100
* Percentage of voting power is in proportion to ownership
(b) A cquisition of Controlled Entities
On 22 February 2006 Trans Pacific Gold Pty Ltd acquired 50% of Transdrill Pty Ltd for a purchase consideration
of $150,000.
NOTES TO THE FINANCIAL STATEMENTS for the year ended 30 June 2006
ASHBURTON MINERALS LTD 2006 41
Note 14: Controlled Entities (continued)
(c) D isposal of Controlled Entities
On 12 October 2005 the Parent Entity disposed of its 100% interest in Wirralie Mines Pty Ltd. An operating loss
after tax of 806,506 was attributable to members of the Consolidated Entity from the disposal. No remaining
interest in the Entity was held by any member of the Economic Entity.
E conomic Entity
30 June 2006
$
Total consideration is made up as follows:
Cash consideration 995,839
Less: Cost of disposal -
995,839
Details of the Controlled Entity disposed of are as follows:
Assets and liabilities held at disposal date:
Investment in Controlled Entity 90,909
Receivables 40,620
Mining tenements 3,920,607
Property, plant & equipment 586,114
Reversal of prior loan write-down (196,126)
Payables (39,779)
Future reclamation costs (2,600,000)
Net assets/(liabilities) disposed of 1,802,345
(Loss) on disposal of former Controlled Entity (806,506)
Total consideration 995,839
Inflow of cash from disposal of former Controlled Entity, net of cash disposed:
Cash consideration 995,839
Less: Cash balances disposed -
Net inflow of cash 995,839
NOTES TO THE FINANCIAL STATEMENTS for the year ended 30 June 2006
42 ASHBURTON MINERALS LTD 2006
Note 14: Controlled Entities (continued)
(d) Controlled Entities with Ownership Interest of 50% or Less
Trans Pacific Gold Pty Ltd holds 50% of the ordinary shares of Transdrill Pty Ltd. Trans Pacific Gold Pty Ltd is
required to make all the financial and operating policy decisions of Transdrill Pty Ltd and to ensure that those
policies are consistent with the policies of the Economic Entity.
E conomic Entity
30 June 2006
$
Total consideration is made up as follows:
Cash consideration 150,000
Details of the Controlled Entity acquired are as follows:
Assets and liabilities held at acquisition date:
Cash 45,187
Receivables 14,785
Property, plant & equipment 95,290
Payables (150,047)
Net assets/(liabilities) acquired 5,215
Total goodwill on acquisition 144,785
Note 15: Property, Plant and Equipment
E conomic Entity Parent Entity
2006 2005 2006 2005
$ $ $ $
BUILDINGS
Buildings:
At Cost - 47,900 - -
Accumulated depreciation - (2,642) - -
Total Buildings - 45,258 - -
PLANT AND EQUIPMENT
Plant and equipment:
At cost 409,726 1,195,035 226,822 199,779
Accumulated depreciation (193,144) (493,149) (151,255) (124,335)
Total Plant and equipment 216,582 701,886 75,567 75,444
Total Property, Plant and Equipment 216,582 747,144 75,567 75,444
NOTES TO THE FINANCIAL STATEMENTS for the year ended 30 June 2006
ASHBURTON MINERALS LTD 2006 43
Note 15: Property, Plant and Equipment (continued)
(a) Movements in Carrying Amounts
Movement in the carrying amounts for each class of plant and equipment between the beginning and the end
of the current financial year.
B uildings Plant and T otal
E quipment
$ $ $
Economic Entity:
Balance at the beginning of year 45,258 701,886 747,144
Additions - 136,293 136,293
Disposals - (28,538) (28,538)
Additions through acquisition of Entity - 78,778 78,778
Depreciation expense - (85,723) (85,723)
Disposals of assets on sale of subsidiary (45,258) (586,114) (631,372)
Carrying amount at the end of year - 216,582 216,582
Parent Entity:
Balance at the beginning of year - 75,444 75,444
Additions - 58,663 58,663
Disposals (28,538) (28,538)
Depreciation expense - (30,002) (30,002)
Carrying amount at the end of year - 75,567 75,567
Note16: Intangible Assets
E conomic Entity Parent Entity
2006 2005 2006 2005
$ $ $ $
Goodwill
Cost 144,758 - - -
Accumulated impairment losses (144,785) - - -
Net carrying value - - - -
- - - -
Closing carrying value at 30 June 2006 -
NOTES TO THE FINANCIAL STATEMENTS for the year ended 30 June 2006
44 ASHBURTON MINERALS LTD 2006
Note16: Intangible Assets (continued)
Goodwill
$
Economic Entity:
Year ended 30 June 2005
Balance at the beginning of year -
Additions -
Disposals -
Amortisation charge -
Impairment losses -
Closing carrying value at 30 June 2005 -
Year ended 30 June 2006
Balance at the beginning of year -
Additions
Internal development -
Acquisitions through business combinations 144,785
Disposals -
Amortisation charge -
Impairment losses (144,785)
Closing carrying value at 30 June 2006 -
Note 17: Other Assets
Notes Economic Entity Parent Entity
2006 2005 2006 2005
$ $ $ $
NON-CURENT Exploration expenditure capitalised
− exploration and evaluation phases 2,792,873 6,288,869 112,596 511,639
The recoverability of the carrying amount of exploration assets is dependent on the successful development and
commercial exploitation or sale of the respective mining permits. Amortisation of the costs carried forward for the
development phase is not being charged pending the commencement of production.
Note 18: Trade and Other Payables
N otes Economic Entity Parent Entity
2006 2005 2006 2005
$ $ $ $
CURENT
Trade payables 14,164 57,346 6,467 28,317
Sundry payables and accrued expenses 26,701 87,673 25,185 37,194
40,865 145,019 31,652 65,511
NON-CURENT
Amounts payable to other parties 100,000 - - -
100,000 - - -
NOTES TO THE FINANCIAL STATEMENTS for the year ended 30 June 2006
ASHBURTON MINERALS LTD 2006 45
Note 19: Provisions
R eclamation E mployee T otal
Costs E ntitlements
$ $ $
Economic Entity:
Balance at the beginning of year 2,600,000 57,680 2,657,680
Additional provisions - 24,599 24,599
Amounts used - (28,868) (28,865)
Increase in provision on acquisition of subsidiary - 5,346 5,346
Decrease in provision on sale of subsidiary (2,600,000) (10,750) (2,610,753)
Carrying amount at the end of year - 48,007 48,007
Parent Entity:
Balance at the beginning of year - 46,930 46,930
Additional provisions - 24,599 24,599
Amounts used (28,868) (28,868)
Carrying amount at the end of year - 42,661 42,661
Note 20: Issued Capital
E conomic Entity Parent Entity
2006 2005 2006 2005
$ $ $ $
79,640,005 (2005: 77,391,048) fully paid
ordinary shares 22,977,044 22,825,874 22,977,044 22,825,874
Share Issue Costs (1,149,825) (1,149,825) (1,149,825) (1,149,825)
21,827,219 21,676,049 21,827,219 21,676,049
(a) Ordinary Shares
No. N o. N o. N o.
At the beginning of reporting period 77,391,048 69,298,038 77,391,048 69,298,038
Shares issued during year 2,248,957 8,093,010 2,248,957 8,093,010
At reporting date 79,640,005 77,391,048 79,640,005 77,391,048
• On 12 July 2005 the Company issued 639,625 ordinary shares as full repayment of a loan at a deemed issue
price of 8 cents.
• On 8 May 2006 the Company issued 1,609,332 ordinary shares at a deemed issue price of 6.2 cents and
500,000 options exercisable at 15 cents, in consideration for the option agreement over the Cuiaba Gold
Project.
NOTES TO THE FINANCIAL STATEMENTS for the year ended 30 June 2006
46 ASHBURTON MINERALS LTD 2006
Note 21: Reserves
E conomic Entity Parent Entity
2006 2005 2006 2005
$ $ $ $
(a) Option Reserve
The option reserve records items recognised
as costs of acquisition of exploration projects
and subsidiaries. 12,596 - 12,596 -
(b) A sset Revaluation Reserve
The asset revaluation reserve records
revaluations of non-current assets. 376,014 376,014 376,014 376,014
(c) A sset Realisation Reserve
The asset realisation reserve records realised
gains on sale of non-current assets. 32,095 32,095 32,095 32,095
420,705 408,109 420,705 408,109
Note 22: Contingent Liabilities and Contingent Assets
The Directors are not aware of any contingent liabilities or contingent assets as at 30 June 2006.
Note 23: Segment Reporting
The Consolidated Entity operates in two geographical segments being Australia and Brazil and one industry segment,
that of mineral exploration.
Primary Reporting – Geographical Segments
A ustralia B razil Consolidated
$ $ $
2006
Revenue
Operating revenue 115,737 - 115,737
Total revenue 115,737 - 115,737
Result
Segment Result (2,159,670) (321,436) (2,481,106)
Profit (loss) before income tax (2,159,670) (321,436) (2,481,106)
Income tax - - -
Profit (loss) after income tax (2,159,670) (321,436) (2,481,106)
Assets
Segment assets 3,217,075 968,581 4,185,656
Total Assets 3,217,075 968,581 4,185,656
Liabilities
Segment liabilities 184,916 3,956 188,872
Total Liabilities 184,916 3,956 188,872
Other
Depreciation and amortisation of segment assets 81,691 4,032 85,723
Total Other 81,691 4,032 85,723
NOTES TO THE FINANCIAL STATEMENTS for the year ended 30 June 2006
ASHBURTON MINERALS LTD 2006 47
Note 23: Segment Reporting (cont’d)
A ustralia B razil Consolidated
$ $ $
2005
Revenue
Operating revenue 124,452 71,597 196,049
Total revenue 124,452 71,597 196,049
Result
Segment Result (2,090,420) 12,358 (2,078,062)
Profit (loss) before income tax (2,090,420) 12,358 (2,078,062)
Income tax - - -
Profit (loss) after income tax (2,090,420) 12,358 (2,078,062)
A ustralia B razil Consolidated
$ $ $
2005
Assets
Segment assets 8,789,259 327,564 9,116,823
Total Assets 8,789,259 327,564 9,116,823
Liabilities
Segment liabilities 2,799,454 3,245 2,802,699
Total Liabilities 2,799,454 3,245 2,802,699
Other
Depreciation and amortisation of segment assets 22,539 - 22,539
Total Other 22,539 - 22,539
Accounting Policies
Segment revenues and expenses are those directly attributable to the segments and include any joint revenue and
expenses where a reasonable basis of allocation exists. Segment assets include all assets used by a segment and
consist principally of cash, receivables, plant and equipment, exploration expenditure capitalised net of accumulated
depreciation and amortisation. While most such assets can be directly attributed to individual segments, the carrying
amount of certain assets used jointly by two or more segments is allocated to the segments on a reasonable basis.
Segment liabilities consist principally of payables, employee benefits, accrued expenses, provisions and borrowings.
Segment assets and liabilities do not include deferred income taxes.
Intersegment Transfers
Segment revenues, expenses and results include transfers between segments. The prices charged on intersegment
transactions are the same as those charged for similar goods to parties outside of the Economic Entity at an arms
length. These transfers are eliminated on consolidation.
Business Segments
The Economic Entity has the following business segment:
Exploration – conducting exploration activities in relation to mineral projects in Australia and Brazil.
Geographical Segments
The Economic Entity’s head office is located in Australia, with exploration work carried out in Australia and Brazil.
NOTES TO THE FINANCIAL STATEMENTS for the year ended 30 June 2006
48 ASHBURTON MINERALS LTD 2006
Note 24: Cash Flow Information
E conomic Entity Parent Entity
2006 2005 2006 2005
$ $ $ $
(a) R econciliation of Cash Flow from Operations
with Profit/(Loss) after Income Tax
Loss after income tax (2,481,105) (2,078,062) 7,529 (4,341,112)
Non-cash flows in profit
Depreciation 85,723 22,539 30,002 22,539
Exploration expenditure written-off 382,689 1,416,793 340,265 1,416,793
Loan to Controlled Entity forgiven - - - 2,255,101
Impairment of goodwill 144,785 - 144,785 -
(Gain)/loss on disposal of property,
plant & equipment 28,011 - (2,433) -
(Gain)/loss on disposal of subsidiary 806,506 - (1,101,056) -
(Increase)/decrease in trade & term debtors (38,370) (47,137) 21,067 (1,000)
Increase/(decrease) in trade payables
and accruals (21,067) 8,488 (33,859) (25,876)
Other 186,893 (155,029) 18,009 175,310
Cashflow from operations (905,935) (832,408) (575,691) (498,245)
Note 25: Share-based Payments
There were no share based payments made during the financial year.
Note 26: Events After the Balance Sheet Date
No matter or circumstances have arisen since the end of the reporting date and the date of this report which
significantly affects or may significantly affect the results of the operations of the Company.
Note 27: Related Party Transactions
The names of each person holding the position of Director of Ashburton Minerals Ltd since the beginning of the
financial year are:
• Mr Rick Crabb
• Mr Tom Dukovcic
• Mr Rodney Dunn
Apart from the Directors’ remuneration disclosed in the Director’s Report, no Directors have entered into a contract
with the Economic Entity since the end of the previous financial year and there are no material contracts involving
Directors’ interests existing at year end.
Transactions between related parties are on normal commercial terms and conditions no more favourable than those
available to other parties unless otherwise stated.
NOTES TO THE FINANCIAL STATEMENTS for the year ended 30 June 2006
ASHBURTON MINERALS LTD 2006 49
Note 27: Related Party Transactions (cont’d)
E conomic Entity Parent Entity
2006 2005 2006 2005
$ $ $ $
Transactions with related parties:
Key Management Personnel
Repayment of loan to Titanic Holdings Pty Ltd,
a company in which Mr Dunn is a director. 104,459 - 104,459 -
Repayment of loan to Westessa Holdings Pty Ltd,
a company in which Mr Crabb is a director. 51,341 - 51,341 -
Note 28: Financial Instruments
(a) Financial Risk Management
The group’s financial instruments consist mainly of deposits with banks, accounts receivable and payable, loans to
and from subsidiaries.
Financial Risk
The main risks the group is exposed to through its financial instruments are interest rate risk, foreign currency
risk, liquidity risk, credit risk and interest rate risk.
Foreign currency risk
The group is exposed to fluctuations in foreign currencies arising from the sale and purchase of goods and
services in currencies other than the group’s measurement currency.
Liquidity risk
The group manages liquidity risk by monitoring forecast cash flows and ensuring that adequate unutilised
borrowing facilities are maintained.
Credit risk
The maximum exposure to credit risk, excluding the value of any collateral or other security, at balance date
to recognised financial assets, is the carrying amount, net of any provisions for impairment of those assets,
as disclosed in the balance sheet and notes to the financial statements.
The Economic Entity does not have any material credit risk exposure to any single receivable or group of
receivables under financial instruments entered into by the Economic Entity.
NOTES TO THE FINANCIAL STATEMENTS for the year ended 30 June 2006
50 ASHBURTON MINERALS LTD 2006
Note 28: Financial Instruments (cont’d)
(b) I nterest rate risk exposure
Interest Rate Risk
The Economic Entity’s exposure to interest rate risk, which is the risk that a financial instruments value will
fluctuate as a result of changes in market interest rates and the effective weighted average interest rates on
classes of financial assets and financial liabilities, is as follows:
W eighted Fixed Interest rate N on-interest
A verage Floating maturing B earing
E ffective I nterest Rate 1 to 5 Years T otal
I nterest Rate $ $ $ $
2006 2005 2006 2005 2006 2005 2006 2005 2006 2005
Financial
Assets:
Cash 4.2% 4.0% 965,084 1,908,062 - - - - 965,084 1,908,062
Receivables 4.2% 4.0% 42,231 52,055 - - 165,685 117,491 207,916 169,546
Investments - - - - 3,201 3,202 3,201 3,202
Total Financial
Assets 1,007,315 1,960,117 - - 168,886 120,693 1,176,201 2,080,810
Financial
Liabilities:
Trade and sundry creditors - - - - 188,872 202,699 188,872 202,699
Total Financial
Liabilities - - - - 188,872 202,699 188,872 202,699
(c) N et Fair Values
The net fair values of:-
- Listed investments have been valued at the quoted market price at balance date adjusted for transaction
costs expected to be incurred. For unlisted investments where there is no organised financial market the net
fair value has been based on a reasonable estimation of the underlying net assets or discounted cashflows
of the investment.
- Other assets and liabilities approximate their carrying value
No financial assets and liabilities are readily traded on organised markets in standardised form other than listed
investments, forward exchange contracts and interest rate swaps.
NOTES TO THE FINANCIAL STATEMENTS
NOTES TO THE FINANCIAL STATEMENTS for the year ended 30 June 2006
ASHBURTON MINERALS LTD 2006 51
Note 28: Financial Instruments (cont’d)
Aggregate net fair values and carrying values of financial assets and liabilities at balance date.
2006 2005
Carrying N et Fair Carrying N et Fair
A mount V alue A mount V alue
$ $ $ $
Financial Assets
Available for sale financial assets at fair value 3,201 3,201 3,202 3,202
Loans and receivables 207,916 207,916 169,546 169,546
211,117 211,117 172,748 172,748
Financial Liabilities
Other loans and amounts due 188,872 188,872 202,699 202,699
188,872 188,872 202,699 202,699
Note 29: Change in Accounting Policy
(a) The group has adopted the following accounting standards for application on or after 1 January 2005:
− AASB 132: Financial Instruments: Disclosure and Presentation; and
− AASB 139: Financial Instruments: Recognition and Measurement
The changes resulting from the adoption of AASB 132 relate primarily to increased disclosures required under the
standard and do not affect the value of amounts reported in the financial statements.
The adoption of AASB 139 has resulted in material differences in the recognition and measurement of the
group’s financial instruments. The group has elected not to adjust comparative information resulting form the
introduction of AASB 139 as permitted under the transitional provisions of this standard. As such, previous
Australian accounting standards have been applied to comparative information. A summary of the main
adjustments that would have resulted if AASB 139 was applied retrospectively are included below.
A vailable-for-sale Financial Assets
Under AASB 139, available-for-sale financial assets are revalued to fair value at reporting date. All adjustments
resulting from changes in fair value are taken directly to equity. If AASB 139 had been applied retrospectively,
a number of financial assets reflected at cost in the comparative year would have been adjusted to fair value at
30 June 2005. This would have resulted in an increased carrying value attributable to financial assets at 30 June
2005, and a corresponding increase in reserves at that date.
NOTES TO THE FINANCIAL STATEMENTS for the year ended 30 June 2006
52 ASHBURTON MINERALS LTD 2006
Note 29: Change in Accounting Policy (cont’d)
(b) The following Australian Accounting Standards have been issued or amended and are applicable to the Parent
and Economic Entity but are not yet effective. They have not been adopted in preparation of the financial
statements at reporting date.
AASB AASB Standard N ature of Change in A pplication A pplication
Amendment A ffected A cccounting Policy and D ate of the D ate for the
I mpact S tandard Group
2004-3 AASB 1: First time Adoption No change, no impact 1 January 2006 1 July 2006
of AIFRS
AASB 101: Presentation of No change, no impact 1 January 2006 1 July 2006
Financial Statements
AASB 124: Related Party No change, no impact 1 January 2006 1 July 2006
Disclosures
2005-1 AASB 139: Financial No change, no impact 1 January 2006 1 July 2006
Instruments: Recognition
and Measurement
2005-5 AASB 1: First time Adoption No change, no impact 1 January 2006 1 July 2006
of AIFRS
AASB 139: Financial No change, no impact 1 January 2006 1 July 2006
Instruments: Recognition
and Measurement
2005-6 AASB 3: Business No change, no impact 1 January 2006 1 July 2006
Combinations
AASB 139: Financial Ashburton Minerals 1 January 2006 1 July 2006
Instruments: Disclosure & Ltd is in the process
Presentation of evaluating the effect of
these changes of which
the impact is not
reasonably estimable at
the date of this financial
report
2005-10 AASB 139: Financial No change, no impact 1 January 2006 1 July 2006
Instruments: Disclosure &
Presentation
AASB 101: Presentation of No change, no impact 1 January 2006 1 July 2006
Financial Statements
AASB 114: Segment Reporting No change, no impact 1 January 2006 1 July 2006
AASB 117: Leases No change, no impact 1 January 2006 1 July 2006
AASB 133: Earnings per share No change, no impact 1 January 2006 1 July 2006
AASB 132: Financial
Instruments: Disclosure and No change, no impact 1 January 2006 1 July 2006
Presentation
AASB 1: First time Adoption No change, no impact 1 January 2006 1 July 2006
of AIFRS
NOTES TO THE FINANCIAL STATEMENTS for the year ended 30 June 2006
ASHBURTON MINERALS LTD 2006 53
Note 29: Change in Accounting Policy (cont’d)
AASB AASB Standard N ature of Change in A pplication A pplication
Amendment A ffected A cccounting Policy and D ate of the D ate for the
I mpact S tandard Group
2006-1 AASB 121: The Effects of No change, no impact 1 January 2006 1 July 2006
Changes in Foreign Exchange
Rates
New Standard AASB 7: Financial No change, no impact 1 January 2006 1 July 2006
Instruments: Disclosure
New Standard AASB 119: Employee Benefits: No change, no impact 1 January 2006 1 July 2006
December 2004
All other pending Standards issued between the previous financial report and the current reporting dates have no
application to either the Parent or Economic Entity.
AASB AASB Standard
Amendment A ffected
2005-4 AASB 139: Financial Instruments: Recognition and Measurement
AASB 132: Financial Instruments: Disclosure and Presentation
2005-9 AASB 139: Financial Instruments: Recognition and Measurement
AASB 132: Financial Instruments: Disclosure and Presentation
Note 30: Company Details
The registered office of the Company is:
Level 2
35-37 Havelock Street
West Perth WA 6005
Tel: [phone]
Fax: [phone]
The principal place of business is:
Level 2
35-37 Havelock Street
West Perth WA 6005
Tel: [phone]
Fax: [phone]
NOTES TO THE FINANCIAL STATEMENTS for the year ended 30 June 2006
54 ASHBURTON MINERALS LTD 2006
The Directors of the Company declare that:
1. the financial statements and notes, as set out on pages 13 to 52, are in accordance with the Corporations Act
2001 and:
(a) comply with Accounting Standards and the Corporations Regulations 2001; and
(b) give a true and fair view of the financial position as at 30 June 2006 and of the performance for the year
ended on that date of the Company and Economic Entity;
2. the Chief Executive Officer and Chief Finance Officer have each declared that:
(a) the financial records of the Company for the financial year have been properly maintained in accordance
with section 286 of the Corporations Act 2001;
(b) the financial statements and notes for the financial year comply with the Accounting Standards; and
(c) the financial statements and notes for the financial year give a true and fair view.
3. in the Directors’ opinion there are reasonable grounds to believe that the Company will be able to pay its debts
as and when they become due and payable.
This declaration is made in accordance with a resolution of the Board of Directors.
Mr T Dukovcic
Managing Director
Dated this 28th day of September 2006
DIRECTORS’ DECLARATION
ASHBURTON MINERALS LTD 2006 55
INDEPENDENT AUDIT REPORT
INDEPENDENT AUDIT REPORT TO THE MEMBERS OF ASHBURTON MINERALS LIMITED
SCOPE
The Financial Report, Remuneration Disclosures & Directors’ Responsibility
The financial report comprises the balance sheet, income statement, cash flow statements, statement of changes in
equity, accompanying notes to the financial statements, and the directors’ declaration for both Ashburton Minerals
Ltd (the “Company”) and Ashburton Minerals Ltd Group (“the Consolidated Entity”) for the year ended 30 June 2006.
The Consolidated Entity comprises both the Company and the entities it controlled during that year.
The Company has disclosed information about the remuneration of directors and executives (“remuneration disclosures”),
as required by Accounting Standard AASB 124: Related Party Disclosures, under the heading ”Remuneration Report”
in pages 11 to 13 of the directors’ report, as permitted by the Corporations Regulations 2001.
The directors of the Company are responsible for the preparation and true and fair presentation of the financial report
in accordance with the Corporations Act 2001. This includes responsibility for the maintenance of adequate accounting
records and internal controls that are designed to prevent and detect fraud and error, and for the accounting policies
and accounting estimates inherent in the financial report. The directors are also responsible for the remuneration
disclosures contained in the directors’ report.
Audit Approach
We conducted an independent audit in order to express an opinion to the members of the Company. Our audit was
conducted in accordance with Australian Auditing Standards in order to provide reasonable assurance as to whether
the financial report is free of material misstatement and the remuneration disclosures comply with Accounting
Standard AASB 124 and the Corporations Regulations 2001. The nature of an audit is influenced by factors such as
the use of professional judgement, selective testing, the inherent limitations of internal control, and the availability
of persuasive rather than conclusive evidence. Therefore, an audit cannot guarantee that all material misstatements
have been detected.
We performed procedures to assess whether in all material respects the financial report presents fairly, in accordance
with the Corporations Act 2001, Accounting Standards, and other mandatory financial reporting requirements in
Australia, a view which is consistent with our understanding of the Company’s and the Consolidated Entity’s financial
position, and of their performance as represented by the results of their operations, changes in equity and cash flows.
We also performed procedures to assess whether the remuneration disclosures comply with Accounting Standard
AASB 124 and the Corporations Regulations 2001.
We formed our audit opinion on the basis of these procedures, which included:
examining, on a test basis, information to provide evidence supporting the amounts and disclosures in the
financial report and remuneration disclosures, and
assessing the appropriateness of the accounting policies and disclosures used and the reasonableness of
significant accounting estimates made by the directors.
While we considered the effectiveness of management’s internal controls over financial reporting when determining
the nature and extent of our procedures, our audit was not designed to provide assurance on internal controls.
INDEPENDENCE
In conducting our audit, we followed applicable independence requirements of Australian professional ethical
pronouncements and the Corporations Act 2001.
•
•
56 ASHBURTON MINERALS LTD 2006
AUDIT OPINION
In our opinion:
(1) the financial report of Ashburton Minerals Ltd is in accordance with:
(a) the Corporations Act 2001, including:
(i) giving a true and fair view of the Company’s and Consolidated Entity’s financial position as at 30 June
2006 and of their performance for the year ended on that date; and
(ii) complying with Accounting Standards in Australia and the Corporations Regulations 2001; and
(b) other mandatory financial reporting requirements in Australia; and
(2) the remuneration disclosures that are contained in pages 12 to 14 of the directors’ report comply with Accounting
Standard AASB 124 and the Corporations Regulations 2001.
NEIL PACE MOORE STEPHENS
PARTNER CHARTERED ACCOUNTANTS
Signed at Perth this 28th day of September 2006.
INDEPENDENT AUDIT REPORT
ASHBURTON MINERALS LTD 2006 57
This statement outlines the main corporate governance practices in place throughout the financial year, which comply
with the ASX Corporate Governance Council recommendations, unless otherwise stated.
Board of Directors
The Board’s primary role is the protection and enhancement of long-term shareholder value.
To fulfil this role, the Board is responsible for the overall corporate governance of the Consolidated Entity including
formulating its strategic direction, approving and monitoring capital, exploration and operating expenditure, setting
remuneration, appointing and removing directors and senior employees, establishing and monitoring the achievement
of management’s goals and ensuring the integrity of internal control and management information systems. It is also
responsible for approving and monitoring financial and other reporting.
The Board has delegated responsibility for operation and administration of the Company to the Executive Directors
and senior employees.
Identification of Independent Directors
The independent Director of the Company is Mr Rick Crabb. Mr Crabb was a principal of the firm Blakiston & Crabb.
Blakiston & Crabb have been one of the providers of legal services to the Company. Mr Crabb ceased as a principal of
Blakiston & Crabb on 30 June 2004 and now focuses on his public company directorships and investments.
Board Processes
Due to the small size of the board all matters that would be addressed by committees (eg. nomination committee,
audit committee) are dealt with by the full Board of Directors.
The board has established a framework for the Consolidated Entity including a system of internal control, a business
risk management process and the establishment of appropriate ethical standards.
The full board holds regular meetings to discuss operational matters, plus strategy meetings and any extraordinary
meetings at such other times as may be necessary to address any specific significant matters that may arise.
The agenda for meetings is prepared in conjunction with the chairman, Executive Directors and Company Secretary.
Board reports are circulated in advance.
Independent Professional Advice and Access to Company Information
If a Director considers it necessary to obtain independent professional advice to properly discharge the responsibility
of his/her office as a Director then, provided the Director first obtains approval for incurring such expense from the
chairperson, the Company will pay the reasonable expenses associated with obtaining such advice.
Composition of the Board
The names and profile of each Director of the Company at the date of this report are set out in the Director’s report.
The composition of the board is determined using the following principles:
The Board should comprise at least three directors. This number may be increased where it is felt that additional
expertise is required in specific areas, or when an outstanding candidate is identified;
The Board may comprise a majority of executive directors. Due to the small size of the board it is not considered
necessary that the majority of the board should be independent directors;
The Board should comprise directors with a broad range of expertise, with a majority of directors having extensive
knowledge of the Company’s industry;
•
•
•
CORPORATE GOVERNANCE STATEMENT for the year ended 30 June 2006
58 ASHBURTON MINERALS LTD 2006
Composition of the Board (cont’d)
Directors appointed by the Board are subject to election by shareholders at the following annual general meeting
and thereafter directors (excluding the Managing Director) are subject to re-election at least every two years.
The composition of the Board is reviewed on an annual basis to ensure that the Board has the appropriate mix of
expertise and experience. When a vacancy exists, through whatever cause, or where it is considered that the Board
would benefit from the services of a new director with particular skills, a panel of candidates is selected with the
appropriate expertise and experience. External advisers may be used to assist in such a process. The Board then
appoints the most suitable candidate who must stand for election at the next general meeting of shareholders.
Director Evaluation
During the Reporting Period an evaluation of the Board and its members was facilitated by the Chairman and carried
out by the full Board in the absence of the relevant Board member.
Remuneration Report
Remuneration policies
The Board is responsible for determining remuneration policies and packages applicable to the Board members and
senior employees of the Company. Remuneration levels are competitively set to attract and retain appropriately
qualified and experienced directors and senior employees. The board remuneration policy is to ensure the remuneration
package properly reflects the person’s duties and responsibilities and level of performance and that remuneration
is competitive in attracting, retaining and motivating people of the highest quality. Where necessary, independent
advice on the appropriateness of remuneration packages is obtained.
Remuneration packages consist of fixed remuneration packages with no equity-based remuneration component.
There is no separate profit-share plan.
Options may be issued to directors as an incentive and in recognition of the fact that the fixed cash component of
remuneration is comparatively modest. The ability to exercise the options is conditional on the holder remaining in
the Company’s employment. There are no other non-cash benefits available to directors or employees.
The Company does not have any schemes for retirement benefits, other than statutory superannuation, for
directors.
Directors and Senior Executives Remuneration
Details of the nature and amount of each major element of the remuneration of each director of the Company and
the named officers of the Company receiving the highest remuneration are set out in Note 6.
Options granted to Directors and Officers
During or since the end of the financial year, no options were granted by the Company to directors and officers.
Unissued shares under option
As at the date of this report, there were 17,632,363 unissued ordinary shares under option. Further information in
respect of these options is set out in the Directors’ Report.
No option holder has any right under the options to participate in any other share issue of the Company or of any
other Entity.
•
CORPORATE GOVERNANCE STATEMENT for the year ended 30 June 2006
ASHBURTON MINERALS LTD 2006 59
Share Issued upon Exercise of Options
No options were exercised during or since the end of the financial year.
Audit Committee Meetings
During the Reporting Period, the full Board considered those matters that would otherwise be considered by an audit
committee on the following dates:
- 24 September 2005
- 16 March 2006
Risk Management
Oversight of the Risk Management System
The Board overseas the establishment, implementation, and annual review of the Company’s Risk Management
System. Management has established and implemented the Risk Management System for assessing, monitoring and
managing operational, financial reporting and compliance risks for the Consolidated Entity. Financial reporting risk
management and associated compliance and controls have been assessed and found to be operating adequately. The
operational and other compliance risk management have also been assessed and found to be operating efficiently
and effectively. All risk assessments covered the whole financial year and the period up to the signing of the financial
report for all material operations in the Consolidated Entity.
Risk Profile
The Executive Directors report to the Board regularly on the status of risks, ensuring that they are identified, assessed
and appropriately managed.
Major risks arise from such matters as political risk, exploration risk, security to tenure, environment, government
policy changes, commodity prices, occupational health and safety and financial reporting.
Procedures have been established to ensure:
The political situation in Brazil is closely monitored;
Exploration expenditure is incurred in accordance with an approved budget;
Joint ventures and project acquisitions are properly authorised and executed;
The quality and integrity of personnel;
Financial reporting accuracy and compliance with the financial reporting regulatory framework;
Environmental regulation compliance.
Quality and Integrity of Personnel
Formal appraisals are conducted at least annually for all employees. Training and development and appropriate
remuneration and incentives with regular performance reviews create an environment of co-operation and
constructive dialogue with employees.
Financial Reporting
The Executive Directors have declared in writing to the Board that the Company’s financial reports are founded on
a sound system of risk management and internal compliance and control which implements the policies adopted by
the Board.
•
•
•
•
•
•
CORPORATE GOVERNANCE STATEMENT for the year ended 30 June 2006
60 ASHBURTON MINERALS LTD 2006
Environmental Regulation
The Consolidated Entity holds exploration interests in Brazil and Australia. The Consolidated Entity’s operations are
subject to environmental regulations in Brazil and Australia in relation to its exploration activities.
The Consolidated Entity is committed to achieving a high standard of environmental performance. The Executive
Directors are responsible for the regular monitoring of environmental exposures and compliance with environmental
regulations. As part of this process they are responsible for:
Implementing environmental management plans in operating areas which may have a significant environmental
impact;
Identifying where remedial actions are required and implementing action plans.
The Board is advised of any significant environmental issues as they occur. Based upon the work completed, the Board
is not aware of any significant breaches of environmental requirements during the period covered by this report.
Ethical Standards
The Board acknowledges the need for continued maintenance of the highest standards of corporate governance
practice and ethical conduct by all Directors and employees of the Consolidated Entity. A fundamental theme of the
Consolidated Entity’s code of ethics is that all business affairs are conducted legally, ethically and with the strict of
the highest standards of integrity and propriety. The Directors and management have the responsibility to carry out
their functions with a view to maximising financial performance of the Consolidated Entity.
All Directors and employees are expected to act with the utmost integrity and objectivity, striving at all times to
enhance the reputation and performance of the Consolidated Entity.
Conflict of Interest
Directors must keep the board advised, on an ongoing basis, of any interest that could potentially conflict with those
of the Company. Where the Board believes that a significant conflict exists for a Director on a Board matter, the
Director concerned does not receive the relevant Board papers and is not present at the meeting whist the item is
considered. Details of director related entity transactions with the Company and the Consolidated Entity are set out
in note 27.
Trading in General Company Securities by Directors and Employees
The Policy on trading in Company securities by directors and employees is that directors and employees are prohibited
from dealing in company shares or exercising options whilst in possession of price sensitive information not yet
released to the market.
Communication with Shareholders
The Board provides shareholders with information using a comprehensive continuous disclosure policy which includes
identifying matters that may have a material effect on the price of the Company’s securities, notifying them to ASX,
posting them on the Company’s website and issuing media releases.
In summary, the continuous disclosure policy operates as follows:
The Executive Directors and the Company Secretary are responsible for interpreting the Company’s policy and
where necessary informing the Board. The Company Secretary is responsible for all communications with the
ASX;
The full annual financial report is distributed to all shareholders;
•
•
•
•
CORPORATE GOVERNANCE STATEMENT for the year ended 30 June 2006
ASHBURTON MINERALS LTD 2006 61
Communication with Shareholders (cont’d)
The half-yearly report contains summarised financial information and a review of the operations of the
Consolidated Entity during the period. The half-year reviewed financial report is lodged with the Australian
Securities and Investments Commission and the ASX, and sent to any shareholder who requests it;
Quarterly reports contain summarised financial information and a review of the operations of the Consolidated
Entity during the period. The quarterly reports are lodged with the ASX, and sent to any shareholder who requests
them;
Proposed major changes in the Consolidated Entity which may impact on share ownership rights are submitted
to a vote of shareholders;
All announcements made to the market are placed on the Company’s website after they are released to the
ASX;
The full texts of notices of meetings and associated explanatory material are placed on the Company’s website;
The external auditor is requested to attend the annual general meeting to answer any questions concerning the
audit and the content of the auditor’s report.
All the above information is made available on the Company’s website within three days of public release and is
emailed to all shareholders who lodge their email contact details with the Company. Information on lodging email
addresses with the Company are available on the Company’s website.
The Board encourages full participation of shareholders at the Annual General Meeting, to ensure a high level of
accountability and identification with the Consolidated Entity’s strategy and goals. Important issues are presented to
the shareholders as single resolutions.
A copy of the Constitution is available to any shareholder who requests it.
•
•
•
•
•
•
CORPORATE GOVERNANCE STATEMENT for the year ended 30 June 2006
62 ASHBURTON MINERALS LTD 2006
SUPPLEMENTARY (ASX) INFORMATION
Shareholding Details
The following shareholder information was applicable as at 03 October 2006.
1. D istribution of shareholding
The distribution of members and their shareholdings was as follows:
N umber Held N umber of Shareholders
1 - 1,000 175
1,001 - 5,000 375
5,001 - 10,000 241
10,001 - 100,000 437
100,001 - 75
T otal number of Shareholders 1303
2. T wenty largest Shareholders (as at 03 October 2006):
NU MBER OF ORDINARY
SHARE HOLDER SHARES %
1 ANZ NOMINEES LIMITED 39,342,737 49.40
2 RED PEAKS PTY LTD 3,084,888 3.87
3 MINMET (ISLE OF MAN) LIMITED 1,609,332 2.02
4 IOMA PTY LTD 1,339,625 1.68
5 BERNE NO 132 NOMINEES PTY LTD 785,619 0.99
6 MR JEFFREY RAYNER & BERNADETTE RAYNER 553,334 0.69
7 FORTIS CLEARING NOMINEES PTY LTD 526,312 0.66
8 MRS LILIANA TEOFILOVA 504,375 0.63
9 BARLARGO PTY LTD 500,000 0.63
10 MR JAN SKORPIL & MRS COLLEEN SKORPIL 500,000 0.63
11 TENACITY RESOURCES PTY LTD 444,445 0.56
12 MASON FRESH BERRIES PTY LTD 435,000 0.55
13 NATIONAL NOMINEES LIMITED 430,000 0.54
14 MR IANAKI SEMERDZIEV 420,000 0.53
15 MR CHRISTOPHER WILLIAM MCKINNON 370,000 0.46
16 MR SALEEM SHEHADIE 345,867 0.43
17 MR PAUL VINCENT MASON & MRS CHERIE LEANNE MASON 330,000 0.41
18 MR RAY WILLIA

[Gelfling]

Teil IV
=======
18 MR RAY WILLIAM GARDINER & MRS HELEN JEAN GARDINER 315,000 0.40
19 LAWRENCE CROWE CONSULTING PTY LTD 300,000 0.38
20 IOMA PTY LTD 300,000 0.38
52,436,534 65.84
3. S ubstantial Shareholders
The following shareholders have advised the Company as having a substantial interest, being 5.0% or greater, in the
issued capital of the Company:
NU MBER OF ORDINARY
NAME SHARES %
ANZ Nominees Limited 39,342,737 49.40
ASHBURTON MINERALS LTD 2006 63
4. D istribution of Listed Optionholdings
The distribution of members and their listed option holdings (as at 03 October 2006) was as follows:
N umber Held N umber of Option Holders
1 - 1,000 195
1,001 - 5,000 150
5,001 - 10,000 59
10,001 - 100,000 78
100,001 - 22
T otal number of Option Holders 504
5. T wenty largest 31 March 2007 Listed Option Holders (as at 03 October 2006):
NU MBER OF
OPTION HOLDER OPTIONS %
1 DALKEITH RESOURCES PTY LTD 1,745,380 14.39
2 ANZ NOMINEES LIMITED 1,338,584 11.03
3 ISAIAH SIXTY PTY LTD 625,997 5.16
4 MR CHRISTOPHER WILLIAM MCKINNON 625,668 5.16
5 REMORA PTY LTD 523,366 4.31
6 RED PEAKS PTY LTD 512,062 4.22
7 MR MAURICE ROBERT RICHARDS 388,931 3.21
8 MR CHRISTOPHER WILLIAM MCKINNON 378,334 3.12
9 STEPHANIE GROSE ADVERTISING PTY LTD 350,000 2.88
10 DR JOHN RING 350,000 2.88
11 MR GREGORY BOYD MOUNT & MRS ELIZABETH MOUNT 321,651 2.65
12 MR JOHN PEOS 255,509 2.11
13 MR CHARLES THOMAS FORD 206,509 1.70
14 NAPPA PTY LTD 200,000 1.65
15 ISAIAH SIXTY PTY LTD 167,103 1.38
16 MR NORRIS BROOK 148,263 1.22
17 MRS BERNADETTE SZESZYCKI 127,266 1.05
18 HILLBEN INVESTMENTS PTY LTD 113,332 0.93
19 MR AUSTIN JOSEPH CAREW 110,000 0.91
20 MRS PATRICIA MARGARET WILLIAMS 106,428 0.88
8,594,383 70.84
6. V oting Rights
In accordance with Item 73 of the Company’s Constitution, on a show of hands every shareholder present in person
or by proxy, attorney or representative of a shareholder has one vote and, on a poll, every shareholder present in
person or by proxy, attorney or representative of a shareholder has in respect of fully paid shares, one vote for each
share held.
7. R estricted Securities
There are no restricted securities in the capital of the Company on issue.
8. S tock Exchange Listing
Ashburton Minerals Ltd is listed on the Australian Stock Exchange Limited. The trading code for the Company’s fully
paid ordinary Shares is ATN and ATNO for its listed Options.
SUPPLEMENTARY (ASX) INFORMATION
64 ASHBURTON MINERALS LTD 2006
Level 2, 35 Havelock Street
West Perth WA 6005
PO Box 517, West Perth WA 6872
T: [phone] F: [phone]
[e-mail]
www.ashburton-minerals.com.au
ABN: 99 008 894 442
ASHBURTON MINERALS LTD
===========================================

Sorry, ging nicht anders (auch wenn´s nervt).
Hofentlich geht jetzt ASHBURTON nach dieser "Mammutarbeit" an die
Reparatur der Homepage.

So, wäre auch Mal dankbar für Anmerkungen.

[Gelfling]

Guten Morgen
Derzeitiger Kurs in Australien:

Kurs:...............0,048AUD....(0,029€)

Gehandelt:............................................53.700 Aktien

BID:..............0,048AUD....(0,029€).......162.966 Aktien
ASK:.............0,050AUD....(0,030€)........62.035 Aktien

Bemerkung>
0,030€, wo bleibt ihr

[Gelfling]

Guten Morgen
Derzeitiger Kurs in Australien:

Kurs:...............0,050AUD....(0,030€)

Gehandelt:..............................................21.358 Aktien

BID:..............0,048AUD....(0,029€).......162.966 Aktien
ASK:............0,050AUD....(0,030€).........70.677 Aktien

Bemerkung>
0,030€, wo bleibt ihr.....
Schade, dass keiner etwas zu dem Report ASHBURTON anzumerken hat.
Nun ja, wait and see later.
Liebe Grüße
GELFLING

[Gelfling]

Guten Morgen
Derzeitiger Kurs in Australien:

Kurs:...............0,048AUD....(0,029€)

Gehandelt:............................................200.677 Aktien

BID:..............0,048AUD....(0,029€).... 162.289 Aktien
ASK:............0,054AUD....(0,033€).......35.000 Aktien

Bemerkung:
Zuletzt wurde in Australien mit "677 Aktien" der Kurs von 0,050AUD auf 0,048AUD gedrückt!

Meiner Meinung nach ist die Situation ASHBURTONS unverändert und gut.
Schade, dass es keine Anmerkungen, Anregungen, Fragen gibt.
Wer von Euch sich nicht traut /warum auch immer/ kann mir auch eine
Mail schreiben.

Liebe Grüße
GELFLING

[evens]

Was willste denn anregen!
Solange die Asher net in die Gänge kommen, und mal ein paar knackige News veröffentlichen bzw. einen größeren Pusherbrief bezahlen tut sich da nix!

[Gelfling]

Antwort auf Beitrag Nr.: 25.055.762 von evens am 01.11.06 10:57:13

Guten Morgen evens
ja, wir brauchen jetzt Mal knackige NEWS!!!

Derzeitiger Kurs in Australien:

Kurs:...............0,048AUD....(0,029€)

Gehandelt:.........................................224.500 Aktien

BID:..............0,048AUD....(0,029€)......15.433 Aktien
ASK:............0,054AUD....(0,033€)......35.000 Aktien

Bemerkung:
Wait ans see.....

[boerseaugsburg]

Antwort auf Beitrag Nr.: 25.074.181 von Gelfling am 02.11.06 07:36:58

hí,

dann schreib uns doch einfach mal deine meinung dazu.

[Gelfling]

Antwort auf Beitrag Nr.: 25.076.721 von boerseaugsburg am 02.11.06 10:12:14

Guten Morgen

Derzeitiger Kurs in Australien:

Kurs:...............0,048AUD....(0,029€)

Gehandelt:.........................................000.000 Aktien

BID:..............0,045AUD....(0,027€)......40.000 Aktien
ASK:............0,054AUD....(0,033€)......35.000 Aktien

Bemerkung:

Meine Meinung ist weiterhin positiv, wenn auch zur Zeit etwas
verhalten.
Hierbei orientiere ich mich auf die Gesamtlage und Projekte
ASHBURTON. Die Gebiete sind sehr erfolgsversprechend.
Nicht umsonst sind dort auch andere Explorer und viele Garimpeiros.


Nächste Woche wird auf der dann intakten, deutschen Homepage
der Quatarlsbericht und der aktuelle Sachstand stehen.
So die Mitteilung der letzten Nacht von ASHBURTON-MINERALS.

Wünsche uns ein schönes Wochenende und eine bestimmt kommende, sehr spannende Woche mit ASHBURTON-MINERALS.

Liebe Grüße
GELFLING

[Gelfling]

Guten Morgen

Derzeitiger Kurs in Australien:

Kurs:...............0,046AUD....(0,028€)

Gehandelt:...........................................5.668 Aktien

BID:..............0,046AUD....(0,028€).....124.332 Aktien
ASK:............0,054AUD....(0,033€)......35.000 Aktien

Bemerkung:
Spread ist schon enorm.
Uns allen eine gute ASHBURTON-Woche.

[Gelfling]

Guten Morgen

Derzeitiger Kurs in Australien:

Kurs:............0,050AUD....(0,030€)

Gehandelt:.........................................130.000 Aktien

BID:..............0,050AUD....(0,030€).............
ASK:............0,054AUD....(0,033€................

[Gelfling]

Guten Morgen

Derzeitiger Kurs in Australien:

Kurs:............0,050AUD....(0,030€)

Gehandelt:.........................................250.000 Aktien

BID:..............0,046AUD....(0,028€).............
ASK:............0,050AUD....(0,030€................


Bemerkung:
Wir kommen einfach nicht mehr groß über die 0,030Euro zur Zeit.

News sollte es geben, u.a.in Form von Ergebnissen LAVRINHA.
Da die noch nicht veröffentlicht sind, gehe davon aus, dass
die nicht gut sein dürften.
Letzte Nacht habe ich nochmals ASHBURTON angeschrieben.
Sollte ich bis Morgen keine Antwort erhalten, werde ich einen Teil der Shares rausziehen - natürlich mit Verlust.

Aber was solls. Ich habe seit ca. April wirklich alles versucht, um Inos usw. von ASHBURTON zu erhalten.

Die Fragen kann letztendlich nur ASHBURTON selber und vor allem ehrlich beantworten.
Da warte ich auf den Quartalsreport - soll in dieser Woche
kommen.

Siehe auch Postings:

#356 von Gelfling 21.09.06 19:02:51 Beitrag Nr.: 24.088.665
#402 von Gelfling 10.10.06 08:50:42 Beitrag Nr.: 24.529.024

Liebe Grüße
von dem gefrusteten
GELFLING

[saarwebweb]

Antwort auf Beitrag Nr.: 25.210.112 von Gelfling am 08.11.06 09:12:46

Hallo Gelfling,

sollte diese Woche nicht die Homepage in Deutsch sein?

Kannst Du mir sagen, was da auf der Homepage vom 6 - 8 November
verkündet wird?

Wenn Du aus dem Thread aussteigst, dann läuft hier gar nichts mehr
(siehe Deinen Urlaub).

Ursprünglich hatte ich beim Kauf dieser Aktie gedacht, weil sie
nur wenige Cent kostet, ist sie vielleicht mal ein Objekt für
die Zocker, aber selbst dafür reicht es nicht.

Beobachten werde ich Ashburton weiterhin, man kann ja nie wissen.

Viele Grüße
Sweb

[Gelfling]

Hallo saarwebweb und ASHBURTONS

Es soll der Quartalsbericht/Sachstand in dieser Woche kommen.
Dieses hatte mir ASHBURTON-MINERALS mitgeteilt.
Dazu soll noch deren Homepage "repariert" werden- sonst kann der
Report nicht gelesen werden.

Ich bin schon sehr enttäuscht von ASHBURTON.
Wenn die Resultate schlecht sind, Cash weniger wird, weil sie fortwährend arbeiten, kann es,
wie schon in dem Thread von einem User geschrieben, finanzielle Probleme (zumindest kurzfristig) geben, die vernünftig gelöst werden sollten bzw. müssen.

Ich hatte wieder Mal eine e-mail an ASHBURTON geschickt.
Warte, warte, warte...........auf Antwort.

In einer der letzten Mails die ich von ASHBURTON-MINERALS erhalten hatte, wurde empfohlen, ASHBURTON-shares zu kaufen.
Auf die anschließende Bitte, dieses für die Interssierten zu begründen , erhielt ich
noch keine Antwort.
Jedenfalls erweisen die sich selber einen "Bärendienst"!
Bleibe hier noch- zumindest bis der Report kommt.
Liebe Grüße
GELFLING

[hellen09]

Antwort auf Beitrag Nr.: 25.229.348 von Gelfling am 08.11.06 22:10:36

Wenn wir noch an die 1. Empfehlung vom Aktiomär denken ..... mit Kursziel 1 Euro ..... und ich mir den Kursverlauf der Aktie anschaue .... Respekt im negativen Sinn.
Also ich bin maßlos enttäuscht.
Ich habe lage still mitgelesen (super Arbeit hier von Dir Genlfling) und über ein erneutes Einsteigen nachgedacht, aber ich sehe da momentan noch keinen Grund dies wieder zu tun.
Vielleicht gibt es ja doch noch mal irgendwann etwas positives über Ashi zu berichten .... was mich überzeugt wieder dabei zu sein !!!!!

MfG Hellen

[Gelfling]

Antwort auf Beitrag Nr.: 25.233.160 von hellen09 am 09.11.06 06:58:23

Guten Morgen hellen09,
ASHBURTONS

In Australien ist der Kurs unverändert.
Naja, die "Super-Arbeit" hier ist nun wirklich nichts.
Eher etwas eintönig bislang.
Ein wenig mehr Aufwand ist schon die Kommunikation mit ASHBURTON.
Ich hoffe trotzdem, dass nun etwas positives passiert.
Wünsche uns einen guten Tag
Liebe Grüße
GELFLING

[saarwebweb]

Antwort auf Beitrag Nr.: 25.233.160 von hellen09 am 09.11.06 06:58:23

Hallo hellen09,

wann hat denn der Aktionär Ashburton empfohlen?

Vor ca. 3 Monaten hat jemand einen Leserbrief an den Aktionär
geschrieben, er hätte sich Ashi gekauft und wollte nun die
Aussichten wissen. Daraufhin hat der Aktionär Ashburton so was
von niedergemacht, als wenn es der schlechteste Explorer über-
haupt wäre.

Viele Grüße
Sweb

[Gelfling]

Guten Morgen
Derzeitiger Kurs in Australien:

Kurs:............0,050AUD....(0,030€)

Gehandelt:..............................................13.000 Aktien
BID:................0,048AUD....(0,029€)......520.000 Aktien
ASK:..............0,050AUD....(0,030€)........83.201 Aktien

Bemerkung:

Der zugesagte Report ist bislang nicht erschienen.

[hellen09]

Antwort auf Beitrag Nr.: 25.237.376 von saarwebweb am 09.11.06 12:12:49

Hallo saarwebweb,

Also ich habe mal nachgeschaut, wann das genau gewesen ist, mit der Empfehlung im Aktionär.
Ich kann nur sagen, daß war schon ne Weile her, um es auf den Punkt zu bringen Nov./Dez. 2003 bei Stand 0,10 Cent mit Ziel 1 Euro.
Danach ging die Aktie, in der spitzen Zeit, auf über 0,20 cent,um dann, bis zum jetzigen Zeitpunkt, eine Talfahrt hinzulegen.
Etwa ein viertel Jahr später, wurde dann nur noch ein Kursziel von 0,20 cent, in einem Beitrag angegeben.

MfG Hellen

[hellen09]

Antwort auf Beitrag Nr.: 25.237.376 von saarwebweb am 09.11.06 12:12:49

Übrigends, der Leserbrief und die Reaktion, von Seiten des Aktionärs, habe ich auch so in Erinnerung.

MfG Hellen

[saarwebweb]

Antwort auf Beitrag Nr.: 25.256.720 von hellen09 am 10.11.06 11:53:44

0,20 Cent--- womit wohl die meisten zum jetzigen Zeitpunkt
zufrieden wären.

Viele Grüße
Sweb

[hellen09]

Antwort auf Beitrag Nr.: 25.262.561 von saarwebweb am 10.11.06 16:36:49

Ich möchte auch wieder die 0,20 cent sehen.

Das maximale Volumen subterraner Agrarprodukte steht in reziproker Relation zur spirituellen Kapazität des Produzenten.
(Die dümmsten Bauern haben die größten Kartoffeln.)

MfG Hellen

[Gelfling]

Guten Morgen
Derzeitiger Kurs in Australien:

Kurs:............0,050AUD....(0,030€)

Gehandelt:.........................................402.000 Aktien

BID:..............0,050AUD....(0,030€).............
ASK:............0,055AUD....(0,033€................


Bemerkung:
Nachfolgend der Bericht.
Die Tabellen sind auf der Original-Homepage natürlich übersichtlich.
Was sagt Ihr zu ASHBURTON und dem Bericht?
Eure Meinungen dazu bitte.

QUARTALSBERICHT
über das 1. Quartal endend am 30. September 2006
Highlights
· Cuiaba Goldprojekt: Die Analyse der geophysikalischen
Daten weist auf eine Anzahl möglicher Bohrziele hin und
Bestätigt das Potenzial des gesamten Gebiets für strukturell
kontrollierte Goldlager; neue Anträge für Goldfelder
mit vielversprechenden Bohrzielen wurden gestellt.
· Abraum Bohrungen, Pocone Gebiet: Die Ergebnisse von Analysen durch Auslaugen mit Königswasser und Zyanid bestätigen verhältnismäßig niedrige Werte von durchschnittlich 0,14 g/t im Abraumsand.
· Lavrinha Bohrung: Die Bohrergebnisse weisen auf eine lokalisierte, hochwertige Zone (2 m @ 21 g/t) hin; Wirtsschiefer mit geringer Vererzung entlang 400 m (34 m @ 0,27 g/t).
· Konzern: Die Jahreshauptversammlung findet am 24. November 2006 um 09.00 Uhr im Constitutional Centre, West Perth, Westaustralien, statt.
Ashburton Minerals Ltd. ist ein Rohstoffunternehmen mit Sitz in Australien, das sich auf die Exploration und
Entwicklung moderner Goldprojekte in Brasilien zur Sicherstellung langfristiger und nachhaltiger Goldproduktion
konzentriert.
Goldprojekte in Brasilien
Das Unternehmen hat Brasilien als rohstoffreiches Land mit guter Infrastruktur und geringem Länderrisiko identifiziert, in dem sich hervorragende Möglichkeiten für moderne Goldprojekte bieten. Es wurde beschlossen die Marktpräsenz des Unternehmens, mit Schwerpunkt in den Bundesstaaten Mato Grosso und Goias auszubauen.
Exploration in Australien
Das Unternehmen fährt mit der Auswertung von Bohrzielen in Westaustralien fort, die vielversprechende Aussichten für eine Reihe von Metallen, darunter auch Gold, aufweisen. Die meisten dieser konzeptuell ausgewählten Bohrziele
befinden sich derzeit noch in einem sehr frühen Explorationsstadium.
EXPLORATION IN BRASILIEN Cuiaba Goldprojekt
Das Unternehmen weitet seine Aktivitäten bei der Goldexploration in Grundgestein aus und hat 10 neue Anträge in der Cuiaba-Pocone Region gestellt. Die fortlaufende Auswertung von Explorationsdaten, die im Rahmen des Abkommens mit der an der Londoner AIM- notierten Minmet plc zusammengetragen wurden, bestätigt eine großflächige, vielversprechende Goldmineralisierung in diesem Distrikt.
Insbesonders konnte das Unternehmen starke Ähnlichkeiten zwischen der proterozoischen Cuiaba-Pocone Region und der Situation in der von der Kinross Gold Corp. bewirtschafteten Paracatu Goldmine im Bundesstaat Minas Gerais im Osten Brasiliens bestätigen. In der Paracatu (oder Morro do Ouro) Mine wird ein riesiges Lager von nahezu 1 Mia. Tonnen aber niedrigem Erzgehalt abgebaut, dessen nachgewiesene und geschätzte Reserven sich bei ca. 0,44 g/t auf insgesamt 13 Mio. Unzen Gold belaufen.
Im Paracatu Modell wird Gold aus den proterozoischen Sedimenten der Umgebung durch metamorphische Veränderung konzentriert und in Verformungszonen der regionalen Überschiebungen abgelagert.
Die regionale Geologie und die Strukturen in Cuiaba sind mit denen von Paracatu nahezu identisch. Die laufenden privaten, garimpeiro Goldschürfungen im gesamten Distrikt konzentrieren sich auf enge, verkreuzte Quarzadern und anliegendes Nebengestein, wobei sich die Exploration bis heute anscheinend auf diese Lager mit beschränkter Tonnage beschränkte.
Das Unternehmen geht davon aus, dass die weit ausgedehnte Schürftätigkeit über ein so großes Gebiet, kombiniert mit dem Auftreten von günstigem Wirtsgestein und Strukturen innerhalb einer Überschneidung das Vorhandensein von verteilten Goldvorkommen des Paracatu- und Carlin-Typs in der Region von Cuiaba sehr wahrscheinlich machen.
Es wurde bereits mit RAB-Bohrungen von 5 km langen regionalen Traversen begonnen, um die Geologie, Verwitterungsprofile und Geochemie in verschiedenen Bereichen der Schichtfolge zu verifizieren. Die Bohrungen zielen darauf ab günstiges Wirtsgestein zu identifizieren, in dem anschließend entlang des Streichens und innerhalb vielversprechender Strukturen geschürft wird.
Über Eigenbesitz und das Joint Venture mit Minmet, sowie auch bedingt durch die Tatsache, dass das Unternehmen schon sehr früh in diesem Gebiet tätig wurde, war es möglich nennenswerte, interessante Teile des Cuiaba-Pocone Golddistrikts für die eigene Exploration zu sichern. Das Unternehmen ist überzeugt, dass wegen der systematischen Erfassung des Gebiets und der Konzentration auf große, verteilte Goldvorkommen die Chancen auf bedeutende Lager zu stoßen, sehr gut stehen.
Tailings JV
Die Untersuchungsergebnisse von Lufthebebohrungen an drei Dämmen im Ourinhos Gebiet, die während des vergangenen Quartals durchgeführt wurden, liegen seit letzter Woche vor.
Die Durchschnittsergebnisse der Bohrlöcher an den drei Dämmen, d. h. Absetzbecken 1, 2 und 7 sehen wie folgt aus: 0,14 g/t, 0,13 g/t und 0,16 g/t.
Insgesamt wurden 92 vertikale Löcher mit 1.211 m Länge im Lufthebeverfahren fertiggestellt und 619 Mischproben mit 2 m Länge in zwei Gruppen zur Untersuchung des Goldgehalts übergeben. Die Löcher wurden in einem Raster von 50 m x 25 m (25 m x 25 m bei dem kleineren Becken 7) gebohrt.
Eine Musterserie, bestehend aus 309 Mustern mit geraden Nummern, wurde dem australischen ALC Chemex Labor in Perth zur Analyse durch Auslaugung mit Zyanid übergeben. Die untersuchten 500 g Muster wurden den 2 kg schweren Feldmustern entnommen.
Die 2. Musterserie, bestehend aus 310 Mustern mit ungeraden Nummern und einem Gewicht von je 2 kg, wurde von den Acme Analytical Laboratories in Goiana, Brasilien, durch Auslaugen mit Königswasser und Plasma-Massenspektronomie (ICP-MS) analysiert.
Die Durchschnittswerte der Bohrlöcher waren bei beiden Methoden ähnlich, auch wenn es markante Unterschiede gab, die auf die körnige Natur des im Abraumsand enthaltenen Goldes zurückzuführen sind. Der durchschnittliche Korrelationskoeffizient der beiden Methoden für ganze Bohrlöcher beträgt 0,73, obwohl beide Methoden ähnliche Werte pro Damm insgesamt aufweisen (siehe Tabelle 1).
Von den 619 analysierten Mustern zeigten 37, d. h. 6 %, Goldwerte über 0,30 g/t. Die Höchstwerte betrugen in Becken 1: 0,85 g/t, in Becken 2: 0,76 g/t und in Becken 7: 0,66 g/t.
Tabelle 1: Zusammenfassung der Ourinhos Abraumergebnisse
Becken 1
Becken 2
Becken 7
Summe
Erfasstes Volumen(m3)
308,287
368,772
73,606
750,665
Tonnen1 (t)
524,089
626,912
125,130
1,276,131
Ergebnis: Königsw. ICP-MS (ppb)
135
130
158
Ergebnis: Zyanid Auslaugung (g/t)
0.14
0.13
0.17
Durchschnitt (g/t)
0.14
0.13
0.164
0.143
Goldgehalt (g)
70,752
81,498
20,521
172,771
Goldgehalt (oz)
2,275
2,620
660
5,555
Anmerkung 1: Die Tonnage wurde mit einer angenommenen Dichte von 1,7 t/m3 berechnet.
Da der Abraumsand in Ourinhos mit einer Hammermühle und einer sehr einfachen Kugelmühle bearbeitet wurde, ist seine Körnung mit großteils unter 200 Micron sehr fein. Die Analyse der Verteilung des Goldgehalts in den Abraumdämmen zeigt eine höhere Konzentration in der Nähe des Einlaufes, was die Hypothese bestätigte, dass in diesem Bereich die schwereren Partikel, d. h. Gold, gefunden werden würden. Der durchschnittliche Goldgehalt nimmt innerhalb von 50 m ab der Einlaufzone merklich ab.
Bei dieser Konzentration wäre eine alleinstehende Verarbeitung des Abraumsandes in Ourinhos nicht mehr wirtschaftlich.
Über das Joint Venture mit Minmet ist es dem Unternehmen jedoch gelungen Zugriff auf zusätzlichen Abraumsand zu erhalten, der zum Großteil in einem Radius von 60 km um Pocone verfügbar ist und somit in den Bereich des Tailings JV fällt, an dem Areias Douradas Pty Ltd, eine Tochtergesellschaft der Cougar Metals NL, mit 25% beteiligt ist.
Das Unternehmen hat mit der Bohrung an einigen dieser Lagerstätten begonnen und setzt die Auswertung des Abraums im Distrikt fort, wobei man sich auf Lager mit gröberem Sand konzentriert, der mit den weniger effizienten Hammermühlen bearbeitet wurde.
Lavrinha Goldschürfgebiet, Pontes e Lacerda, Mato Grosso
Im August und September führte das Unternehmen im Lavrinha Schürfgebiet im Rahmen des Pontes e Lacerda Joint Ventures mit Geomin Geologia Mineracao im westlichen Teil des Bundesstaates Mato Grosso ein RAB-Schlagbohrprogramm durch.
Der Zweck dieses Bohrprogramms war es entlang des Streichens die Ausdehnung der hochwertigen Lavrinha Goldmineralisation festzustellen, die durch Garimpeiro-Tätigkeiten und frühere Bohraktivitäten Dritter abgegrenzt ist. Man ging bei der Lavrinha-Schürfung von einem Potenzial in der Größenordnung von 200.000 bis 300.000 Unzen aus, die im Tagebau abgebaut werden könnten.
Die Bohrungen haben die erwartete Ausdehnung der Streichlänge der hochwertigen Zone nicht bestätigt. Diese beschränkt sich auf eine abfallende zentrale Lagerstätte innerhalb eines flach nach Norden laufenden Schieferwirtsgesteins.
Bestätigt wurde jedoch der hohe Erzgehalt der Lagerstätte, z. B. Bohrloch LAB 4 4,2 m @ 21,00 g/t, von 38 m, während sich das Schieferwirtsgestein mit niedrigem Erzgehalt bis zu 400 m nach Osten erstreckt, z. B. Bohrloch LAB 12, 34 m @ 0,27 g/t, von der Oberfläche.
Insgesamt wurden 16 Löcher, mit 627 m RAB-Bohrung gesetzt und Muster in Abständen von 1 m genommen. Die Löcher wurden entlang von 50 bis 100 m auseinanderliegenden Linien und nominalen 40 m Zentren entlang der Linien gebohrt. Die Bohrkonditionen waren im weicheren Schieferbereich gut und an den harten Quarzitbegrenzungen und Metaareniten sehr langsam, weshalb nicht alle geplanten Löcher gebohrt werden konnten. Trotzdem wird die vorliegende Information als ausreichend für die obigen Schlussfolgerungen angesehen.
Das Ergebnis der Untersuchungen ist, dass das Potenzial von Lavrinha als wichtige Mine für den Tagebau von Gold heruntergestuft wird. Die zentrale Lagerstätte besteht jedoch aus hochgradigem Erz bei einer noch festzustellenden Tiefe. In Zukunft wird zu untersuchen sein, ob sich Lavrinha für den Untertagebau eignet, wobei der Umfang des Vorkommens, die Richtung und die Kontinuität des Erzgehaltes noch zu bestimmen sind.
Eine Aufstellung der abweichenden Bohrabschnitte und der Bohrlochpositionen finden sich in Tabelle 2 und 3 am Ende dieses Berichts.
KONZERN
Jahreshauptversammlung
Die Jahreshauptversammlung des Unternehmens findet am 24. November 2006 um 09.00 Uhr im Constitutional Centre, Corner Havelock Street und Parliament Place, West Perth, Westaustralien, statt.
Tom Dukovcic
Geschäftsführer
31. Oktober 2006
Die in diesem Bericht enthaltenen Informationen in Zusammenhang mit Explorationsergebnissen oder Bodenschätzen beruhen auf
den von Hr. Tom Dukovcic, Mitglied des "Australian Institute of Geoscientists", zusammengestellten Informationen. Hr. Dukovcic
ist Vollzeitangestellter des Unternehmens und hat ausreichend Erfahrung um als kompetente Person im Sinne der Ausgabe 2004 des „Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves” zu gelten. Hr. Dukovcic hat der Aufnahme der von ihm zusammengestellten Information in diesen Bericht in der hier dargestellten Form und dem Kontext
zugestimmt.
Weitere Informationen finden Sie auf http://www.ashburton-minerals.com.au/, wo sie sich auch in unsere E-Liste eintragen können.
Tabelle 2: Lavrinha Schürfgebiet, RAB Bohrungen, abweichende Intercepts
Loch ID
INETRCEPT
Von (m)
bis (m)
LAB 1
2m @ 0.45 g/t
1m @ 0.6 g/t
9.00
15.00
11.00
16.00
LAB 2
4m @ 0.28 g/t
23.00
27.00
LAB 3
1m @ 0.6 g/t
7m @ 0.31 g/t
7m @ 0.26 g/t
6.00
18.00
43.00
7.00
25.00
50.00
LAB 4
3m @ 0.3 g/t
13m @ 3.84 g/t including
2m @ 21.00 g/t
28.00
38.00
38.00
31.00
51.00
40.00
LAB 5
2m @ 0.35 g/t
20m @ 0.26 g/t
15.00
30.00
17.00
50.00
LAB 6
16m @ 0.33 g/t
5m @ 0.27 g/t
2.00
30.00
18.00
34.00
LAB 8
21m @ 0.29 g/t
0.00
21.00
LAB 12
34m @ 0.27 g/t
0.00
34.00
LAB 13
16m @ 0.28 g/t
1.00
17.00
LAB 14
4m @ 0.27 g/t
26.00
29.00
LAB 15
13m @ 0.3 g/t
2.00
15.00
LAB 16
5m @ 0.3 g/t
19.00
24.00
Tabelle 3: Lavrinha Bohrlochpositionen
(Anmerkung: Koordinaten in UTM, Corrego Allegre, Zone 21 südl. Hemisphäre)
Loch ID
mO
mN
RL
Einfall
(m)
Einf.
Azimut
LAB 1
256346
8304109
525
17
60
147
LAB 2
256346
8304109
525
29
60
147
LAB 3
256387
8304182
522
51
60
147
LAB 4
256420
8304214
520
51
60
147
LAB 5
256566
8304360
520
54
60
147
LAB 6
256672
8304387
500
34
60
147
LAB 7
256650
8304432
502
43
60
147
LAB 8
256709
8304422
502
26
60
147
LAB 9
256744
8304452
492
54
60
147
LAB 10
256700
8304459
495
42
60
147
LAB 11
256680
8304496
487
54
60
147
LAB 12
256775
8304420
487
36
60
147
LAB 13
256819
8304439
480
31
60
147
LAB 14
256787
8304481
484
42
60
147
LAB 15
256855
8304475
475
34
60
147
LAB 16
256912
8304476
460
29
60
147

Liebe Grüße und eine schöne Woche
GELFLING

[Mooserwirt]

Antwort auf Beitrag Nr.: 25.354.090 von Gelfling am 13.11.06 09:10:03

Kursziel 0,06 Euro! Schnell!

[saarwebweb]

Antwort auf Beitrag Nr.: 25.354.090 von Gelfling am 13.11.06 09:10:03

Hallo Gelfling,

ganz herzlichen Dank für das Reinstellen dieses riesigen Reports.
Diese Arbeit würden sich sicher nicht viele in einem so wenig
besuchten Thread machen.

Was wäre dieser ohne Dich???

Sollte man nicht mal, wie viele andere es auch machen, diese
Aktie in einem anderern Thread erwähnen?

So würde das Interesse vielleicht daran steigen.

Viele Grüße an Dich und ALLE hier im Thread
Sweb

[Gelfling]

Antwort auf Beitrag Nr.: 25.360.838 von saarwebweb am 13.11.06 16:10:24

Guten Morgen saarwebweb
und ASHBURTON-Gemeinde

das ist ja das Gute hier, dass sich Mal Jemand überhaupt meldet.

Derzeitiger Kurs in Australien:

Kurs:............0,055AUD....(0,033€)

Gehandelt:.........................................110.000 Aktien

BID:..............0,049AUD....(0,030€).............
ASK:............0,059AUD....(0,035€)................

Bemerkung:
Die Jahreshauptversammlung des Unternehmens findet am 24. November 2006 um 09.00 Uhr im Constitutional Centre, Corner Havelock Street und Parliament Place, West Perth, Westaustralien, statt.

Fliegt jemand dorthin?

Ansonsten: Warten wir erst Mal die JHV ab, oder?

[saarwebweb]

Antwort auf Beitrag Nr.: 25.377.591 von Gelfling am 14.11.06 09:01:40

Hallo Gelfling, vielleicht kannst Du mit helfen, ich
schaffe es nicht, die Deutsche Seite aufzurufen.

Mit ashburton.com finde ich keine deutsche Seite,,
unter ashburton-minerals.com kommt gar nichts.

Sollte der Kurs von Stuttgart stimmen, würde man sich sonst
wo hin beißen.

Viele Grüsse,

Sweb

[Mooserwirt]

Antwort auf Beitrag Nr.: 25.377.591 von Gelfling am 14.11.06 09:01:40

Die Direktoren haben ca. 670000 Aktien in den letzten tagen gekauft.Nur Deutschland bleibt entspannt unnd verkauft deutlichst unter Parität.Manchen Leuten ist nicht zu helfen.Erst 10% über Parität zu Höchstkursen kaufen und später dann zu Tiefatkursen 10% unter Parität verkaufen.Wie gesagt,immer eingutes Zeichen,wenn in deutschland unter Pari gehandelt wird!
Gruß

[Gelfling]

Guten Morgen

Derzeitiger Kurs in Australien:

Kurs:............0,055AUD....(0,033€)

Gehandelt:.........................................000.000 Aktien

BID:..............0,050AUD....(0,030€)................30.000
ASK:............0,059AUD....(0,035€)................35.000

Bemerkung:
@saarwebweb www.ashburton-minerals.com.au
@Mooserwirt lassen wir uns überraschen. Am 24. November 2006 ist die JHV.
Liebe Grüße
GELFLING

[rien_ne_va_plus]

Antwort auf Beitrag Nr.: 25.402.170 von Mooserwirt am 15.11.06 08:11:35

Gut recherchiert am frühen Morgen

http://sa.iguana2.com/cache/d28d9df9f04f86c48d5e104134abdb3a…

[saarwebweb]

Antwort auf Beitrag Nr.: 25.402.516 von Gelfling am 15.11.06 08:50:22

Danke, Gelfling,
jedenfalls kommt die neue Hompage wesentlich besser rüber, als
die alte.

Obwohl ich die Infos nicht alle in Deutsch hinbekomme, oder stell
ich mich nur dumm an??

Wenn auf der Hauptversammlung nichts Negatives kommt, werde ich doch wieder einsteigen. Der Vorstand würde wohl kaum kaufen,
wenn die bald pleite wären.

Viele Grüße an Dich und ALLE
Sweb

[gordonshoumway]

Antwort auf Beitrag Nr.: 25.402.765 von rien_ne_va_plus am 15.11.06 09:12:17

hey,na da sind ja viele altbekannta namen wieder da!!!!

ich hab schon schmetterlinge im bauch!!

der gordon

[Gelfling]

Hallo und guten Abend
wollen wir Mal sehen, was die JHV an Infos bringen wird.
Das Warten kennen wir ja schon.

[Gelfling]

Guten Morgen
Derzeitiger Kurs in Australien:

Kurs:...............0,049AUD....(0,029€)

Gehandelt:............................................100.000 Aktien

BID:..............0,048AUD....(0,029€)...........000 Aktien
ASK:.............0,050AUD....(0,030€)...........000 Aktien

Bemerkung:
Warten, warten.............

[Gelfling]

Guten Morgen
Derzeitiger Kurs in Australien:

Kurs:...............0,049AUD....(0,029€)

Gehandelt:............................................000.000 Aktien

BID:..............0,048AUD....(0,029€)...........000 Aktien
ASK:.............0,055AUD....(0,033€)........55.500 Aktien

Bemerkung:
Warten, warten.............
Ich wünsche Euch ein angenehmes Wochenende.
Liebe Grüße
GELFLING

[evens]

Denke das Tal ist erreicht.
Wenn die nächste Zeit wirklich mal einigermaßen vernünftige News kommen, dann sind 50 - 100% drin.

[gordonshoumway]

mit soliden 0,06 euro wäre ich schon höchst zufrieden!!!

der gordon

[Gelfling]

Hallo und guten Morgen
in Australien alles unverändert.
Bevor die JHV nicht stattgefunden hat, wird es meiner Meinung nach ruhig bleiben.
Liebe Grüße
GELFLING

[Gelfling]

Guten Morgen
Derzeitiger Kurs in Australien:

Kurs:...............0,048AUD....(0,029€)

Gehandelt:..............................................44.500 Aktien

BID:..............0,046AUD....(0,028€).........94.332 Aktien
ASK:............0,048AUD....(0,029€)..............500 Aktien

[Gelfling]

Guten Morgen

in Australien alles unverändert.
Alles wartet auf die JHV am 24. November 2006.
Also: Warten.....
Liebe Grüße
GELFLING

[sid71]

hallo
ich bin schon gespannt!!!!!!!

ich hoffe wir warten nicht noch länger auf echt gut news

viele grüsse und ich bin mir sicher
es wird wieder besser fühle es im kleinen zeh mfg

[Gelfling]

Antwort auf Beitrag Nr.: 25.591.616 von sid71 am 22.11.06 15:11:17

Guten Morgen ASHBURTONS
@sid71

zur Zeit in Australien alles unverändert.
Wir sind alle gespannt.
Warten..............
Liebe Grüße
GELFLING

[Gelfling]

24 November 2006
Manager of Company Announcements
Australian Stock Exchange Limited
Level 6, 20 Bridge Street
SYDNEY NSW 2000
By E-Lodgement
Results of Annual General Meeting
In accordance with Listing Rule 3.13.2, it is confirmed that the following resolutions put to the Annual General Meeting of Ashburton Minerals Ltd held on 24 November 2006 were passed on a show of hands:
Resolution 1: Adoption of Remuneration Report
Resolution 2: Re-election of Mr Rick Crabb as a Director
Resolution 3: Ratification of Share Issue
Resolution 4: Ratification of Issue of Shares and Options under the Heads of Agreement signed with Minmet plc
Resolution 5: Employee Share Option Plan
Resolution 6: Issue of Director Options – Mr Tom Dukovcic
Resolution 7: Issue of Director Options – Mr Rodney Dunn
In addition, information required to be disclosed by the Company in accordance with section 251AA of the Corporations Act is also attached.
Yours faithfully
Mr Kim Massey
Company Secretary
ASHBURTON MINERALS LTD
ANNUAL GENERAL MEETING – 24 November 2006
Disclosure of Proxy Votes
In accordance with section 251AA of the Corporations Act 2001, the following information is provided to Australian Stock Exchange Limited in relation to resolutions passed by members of Ashburton Minerals Ltd at its Annual General Meeting held on 24 November 2006.
Resolution Number
Resolution 1
Resolution 2
Resolution 3
Resolution 4
Resolution 5
Resolution 6
Resolution 7
Decided by a show of hands (S) or poll (P)
S
S
S
S
S
S
S
Total number of proxy votes exercisable by proxies validly appointed
7,675,763
7,675,763
7,675,763
7,675,763
7,675,763
7,675,763
7,675,763
Total number of proxy votes in respect of which the appointments specified that:
�� The proxy is to vote for the resolution
7,535,962
6,675,248
7,546,132
5,946,800
2,768,074
6,642,270
3,641,803
�� The proxy is to vote against the resolution
26,800
16,680
16,630
6,630
34,497
476,047
476,047
�� The proxy is to abstain on the resolution
-
870,834
-
1,609,332
4,760,191
444,445
3,444,912
�� The proxy may vote at the proxy’s discretion
113,001
113,001
113,001
113,001
113,001
113,001
113,001
Total votes cast on a poll in favour of the resolution
N/A
N/A
N/A
N/A
N/A
N/A
Total votes cast on a poll against the resolution
N/A
N/A
N/A
N/A
N/A
N/A
Total votes cast on a poll abstaining on the resolution
N/A
N/A
N/A
N/A
N/A
N/A
Total votes exercisable by proxies which were not cast
N/A
N/A
N/A
N/A
N/A
N/A
Mr Kim Massey Company Secretary


Am Besten, Ihr schaut Mal auf der Homepage.
Die Tabelle ist dort auch lesbar und übersichtlich.
Dort sind einige Neuerungen.

Liebe Grüße
GELFLING

[Gelfling]

Kurs:...............0,046AUD....(0,028€)

Gehandelt:............................................30.000 Aktien

BID:..............0,046AUD....(0,028€)...........000 Aktien
ASK:.............0,048AUD....(0,029€)...........000 Aktien

Bemerkung:
Sorry, hatt die Kurse vergessen.
Ansonsten Meinungen, Anregungen????
Liebe Grüße
GELFLING

[saarwebweb]

Antwort auf Beitrag Nr.: 25.653.884 von Gelfling am 24.11.06 08:57:46

Hallo Gelfling,

danke für das Reinstellen dieses ausführlichen Berichtes.

Die Begeisterung der Ausstralier scheint sich aber in Grenzen
zu halten.

Dafür bin ich begeistert von der ausführlichen Bild-Dokumentation,
-AGM - Presentation - auf der Homepage.

Muss man sich etwas Zeit nehmen, dauert jedenfalls mit meinen, nicht so schnellen PC, gut 15 Minuten.

Werde sie weiterhin auf der Watchliste behalten.

Viele Grüße
Sweb

[evens]

Welche Geldsau hat denn heute gleich 30.000 Ashes gekauft!
Ganz schön mutig!

[Gelfling]

Antwort auf Beitrag Nr.: 25.665.088 von evens am 24.11.06 16:31:48

Guten Tag ASHBURTONS


Kurs:...............0,048AUD....(0,029€)

Gehandelt:.............................................4.500 Aktien

BID:..............0,048AUD....(0,029€)...........000 Aktien
ASK:.............0,052AUD....(0,031€)...........000 Aktien

Bemerkung:
Welch Resonanz in Australien bei "4.500" gehandelten Shares.
Denke, Abwarten und Vorsicht ist hier zunächst weiterhin angesagt.
Wir werden sehen......
Liebe Grüße
GELFLING

[Gelfling]

Guten Tag ASHBURTONS


Kurs:...............0,048AUD....(0,029€)

Gehandelt:..........................................0000.000 Aktien

BID:..............0,050AUD....(0,030€)...........000 Aktien
ASK:.............0,052AUD....(0,031€)...........000 Aktien

Bemerkung:
Ich schreibe es wirklich ungerne.
Aber momentan stellt sich mir wieder die Frage........
Welche Frage?
Genau diese, hier evtl. zumindest mit einem Teil rauszugehen.
Warum?
Nicht, weil ich seit längerer Zeit von ASHBURTON enttäuscht bin - mein Problem-
sondern um neue, gute bzw. bessere Möglichkeiten zu nutzen.
Auch wenn es schwer fällt.
Eure Meinungen bitte............
Vielleicht habe ich auch keine Geduld (seit ca. März 2006)

[gordonshoumway]

Antwort auf Beitrag Nr.: 25.763.644 von Gelfling am 28.11.06 08:53:12

welche besserem möglichkeiten gibt es denn,ich wollt mich auch nochmal auserhalb von ash. weiterentwickeln hast du tips!!!

der gordon

[Gelfling]

Antwort auf Beitrag Nr.: 25.768.070 von gordonshoumway am 28.11.06 13:55:15

Auch wenn ich es nicht gut finde, andere Möglichkeiten zu benennen, so werde ich es tun.

Auf der einen Seite finde ich es schade, auf er anderen Seite bin ich der Meinung,
dass wir uns untereinander auch über andere Möglichkeiten unterhalten sollten, wenn es
(meiner Meinung nach) erforderlich wird.

Ich werde dieses aber nicht in diesem Thread machen.
Schreibt mich bitte an.

Liebe Grüße
GELFLING

Chancen und Möglichkeiten wird es immer wieder geben-
nur nutzen muss sie Jeder selber.

[Gelfling]

Antwort auf Beitrag Nr.: 25.768.825 von Gelfling am 28.11.06 14:42:07

Guten Morgen
welch umwerfende Resonanz hier.
Alles in Australien unverändert.
Bis Morgen
GELFLING

[Gelfling]

Guten Morgääähn

Kurs:...............0,052AUD....(0,031€)

Gehandelt:...........................................200.000 Aktien

BID:..............0,050AUD....(0,030€)...........000 Aktien
ASK:.............0,051AUD....(0,030€)...........000 Aktien

Bemerkung:
Mühssam ernährt sich das Nilpferd.

[Gelfling]

Antwort auf Beitrag Nr.: 25.817.943 von Gelfling am 30.11.06 08:35:59

Guten Morgen

Derzeitig in Australien

Kurs:...............0,050AUD....(0,030€)

Gehandelt:.............................................4.334 Aktien

BID:..............0,050AUD....(0,030€)...........000 Aktien
ASK:.............0,051AUD....(0,030€)...........000 Aktien

Bemerkung:
Da sich seit Monaten nichts an Besonderheiten ergeben hat, ziehe ich mich für die nächsten zwei Wochen hier zurück.
Bis denne
GELFLING

[evens]

Wo isn der Gelfling?
Schon von den Anteilen verabschiedet?

[Gelfling]

Antwort auf Beitrag Nr.: 26.285.024 von evens am 18.12.06 20:40:00

Hallo ASHBURTONS und
e v e n s

es bleibt - bzw. es geht - leider - wohl - weiter - bergab.

Schaut Mal bei ASHBURTON-MINERALS auf die Homepage.
Momentan gibts wirklich immer noch nichts Umwerfendes.

Natürlich habe ich mir das Anders vorgestellt.
Aber außer den Ver-sprechen kam nichts von ASHBURTON, zumindest
bislang.
Und da sehe ich auch nichts Greifbares, leider.

Ich werde morgen vom Netz genommen und bekomme meinen neuen Provider in nächster Zeit (hoffentlich dieses Jahr noch).
Hat nix mit ASHBURTON zu tun, dass ich jetzt meine Rechungen nicht bezahlen kann.
Es hat sich einiges überschnitten.
Vom Kurs hier gar nicht erst zu reden.

Also, Euch eine gesegnete Weihnachtszeit (denkt auch Mal an EUCH selber)
und einen guten Jahreswechsel.
Liebe Grüße
GELFLING

[evens]

Hoppla, was ist denn da los!
Ein Lebenszeichen von Ash!
Wer ist denn noch alles dabei?

[Mooserwirt]

Antwort auf Beitrag Nr.: 26.651.398 von evens am 03.01.07 10:38:08

Code Last $ +/- Bid Offer Open High Low Volume Options Warrants Chart Status Announcements
ATN 0.058 0.005 0.058 0.059 0.050 0.058 0.050 405,608
Parität 0,035!

[evens]

Bei 80 Mill. Aktien derzeit eine Marktkapitalisierung von 2,5 Mio €!
Wenn von Ash was vernünftiges kommt, dann wirds gewaltig krachen!

[Mooserwirt]

Antwort auf Beitrag Nr.: 26.652.131 von evens am 03.01.07 11:33:38

Solange deutschland weiter 10% unter Parität handelt ist mir nicht Bange!Erst wenn Deutschland 10% über Parität handelt bin ich raus!
Gruß

[bimi66]

Antwort auf Beitrag Nr.: 26.652.131 von evens am 03.01.07 11:33:38

Hey evans bin auch noch dabei.Gruss an alle harten den die kommen in den Garten Kopf hoch Jungs bimi66

[sid71]

hello bin auch´ncoh dabei bis zum ende
oder es geht upppppppppppppppppppppppppppppppppppppppppp
[

[wumm11]

hallo an alle,

bin natürlich auch noch dabei und werde auch bis zum bitteren ende an bord bleiben

denke hier sind mehr leute noch investiert als man annimmt........

was ist denn eigentlich mit gelfling los?

gruss

wumm11

[gordonshoumway]

Antwort auf Beitrag Nr.: 26.743.658 von wumm11 am 07.01.07 12:16:59

hab auch noch meine pfoten mit drinn!!!!


gelli macht urlaub von dem alleinunterhalterprogramm

der gordon.

[Mooserwirt]

Antwort auf Beitrag Nr.: 26.753.046 von gordonshoumway am 07.01.07 17:25:28

ATN 0.064 20.75% 0.054 0.063 0.053 0.064 0.053 288,472
Parität 0,038 Euro.InDeutschland bietet einer Stücke 15% unter Parität an.Köstlich!!!Wie gesagt,solange der Kurs in Deutschland 10-20% unter Parität steht ist mir nicht Bange und es wird weiter hoch laufen.Aber wehe ein BB kommt,dann handeln wir 20% über Pari und ich bin rauß
Gruß