Page 226 - SHB 2020 Issue 1

JSE – ROY Profile’s Stock Exchange Handbook: 2020 – Issue 1
PER SHARE STATISTICS (cents per share)
Royal Bafokeng Platinum Ltd. EPS (ZARc) - 70.80 78.10 - 390.60 87.60 - 1 589.20
HEPS-C (ZARc) - 70.80 25.00 56.40 86.70 - 83.20
ROY
Pct chng p.a. - 666.4 - 55.7 - 34.9 204.2 - 134.9
Tr 5yr av grwth % - 3.3 27.8 27.2 - 16.2
NAV PS (ZARc) 6 463.52 8 155.28 5 549.21 5 817.98 5 713.58
3 Yr Beta 0.67 0.03 0.83 1.39 1.37
Price High 3 845 3 500 4 340 5 300 5 996
Price Low 2 463 1 500 2 650 2 235 2 261
Price Prd End 3 460 2 648 2 800 3 561 2 665
RATIOS
Ret on SH Fnd - 1.99 1.62 - 4.55 1.77 - 26.01
ISIN: ZAE000149936 SHORT: RBPLAT CODE: RBP Ret On Tot Ass - 0.31 1.99 2.47 2.12 0.58
ISIN: ZAE000243853 SHORT: RBP CONV CODE: RBPCB Oper Pft Mgn 1.55 8.54 8.92 7.20 - 1.31
REG NO: 2008/015696/06 FOUNDED: 2002 LISTED: 2010 D:E 0.48 0.58 0.40 0.28 0.28
Int Cover n/a n/a 7.73 n/a 56.74
NATURE OF BUSINESS: Current Ratio 3.03 5.32 1.96 2.02 2.27
The company is an independently operated and managed, NUMBER OF EMPLOYEES: 9 552
mid-tier PGM (Platinum Group Metal) producer whose DIRECTORS: Ledger P (ind ne), Lucht U (ne),
current mining op er a tions and planned expansion prospects Matlala Z (ind ne), Moffett M (ind ne),
are based on the Bushveld Igneous Complex (the Bushveld Mokgosi-Mwantembe T (ind ne),
Moodley A (ne), Phetwe O (ne),
complex) in the North West province, South Africa, the Rogers M H (ind ne), Smith G L (ne),
largest source of PGMs in the world. RBPlat was formed to Stephens L (ind ne),
exploit PGMs in the Merensky and UG2 Reefs on the BRPM, Moroka Adv K D (Chair, ind ne), Phiri S D
Styldrift and Frischgewaagd properties in the Rustenburg (CEO), Rossouw H (CFO)
area. The PGM resources on the Styldrift and Frischgewaagd Scan the QR code to POSTAL ADDRESS: PO Box 2283, Fourways,
2055
visit our website
farms have been iden ti fied as hosting the last un de vel oped EMAIL: Lindiwe@bafokengplatinum.co.za
sub-outcrops of the Merensky Reef on the western limb of the WEBSITE: www.bafokengplatinum.co.za
Bushveld Complex. RBPlat produces approximately 368 TELE PHONE: 010-590-4510 FAX: 086-572-8047
thousand 4E ounces per annum and has a total resource base COMPANY SECRETARY: Lester Jooste (ACIS)
of 68.3 million 4E ounces. TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.
SPONSOR: Merrill Lynch SA (Pty) Ltd.
The mining op er a tions are Merensky biased with UG2 being AUDITORS: PwC Inc.
mined on a replacement basis. The mining plan currently BANKERS: Nedbank Ltd.
focuses on the shallow Merensky Reef on the BRPM property, CALENDAR Expected Status
and expansion to the Merensky Reef on the Styldrift property. Next Final Results Mar 2020 Un con firmed
UG2 is currently being mined on a supplemental basis at Annual General Meeting Apr 2020 Un con firmed
BRPM, with the UG2 pro duc tion in creas ing com men su rately Next Interim Results Aug 2020 Un con firmed
with the depletion of the Merensky resource. CAPITAL STRUCTURE AUTHORISED ISSUED
The company’s brownfield Merensky expansion project on the RBP Ords 1c each 1 000 000 000 257 277 317
neigh bour ing Styldrift farm which is con tig u ous to BRPM is LIQUIDITY: Nov19 Ave 959 987 shares p.w., R31.7m(19.4% p.a.)
well advanced. Styldrift is a new mine de vel op ment sunk to a PLAT 40 Week MA RBPLAT
depth of 753 metres. Styldrift as well as the ac qui si tion of the 7450
Maseve concentrator has the potential to increase the
Company’s pro duc tion to ap prox i mately 410ktpm of milled 6233
ore, yielding ap prox i mately 320koz platinum-in-con cen trate
5016
per annum. Capital ex pen di ture on the Styldrift project to date
(at 30 September 2019) is R12.65 billion. Styldrift is expected 3798
to achieve steady state pro duc tion of 230ktpm by the third
2581
quarter of 2020.
The company has the benefit of en trenched broad-based black 2014 | 2015 | 2016 | 2017 | 2018 | 2019 1364
economic empowerment (“BEE”) ownership by the Royal
Bafokeng Nation (through its wholly-owned investment Recent Announcements
vehicle Royal Bafokeng Holdings (Pty) Ltd. (“RBH”). Wednesday, 16 October 2019: RBPlat released a quarterly review
and pro duc tion report for the Period 1 July to 30 September
SECTOR: Basic Materials—Basic Resrcs—Mining—Plat&Prcs Metals 2019 and Styldrift progress update.
CONTROLLED BY: Royal Bafokeng Platinum Holdings (Pty) Ltd
MAJOR ORDINARY SHAREHOLDERS as at 25 Oct 2019 Overview
Royal Bafokeng Platinum Holdings (Pty) Ltd. 40.21% - Zero fa tal i ties with double digit im prove ments being recorded
Allan Gray 21.70% in our LTIFR and SIFR
Kagiso Asset Management (Pty) Ltd. 6.91% - 9.2% increase in tonnes delivered to con cen tra tors
FINANCIAL STATISTICS 21.3% increase in Styldrift delivered tonnes
(R million) Jun 19 Dec 18 Dec 17 Dec 16 Dec 15
Interim Final Final Final Final 1.5% increase in BRPM delivered tonnes
Turnover 3 163 3 627 3 499 3 342 3 045 - 2.1% increase in tonnes milled
Op Inc 49 310 312 241 - 40 - 2.1% and 1.8% re spec tive reduction in platinum and 4E metals
NetIntPd(Rcvd) 201 - 74 - 85 - 84 - 81 in con cen trate
Tax - 51 61 84 - 8 - 753 - BRPM cost per 4E ounce increased by 15.1% year to date
Minority Int - 100 96 94 - 722 - 60.1% reduction in capital expenditure as Styldrift project
Att Inc - 164 156 - 753 168 - 3 045
TotCompIncLoss - 164 256 - 657 263 - 3 767 activity nears completion and becomes commercially op era-
Hline Erngs-CO - 164 50 109 167 - 160 tional as of January 2019
Fixed Ass 20 433 20 309 17 599 16 317 15 896 Safety
Inv & Loans 278 267 200 182 146 In line with our as pi ra tion of zero harm we are pleased to report
Def Tax Asset 62 70 47 39 35 that no fatal accidents were recorded during the reporting
Tot Curr Ass 4 105 4 027 3 697 2 704 2 611 period and that our lost time injury frequency rate (LTIFR) and
Ord SH Int 16 561 15 729 10 670 11 156 10 920
Minority Int - - 3 754 3 658 3 564 serious injury frequency rate (SIFR) improved by 33.4% and
LT Liab 7 911 9 025 5 838 4 165 4 126 32.2% re spec tively, compared to the third quarter of 2018.
Tot Curr Liab 1 355 756 1 884 1 339 1 149
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