1. SALIENT FEATURES
Operating loss increased by 312% to R35.5 million, from R8.6 million in the prior corresponding period.
Headline earnings per share (“HEPS”) decreased by 793% to a loss of 33.41 cents per share, from earnings of 4.82 cents per share in the prior corresponding period.
Earnings per share (“EPS”) decreased by 793% to a loss of 33.41 cents per share, from earnings of 4.82 cents per share in the prior corresponding period.
Net asset value per share (“NAVPS”) decreased by 16% to 184 cents per share, from 219 cents per share in the prior corresponding period.
2. SHORT-FORM ANNOUNCEMENT
This short-form announcement is the responsibility of the directors of the Company. It contains only a summary of the information in the full announcement (“Full Announcement”) and does not contain full or complete details. The Full Announcement can be found at:
https://senspdf.jse.co.za/documents/2020/JSE/ISSE/RNG/FY19.pdf
Copies of the Full Announcement is also available for viewing on the Company’s website at https://www.randgoldexp.co.za/announcements-media/annual-reports/ or may be requested in person, at the Company’s registered office or the office of the sponsor, at no charge, during office hours.
Any investment decisions by investors and/or shareholders should be based on consideration of the Full Announcement, as a whole.
These annual results for the year ended 31 December 2019 have been audited by the Company’s auditors, KPMG Inc., who expressed an unmodified audit opinion thereon. The audit opinion also includes communication of key audit matters. The audit opinion is available, along with the annual financial statements, and the summary financial results, on the Company’s website at https://www.randgoldexp.co.za/announcements-media/annual-reports/.
23 March 2020
Sponsor
PSG Capital