opportunity awaits, page-7

Yes, a great Quarterly indeed, Ormond...and just astonishing to see the shareprice getting whacked as it has. This Company is delivering brilliantly, but the market is in a 'capitulation' phase, and just totally lost all sense.

Keep your wits, people.

Here are the Quarterly highlights for those interested:


Production, cost and pre-tax profit improvements
for third consecutive quarter

Highlights

• 30% increase in total PGM production to 6 264oz
• 10% decline in total cash operating costs to R2 591/oz (US$327/oz)
• 54% increase in total pre-tax profit to R86.6 million
• Sylvania Dump Operations (SDO) drive improvements
• Millsell, Steelpoort plants fully operational
• 36% increase in PGM production to 5 753oz
• 15% decline in cash operating costs to R2 436/oz (US$308/oz)
• Faster SDO production build-up expected from Mooinooi plant expansion to 70 000tpm