RED 5 Limited (RED) 2016年年度报告「ASX」.pdf

1、Red 5 Limited2 0 1 6 AnnuAl RepoRt Red 5 Limited 2016 Annual ReportContentsChairmans Address 2Managing Directors Review 3Resources&Reserves Statement 9Financial Statements 14Directors Report 15Statement of Profit or Loss and Other Comprehensive Income 27Statement of Financial Position 28Statement of

2、 Changes in Equity 29Statement of Cash Flows 30Notes to the Financial Statements 31Declaration by Directors 53Independent Auditors Report 54Corporate Governance Statement 55Additional Information 59Corporate Directory IBCRed 5 Limited(ABN 73 068 647 610)is listed on the Australian Securities Exchang

3、e(Ticker:RED)and OTCQX International(Ticker:RDFLY)with around 4,100 shareholders and a strong institutional shareholder base,including a significant number of domestic and international institutions.The Groups principal asset is the Siana Gold Project located on the island of Mindanao in the Philipp

4、ines.The project is held under a Mineral Production Sharing Agreement(MPSA)by Greenstone Resources Corporation(a Red 5 Philippine affiliate company).The Siana deposit is currently mined by open pit methods,transitioning to long-term underground mining following completion of the open pit.Ore is trea

5、ted through a conventional modern gravity and carbon-in-leach plant to produce gold dor,which is then shipped for refining.The Groups second principal asset is the Mapawa MPSA,located 20 kilometres north of Siana,which has the potential to be developed as a satellite source of ore feed for the Siana

6、 processing plant.Mapawa hosts a known gold porphyry system with a number of significant gold occurrences throughout the project area.The area has had little exploration activity in the past and is considered to have significant potential.Corporate ProfileOur Vision“Our vision is to be a successful