MTZ
MTZ
Matodzi Resources Limited - 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")
TRADING STATEMENT
In terms of paragraph 3.4(b) of the Listings Requirements of the JSE Limited
("JSE"), a listed company is required to publish a trading statement as soon as
it becomes aware that the financial results for the next period to be reported
on will differ by at least 20% from those of the previous corresponding period.
Matodzi recorded a loss per share of 86.3 cents and a headline loss of 88.7
cents per share for the year ended 31 March 2005. Shareholders are advised that,
for the year ended 31 March 2006, Matodzi is expecting earnings of between 80
cents and 90 cents per share, and a headline loss of between 30 and 40 cents per
share, representing an improvement of between 197% and 209%, and 53% and 65%
respectively.
The financial information included in this trading statement has been reviewed
by Matodzi"s auditors. The Company"s reviewed results for the year ended 31
March 2006 are expected to be published on or about 4 July 2006.
Johannesburg
30 June 2006
Sponsor
Sasfin Capital
A division of Sasfin Bank Limited
Date: 30/06/2006 05:07:25 PM Produced by the JSE SENS Department
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