MTZ
MTZ
Matodzi Resources Limited - Revised Trading Statement
MATODZI RESOURCES LIMITED
(Incorporated in the Republic of South Africa)
Registration number 1933/004523/06
Share code: MTZ ISIN: ZAE000042412
("Matodzi" or "the Company")
REVISED TRADING STATEMENT
Further to the trading statement published by the company on SENS on 21 December
2005, shareholders are advised that Matodzi has revised its figures and now
expects its headline loss per share for the six months ended 30 September 2005
to decrease from those published for the previous corresponding six month period
ended 30 September 2004 by between 40% and 50% (in the 21 December 2005
announcement the percentages were given as between 65% and 75%). These results
include the impact of International Financial Reporting Standards ("IFRS") after
a review was performed of existing accounting policies, the impact of which have
been minimal that there is no need for the corresponding period to be restated.
The losses per share for the six months ended 30 September 2005, also reported
in compliance with IFRS, are expected to exceed those published in the prior
corresponding six month period ended 30 September 2004 by between 40% and 50%
(in the December 2005 announcement the percentages were given as between 65% and
75%).
The forecast financial information on which this trading statement is based has
not been reviewed or reported on by Matodzi"s auditors.
The Group"s interim unaudited results for the six months ended 30 September
2005, are now expected to be published on or about Friday, 6 January 2006.
Johannesburg
6 January 2006
Sponsor
Sasfin Capital
(A division of Sasfin Bank Limited)
Date: 06/01/2006 03:52:33 PM Produced by the JSE SENS Department
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