Noch was..................
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Was macht Durban wohl mit der Knete, den Papieren aus der Kapitalerhöhung??
Ich glaube DROOY plant ne grössere Übernahme. Um Rand unabhängiger zu werden.
Aber welches gute,kostengünstig produzierende Unternehmen würde sich in der heutigen aussichtsreichen Zeit übernehmen?????
Es kommt mit der Knete ein backdoor fisting der Altaktionäre von EMP.
Die alten Goldbugs wurden ausgeschlossen und DROOY sichert sich die Übernahme billig.
Nur die Käseköppe werden noch mit ins Boot genommen.
Der Rest wendet dann die Pleite ab....warten wirs ab.
Oder es ist ein poison-pill.
# gogh,
Auf den Fidischi-Inseln war ich vor Jahren mal,sollte es dort Gold geben? mir ist dort nichts bekannt.
gruss hpoth
Jedenfalls im November wird in SA nochmals die Zinsen um 0.5%gesenkt .
2004-11-04 : Monetary Policy Review (17:00) SA
Das wird endlich den Rand entwerten und die schlussendliche Trendwende einleiten.
Mboweni steht unter Druck, nur so kann er sich seine Haut retten und das politische Klima beruhigen.
DROOY wird REANIMIERT!!!!
'#gogh,
Mit dem Erlöse kaufe Dir paar Krüger-Rand finde ich sehr gut , mache ich z.T.auch,denn die laufen nicht mehr weg.Was nutzt all das Papier wenn es mal Ernst wird.
gruss hpoth
LOVE AND HATE
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Ich denke, wir werden den heutigen Tag mit liebe beenden...........
Aus "BUSINESS DAY" vom 5.10.2004
Durban Deep may pull plug on JSE listing
Gold producer Durban Roodepoort Deep (Durban Deep) is considering pulling the plug on its primary listing in SA, chairman Mark Wellesley-Wood said yesterday.
This is the latest indication of the effect of the strong rand on the South African gold sector, with local producers moving more of their focus offshore.
The announcement followed last week's revelation that the company wants to change its name to DRDGOLD, a move which would also dilute its links to SA by dropping the names Durban and Roodepoort from its title.
Wellesley-Wood said only about 5% of the company's shares were held in SA, with 15% in Australia, 20% in Europe and 60% in north America.
"We don't have any (significant) shareholders here, really," he said. "Increasingly, the bulk of our business is outside SA."
He said Durban Deep's reporting timetable "is dictated by the US and Australian capital markets, and Johannesburg is becoming less and less relevant".
Wellesley-Wood said a recent relaxation of rules making it easier for companies listed offshore to have secondary listings in SA was also a factor in the debate around the decision.
Durban Deep currently has primary listings in SA and Australia, and has secondary listings on the bourses of London, Papua New Guinea and the Nasdaq in New York. The stock is also traded in Brussels, Paris, Berlin and Frankfurt.
Wellesley-Wood said the choice the company faced was between having just one primary listing in Australia, or primary listings in both Australia and on the Nasdaq.
"We can't see growth here in SA, where the mines are old and there is very limited opportunity."
He said he and Durban Deep CE Ian Murray were " constantly on aeroplanes, and as we expand (further offshore), we will be creating more jobs for South African underground mining expertise".
In another departure from tradition, Durban Deep was to cease quarterly financial reporting, Wellesley-Wood said.
He said the company was seeking further offshore expansion in its operations, with a "third leg" to complement its existing activities in SA and in Australasia.
"What is Durban Deep? We are a niche producer, and if you are a niche producer, you have to be focused," he said.
He said the company's Australasia operations in Papua New Guinea and Fiji had an annual output of 360 000oz of gold at a cost of $250 an ounce.
"That makes a reasonable business. If they were to be separately listed in Australia, that could be sustainable," he said.
He said Durban Deep was looking at other countries where the company could mine.
"We would move there through acquisition," he said, noting that last week the company's shareholders passed a resolution boosting the authorised share capital of the company to fill the acquisition war chest.
"We are looking to put substantial weight to establish a third leg up to $200m," he said. "If you look at our risk profile, that would produce a better balance."
Business Day
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Das könnte doch langsam wieder dem Kurs helfen.
Oder paßt das vorhergehende Bild dazu ??
Kuddel
Media Releases
BLYVOOR RETRENCHMENT PROCESS COMPLETED
05 October 2004
407/04-jmd
Johannesburg, South Africa. 5 October 2004. Durban Roodepoort Deep, Limited (JSE: DUR; NASDAQ: DROOY; ASX: DRD; POM SoX: DRD) has announced that the retrenchment process at its Blyvooruitzicht (Blyvoor) mine, near Carletonville, South Africa, has been completed.
A total of 1 619 employees have been paid their retrenchment packages and have received skills training vouchers which can be exercised until the second week of December, 2004. All affected employees have left the mine.
The total cost of the retrenchment exercise was R32 million.
Skills retention, vital to the success of a drive, going forward, to improve levels of productivity, has been an important feature of the retrenchment process. Breakthrough retrenchment agreements secured with employee organisations specified skills retention as the retrenchment selection criterion, rather than the more commonly practiced last-in-first out (LIFO) criterion.
Blyvoor’s General Manager, Mark Munroe, said: “I would like to thank all employees and employee organisations for their understanding and support in expediting the retrenchment process. This marks a new beginning for Blyvoor as a smaller, higher grade mine.”
Blyvoor’s underground tonnage will reduce to about 55 000 tonnes per month from underground. In addition, the mine will process around 240 000 tonnes of slimes dam material per month.
Michael Marriott, Divisional Director: SA Operations, said: “Blyvoor has a significant reserve potential, and downsizing has preserved this option for the future
Link zum Notice of annual meeting (ausführlich !)
Gruß
Schwabenpfeil
LOVE/HATE
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Bis 3 $ sind es nicht mehr weit..................
Wieviele bereuen jetzt schon, dass sie DROOY verkauft haben.
Link zum Annual Report 2004
Gruß
Schwabenpfeil
Nicht vergessen, in SUIDAFRICA werden Morgen, wenn IHR lieb seid die Zinsen gesenkt
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Wen MBOWENI es macht hat er doch von DRDGOLD ein küsschen verdient
@ CMANSON : war wohl nichts mit deiner Vorhersage !!!
AUS "BUSINESS DAY" vom 14.10.2004
Rates unchanged
The South African Reserve Bank's (SARB) Monetary Policy Committee (MPC) has decided at the conclusion of a two-day meeting Thursday to leave the repo rate steady at 7.5%.
This was in line with the consensus view that there would be no change in rates due to surging oil prices.
"The Monetary Policy Committee has concluded that leaving the repo rate unchanged at 7.55 per annum at this meeting would be consistent with CPIX inflation remaining within the target range in the forecast period.
"However, the Committee will continue to monitor the various factors which impact on inflation and will accordingly make any decisions based on the inflation outlook going forward," SARB Governor Tito Mboweni said.
Announcing the decision to leave interest rates unchanged, Mboweni said that the low rate of increase in production prices augered well for inflation going forward.
Thus the inflation outlook over the longer term was promising.
"The Bank's forecasts show that CPIX inflation should stay within the boundaries of the inflation target range over the next two years, moving moderately higher over the coming year, but thereafter easing somewhat," Mboweni said.
He said a number of factors were probably responsible for the favourable inflation outlook.
"One of the developments that has led to lower recorded inflation has been the decline in inflation expectations.
"According to the Survey of Inflation Expectations by the Bureau for Economic Research at the University of Stellenbosch commissioned by the South African Reserve Bank, expected CPIX inflation has declined to within the inflation target range for the three years from 2004 to 2006.
"This is the first time since the inception of the survey in the third quarter of 2002 that CPIX inflation expectations for all three forecast years have fallen within the target range. This is a welcome development indeed.
"A number of other factors support a low inflation outcome. These include the fiscal prudence applied by government, an improved outlook for food prices (despite the serious drought in some parts of the Western Cape), commitment by the public authorities to contain administered price increases and low inflation, on average, in the rest of the world," he said.
None of the economists at South Africa's four largest commercial banks had expected any change, saying the possibility of a rate hike was very remote.
The no change forecast was despite a drop in CPIX inflation (headline inflation excluding mortgage costs) to 3.7% y/y in August from 4.2% y/y in July and 5.0% y/y June after staying at 4.4% y/y for metro and other areas in May, April and March from 4.8% y/y in February 2004.
The CPIX has been below the mid-point of the inflation target range for six out of the last seven releases prior to June.
The SARB's inflation target is to keep the y/y rate for CPIX within a range of 3% to 6% and most economists still expect CPIX to stay within range this year.
Crude oil prices were below $53 per barrel in Asian trade on Wednesday, coming sharply off the record highs seen on Tuesday on concerns about possible disruptions to supply.
I-Net Bridge
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Kuddel 
@ KNUDDEL, ich bin bitter enttäuscht und depresiv darüber, hätte dir lieber mehr freude bereitet..............
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Aber trotzdem KNUDDEL!!!!!!!
Mboweni weis genau wohin er den Rand schicken muss leider ist er nicht so mutig.
Bis zum nächsten grossen Streik der Minenarbeiter.
Dann kann er wieder Superhero spielen................
Gruss Cmanson
