Page 208 - 2021 Issue 2
P. 208
JSE – ROY Profile’s Stock Exchange Handbook: 2021 – Issue 2
PER SHARE STATISTICS (cents per share)
Royal Bafokeng Platinum Ltd. EPS (ZARc) 1 369.90 26.30 78.10 - 390.60 87.60
HEPS-C (ZARc) 1 354.40 50.40 25.00 56.40 86.70
ROY
Pct chng p.a. 2 587.3 101.6 - 55.7 - 34.9 204.2
Tr 5yr av grwth % 560.5 16.1 3.3 27.8 27.2
DPS (ZARc) 575.00 - - - -
NAV PS (ZARc) 7 724.36 7 782.03 7 859.38 5 549.21 5 817.98
3 Yr Beta 1.76 0.50 0.03 0.83 1.39
Price High 7 654 5 400 3 500 4 340 5 300
Price Low 1 450 2 463 1 500 2 650 2 235
Price Prd End 6 538 4 962 2 648 2 800 3 561
RATIOS
Ret on SH Fnd 17.81 0.40 1.69 - 4.55 1.77
ISIN: ZAE000149936 SHORT: RBPLAT CODE: RBP Ret On Tot Ass 17.51 1.93 1.99 2.47 2.12
ISIN: ZAE000243853 SHORT: RBP CONV CODE: RBPCB Oper Pft Mgn 40.59 9.09 8.54 8.92 7.20
REG NO: 2008/015696/06 FOUNDED: 2009 LISTED: 2010
D:E 0.54 0.56 0.64 0.40 0.28
Int Cover 16.10 1.29 n/a 7.73 n/a
NATURE OF BUSINESS: Current Ratio 5.35 2.75 5.32 1.96 2.02
The company is an independently operated and managed, Div Cover 2.38 - - - -
mid-tier PGM (Platinum Group Metal) producer whose current NUMBER OF EMPLOYEES: 10 087
mining operations and planned expansion prospects are based DIRECTORS: Ledger P (ind ne), Lucht U (ne),
on the Bushveld Igneous Complex (the Bushveld complex) in Matlala Z (ind ne), MoffetMJ(ind ne),
the North West province, South Africa, the largest source of Mokgosi-Mwantembe T (ind ne),
Phetwe O (Chair, ne), RogersMH(ind ne),
PGMs in the world. RBPlat was formed to exploit PGMs in the Stephens L (ind ne), Phiri S D (CEO),
Merensky and UG2 Reefs on the BRPM, Styldrift and Rossouw H (CFO)
Frischgewaagd properties in the Rustenburg area. The PGM POSTAL ADDRESS: PO Box 2283, Fourways, 2055
resources on the Styldrift and Frischgewaagd farms have been EMAIL: Lindiwe@bafokengplatinum.co.za
identified as hosting the last undeveloped sub-outcrops of the Scan the QR code to WEBSITE: www.bafokengplatinum.co.za
TELEPHONE: 010-590-4510 FAX: 086-572-8047
visit our website
Merensky Reef on the western limb of the Bushveld Complex. COMPANY SECRETARY: Lester Jooste (ACIS)
RBPlat produces approximately 419 thousand 4E ounces per TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.
annum and has a total resource base of 68.1 million ounces. SPONSOR: Merrill Lynch SA (Pty) Ltd.
The mining operations 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 Interim Results 3 Aug 2021 Confirmed
UG2 is currently being mined on a supplemental basis at Next Final Results Mar 2022 Unconfirmed
BRPM, with the UG2 production increasing commensurately Annual General Meeting Apr 2022 Unconfirmed
with the depletion of the Merensky resource. CAPITAL STRUCTURE AUTHORISED ISSUED
The company's brownfield Merensky expansion project on the RBP Ords 1c each 1 000 000 000 258 792 016
neighbouring Styldrift farm which is contiguous to BRPM is DISTRIBUTIONS [ZARc] Ldt Pay Amt
Ords 1c each
well advanced. Styldrift is a new mine development sunk to a Final No 1 29 Mar 21 6 Apr 21 575.00
depth of 753 metres. Styldrift as well as the acquisition of the
LIQUIDITY: Mar21 Ave 3m shares p.w., R180.9m(56.9% p.a.)
Maseve concentrator has the potential to increase the
40 Week MA RBPLAT
Company's production to approximately 410ktpm of milled
ore, yielding approximately 320koz platinum-in-concentrate 11839
per annum. Styldrift is expected to achieve steady state pro- 9870
duction of 230ktpm by the end of 2021.
The company has the benefit of entrenched broad-based black 7900
economic empowerment ("BEE") ownership by the Royal
5931
Bafokeng Nation (through its wholly-owned investment
vehicle Royal Bafokeng Holdings (Pty) Ltd. ("RBH"). 3961
SECTOR: Basic Materials–Basic Resrcs–PreciousMet&Min–Plat&PrecMet 2016 | 2017 | 2018 | 2019 | 2020 | 1992
CONTROLLED BY: Royal Bafokeng Platinum Holdings (Pty) Ltd.
MAJOR ORDINARY SHAREHOLDERS as at 26 Mar 2021 Recent Announcements
Royal Bafokeng Platinum Holdings (Pty) Ltd. 39.97% Friday, 26 March 2021: In accordance with the Terms and Condi-
Public Investment Corporation 11.61%
Allan Gray (Pty) Ltd. 8.07% tions of the Royal Bafokeng Platinum Ltd. ZAR 1 200 000 000
7.00 per cent Senior Unsecured Convertible Registered Bonds
FINANCIAL STATISTICS
(R million) Dec 20 Dec 19 Dec 18 Dec 17 Dec 16 due 2022, issued pursuant to the Listing Document dated 4
Final Final Final(rst) Final Final April 2017, as amended from time to time, bondholders are
Turnover 13 379 7 492 3 627 3 499 3 342 herewith advised of the partial capital reduction of the RBPCB
Op Inc 5 431 681 310 312 241 bonds.
NetIntPd(Rcvd) 333 430 - 74 - 85 - 84 *Bond code: RBPCB
Tax 1 494 60 61 84 - 8 *ISIN: ZAE000243853
Minority Int - - 100 96 94 *Number of units before reduction: 120 000.00
Att Inc 3 529 64 156 - 753 168
TotCompIncLoss 3 529 64 256 - 657 263 *Reduction in number of units: 19 351.00
Hline Erngs-CO 3 489 123 50 109 167 *Number of units after reduction: 100 649.00
Fixed Ass 21 439 20 870 20 309 17 599 16 317 *Denomination: ZAR10 000 each
Inv & Loans 303 290 267 200 182 *Settlement / redemption amount: 4 744 101 ordinary shares of
Def Tax Asset 58 58 70 47 39 the Issuer, at a conversion price of R40.7896 per bond
Tot Curr Ass 9 010 4 790 4 027 3 697 2 704 *Pay date / settlement date of the conversion: 29 March 2021
Ord SH Int 19 817 16 187 15 158 10 670 11 156
*Effective date of the reduction in number of units: 29 March
Minority Int - - - 3 754 3 658 2021
LT Liab 10 442 9 025 9 596 5 838 4 165 This reduction is due to the conversion of the listed debt securi-
Tot Curr Liab 1 686 1 740 756 1 884 1 339
tiesbythebondholderon24March2021,with aconversiondate
of 25 March 2021.
206