Page 214 - Profile's Stock Exchange Handbook - 2021 issue 1

JSE – ROY Profile’s Stock Exchange Handbook: 2021 – Issue 1
Royal Bafokeng Platinum Ltd. PER SHARE STATISTICS (cents per share) 78.10 - 390.60 87.60
338.00
26.30
EPS (ZARc)
ROY
HEPS-C (ZARc) 335.30 50.40 25.00 56.40 86.70
Pct chng p.a. 1 230.6 101.6 - 55.7 - 34.9 204.2
Tr 5yr av grwth % - 16.1 3.3 27.8 27.2
NAV PS (ZARc) 2 981.29 7 782.03 7 859.38 5 549.21 5 817.98
3 Yr Beta 1.55 0.50 0.03 0.83 1.39
Price High 6 500 5 400 3 500 4 340 5 300
Price Low 1 450 2 463 1 500 2 650 2 235
Price Prd End 3 471 4 962 2 648 2 800 3 561
RATIOS
Ret on SH Fnd 10.19 0.40 1.69 - 4.55 1.77
Ret On Tot Ass 8.66 1.93 1.99 2.47 2.12
ISIN: ZAE000149936 SHORT: RBPLAT CODE: RBP
ISIN: ZAE000243853 SHORT: RBP CONV CODE: RBPCB Oper Pft Mgn 22.54 9.09 8.54 8.92 7.20
REG NO: 2008/015696/06 FOUNDED: 2009 LISTED: 2010 D:E 0.63 0.56 0.64 0.40 0.28
Int Cover 7.49 1.29 n/a 7.73 n/a
NATURE OF BUSINESS: Current Ratio 4.35 2.75 5.32 1.96 2.02
The company is an independently operated and managed, NUMBER OF EMPLOYEES: 10 087
mid-tierPGM(PlatinumGroupMetal)producerwhosecurrent DIRECTORS: Ledger P (ind ne), Lucht U (ne),
Matlala Z (ind ne), MoffetMJ(ind ne),
mining operations and planned expansion prospects are based Mokgosi-Mwantembe T (ind ne), Phetwe O (ne),
on the Bushveld Igneous Complex (the Bushveld complex) in RogersMH(ind ne), Stephens L (ind ne),
the North West province, South Africa, the largest source of Moroka Adv K D (Chair, ind ne),
PGMs in the world. RBPlat was formed to exploit PGMs in the Phiri S D (CEO), Rossouw H (CFO)
Merensky and UG2 Reefs on the BRPM, Styldrift and POSTAL ADDRESS: PO Box 2283, Fourways,
2055
Frischgewaagd properties in the Rustenburg area. The PGM Scan the QR code to EMAIL: Lindiwe@bafokengplatinum.co.za
resources on the Styldrift and Frischgewaagd farms have been visit our website WEBSITE: www.bafokengplatinum.co.za
identified as hosting the last undeveloped sub-outcrops of the TELEPHONE: 010-590-4510 FAX: 086-572-8047
Merensky Reef on the western limb of the Bushveld Complex. COMPANY SECRETARY: Lester Jooste (ACIS)
RBPlat produces approximately 401 thousand 4E ounces per TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.
SPONSOR: Merrill Lynch SA (Pty) Ltd.
annumandhasatotalresourcebaseof68.6million4Eounces. AUDITORS: PwC Inc.
The mining operations are Merensky biased with UG2 being BANKERS: Nedbank Ltd.
mined on a replacement basis. The mining plan currently
Status
focuses on the shallow Merensky Reef on the BRPM property, CALENDAR Expected Unconfirmed
Next Final Results
Mar 2021
and expansion to the Merensky Reef on the Styldrift property. Annual General Meeting Apr 2021 Unconfirmed
UG2 is currently being mined on a supplemental basis at Next Interim Results Aug 2021 Unconfirmed
BRPM, with the UG2 production increasing commensurately
CAPITAL STRUCTURE AUTHORISED ISSUED
with the depletion of the Merensky resource. RBP Ords 1c each 1 000 000 000 258 792 016
Thecompany’s brownfieldMerenskyexpansionprojectonthe LIQUIDITY: Nov20 Ave 2m shares p.w., R101.2m(42.4% p.a.)
neighbouring Styldrift farm which is contiguous to BRPM is
PLAT 40 Week MA RBPLAT
well advanced. Styldrift is a new mine development sunk to a
depth of 753 metres. Styldrift as well as the acquisition of the
Maseve concentrator has the potential to increase the
10400
Company’s production to approximately 410ktpm of milled
ore, yielding approximately 320koz platinum-in-concentrate 8219
per annum. Styldrift is expected to achieve steady state pro-
6038
duction of 230ktpm by the end of 2020 or early in 2021.
The company has the benefit of entrenched broad-based black 3857
economic empowerment (“BEE”) ownership by the Royal 1676
Bafokeng Nation (through its wholly-owned investment 2015 | 2016 | 2017 | 2018 | 2019 | 2020
vehicle Royal Bafokeng Holdings (Pty) Ltd. (“RBH”). Recent Announcements
SECTOR: Basic Materials—Basic Resrcs—Mining—Plat&Prcs Metals Thursday, 29 October 2020: RBPCB - Notification of the Appoint-
CONTROLLED BY: Royal Bafokeng Platinum Holdings (Pty) Ltd. ment of the Debt Officer
MAJOR ORDINARY SHAREHOLDERS as at 30 Oct 2020 Pursuant to paragraphs 6.39(a) and 7.3(g) of the JSE Ltd. Debt
Royal Bafokeng Platinum Holdings (Pty) Ltd. 39.97% Listings Requirements, bondholders of the Royal Bafokeng
Public Investment Corporation 12.25%
Allan Gray (Pty) Ltd. 10.10% Platinum Senior Unsecured Convertible Registered Bonds are
hereby advised that Mr Hanre Rossouw, the Chief Financial
FINANCIAL STATISTICS Officer of the Company, has been appointed as RBPlat’s Debt
(R million) Jun 20 Dec 19 Dec 18 Dec 17 Dec 16 Officer with immediate effect.
Interim Final Final(rst) Final Final TheRBPlatBoardhasconsideredandissatisfiedwiththecompe-
Turnover 4 606 7 492 3 627 3 499 3 342
tence, qualifications and experience of the Debt Officer.
Op Inc 1 038 681 310 312 241 The contact details of the Debt Officer are as follows:
NetIntPd(Rcvd) 197 430 - 74 - 85 - 84 Email: debtofficer@bafokengplatinum.co.za
Tax 408 60 61 84 - 8
Minority Int - - 100 96 94 Telephone: 0027 (11) 590 4510
Att Inc 870 64 156 - 753 168 Thursday, 22 October 2020: Overview
TotCompIncLoss 870 64 256 - 657 263 *Zero fatalities with significant improvements in all key safety
Hline Erngs-CO 863 123 50 109 167 rates
Fixed Ass 21 026 20 870 20 309 17 599 16 317 *Improvement in all key production metrics for the reporting
Inv & Loans 298 290 267 200 182 period
Def Tax Asset 58 58 70 47 39 - 27.3% increase in tonnes hoisted
Tot Curr Ass 7 130 4 790 4 027 3 697 2 704 - 15.6% increase in tonnes milled
Ord SH Int 17 071 16 187 15 158 10 670 11 156 - 5.3% improvement in built-up head grade
Minority Int - - - 3 754 3 658
- 23.8% increase in 4E ounces
LT Liab 10 780 9 025 9 596 5 838 4 165 *310kt of ROM ore surface stocks
Tot Curr Liab 1 639 1 740 756 1 884 1 339
*8.7%reductionincashunitcostper4Eounce(stockadjusted)
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