InvestorsHub Logo
Followers 20
Posts 7168
Boards Moderated 0
Alias Born 03/02/2013

Re: None

Wednesday, 07/27/2016 6:19:02 AM

Wednesday, July 27, 2016 6:19:02 AM

Post# of 540


The significant increase in Sibanye’s share price, which increased by approximately 120% during the six month period ended 30 June 2016, also had a substantial impact on earnings. The revaluing of financial instruments (predominantly related to share base payments) at higher share prices resulted in a fair value loss of approximately R1,180 million, which negatively impacted HEPS and EPS but is excluded from normalised earnings.

Gold production for the six months ended 30 June 2016 was approximately 23,200kg (746,800oz), compared with 22,204kg (713,900oz) for the previous comparable period, with All-in Sustaining Costs (AISC) of R454,000/kg (US$920/oz) compared with R434,769/kg (US$1,137/oz) for the previous comparable period and

All-in Costs (AIC) of R469,000/kg (US$948/oz) compared with R441,348/kg (US$1,155/oz) for the previous comparable period.



Abosolutely NO mention of the 24+ million AU OZ Burnstone mine or any specific details regarding... Hmmm? Why?

Burnstone has become the elephant in the room IMHO...

http://www.sharenet.co.za/v3/sens_display.php?tdate=20160727115100&seq=23
Extremely impressive earnings per share...
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent SBSW News