NHM
NHM
NHM - Northam Platinum Limited - Trading Statement
NORTHAM PLATINUM LIMITED
(Registration number 1977/003282/06
(Incorporated in the Republic of South Africa)
JSE Code: NHM ISIN: ZAE000030912
("the company" or "the group")
TRADING STATEMENT
Shareholders are advised that the group`s earnings per share and headline
earnings per share for the six months ended 31 December 2009 are estimated to
be between 55 and 65 cents. This compares with the 113.5 cents per share for
the previous comparable period ended 31 December 2008.
The anticipated decline in earnings stems primarily from a combination of the
lower rand basket price received, the effects of inflation on the operating
costs and the increase in the number of shares in issue during the period
under review.
The weighted average number of shares in issue as at 31 December 2009 was 360
130 630, compared with 326 813 788 as at 31 December 2008.
The forecast earnings have not been reviewed by the company`s auditors.
It is anticipated that the interim results for the six months ended 31
December 2009 will be released on or about 23 February 2010.
Johannesburg
10 February 2010
Sponsor:
Barnard Jacobs Mellet Corporate Finance (Pty) Limited
Date: 10/02/2010 07:30:01 Produced by the JSE SENS Department.
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