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 12 months ended 28 February 2010 by management
has indicated that they expect a basic and headline loss per share of between
25.30 cents per share and 30.80 cents per share. In the prior comparative
period the Company reported a basic loss and headline loss per share of 13.14
and 13.19 cents per share respectively.
This increase in the basic loss and headline loss per share is mainly
attributable to a reduction in net finance income (R8,3m), partially offset by
decreases in consulting fees (R1,2m), investor relations expenditure (R0,9m) and
employment related expenditure (R1,5m).
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 12 months
ended 28 February 2010 are expected to be published on or about 28 May 2010.
29 April 2010
Sponsor
PricewaterhouseCoopers Corporate Finance (Proprietary)
Limited
(Registration number 1970/003711/07)
Date: 29/04/2010 16:50:02 Produced by the JSE SENS Department.
The SENS service is an information dissemination service administered by the
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or
implicitly, represent, warrant or in any way guarantee the truth, accuracy or
completeness of the information published on SENS. The JSE, their officers,
employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature,
howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
