3rd Quarter & 9 Mths Results

Anglo Pacific Group PLC
31 October 2000
           
                                                              
 
                           ANGLO PACIFIC GROUP PLC                            
                REPORT FOR THE QUARTER ENDED 30 SEPTEMBER 2000                
 
 
 
MAIN OPERATIONS 
 
 
1    Gordon Resources - Coalmine Royalty Entitlements - Queensland
 
(a)     Kestrel (Rio Tinto) 
 
The royalty received for the quarter to 30th June 2000 was A$ 374,709
compared to A$ 366,841 for the previous quarter. 
 
(b)     Crinum (Broken Hill Proprietary) 
 
The royalty received from the Crinum coalmine, for the quarter to 30th June
2000 was A$ 798,301 compared to A$ 771,973 for the quarter ended 31st March
2000. 
 
 
 
2    Minerals - Scotland.
 
The sale of Fife Silica Sands Limited was completed and settled during the
quarter under review. Development and enhancement of value continues at the
Group's Marble and Talc businesses with minimal capital expenditure. 
 
 
 
 
For further information please contact: 
 
Peter Boycott               Anglo Pacific Group Plc    01259 754700 
Jonathan Rooper             Cardew & Co.               020 7930 0777 


PROFORMA QUARTERLY STATEMENT OF CONSOLIDATED CASHFLOWS 
FOR THE QUARTER ENDED 30 SEPTEMBER 2000 

                                                                              
                                                                              
                                             CURRENT         YEAR TO DATE  
                                             QUARTER           (9 Months)    
                                               £'00m                £'00m     
                                                                              
  CASHFLOWS RELATED TO OPERATING                                              
  ACTIVITIES                                                                  
                                                                              
  Receipts from product sales and related                                     
  debtors                                       0.8                  2.7      
                                                                              
  Payments for:                                                               
                                                                              
  exploration and evaluation                      -                    -      
                                                                              
  development                                     -                    -      
                                                                              
  production                                   (0.8)                (2.6)     
                                                                              
  administration                               (0.3)                (0.7)     
                                                                              
  Dividends received                              -                    -      
                                                                              
  Interest and other items of a similar                                       
  nature received                                 -                    -      
                                                                              
  Interest and other costs of finance paid     (0.1)                (0.3)     
                                                                              
  Income taxes paid                            (0.1)                (0.2)     
                                                                              
  Other - Royalties received                    0.4                  1.0      
                                                                              
  NET OPERATING CASHFLOWS                      (0.1)                (0.1)     
                                                                              
  CASHFLOWS RELATING TO INVESTING                                             
  ACTIVITIES                                                                  
                                                                              
  Payment for equity investments                  -                    -      
                                                                              
  Payment for purchases of other fixed                                        
  assets                                       (0.9)                (1.4)     
                                                                              
  Proceeds from sale of equity investments      4.2                  4.7      
                                                                              
  NET INVESTING CASHFLOWS                       3.3                  3.3      
                                                                              
                                                                              
                                                                              
  CASHFLOWS RELATED TO FINANCING                                              
  ACTIVITIES                                                                  
                                                                              
  Cash proceeds share issue                       -                    -      
                                                                              
  Proceeds from borrowings                      1.5                  1.5      
                                                                              
  Repayment of borrowings                      (3.4)                (3.7)     
                                                                              
  Dividends paid                                  -                    -      
                                                                              
                                                                              
  NET FINANCING CASHFLOWS                      (1.9)                (2.2)     
                                                                              
  NET INCREASE IN CASH HELD                     1.3                  1.0      
                                                                              
  Cash at beginning of quarter/year            (1.0)                (0.7)     
                                                                              
  Exchange rate adjustments                       -                    -      
                                                                              
  CASH AT END OF QUARTER/PERIOD                 0.3                  0.3      
                                                                              
                                                                              
                                   Amount Available          Amount Used      
                                              £'000                £'000      
                                                                              
  FINANCING FACILITIES AVAILABLE                                              
                                                                              
  Barclays Bank PLC - overdraft facility         50                  Nil      
                                                                              
  Barclays Bank PLC - Loan facility           1,500                1,500      

                                                                              
  ESTIMATED CASH OUTFLOWS FOR                                                 
  NEXT QUARTER                                                       £ m      
                                                                              
  Exploration and evaluation                                         Nil      
                                                                              
  Development                                                        Nil      
                                                                              
  RECONCILIATION OF CASH                    Current             Previous      
                                            Quarter              Quarter      
                                              £'000                £'000      
                                                                              
  Cash on hand and at bank                       92                    1      
                                                                              
  Deposits on call                              201                    -      
                                                                              
  Bank overdraft                                  -                 (986)     
                                                                              
  Total cash/(cash borrowings)
  at end of quarter                             293                 (985)     
                                                                              
  Bank Loan at end of quarter                (1,500)              (3,469)     
 
 
 
ISSUED AND QUOTED SECURITIES AT END OF CURRENT QUARTER 
 

                                                                              
                                                                              
  Categories of     Number         Number          Par            Paid-up     
  Securities        Issued         Quoted        Value              Value     
                                                                              
  Ordinary Shares    86.96          86.96          10p                10p     
                   million        million                                     
                                                                              
                                                                              
                                   Number     Exercise        Expiry Date     
                                                 Price                        
                                                                              
  Options                       4,000,000          18p           11/12/04     
                                  100,000          18p            4/02/09     
                                  390,000          18p            3/06/09     
                                1,300,000        23.5P           13/10/06     
                                  400,000          25p           24/02/07     
                                   33,000          25p            8/03/10