Harmony Gold Mining Company Ltd (HMY)

[bistouriman]

Just sent this to Harmony Team >>

Dear Mister Manoeli, dear mister Coetzer,


I come back to you abour your last results. To start, congratulations ! Very great results.


I'm suprise ... the stock decrease but the market is no good on this moment BUT i think the reason is really somewhere else. You explain in your last PR your AISC will be between 750 000 and 800 000 Rands. Therefore, the worst will be 800 000 rand or... on the change USD /Rand now, 1751 USD. Ma question is : why so expensive when we know your AISC decrease strongly last year on 1460 USD ??

Why 20% increase !???

Is it just a problem change Rand/USD ? Because if your AISC will be really 800 000 Rand, your profit next year, with a average price like last year, will be near 0 USD....

Do I make a mistake ?

Best regards,