1、Red 5 LimitedAnnual Report 2015 Red 5 Limited 2015 Annual ReportContentsChairmans Address 2Managing Directors Review 4Resources&Reserves Statement 8Financial Statements 13Directors Report 15Statement of Profit or Loss and Other Comprehensive Income 27Statement of Financial Position 28Statement of Ch
2、anges in Equity 29Statement of Cash Flows 30Notes to the Financial Statements 31Declaration by Directors 53Independent Auditors Report 54Corporate Governance Statement 55Statement of Shareholders 59Investor Information 60Corporate Directory IBCRed 5 Limited(ABN 73 068 647 610)is listed on the Austra
3、lian Securities Exchange(ticker RED)and OTCQX International(ticker RDFLY)with around 4,200 shareholders.The Companys principal asset is the Siana Gold Project situated on the island of Mindanao in the Philippines.The project is held under a Mineral Production Sharing Agreement(MPSA)by Greenstone Res
4、ources Corporation(a Red 5 Philippine affiliate company).The deposit is mined by open pit methods with a planned transition to underground mining in the future.Ore is treated through a conventional modern gravity and carbon-in-leach plant to produce gold dor,which is then shipped for refining.The se
5、cond principal asset is the Mapawa MPSA,located 20 kilometres north of Siana which has the potential to provide satellite ore to the Siana processing plant.The property hosts a gold porphyry system with a number of significant grade gold occurrences within the project area.The area has had little ex
6、ploration activity in the past and is considered to have significant potential.Corporate Profile1Red 5 Limited 2015 Annual ReportOperatiOns siana GOld prOject,philippines Construction of new tailings management facilities completed on schedule and under budget together with processing plant addition