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
TSX Code: WGR
CUSIP Number: S98297104
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
2008 by management has indicated that they expect a basic and headline loss per
share of between 3,85 cents per share and 4,70 cents per share. In the prior
comparative period the company reported a basic and headline loss per share of
11,55 cents per share.
The decrease in the loss and headline loss per share is mainly attributable to
an increase in interest received (R5,25m) which was offset by a decrease in the
fair value gain on a financial asset (R3,26m). 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 2008 are
expected to be published on or about 3 October 2008.
5 September 2008
Sponsor
PricewaterhouseCoopers Corporate Finance (Proprietary) Limited
Date: 05/09/2008 16:30:01 Produced by the JSE SENS Department.
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