Bit of a pat on the back fro on DRDGold in this recent media...

Bit of a pat on the back fro on DRDGold in this recent media report.

From the 26th of August 2013.

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A few select quotes...

"We have paid a dividend for five years. We still have a bit much cash on the balance sheet and we do not want to hold onto surplus cash," said Niël Pretorius DRDGold's CEO....

....."Our institutional shareholders have risen from 20% 18 months ago and now make up above 50% of our shareholder base," said Pretorius.....

.....DRDGold said its operating profit was R679.3m, a 9% increase year-on-year, for the financial year to the end of June. Headline earnings rose 11% to 68 South African cents a share......

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Link below. Well worth a read.


http://www.miningmx.com/page/news/gold_and_silver/1633135-Silver-lining-provided-by-DRDGold#.UiSXkD_Efoa


bsh