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GME Resources Reports Negative Cash Flow of $823,000 for the December 2008 Quarter
Friday January 30, 2009, 5:20 pm

Original Announcement: DECEMBER 2008 QUARTERLY REPORT

GME Resources reported negative cash flow of $823,000 for quarter ended 31 December 2008. Operating cash flow for the period was $(828,000). Payments for exploration and evaluation were $(730,000). Investing cash flow was $5,000. Financing cash flow was nil. Cash in hand at the end of the quarter was $1.65m.

Current Quarter $A'000-31 December 2008Year to Date $A'000-6 Months
Net Operating Cash Flows(828)(3,505)
Net Investing Cash Flows50
Total Operating and Investing Cash Flows(823)(3,505)
Net Financing Cash Flows00
Net Increase (Decrease) in Cash Held(823)(3,505)
Cash at Beginning of Quarter/Year to Date2,4685,150
Cash at End of Quarter1,6451,645

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