Appendix 5B - June 2008 Quart

Name of entity

THOR MINING PLC

ACN or ARBN

Quarter ended ("current quarter")

121 117 673

30 June 2008

Cash flows related to operating activities

Current quarter

$A'000

Year to date

$A'000

1.1

Receipts from customers

-

-

1.2

Payments for (a) exploration and evaluation

(b) development expenditure

(c) production

(d) administration

(372)

(144)

-

(803)

(1,513)

(710)

-

(2,225)

1.3

Royalties received

-

-

1.4

Interest and other items of a similar nature received

36

203

1.5

Interest and other costs of finance paid

-

-

1.6

Income taxes paid 

-

-

1.7

Other 

-

82

Net Operating Cash Flows

(1,283)

(4,163)

Cash flows related to investing activities

1.8

Payment for purchases of: (a) prospects 

(b)controlled entity (net of cash acquired)

(c) other fixed assets

(d) development assets

-

- 

-

-

-

-

(29)

-

1.9

Proceeds from sale of: (a) prospects 

(b) equity investments

(c) controlled entity

(d) other fixed assets

-

-

-

 -

-

-

-

-

1.10

Loans to other entities

-

-

1.11

Loans repaid by other entities

-

-

1.12

Other 

-

-

Net investing cash flows

-

(29)

1.13

Total operating and investing cash flows (carried forward)

(1,283)

(4,192)

1.13

Total operating and investing cash flows (brought forward)

(1,283)

(4,192)

Cash flows related to financing activities

1.14

Proceeds from issues of shares, options, etc. (net of expenses)

720

2,666

1.15

Payment for shares

-

-

1.16

Proceeds from borrowings

-

-

1.17

Repayment of borrowings

(9)

(31)

1.18

Dividends paid

-

-

1.19

Other

-

-

Net financing cash flows

711

2,635

Net increase (decrease) in cash held

(572)

(1,557)

1.20

Cash at beginning of quarter/year to date

3,350

4,335

1.21

Exchange rate adjustments to item 1.20

-

-

1.22

Cash at end of quarter

2,778

2,778

Current quarter

$A'000

1.23

Aggregate amount of payments to these parties included in item 1.2

349

1.24

Aggregate amount of loans to these parties included in item 1.10

-

1.25

Explanation necessary for an understanding of the transactions

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

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

Amount available

$A'000 

Amount used

$A'000

3.1

Loan facilities 

250

250

3.2

Credit standby arrangements

-

-

$A'000

4.1

Exploration and evaluation

512

4.2

Development

-

Total

512

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

Current quarter 

$A'000

Previous quarter

$A'000

5.1

Cash on hand and at bank

2,778

3,350

5.2

Deposits at call

-

-

5.3

Bank overdraft

-

-

5.4

Other - security deposits

-

-

Total: cash at end of quarter (item 1.22)

2,778

3,350

Tenement reference

Nature of interest

(note (2))

Interest at beginning of quarter

Interest at end of quarter

6.1

Interests in mining tenements relinquished, reduced or lapsed

6.2

Interests in mining tenements acquired or increased

Total number 

Number quoted

Issue price per security (see note 3) (cents)

Amount paid up per security (see note 3) (cents)

7.1

Preference +securities (description) 

7.2

Changes during quarter

(a) Increases through issues

(b) Decreases through returns of capital, buy-backs, redemptions

7.3

+Ordinary securities

149,470,949

149,470,949

7.4

Changes during quarter

(a) Increases through issues

(b) Decreases through returns of capital, buy-backs, consolidation(1for3)

9,002,000

9,002,000

7.5

+Convertible debt securities (description) 

7.6

Changes during quarter

(a) Increases through issues

(b) Decreases through securities matured, converted

7.7

Options

A - Directors, Consultants and Employee Options

B - Listed 

warrants

3,333,333

455,000

1,000,000

12,500,000

2,750,000

65,574,783

-

-

-

-

-

-

Exercise Price

 11.25 pence

6.00 pence

8.00 pence

8.00 pence

11.25 pence

8.00 pence

Expiry Date 

15 June 2009

29 June 2010

15 June 2009

15 June 2009

15 June 2009

15 June 2009

7.8

Issued during quarter

7.9

Exercised during quarter

2,000

2,000

8.00 pence

15 June 2009

7.10

Expired during quarter

7.11

Decrease through 

Consolidation

7.12

Unsecured notes (totals only)