GESCHÄFTSBERICHT von Adelong :) :) :) - 500 Beiträge pro Seite

[MrZork]

Hallo ihr lieben Zocker,

Hier der Geschäftsbericht vom letzten Quartal.

Quelle: www.investorweb.com.au

KANN IRGEND EIN ERFAHRENER BÖRSIANER DAS INTERPRETIERN?

ADELONG CAPITAL LIMITED 2000-01-31 ASX-SIGNAL-G

HOMEX - Perth

+++++++++++++++++++++++++
TECHNOLOGY INVESTMENTS

ESMART

During the December quarter eSmart launched a National ISP Service
which covers all Australian Capital Cities and various regional
centres.

A marketing company in Melbourne was appointed during the quarter to
implement a marketing strategy for eSmart`s ISP, Remote back-up and
e-commerce services.

FREEISP

FreeISP, an internet marketing company and provider of free internet
access, advanced its Sydney roll-out during the quarter, as well as
appointing Tamara Kiniry as CEO, and forming a strategic alliance
with Yahoo! Australia and NZ.

ADELONG PROJECT

EXPLORATION

During the quarter, the company completed a reverse circulation
drilling program at the Sawpit prospect, on EL4985. Previous
exploration by the company delineated `ore grade` material on old
mine dumps, gold in soil anomalies and references to a `gigantic
lode` in historical reports. Drilling targeted mineralisation
associated with old workings to nominally 50 metres below surface.
The old workings extend for over 700m along strike. Results from the
drilling program are outlined below.

SAWPIT PROSPECT - DRILLING RESULTS

HOLE NO. NORTHING HOLE FROM TO WIDTH Au
AMG ANGLE (m) (m) (mdh) (g/t)

ARC114 6089560 -50 9 10 1 1.09
18 19 1 2.12
24 25 1 3.65
ARC115 6089560 -65 27 28 1 2.62
40 42 2 4.02
49 51 2 2.36
ARC116 6089620 -50 29 31 2 2.39*
ARC119 -63 42 56 14 1.8
incl. 53 56 3 4.96
ARC117 -70 58 62 4 1.1
ARC120 6089705 -50 22 24 2 3.93
ARC121 .1 -70 52 53 1 1.61
ARC118 6089910 -55 8 22 14 0.56
ARC122 -65 24 30 6 3.92*
42 43 1 1.98

*Additional assays awaited.

Considering the Sawpit prospect had never been drill tested the above
results are considered encouraging and the prospect does offer some
potential for exploitable mineralisation. Importantly mineralisation
remains open in all directions.

`GRANITE MINING` OPERATIONS

The company has concluded a `Granite Mining Operations Deed` with
Adelong Quarries Pty Ltd. The agreement allows Adelong Quarries to
mine, crush, produce and sell construction materials. Adelong
Quarries are required to supply all of the necessary equipment and
related infrastructure to establish the operation. Adelong
Consolidated Gold Mines NL will receive a royalty on all products
sold. More importantly, the establishment of mine related
infrastructure and the prior removal of waste overburden should
decrease anticipated capital expenditure and mining costs if open cut
gold production at the Challenger commences in the future.

G Swaby
COMPANY SECRETARY

COMPETENT PERSON DECLARATION

The information in this report insofar as it relates to resources is
based on information compiled by D J Hobby who is a Member of The
Australasian Institute of Mining and Metallurgy and who has a minimum
of five years relevant experience in the field being reported on.


ADELONG CAPITAL LIMITED 2000-01-31 ASX-SIGNAL-G

HOMEX - Perth

+++++++++++++++++++++++++
MINING EXPLORATION ENTITY QUARTERLY REPORT

Name of entity
Adelong Capital Limited

ACN or ARBN Quarter ended ("current quarter")
073 099 171 31/12/1999

CONSOLIDATED STATEMENT OF CASH FLOWS

Cash flows related to Current Year to date
operating activities Quarter (6 months)
AUD`000 AUD`000
1.1 Receipts from product sales
and related debtors - -
1.2 Payments for
(a) exploration and evaluation (109) (247)
(b) development - -
(c) production - -
(d) administration (57) (482)
1.3 Dividends received - -
1.4 Interest and other items of
a similar nature received 29 39
1.5 Interest and other costs of
finance paid (12) (15)
1.6 Income taxes paid - -
1.7 Other (provide details if material) - -

Net Operating Cash Flows (149) (705)

Cash flows related to investing activities
1.8 Payment for purchases of:
(a) prospects - -
(b) equity investments (203) (558)
(c) other fixed assets - -
1.9 Proceeds from sale of:
(a) prospects - -
(b) equity investments - -
(c) other fixed assets 1 1
1.10 Loans to other entities - -
1.11 Loans repaid by other entities - -
1.12 Other (provide details if material) 28 28

Net investing cash flows (174) (529)

1.13 Total operating and
investing cash flows (323) (1,234)

Cash flows related to financing activities
1.14 Proceeds from issues of
shares, options, etc. 2,239 6,466
1.15 Proceeds from sale of
forfeited shares - -
1.16 Proceeds from borrowings - -
1.17 Repayment of borrowings (120) (543)
1.18 Dividends paid - -
1.19 Other (provide details if material) (24) (353)

Net financing cash flows 2,095 5,570

Net increase (decrease) in cash held 1,772 4,336

1.20 Cash at beginning of quarter/
year to date 2,572 8

1.21 Exchange rate adjustments to item 1.20 - -

1.22 Cash at end of quarter 4,344 4,344


PAYMENTS TO DIRECTORS OF THE ENTITY AND ASSOCIATES OF THE DIRECTORS
PAYMENTS TO RELATED ENTITIES AND ASSOCIATES OF THE RELATED ENTITIES

Current Quarter
AUD`000

1.23 Aggregate amount of payments to
the parties included in item 1.2 115

1.24 Aggregate amount of loans to the
parties included in item 1.10 -

1.25 Explanation necessary for an understanding
of the transactions

-

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

Issue of 500,000 shares at per share Ningi Aboriginal Coporation

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

-


FINANCING FACILITIES AVAILABLE
Add notes as necessary for an understanding of the position.

Amount Amount
available used
AUD`000 AUD`000

3.1 Loan facilities - -
3.2 Credit standby arrangements - -


ESTIMATED CASH OUTFLOWS FOR NEXT QUARTER AUD`000

4.1 Exploration and evaluation 70
4.2 Development -

Total 70


RECONCILIATION OF CASH

Reconciliation of cash at the end Current Previous
of the quarter (as shown in the quarter quarter
consolidated statement of cash flows) AUD`000 AUD`000
to the related items in the accounts
is as follows.

5.1 Cash on hand and at bank 3,984 1,512
5.2 Deposits at call 360 1,060
5.3 Bank overdraft - -
5.4 Other (provide details) - -

Total: cash at end of quarter (item 1.22) 4,344 2,572


CHANGES IN INTERESTS IN MINING TENEMENTS

Tenement Nature of Interest at Interest
reference interest beginning at end of
(note(2)) of quarter quarter

6.1 Interests in
mining tenements
relinquished,
reduced or lapsed Nil

6.2 Interests in
mining tenements
acquired or
increased


ISSUED AND QUOTED SECURITIES AT END OF CURRENT PERIOD
Description includes rate of interest and any redemption or
conversion rights together with prices and dates.

Category of Number Number Issue Paid-up
securities issued quoted Price value
(cents) (cents)
7.1 Preference
securities
(description) - - - -


7.2 Changes during
current period
(a) increases through
issues - - - -
(b) decreases through
returns of capital
buybacks,
redemptions - - - -


7.3 Ordinary
securities 78,205,074 78,205,074 - -


7.4 Changes during
current period
(a) increases through
issues 500,000 500,000 - -
(b) decreases through
returns of capital
buybacks - - - -


7.5 Convertible debt
securities
(description and
conversion factor) - - - -


7.6 Changes during
current period
(a) increases through
issues - - - -
(b) decreases through
securities matured,
converted - - - -


7.7 Options (description Exercise Expiry
and conversion factor) price date
(cents)

24,422,962 24,422,962 20 30/12/2003
29,340,254 29,340,254 20 30/11/2000
173,000 - 25 31/01/2000
5,500,000 - 30 30/11/2001

7.8 Issued during
current period 5,500,000ULOP - 30 30/11/2001
29,190,697AEOB - 20 30/12/2003


7.9 Exercised during
current period 55,000ULOP - 25 31/01/2000
589,713AEGOA - 20 30/11/2000
4,688,135AEGOB - 20 30/01/2003


7.10 Expired during
current period - - - -


7.11 Debentures
(totals only) - -

7.12 Unsecured notes
(totals only) - -


COMPLIANCE STATEMENT

1 This statement has been prepared under accounting policies which
comply with accounting standards as defined in the Corporations Law
or other standards acceptable to ASX.

2 This statement does give a true and fair view
of the matters disclosed.

G Swaby Date: 31/01/2000
DIRECTOR/COMPANY SECRETARY

[Adeomek]

Adelong (924249): Kurs immer noch ausgesetzt - trotzdem Panik fehl am Platze- Hintergrundinformationen im nächsten Börsenbrief vom 08.Februar.

RAUF MIT DIR MEINE RAKETE !!! :-)