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TAW
TAW
TAW - Tawana Resources NL - Note to the financial statements for the half-year
ended 30 June 2011
Tawana Resources NL
(Incorporated in Australia)
(Registration number ACN 085 166 721)
Share code on the JSE Limited: TAW
ISIN: AU000000TAW7
Share code on the Australian Stock Exchange Limited: TAW
ISIN: AU000000TAW7
("Tawana" or "the Company")
Note to The Financial Statements for the Half-Year ended 30 June 2011, which
were released on SENS on 13 September 2011
Loss per share and headline earnings per share
Classification of securities as ordinary shares
The Company has only one category of ordinary shares included in basic loss per
share.
Classification of securities as potential ordinary shares
There are currently no securities to be classified as dilutive potential
ordinary shares on issue.
30 June 2011 30 June 2010
Number Number
745,516,131 417,873,121
Weighted average number of ordinary shares
used in the calculation of basic loss per
share
$ $
(333,198) (553,571)
Net loss
The loss per share calculation as disclosed on the Statement of Comprehensive
Income does not include instruments that could potentially dilute basic earnings
per share in the future as these instruments were anti-dilutive in the periods
presented. A summary of such instruments is as follows:
Equity securities Number of Number of
securities potential
ordinary
shares
179,920,000 88,160,053
Options over ordinary shares
Headline earnings per share
Reconciliation of net loss to headline earnings
30 June 2011 30 June 2010
$ $
Net loss (333,198) (553,571)
Less:
- Profit on sale of assets (232) -
Headline earnings used in the (333,430) (553,571)
calculation of headline earnings per
share
Headline earnings per share (cents) (0.04) (0.13)
16 September 2011
Sponsor
PricewaterhouseCoopers Corporate Finance (Pty) Ltd
Date: 16/09/2011 09:51:17 Produced by the JSE SENS Department.
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