WGR - Witwatersrand Consolidated Gold Resources Li
WGR
WGR
WGR - Witwatersrand Consolidated Gold Resources Limited - Trading update
Witwatersrand Consolidated Gold Resources Limited
(Incorporated in the Republic of South Africa)
Registration Number 2002/031365/06
("Wits Gold")
JSE Code: WGR
ISIN: ZAE000079703
Trading update
In terms of the Listings Requirements of JSE Limited, companies are
required to publish a trading statement as soon as they become reasonably
certain that the financial results for the period to be reported on will be
more that 20% different from that of the previous corresponding period.
Accordingly, a review of the financial results for the 6 months ended 31
August 2007 by management has indicated that they expect a basic and
headline loss per share of between 10,40 cents per share and 12,70 cents
per share. In the prior comparative period the company reported a basic
and headline loss per share of 29,95 cents per share.
The decrease in the loss and headline loss per share is mainly attributable
to an increase in both interest received (R1,7m) and the fair value gain on
a financial asset (R3,5m).
The financial information on which this trading statement is based has not
been reviewed or reported on by Wits Gold`s auditors. The results for the 6
months ended 31 August 2007 are expected to be published on or about 15
November 2007.
30 October 2007
Sponsor
PricewaterhouseCoopers Corporate Finance (Proprietary) Limited
(Registration number 1970/003711/07)
Date: 30/10/2007 12:32:33 Produced by the JSE SENS Department.
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