CALVF Q1Report; Net profit after tax for the Quarter was $7,111,000 compared to $1,369,000 in the preceding quarter (which included an impairment of $3,884,000) and $1,894,000 in the comparable quarter.
Basic earnings per share for the Quarter were 1.4 cents per share, compared to 0.27 cents in the preceding quarter and 0.38 cents in the comparable quarter.
At March 31, 2012 the Corporation had cash and cash equivalents of $16,288,000 compared to $9,686,000 at December 31, 2011 and $2,217,000 at March 31, 2011.
Cash flow from operations in the Quarter before capital investment was $8,130,000 compared to $3,506,000 in the preceding quarter and $4,686,000 in the comparable quarter.
a subsidiary to CALVF holding the Blanket Gold Mine, its 51% is sold for $30 million and it may be final agreement by 2014 - mugabe has used it to gain votes for the last 20yrs - but lost the last election to - Prime Minister Tsvangirai of Zimbabwe - who don't want it (and declared it null and void) - mugabe 88yrs old with prostate cancer etc. the time working in the right direction for CALVF -
Welcome to CALVF - Caledonia Mining Corporation -
well, good to see all @ CALVF :-)
Presentations 2012 04-18-2012 Global Mining Finance Spring Conference, London -