RED 5 Limited (RED) 2017年年度报告「ASX」.pdf

1、Red 5 Limited2017 Annual ReportRed 5 Limited 2017 AnnuAL RepoRtContentsChairmans Address 2Managing Directors Review 3Resources&Reserves Statement 11Financial Statements 14Directors Report 15Statement of Profit or Loss and Other Comprehensive Income 26Statement of Financial Position 27Statement of Ch

2、anges in Equity 28Statement of Cash Flows 29Notes to the Financial Statements 30Declaration by Directors 54Independent Auditors Report 55Additional Information 59Corporate Directory IBCRed 5 Limited(ABN 73 068 647 610)is an ASX-listed gold company with established projects in the Philippines and a n

3、ew focus on the Eastern Goldfields region of Western Australia,where it has recently embarked on a new acquisition and consolidation strategy.The Company is listed on the Australian Securities Exchange(Ticker:RED)with around 3,800 shareholders and has a strong institutional shareholder base.The grou

4、ps primary assets comprise the recently acquired Darlot Gold Mine and the nearby King of the Hills Gold Project both located in the Eastern Goldfields of Western Australia and the Siana and Mapawa Gold Projects,located on the island of Mindanao in the Philippines.The Siana Gold Project is held under

5、 a Mineral Production Sharing Agreement(MPSA)by Greenstone Resources Corporation(a Red 5 Philippine affiliate company).Mining operations at the Siana Gold Project are currently suspended pending environmental permit approvals and an improvement in operating conditions in the Philippines.Prior to sus

6、pension the deposit was mined by open pit methods however underground development had commenced in preparation for transition from the open pit.The Groups second principal asset in the Philippines is the Mapawa MPSA,located 20 kms north of Siana,which has the potential to be developed as a satellite