SIM
SIIF
Simmer & Jack Mines, Limited - Trading Statement
SIMMER & 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
In terms of the Listings Requirements of the JSE Limited relating to trading
statements 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% or more from those of the previous
corresponding period.
Simmers is expecting to report a headline loss per share of 10.48 cents and a
loss per share of 11.08 cents for the six months to 30 September 2006, compared
to a headline loss per share of 1.35 cents per share and a loss per share of
0.52 cents for the prior comparable period. This arises largely from pumping
costs at Randfontein number 4 shaft and R44.9 million share option costs. Profit
from mining activities was R15.9 million compared to a loss of R6.4 million for
the prior comparable period.
The information in this trading statement has not been reviewed or reported on
by the company"s auditors. The interim results announcement is expected to be
published on or about Friday, 27 October 2006.
Johannesburg
26 October 2006
SPONSOR
SASFIN CAPITAL
A DIVISION OF SASFIN BANK LIMITED
Date: 26/10/2006 04:08:48 PM Produced by the JSE SENS Department
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