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Sibanye Gold Limited

March 2013 quarter salient features

   A 121% quarter-on-quarter increase in operating profit to R1,518 million (US$171 million).
   Free cash generation of R590 million (US$66 million) during the quarter.
   A 36 per cent quarter-on-quarter gold production increase to 9,312 kilograms (299,400 ounces).
   A 22 per cent quarter-on-quarter reduction in notional cash expenditure ("NCE") to R381,347 per kilogram
    (US$1,334 per ounce).
   Net debt of R2.8 billion (US$304 million) as at 30 April 2013.
   A 327% increase in available cash from 31 December 2012 to R1.2 billion (US$130 million)on 30 April 2013.
   Excellent safety performance with the group now in line with United States underground fatality rates.
   Good progress made with implementation of the group business process re-engineering ("BPR") initiatives

SGL results out tomorrow. Shares traded 6m, kinda high volume.

Had my @$$ handed to me on a silver platter last few sessions, not so much fun.

SA unemployment rate @ 25.20% as expected, previously 24.90%.  Draghi speaks at 15:00, no idea why though.

Check if mine is not also there, mine was stuffed with gold, thus look for my @ss at the bottom... pun intended..

Port 1
 
Bil 82%
SGL 15% (Bought in again at R8.11)
 
Port 2
 
BIL 100 % 
 
Port 3
 
DRD 100 % 

SGL at R8.50, it just does not make sense.

Check out gold spike .. whoo hooooooo

You must realize that fund managers are restricted by the FSB to be more conservative to protect the investors. The average is about 20% if the markets allow.
If you cannot do that then I suggest Satrix Ind. Does about 30%pa. It has been proven over time that Equities gain the most.
Most guys here except jaDEB have been doing 50 to 80% pa.
Not bragging but I am pleased with my 60%.
 

Shot Orca, I needed that ..... I love Mondays

they just brought out a trading statement