Author Topic: DRD  (Read 8156 times)

jaDEB

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DRD
« on: April 24, 2013, 11:50:00 am »
DRD results out tomorrow, do not know if I should wait then sell or sell before. What to do, what do do?

I know some1 else on the other site is in with me, but with search not working cannot find it .....
« Last Edit: November 25, 2013, 11:34:22 am by jaDEB »
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Patrick

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Re: DRD
« Reply #1 on: April 24, 2013, 11:58:19 am »
JaDEB, the search bar on the top of this site searches both this forum, and the old sharechat. Give it a try. I'm sure this is the thread between you and Theaphelion is the one you're looking for:
http://www.sharechat.co.za/index.php/t/13256/


jaDEB

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Re: DRD
« Reply #2 on: April 24, 2013, 12:10:25 pm »
Yes, thanks. But  ??? 8) that, if the site does not work why should I rely on some1 else (you). I would then rather use your site. It is unfair to use your hard work, to search their site.

You concentrate on making your site work, leave theirs.
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jaDEB

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Re: DRD
« Reply #3 on: April 25, 2013, 08:53:54 am »
DRDGOLD LIMITED
(Incorporated in the Republic of South Africa)
Registration No. 1895/000926/06 / JSE share code: DRD     ISIN: ZAE 000058723
NYSE trading symbol: DRD
("DRDGOLD" or "the Group")

REPORT TO SHAREHOLDERS
for the quarter and nine months ended 31 March 2013

GROUP RESULTS: KEY FEATURES
 
FOR THE QUARTER Q3 2013 v Q3 2012

- Gold production up 3% to 35 976 oz
- Gold revenue up 16% to R531.0 million
- Operating profit up 5% to R170.7 million
- Cash operating costs up 3% to US$1 111/oz
- Headline earnings up 17% to 14 cps

FOR THE NINE MONTHS FY2013 v FY2012

- Gold production up 7% to 110 822 oz
- Gold revenue up 20% to R1 638.4 million
- Operating profit up 15% to R583.1 million
- Cash operating costs up 1% to US$1 091/oz
- Headline earnings up 51% to 59 cps


ERPM, ZIMBABWE
As reported last quarter, we intend to dispose of our ERPM underground mining asset in South Africa and our exploration assets in Zimbabwe. Various
expressions of interest have been received and these are being assessed, our objective being to secure the best deals that maximise value for shareholders.


LOOKING AHEAD
As we move into the exciting commissioning phase of the new flotation/fine-grind circuit at Ergo's Brakpan plant  our first delivery from our ongoing
research and development programme  we are cautiously optimistic about this project's ability to deliver into targeted operating and financial
performance. Meantime, as our strategic capital commitments come to an end, we remain focused on maximising the operating and financial capabilities
of the Brakpan plant's CIL circuit. A key element here is improved productivity, both at operational and individual employee level.

OK, as far as I can see I am talking to myself and Mr Bond.

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MrBig

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Re: DRD
« Reply #4 on: April 25, 2013, 09:33:28 am »
OK, as far as I can see I am talking to myself and Mr Bond.
I think a lot of us competition guys are reading, but don't feel experienced enough to make a contribution. I'm trying to learn from you guys who've been a round a while.

Hstig

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Re: DRD
« Reply #5 on: April 25, 2013, 10:11:02 am »
If i may, the improvement in production is a good positive, but based on the recently falling gold price, how many oz are in reserves that DRD can economically access. Most of the gold revenue is eaten up by the increase in the gold price over the past 12 months. The 12 month period Jan through Dec '12 and '13 will be the watch point in my opinion, especially when looking at quarter on quarter
Cash operating costs are kept nicely in check, but do they exclude capital in the cash cost, as with the company I work for we report on total NCE margin, which is a better relfection of all in costs
That is all my limited knowledge can add, but feel free to correct me if I am wrong.

jaDEB

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Re: DRD
« Reply #6 on: April 25, 2013, 11:07:12 am »
Dankie Mr Hstig

jaDEB

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jaDEB

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Re: DRD
« Reply #7 on: May 29, 2013, 08:33:25 am »
Do we know why this is falling so much, down another 7% in US overnight.

 :frustrated:
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jaDEB

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Re: DRD
« Reply #8 on: November 25, 2013, 11:30:48 am »
 ???
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Moonraker

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Re: DRD
« Reply #9 on: November 25, 2013, 12:57:59 pm »
Check this  ..
(For an explanation of P&F charts see HERE


jaDEB

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Re: DRD
« Reply #10 on: December 03, 2013, 04:56:25 pm »
 :wtf:

Dammit, we can so make money here and with SGL. Or loose -  :frustrated: ... If we just had a crystal ball to tell us what the gold price and Rand will be doing. How about it Patrick, can you add the ball to your website, say to subscriber's only ?

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Orca

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Re: DRD
« Reply #11 on: December 03, 2013, 06:42:40 pm »
Yes jaDEB. You will need balls for gold stocks. Big Balls.
I started here with nothing and still have most of it left.

jaDEB

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Re: DRD
« Reply #12 on: December 04, 2013, 03:30:06 pm »
 :wtf:
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jaDEB

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Re: DRD
« Reply #13 on: December 04, 2013, 03:45:38 pm »
No I do not, had some a while ago, then SGL. I now have Glencore, that, for some reason has been stable the last couple of days. Of course they do not have gold.

Port 1 (mine)
100% - GLN

Port 2 (Mine/my brother Darryl / Other brother Darry)
100% OCE

But damn, gold dropped to 1214, now back up to 1226. Rand at R10.38. I am such  a scary cat, if you catch the bottom, you can make some nice ching.
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jaDEB

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Re: DRD
« Reply #14 on: December 04, 2013, 04:03:46 pm »
Sold mine @ R6.50 in April 2013 ..
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