SIM
SIIF
Simmer And Jack Mines Limited - Trading Statement
SIMMER AND JACK MINES, LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1924/007778/06)
Share code: SIM & ISIN: ZAE000006722
("Simmers" or "the Company")
TRADING STATEMENT
Following the initial review of the provisional results, the Company"s directors
would like to advise shareholders that Simmers expects to report an improvement
in its trading performance for the twelve months ended 31 March 2006. Earnings
per share for the twelve months to 31 March 2006 are expected to be between 100%
and 110% higher compared to that of the prior comparative period. The increase
is as a result of the unrealized gain from the Buffelsfontein acquisition.
The headline loss per share is expected to show an improvement of between 20%
and 30% compared to that of the prior comparative period.
The information in this trading statement has not been reviewed or reported on
by Simmers" auditors. Simmers expects to release its reviewed provisional
results for the year ended 31 March 2006 on Friday, 30 June 2006.
Johannesburg
29 June 2006
Sponsor
Sasfin Capital
(A division of Sasfin Bank Limited)
Date: 29/06/2006 03:58:13 PM Produced by the JSE SENS Department
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