WRF Securities, weiteres Spitzenquartal,$9,5 Mio. in Unternehmenskasse - 500 Beiträge pro Seite

[McNugget]

WRF SECURITIES LIMITED 2001-04-30 ASX-SIGNAL-G


HOMEX - Perth


+++++++++++++++++++++++++
CASH AND BULLION


Cash and bullion on hand has increased by $1.6M during the quarter to
$9.5M. This amount is achieved after paying $2.5M during the quarter
for land at Kangaroo Island in respect to the WRF Kangaroo Island
Plantations Prospectus.


TRANSFER OF LISTING


With the change in direction of the co
mpany into the financial
service industry, the company considered it prudent to apply for
listing, on the ASX All Industrial Board.


From Friday 27th April 2001, the classification of the company will
be changed from Gold Producer to Investment & Financial Services. The
company will subsequently be listed on the Industrial Board.


MARKETING


The sales team continued to establish relationships with new
planners and foster existing relationships. A strong level of support
exist
s for WRF Kangaroo Island Blue Gum Project. Considerable
interest has been expressed for the Paulownia Project at
Muthawandery and property syndicates as they are established.


Suzanne Barrett was appointed to the position of Business Development
Manager for New South Wales and Victoria and brings a wealth of
experience to the Company. This brings our direct marketing team to 3
Australia wide.


KANGAROO ISLAND PROSPECTUS


The Project 2002 prospectus should be available from m
id-May. A
positive product ruling number PR 2001/19 from the ATO has been
obtained ensuring the tax deductibility of investor contributions.


PAULOWNIA PROSPECTUS


The Company has previously identified the Paulownia Tree as a
product that will enhance the Company`s product base by delivering
superior returns to the investor.


Development of the 2002 prospectus is well under way and a positive
product ruling number PR 2001/39 has been secured from the ATO
ensuring the tax dedu
ctibility of investor contributions.


The company has been successful in proving up the necessary quantity
and quality of water on the Muthawandry property acquired for its
proposed Paulownia Plantations.


PROPERTY SYNDICATIONS


Owen Lennie commenced as Managing Director of WRF Property Ltd
(WRFPL)
to spearhead the Company`s property syndications business. Until
recently Owen was Managing Director of York Capital where he managed
over $170 million of gross assets of syndicat
ed properties. 0wen
brings a wealth of experience to WRF and he holds Government
appointments as a director of the Urban Land Corporation and Chairman
of the Building Advisory Council.


MINING


DALGARANGA PRODUCTION (WRF 49.9%)


Dalgaranga production for the quarter is summarised below:-


DESCRIPTION MAR 2001 DEC 2000 SEPT 2000
QUARTER QUARTER QUARTER


Dry Tonnes Milled 282,545 311,2
57 272,460
Head Grade g/t 3.79 4.36 3.35
Total Production ozs 33,809 41,473 28,132
Cash Cost/oz $ 257 248 278


Mine output from the Western Queen open pit for the quarter was
48,535 tonnes at a grade of 16.17g/t. This production reconciled
positively to the reserve by 5,945 ounces (42%). Project to date, the
mine has produced 27,337 ounces (20%) in excess of the rese
rve.
Mining of the Western Queen open pit was completed in February 2001.
Decline development for the Western Queen underground mine
commenced
in February 2001 and by the end of the quarter the decline had been
advanced 139 metres. The first ore from the underground mine is
expected in May 2001.


EXPLORATION


DALGARANGA GOLD MINES JV (WESTERN AUSTRALIA)


GILBEYS


A programme of three RC holes (300 metres) was drilled at the north
end of Gilbeys. The angled holes were designed
to test a moderate
grade (+4g/t Au) structure. GNC-1 intersected 7 metres at 10.8g/t Au
from 82 metres. GNC-2 returned 5 metres at 2.3g/t Au from 95 metres.
The drilling confirmed and extended the higher grade structure,
however in-house studies indicated that profitable mining of the area
is net feasible at this time.


REGIONAL


OTHER PROJECTS


WEST MUSGRAVE JOINT VENTURE (WMC EARNING 75%)


During the 2000 year WMC Resources Ltd have completed work including
ground magneti
c surveys 17 RC and 5 diamond drill holes.


The results from the five diamond drills holes show elevated platinum
and palladium values associated with titaniferous magnetic horizons. A
Maximum value of .97g/t PMG (Pt, Pd, & Au) was recorded for diamond
drill hole WMTD5 from 42.0 to 44.7m.


Anomalous, titanium, vanadium, copper and nickel values were obtained
from all other drill holes.


WORK PROPOSED


Surface soil geochemistry, geological mapping and regional gravity
will be
undertaken during the June quarter to complete the regional
data coverage over the joint venture tenements.


QUEENSLAND


A first pass field program of reconnaissance geological mapping and
rock chip sampling was completed during the quarter, awaiting sample
results.


ISSUED SHARE AND OPTIONS


Listed shares: 40,060,606


Listed options: 17,945,145



GOLD HEDGING


TYPE NUMBER OUNCES PRICE OUNCE


Spot Deferred
3,290 $506


GENERAL


The company is investigating the proposal of transferring its mining
and exploration assets into a new listed company.


This proposal may result in the distribution of shares in the new
company to current shareholders and may also include an option issue.


WEB SITE


To receive the latest news and announcement from WRF Securities Ltd
by email, please visit our website at www.wrfsecurities.com.au an
d


subscribe to Stay Informed.


A Howells
COMPANY SECRETARY


The exploration and other projects information contained in this
report is based on information complied by Messrs Keith Ross and Glyn
Evans. These persons are both members of the Australasian Institute
of Mining and Metallurgy and have more than five years in the field
of activity being reported on. This report accurately reflects the
information complied by these persons.


Mr Ross is an employee of Swanoak Holding
s Pty Ltd and consented to
the inclusion of the information in the report on the Other Projects
section of the Quarterly Report.


Mr Evans is an employee of Equigold NL and consented to the inclusion
of the information in the report on the Dalgaranga Joint Venture
Exploration section of the Quarterly Report.

[Ichweissauchnicht]

na, das klingt doch alles wieder super, am besten
hat mir das hier gefallen:

"From Friday 27th April 2001, the classification of the company will
be changed from Gold Producer to Investment & Financial Services. The
company will subsequently be listed on the Industrial Board."

Ich hoffe, dies wird für enorm steigende Umsätze und hoffentlich auch
Kursgewinne sorgen.

Falls nicht, ist ja immer noch die enorme Dividendenrendite
ein weiteres Kaufargument.


echt günstig, oder ?

ichweissauchnicht....

[Ichweissauchnicht]

Dies hat mir auch gut gefallen, ich kann es auch gar nicht so richtig glauben...

"ISSUED SHARE AND OPTIONS
Listed shares: 40,060,606
Listed options: 17,945,145"

bei 40.060.606 shares hätte man doch, wenn man 40.000 shares hätte, einen Anteil
am Unternehmen von 1 Promille...

stimmt da irgendetwas nicht ?
habe ich falsch gerechnet ?

bitte Meinungen, Berichtigungen etc.

ichweissauchnicht...