ABN 74 950 465 654 CONTENTS Page No. Chairman’s Letter 1 Review of Operations 3 Directors’ Report 9 Corporate Governance Statement 14 Statements of Financial Performance 19 Statements of Financial Position 20 Statements of Cash Flows 21 Notes to the Financial Statements 22 Directors’ Declaration 43 Independent Audit Report to the Members 44 Additional Information 46 Tenement Summary 48 CORPORATE DIRECTORY DIRECTOR REGISTERED OFFICE BANK Philip G Crabb Level 33, QV1 Building National Australia Bank FAusIMM, MAICD 250 St Georges Terrace 50 St Georges Terrace (Chairman & CEO) PERTH WA 6000 PERTH WA 6000 Telephone: +618 9321 9680 Frank DeMarte AUDITOR Facsimile: +618 9321 9670 B.Bus FCIS, MAICD Stanton Partners Email:
[email protected] (Executive Director & Level 1, 1 Havelock Street Chief Financial Officer) WEBSITE WEST PERTH WA 6005 www.thundelarra.com Brian Richardson LISTED ON AUSTRALIAN STOCK MAusIMM, BSc (Hons) Visitors to our web site will find EXCHANGE LIMITED (Executive Director) information on the Company including Code: THX shareholder reports, press releases, Rick W Crabb quarterly reports and annual reports. B.Juris (Hons), LLB, MBA (Non Executive Director) SHARE REGISTRY Computershare Investor Malcolm R J Randall Services Pty Limited B.Applied Chem. Level 2, Reserve Bank Building (Non Executive Director) 45 St Georges Terrace SECRETARY PERTH WA 6000 Frank DeMarte HOME EXCHANGE B.Bus FCIS, MAICD Australian Stock Exchange (Perth) Ltd SOLICITORS Exchange Plaza 2 The Esplanade Blakiston & Crabb PERTH WA 6000 1202 Hay Street WEST PERTH WA 6005 CHAIRMAN’S LETTER Welcome to the Thundelarra 2004 Annual Report. Dear Shareholder I am pleased to present the 2004 Annual Report for what has been an extremely active 12 months for our Thundelarra Exploration Ltd (“Thundelarra”).