|
WEZ
WEZ
WEZ - Wesizwe Platinum Limited - Trading Update
WESIZWE PLATINUM LIMITED
(Registration No. 2003/020161/06)
("the Company" or "Wesizwe")
JSE Code: WEZ
ISIN: ZAE000075859
Trading update
In terms of the Listings Requirements of JSE Limited, companies are required to
publish a trading statement as soon as they become reasonably certain that the
financial results for the period to be reported on will vary more than 20% from
that of the previous corresponding period.
Accordingly, a review of the financial results for the period ended 31 December
2009 has indicated that a basic and headline loss per share is expected to be
between 30% and 40% less than the reported basic and headline loss per share for
the same period last year.
The decrease in the basic and headline loss per share is mainly attributable to
the continued expenditure in progressing the core project of the Company.
The annual financial statements for the period ended 31 December 2009 are
expected to be published and sent to shareholders by 31 March 2010.
This Trading Update has not been reviewed or reported on by Wesizwe`s External
Auditors.
19 March 2010
Sponsor
Investec Bank Limited
(Registration number 1969/004763/06)
Date: 19/03/2010 14:31:01 Produced by the JSE SENS Department.
The SENS service is an information dissemination service administered by the
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or
implicitly, represent, warrant or in any way guarantee the truth, accuracy or
completeness of the information published on SENS. The JSE, their officers,
employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature,
howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS. |
|