RED 5 Limited (RED) 2011年年度报告「ASX」.pdf

1、Annual Report 2011The next Philippines gold producerRed5Limited ANNUAL REPORT 2011 Red5Limited Corporate ProfileContentsFinancial Statements 12Directors Report 13Statement of Comprehensive Income 21Statement of Financial Position 22Statement of Changes in Equity 23Statement of Cash Flows 24Notes to

2、Financial Statements 25Declaration by Directors 46Independent Audit Report 47Corporate Governance Statement 48Statement of Shareholders 50Investor Information 52Corporate Directory IBC Chairmans Address 2Managing Directors Address 3Discussion and Analysis 4Siana Gold Mine 4Community 8Exploration 9Si

3、ana Resource&Reserve Statement 11 Red 5 Limited(ABN 73 068 647 610)is listed on the Australian Securities Exchange(ticker RED)with nearly 4,000 shareholders.The largest shareholders are Baker Steel Capital Managers with a 8.6%interest,Mathews Capital Partners with a 6.6%interest and Sprott Asset Man

4、agement with a 5.0%interest.There are also a further thirty institutional shareholders based in Toronto,New York,Boston,San Francisco,London,Melbourne and Sydney.The Companys principal asset is the Siana Gold Mine in the Philippines,held under a Mineral Production Sharing Agreement by a Philippine c

5、ompliant company.The Siana mine development comprises an open pit operation,followed by an underground mine,with ore treated through a conventional modern gravity and carbon-in-leach plant to produce gold dore.The project has more than a ten year mine life and is expected to deliver 849,000 ounces o

6、f gold production at a cash cost of below US$400 per ounce.The second asset is the Mapawa MPSA,20km north of Siana which has the potential to provide satellite ore to the Siana development.The property is also prospective for a gold-porphyry discovery.Red5Limited ANNUAL REPORT 2011 1Mine Constructio