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12-Sep-2018
(Official Notice)
Further to the cautionary announcement dated 19 June 2018, and the subsequent renewal of cautionary announcement dated 31 July 2018, shareholders are advised that negotiations in respect of a possible acquisition are still in progress which, if successfully concluded, may have a material effect on the price of the company?s securities.



Accordingly, shareholders are advised to continue exercising caution when dealing in the company?s securities until a further announcement is made.
30-Aug-2018
(C)
Revenue for the year increased to R234.3 million (2017: R205.3 million) and gross profit grew to R152.7 million (2017: R142 million). Profit attributable to equity holders of the parent dropped to R38.2 million (2017: R55.8 million). Furthermore, headline earnings per share lowered to 10.09 cents per share (2017: 14.71 cents per share).



Distribution

A maiden distribution of 10.0 cents per share was declared on 1 September 2017 and paid to shareholders on 30 October 2017. No further distribution or dividend has been declared for the year under review.



Company outlook

There was a weak start to the chrome ore market in the 2019 financial year with record inventory levels in Chinese ports, partly due to higher imports from South African producers and lower consumption in June, a consequence of environmental inspections. Further, market confidence was negatively impacted by the US - China "trade war".



Bauba has since received the above-mentioned WULA and re-commenced opencast production. The result of this will be reflected in the 2019 financial year.



The delay in the granting of Moeijelijk's Section 102 application with the Department of Mineral Resources (DMR) to amend its environmental programme (which is a prerequisite to operate the wash plant) has impacted the commissioning of Moeijelijk's wash plant. Bauba is of the view that this is only an administrative delay by the DMR, and the board is cautiously optimistic that the aforesaid authorisation may be granted shortly.



Once operational, this wash plant will enhance Bauba's profit margins and diversify its revenue streams away from the Chinese metallurgical market into less volatile chemical and foundry grade chrome ore concentrate markets.



The development of the underground operation at Moeijelijk is progressing well, with stable underground production to reach 30 000t per month of LG6 chrome ore run of mine (ROM) before the end of the first half of the 2019 financial year.



In spite of a weaker chrome ore market, Bauba is optimistic about the 2019 financial year considering the developments of the underground operation and the wash plant mentioned above, and that Bauba's business model and Moeijelijk's low cost of production ensures that Bauba is able to operate sustainably in a stressed chrome ore market, if need be.
22-Aug-2018
(Official Notice)
A review of the financial results for the year ended 30 June 2018 by management has indicated that the earnings per share and headline earnings per share are expected to be between 9.35 cents and 10.83 cents, reflecting a decrease of between 36.4% and 26.4% compared to the earnings per share and headline earnings per share of 14.71 cents for the year ended 30 June 2017.



This lower performance compared to the prior year was primarily due to a weaker chrome ore market and a delay in excess of the timeframes stipulated by legislation for the Department of Water - Sanitation (DWS) to grant an application for an amended water use license (WULA) which resulted in no opencast production for the months of May and June 2018.



Bauba received the above mentioned WULA towards the end of June 2018 and has since re-commenced opencast production. The result of this will be reflected in the 2019 financial year.



Bauba expects to release its provisional condensed consolidated results on or about 29 August 2018.
08-Aug-2018
(Official Notice)
The Board is pleased to announce that Bauba has concluded a Chromite Ore Commodity Purchase Contract (?Offtake Agreement?) with Gerald Metals S.A. (?Gerald?) and Pelagic Resources Proprietary Limited (?Pelagic Resources?) for chrome ore Run of Mine (?ROM?) 40% Cr2O3 produced from Bauba?s Moeijelijk Mine. This Offtake Agreement is to be underpinned by a USD5 million prepayment, which represents a part prepayment on 240,000 tonnes of chrome ore ROM to be supplied. The Offtake Agreement includes an appropriate reduction factor on chrome ore ROM tonnage obligations once chrome ore concentrate material is produced from Moeijelijk Mine?s wash plant.



This prepayment may be used for further growth enhancing projects at Bauba?s Moeijelijk Mine or towards acquisition and development of new mines that Bauba is currently pursuing. Gerald is part of The Gerald Group, a leading private global commodity trading company engaged in the physical merchanting, development, trade and structured finance of commodities with approximately USD3 Billion in assets and USD10 Billion in revenue. Gerald has been purchasing on a spot basis from Bauba via its relationship with Pelagic Resources for a year and this transaction complements Gerald?s raw material books and its overall marketing strategy. Pelagic Resources, who has successfully participated over the last 18 months in the marketing of Bauba?s chrome ore production, specialises in international finance, marketing, and supply chain solutions for the global trade of mineral ores and alloys.
31-Jul-2018
(Official Notice)
Further to the cautionary announcement dated 19 June 2018, shareholders are advised that negotiations in respect of a possible acquisition are still in progress which, if successfully concluded, may have a material effect on the price of the Company?s securities.



Accordingly, shareholders are advised to continue exercising caution when dealing in the Company?s securities until a further announcement is made.
19-Jun-2018
(Official Notice)
Shareholders are referred to the withdrawal of cautionary announcement dated 4 April 2018, wherein shareholders were advised that negotiations in respect of a possible acquisition had temporarily ceased due to uncertainty around the exercising of pre-emptive rights of certain shareholders of the potential target company.



Shareholders are hereby notified that these pre-emptive rights have not been exercised and negotiations have now resumed.



Shareholders are further notified that should these negotiations be successfully concluded, it may have a material effect on the price of the company?s securities, and accordingly, shareholders are advised to exercise caution when dealing in Bauba?s securities until a further announcement is made.
04-Apr-2018
(Official Notice)
Further to the cautionary announcement dated 22 January 2018, and the subsequent renewal of cautionary announcement on 5 March 2018, shareholders are advised that negotiations in respect of a possible acquisition have temporarily ceased due to pre-emptive rights of certain shareholders of the potential target company and uncertainty around the timing to conclude discussions around the pre-emptive rights.



Accordingly, the cautionary is withdrawn and caution is no longer required to be exercised when dealing in the Company?s securities. Shareholders will be advised should negotiations resume.

09-Mar-2018
(C)
Revenue for the interim period December 2017 grew to R115.2 million (2016: R14.5 million). Gross profit rose to R73 million (2016: gross loss of R5.7 million). Profit attributable to equity holders of the parent increased to R15.9 million (2016: loss of R5.7 million). In addition, headline profit per share was higher at 4.19 cents per share (2016: headline loss per share of 1.50 cents per share).



Distribution

A maiden distribution of 10 cents per share was declared on 1 September 2017 and paid to shareholders on 30 October 2017. No further distribution or dividend has been declared for the period under review



Outlook

Bauba expects an improved second half performance as it capitalises on the positive chrome ore market. Planned stable monthly underground LG6 chrome ore production of 30 000 t is still expected to be achieved by the first half of the 2019 financial year. Underground production of 25 000 t is now forecast for the 2018 financial year. This is down from previously guided production due to additional safety measures implemented when installing the underground declines, which are now established. A contract to build a spiral wash plant and crushing circuit (plant) to upgrade Moeijelijk's current ROM saleable product to foundry, chemical and metallurgical grade concentrates has been concluded and work has commenced. This plant will be commissioned by July 2018 and will enhance Bauba's profit margins and diversify its revenue stream into less volatile, premium speciality grade products.
05-Mar-2018
(Official Notice)
Further to the cautionary announcement dated 22 January 2018, shareholders are advised that negotiations in respect of a possible acquisition are still in progress which, if successfully concluded, may have a material effect on the price of the Company?s securities.



Accordingly, shareholders are advised to continue exercising caution when dealing in the Company?s securities until a further announcement is made.
21-Feb-2018
(Official Notice)
A review by management of the financial results for the six months ended 31 December 2017, has indicated that the earnings per share and headline earnings per share are expected to be between 4.15 cents and 4.23 cents compared to the loss per share and headline loss per share of 1.50 cents for the six months ended 31 December 2016.



Bauba?s financial results are expected to be released on SENS on or before 9 March 2018.
19-Feb-2018
(Official Notice)
The board of directors of Bauba announced that the company has concluded a contract for the design, construction and commission of a chrome spiral circuit wash plant and primary crushing circuit (?Plant?) at Bauba?s Moeijelijk Mine, Limpopo Province, South Africa (?Moeijelijk?) for a total consideration of R18.4 million (?the Investment?).



Nature of the Plant

The Plant, which is expected to be commissioned by July 2018, will upgrade Moeijelijk?s current chrome ore run of mine (?ROM?) saleable product into a lumpy and then foundry, chemical and metallurgical grade concentrates. The crushing circuit will have a monthly capacity of 41 000 tonnes (?t?) of chrome ore ROM. Lumpy chrome ore, which also attracts a pricing premium to ROM, will be screened during this crushing process. The spiral wash plant will have a planned monthly feed capacity of 35 000 t.



Rationale for the Investment

This product diversification will enhance Bauba?s profit margins and diversify its revenue stream into less volatile, premium speciality grade chrome ore products. This Plant allows for increased production when Bauba?s underground mine is at stable production of 30 000 t per month. Stable planned underground production is still on track to be achieved by the first half of Bauba?s 2019 financial year.



Effective date of the Investment

The effective date of the Investment is 5 February 2018.



Purchase consideration

The purchase consideration of R18.4 million will be settled in cash as follows:

* R8.3 million in February 2018;

* R2.8 million in March 2018;

* R2.8 million in April 2018;

* R1.8 million in May 2018;

* R0.9 million in June 2018; and

* R1.8 million in August 2018.



Conditions precedent

There are no conditions precedent to the Investment.



Financial information

As the Investment is for the development of the Plant, there are no historical net assets, or profits attributable to the net assets, which are the subject of the Investment.



Classification of the investment

The Investment is classified as a Category 2 transaction in terms of the Listings Requirements of the JSE Limited.
05-Feb-2018
(Official Notice)
Shareholders are advised that the Company?s annual compliance report in terms of Section 13G(2) of the Broad-Based Black Economic Empowerment Amendment Act No. 46 of 2013, is available on the Company?s website, www.bauba.co.za.
22-Jan-2018
(Official Notice)
Shareholders are advised that the company has entered into negotiations in respect of a possible acquisition which, if successfully concluded, may have a material effect on the price of the company?s securities.



Accordingly, shareholders are advised to exercise caution when dealing in the company?s securities until a further announcement is made.
23-Nov-2017
(Official Notice)
Shareholders are advised that, at the annual general meeting of Bauba held on 22 November 2017, all the resolutions as set out in the notice of annual general meeting were passed by the requisite majority of shareholders.



The number of shares voted in person or by proxy was 288 287 748, representing 76% of the total issued share capital of the same class of Bauba shares.

29-Sep-2017
(Official Notice)
Shareholders are advised that the integrated annual report for the year ended 30 June 2017, was published on the Company?s website, www.bauba.co.za, and will be distributed to shareholders on Tuesday, 10 October 2017. The integrated annual report contains no modifications to the Reviewed Condensed Preliminary Consolidated Results for the year ended 30 June 2017 published on SENS on 1 September 2017.



Notice was given that the annual general meeting of shareholders of Bauba will be held at 10:00 on Wednesday, 22 November 2017 at Cube Workspace, 1 Wedgewood Link, Bryanston, Gauteng to transact the business stated in the notice of the annual general meeting, which is contained in the integrated annual report.



The board of directors of the Company has determined that, in terms of section 62(3)(a), as read with section 59 of the Companies Act, 2008 (Act 71 of 2008), as amended, the record date for the purposes of determining which shareholders of the Company are entitled to participate in and vote at the annual general meeting is Friday, 17 November 2017. Accordingly, the last day to trade Bauba shares in order to be recorded in the Register to be entitled to vote will be Tuesday, 14 November 2017.
01-Sep-2017
(C)
Revenue for the year shot up to R205.3 million (2016: R78.7 million). Gross profit rose to R142 million (2016: R49.6 million). Profit attributable to equity holders of the parent turned around to R55.8 million (2016: loss of R6.4 million). In addition, headline earnings per share jumped to 14.71 cents per share (2016: headline loss of 1.69 cents per share).



Distribution

A maiden distribution of 10.0 cents per share was declared after year end. The source of the distribution will be from share premium and is considered a return of contributed tax capital to shareholders recorded in the share register of the Company at the close of business on Friday, 27 October 2017.



Company outlook

Bauba is optimistic for the 2018 financial year considering the steadily improving chrome ore prices from May's lows with current CIF pricing for our product above USD200 per tonne, but still with significant quantities of chrome ore in China that must be cleared. Open cast production after the May crash was decreased to preserve our resource for more favourable market conditions and production is currently being increased again to capitalise on the recently improved pricing. Our business model and low cost of production ensures that we are able to operate sustainably in a stressed chrome ore market, if need be.



Due to additional safety measures implemented in securing the highwall face where our underground portal is being constructed, stable underground LG6 chrome ore production of 30 000 t per month will only be achieved by the first half of 2019 and not June 2018 as previously guided. A production rate of 20 000 t of underground LG6 chrome ore is expected to be achieved in June 2018, with a total underground production forecast for the 2018 financial year of 100 000 t.



Any forecast financial information contained in this announcement has not been reviewed or reported on by Bauba's auditors.

24-Aug-2017
(Official Notice)
Further to the trading statement released on SENS on 21 July 2017, a review by management of the financial results for the year ended 30 June 2017 has indicated that the earnings per share and headline earnings per share are expected to be between 14.67 cents and 14.75 cents, reflecting an increase of between 16.36 cents and 16.44 cents compared to the loss per share and headline loss per share of 1.69 cents for the year ended 30 June 2016.



Bauba?s financial results are expected to be released on SENS on or about 1 September 2017.
21-Jul-2017
(Official Notice)
Accordingly, a review of the financial results for the year ended 30 June 2017 by management has indicated that the earnings per share and headline earnings per share are expected to be at least 9.0 cents, reflecting an increase of at least 633% compared to the loss per share and headline loss per share of 1.69 cents for the year ended 30 June 2016. Bauba generated significant cash flows from operating activities during the second half of the financial year and ended with a cash and cash equivalents balance of R122.198 million (2016: 11.739 million) and no interest-bearing borrowings.



This improved financial performance was driven by Bauba's only operating mine, Moeijelijk, having resumed mining activities in January 2017 under a significantly improved chrome ore market and with the new management team ramping up to stable monthly opencast production. The chrome ore price then dropped significantly in May 2017 and has since improved and stabilised.



A further trading statement will be released once the Company has a greater degree of certainty with regards to its financial results for the year ended 30 June 2017. The financial information on which this trading statement is based has not been reviewed or reported on by the Company?s auditors.

07-Apr-2017
(Official Notice)
The board of directors is pleased to announce that Bauba has been granted a 20-year Water Use License (?WUL?) by the Department of Water and Sanitation (effective 30 March 2017) over the farm Moeijelijk 412 KS (?Moeijelijk?) on which it operates a chrome mine. Bauba previously held a General Authorisation for water uses which limited the extent of its chrome mining operations on Moeijelijk. This WUL allows for additional water uses and therefore enables Bauba to more readily conduct its open cast and underground chrome ore mining on Moeijelijk.



29-Mar-2017
(Official Notice)
The board of directors announced that Bauba has, as at the end of March 2017, concluded its Moeijelijk underground chrome mining contract. Underground development is to commence forthwith, with the first saleable LG6 chrome ore expected in July 2017. The build-up to a stable underground monthly production of 30 000 metric tonnes (Mt) of LG6 chrome ore is expected to be achieved before the end of the 2018 financial year.



This contract is to deliver approximately 2.9 million Mt of LG6 chrome ore with an expected minimum chrome grade of 40.0% over a period of approximately nine and half years. The contracted underground mining cost per Mt is competitive versus our current open cast mining costs.



The company is currently investigating options to extend the life-of-mine beyond that agreed to in the contract.
13-Mar-2017
(C)
Loss for the period narrowed to R6.3 million (2015: loss of R9.3 million). Comprehensive loss for the period attributable equity holders of the parent was recorded at R5.7 million (2015: loss of R7.0 million). In addition, headline loss per share was 1.50 cents per share (2015: headline loss of 1.86 cents per share).



Dividends

No dividends were declared during the period under review.



Outlook

The group has had a strong start to the calendar year since resuming production at our Moeijelijk Mine, capitalising on favourable chrome ore prices. For the first two months of the year, the group has sold free-on-truck (FOT) approximately 20 000 metric tonnes (Mt) of LG6 chrome ore for a total sales consideration (exclusive of VAT) of R72.9 million. Furthermore, the group has contracted to sell a further 10 000Mt of LG6 chrome ore from February?s production at an FOT price, exclusive of VAT, of R3 187 per Mt, which is estimated to generate R31.9 million in sales.



Bauba's open cast production target for the six month period to year end 30 June 2017 remains unchanged at 105 000Mt.



The group's underground mine plans are well advanced and first development is planned to start, all things being equal, at the end of March 2017 with the build-up to a stable monthly production of 30 000Mt of LG6 chrome ore expected to be achieved before the end of the 2018 financial year. Bauba's total estimated capital expenditure for the development of the underground mine is R24.5 million.



24-Feb-2017
(Official Notice)
On 5 January 2017, Bauba announced on SENS that chrome mining had resumed at its Moeijelijk Mine, with a targeted chrome ore run-of-mine (?ROM?) output of 20 000 MT a month (to be achieved over a 3-month build-up period).



The board announced that Bauba has, as at January 2017 month-end, timeously exceeded its production target in producing approximately 12 000 metric tons of ROM and has sold and delivered 10 044 metric tons of ROM free-on-truck at its Moeijelijk mine.



Furthermore, Bauba has received a composite sales consideration of R40.3 million (VAT exclusive) for the sale of the aforesaid January ROM of which took place in terms of an off-take agreement entered into by Bauba with a Singapore-based trading company.
25-Jan-2017
(Official Notice)
Shareholders are advised that, at the annual general meeting of Bauba held today, 25 January 2017, all the resolutions as set out in the notice of annual general meeting were passed by the requisite majority of shareholders.
05-Jan-2017
(Official Notice)
Bauba announces that chrome mining has resumed at its Moeijelijk Mine. As announced on SENS on 11 January 2016, the Moeijelijk Mine was placed under care and maintenance on this date as a result of the adverse changes in the chrome-ore market, and more specifically to the drop in the chrome-ore price from USD175 per tonne to approximately USD120 per tonne, thereby rendering the Company?s chrome project financially unviable. The chrome-ore price has subsequently rebounded from last year?s low of USD80 per tonne, and is currently at approximately USD380 per tonne.



The build up to the planned production of 20 000 tonnes of chrome-ore per month is expected to be achieved within the following three months, with the expected chrome grade to be between 39% and 41%.



30-Nov-2016
(C)
Chrome ore revenue jumped to R78.7 million (R40.9 million). Gross profit shot up to R49.6 million (R25.4 million). Loss attributable to owners was R6.4 million (profit of R0.9 million). Furthermore, headline loss per share came in at 1.69cps (earnings of 2.65cps).



Dividends

No dividends were declared during the year under review.
20-Oct-2016
(Official Notice)
The board of directors of Bauba (?the Board?) notified its shareholders of the following changes which will become effective on 1 December 2016:

- Mr Carl-Heinz Gernandt (?Carl?) has, for personal reasons, resigned as Financial Director of the Company. The Board thanks Carl for overseeing the finance function of the Company during his tenure. Carl shall continue to render his services to Bauba on a consultancy basis when required and Bauba looks forward to a continued working relationship with him; and

- Mr Jonathan Knowlden (?Jonathan?) has been appointed as the new Financial Director. Jonathan is a CA (SA) and holds a BCom Financial Accounting degree and a Postgraduate Diploma in Accounting from the University of Cape Town. After completing his articles at Deloitte - Touche, Jonathan went on to become an associate at The Royal Bank of Scotland PLC in London. He was subsequently appointed as the Group Financial Reporting Manager of Clicks Group Ltd. The Board welcomes Jonathan and looks forward to his contribution.
05-Oct-2016
(Official Notice)
17-Aug-2016
(C)
Chrome ore revenue jumped to R78.7 million (R40.9 million). Gross profit shot up to R49.6 million (R25.4 million). Loss attributable to owners was R10.2 million (profit of R0.9 million). Furthermore, headline loss per share came in at 2.68cps (earnings of 2.65cps).



Dividends

No dividends were declared during the year under review.
11-Aug-2016
(Official Notice)
Shareholders are referred to the ?Granting of 20-year Mine Right? announcement released on SENS on 27 June 2016 and are advised that the Company has secured a 30-year Mine Right for chrome on the Farm Moeijelijk 412 KS from the Department of Mineral Resources and not a 20-year Mine Right, as previously announced.
08-Aug-2016
(Official Notice)
A review of the financial results for the year ended 30 June 2016 by management has indicated that:

*the loss per share is expected to be between 2.65 cents and 2.72 cents compared to the earnings per share of 0.34 cents for the year ended 30 June 2015; and

*the headline loss per share is expected to be between 2.39 cents and 2.92 cents compared to the headline earnings per share of 2.65 cents for the year ended 30 June 2015.



This is mainly attributable to the placing of Bauba?s chrome asset (Moeijelijk 412KS) under care and maintenance.



The financial information on which this trading statement is based has not been reviewed or reported on by the company?s auditors. The company?s reviewed results for the year ended 30 June 2016 are expected to be released on SENS on or before 17 August 2016.







22-Jul-2016
(Official Notice)
On 24 March 2016, the company announced that a provision had been made in the results for the six months ended 31 December 2015 for an amount of approximately R15 million in respect of a doubtful debtor (?the Debtor?). This provision arose from the delivery of approximately 20,000 MT of chrome ore to the Debtor, but was not paid for by such party, who subsequently went into business rescue.



Bauba announces that after vigorous legal action taken by its directors, an agreement has been entered into with the Debtor, in terms of which the company is entitled to recover approximately 17,300 MT of its chrome ore product (?Product?) which had been delivered to the Debtor?s processing site.



Bauba will now proceed to solicit buyers for the Product and once sales are concluded, remove such Product from the Debtor?s premises, with the sales proceeds thereof to be off-set against the approximate R15 million outstanding and due to Bauba. Any shortfall will remain part of the company?s concurrent claim against the Debtor.





27-Jun-2016
(Official Notice)
The board of directors of Bauba is pleased to announce that the Company has successfully secured a 20- year Mine Right (?the Mine Right?) for chrome on the Farm Moeijelijk 412 KS from the Department of Mineral Resources.



Bauba has, during the second quarter of 2016, also concluded discussions with certain parties regarding the planning of underground chrome operations on Moeijelijk which are to be mined under the Mine Right at an anticipated 30 000 metric tonnes of run of mine chrome ore per month. The development of the underground mining operations may possibly commence either during the last quarter of 2016 or during the first quarter of 2017, subject to the granting of a pending Water Use Licence Application and prevailing market conditions. If and when so commenced with, the development of underground mining operations will run parallel with the opencast operations, consequently rendering a significant increase in tonnages to be mined monthly.
31-May-2016
(Official Notice)
The board of directors of Bauba (?the Board?) hereby notifies its shareholders of the following changes which will become effective on 31 May 2016:

*Mr Syd Caddy has, for personal reasons, resigned as Chief Executive Officer of the company. The board thanks Syd for overseeing the successful transformation of Bauba from a platinum exploration company to a chrome producer. Syd shall continue to render his services to Bauba on a consultancy basis and Bauba looks forward to a continued working relationship with him; and

*Mr Nick van der Hoven, who currently holds the position of Executive Director - Legal Compliance and New Business Development, has been appointed as the new Chief Executive Officer.





04-May-2016
(Official Notice)
The board of directors of Bauba is pleased to announce that the Company has completed its additional down dip extension drilling programme on the Moeijelijk project. Shareholders are referred to the Company?s website at: http://www.baubaplatinum.co.za where the new updated SAMVAL compliant competent person?s report is available.
30-Mar-2016
(C)
Loss for the period was recorded at R9.3 million (2014: profit of R6.3 million). Total comprehensive loss attributable to owners of the parent widened to R7.0 million (2014: profit of R934 000). Furthermore, headline loss per share improved to 1.9 cents per share (2014: loss of 2.4 cents per share).



Dividends

No dividends were declared during the period under review.



24-Mar-2016
(Official Notice)
Further to the announcement released on SENS on 15 March 2016, a review of the financial results for the six month period ended 31 December 2015 by management has indicated that the loss per share and headline loss per share are both expected to be between 1.66 cents and 2.14 cents, reflecting a decrease in loss of between 11% and 31% compared to the loss per share and headline loss per share of 2.4 cents for the six month period ended 31 December 2014.



This significant adjustment of approximately R15 million is due to an allowance being made for a doubtful debtor account. Currently, there is uncertainty on the recovery of the aforesaid quantum as that trade debtor is presently undergoing business rescue proceedings in terms of the Companies Act, 2008 (Act 71 of 2008), as amended.



The Company?s interim results for the six month period ended 31 December 2015 are expected to be released on SENS on or about 31 March 2016.
15-Mar-2016
(Official Notice)
A review of the financial results for the six month period ended 31 December 2015 by management has indicated that the earnings per share (?EPS?) and headline earnings per share (?HEPS?) are both expected to be between 0.36 cents and 0.84 cents, reflecting an increase of between 115% and 135% compared to the loss per share and headline loss per share of 2.4 cents for the six month period ended 31 December 2014.



This significant increase in EPS and HEPS is mainly attributable to the start-up of the Moeijelijk chrome project and its chrome ore sales. However, included in the EPS and HEPS calculations is an amount of approximately R15 million due and outstanding by one of Bauba?s trade debtors. There is currently, as regards the aforesaid quantum, an uncertainty as to both the extent and date of recovery thereof, as that trade debtor is currently undergoing business rescue proceedings in terms of the South African Companies Act.



The Company?s interim results for the six month period ended 31 December 2015 are expected to be released on SENS on or about 31 March 2016.
01-Feb-2016
(Official Notice)
Shareholders are advised that, at the annual general meeting of Bauba held on Friday, 29 January 2016, all the resolutions as set out in the notice of annual general meeting were passed by the requisite majority of shareholders.



The number of shares voted in person or by proxy was 315 819 961 representing 83.33% of the total issued share capital of the same class of Bauba shares. The number of shares which abstained from voting was 200 000, representing 0.05% of the total issued share capital of the same class of Bauba shares.
11-Jan-2016
(Official Notice)
The last quarter of 2015 saw the market price of chrome-ore experience severe pressure with the price dropping from USD175 to USD120 per tonne. The adverse changes in the chrome-ore market, specifically those pertaining to price, have resulted in the company?s chrome project becoming financially unviable at present. As a result thereof, the board of directors of Bauba has decided to cease current operations and place the Moeijelijk Mine under care-and-maintenance with effect from 11 January 2016. The Moeijelijk Mine shall remain under care-and-maintenance until chrome-ore prices recover and increase to levels sufficient to justify the continuation of mining operations again.
23-Dec-2015
(Official Notice)
Shareholders are advised that the integrated annual report for the year ended 30 June 2015, was distributed to shareholders on 23 December 2015 and contains no modifications to the Reviewed Condensed Consolidated Provisional Results for the year ended 30 June 2015 published on SENS on 19 August 2015.



Notice is hereby given that the annual general meeting of shareholders of Bauba will be held at 10:00 on Friday, 29 January 2016 at First Floor, Building 816/5, Hammets Crossing Office Park, 2 Selbourne Road, Fourways, Gauteng to transact the business stated in the notice of the annual general meeting, which is contained in the integrated annual report.



The board of directors of the Company has determined that, in terms of section 62(3)(a), as read with section 59 of the Companies Act, 2008 (Act 71 of 2008), the record date for the purposes of determining which shareholders of the Company are entitled to participate in and vote at the annual general meeting is Friday, 22 January 2016. Accordingly, the last day to trade Bauba shares in order to be recorded in the Register to be entitled to vote will be Friday, 15 January 2016.



24-Nov-2015
(Official Notice)
The board of directors of Bauba (?Board?) announced that the Company has consistently been achieving the planned production rate of 20 000 MT of LG6 chromite ore per month. In addition, to date, a quantity of 12 500 MT of LG7 chromite ore has also been mined. While the extraction of LG7 was not originally planned for, it has become a viability in parts of the opencast area. A further 9 000 MT of LG7 with an expected grade in excess of 35% Cr2O3 is expected to be mined within the existing Small Scale Mining Area.



During the third quarter of 2015, additional down dip drilling on the Moeijelijk orebody commenced and the first two holes were recently completed. To date, the cores recovered indicate that the down dip extension shows consistent characteristics, both in widths and partings between bands, with the chrome seams currently being mined in the opencast area. The drilling of two additional holes is about to commence, with the aim of completion by mid-December 2015. Pursuant to the aforesaid, the Board aims to secure the issuance of a SAMREC compliant resource statement prior to the end of this calendar year.



The Company continues to engage with the DMR on a regular basis in respect of the application for a 20- year Mining Right for chrome on Moeijelijk lodged earlier this year, and has timeously filed all subsequent requisite submissions in this regard. Bauba is not aware of any current impediments to the granting of the Mining Right and accordingly, the Board believes that the application will be successful and is cautiously optimistic that it may be granted during the first quarter of 2016.



Bauba is also currently in advanced discussions with various parties in planning its underground chrome operations on Moeijelijk, which underground mining operations may, subject to the granting of the Mining Right and prevailing market conditions, commence during 2016. If underground mining operations commence, then these operations will run in parallel with existing opencast operations, consequently rendering a significant increase in tonnages to be mined monthly.
25-Jan-2018
(X)
The Bauba Group is a junior mining company focusing on the mining of chrome ore and the exploration of platinum group metals (PGM).



The Group has recently shifted its main focus towards the mining of chrome from platinum exploration due to the current economic climate, persistently low PGM prices and the acquisition of the Moeijelijk chrome resource with positive long-term prospects.
07-Sep-2015
(Official Notice)
Shareholders are referred to the Independent Competent Persons? Report on the Moeijelijk Chromite Mineral Asset (?Moeijelijk Project?), which is available on Bauba?s website, wherein it was stated that Venmyn Deloitte had performed a valuation of the Moeijelijk Project using the cost and market methods in accordance with the SAMVAL Code and concluded that the fair value of the Moeijelijk Project attributable to Bauba is R34.54 million.



As the previous owners of the Moeijelijk Project had not yet published a maiden Mineral Resource estimate and given the early exploration status of the Moeijelijk Project, not enough information was available for Venmyn Deloitte, the Competent Person, to prepare a discounted cash flow analysis.



Shareholders are further referred to page 1 of the 2014 Integrated Annual Report, wherein it was stated that the board of directors of Bauba placed a total value of R250 million on the prospecting right over the farm, Moeijelijk 412KS, subject to a mining permit being obtained from the Department of Mineral Resources which was granted earlier this year.



Shareholders are accordingly advised that the value of R250 million was determined based on a discounted cash flow model prepared by management of Bauba and that such valuation statement was not SAMVAL compliant because a maiden SAMREC compliant mineral resource had not been declared. The SAMVAL compliant valuation of the Moeijelijk Project remains at R34.54 million.
19-Aug-2015
(C)
Profit for the year came in at R6.3 million (2014: loss of R12.5 million). Profit attributable to equity holders turned around to R934 000 (2014: loss of R9.6 million). Furthermore, headline earnings per ordinary share was recorded at 2.65cps (2014: loss of 4.4cps).



Dividend

No dividends were declared during the year under review.
17-Aug-2015
(Official Notice)
The board of directors of Bauba (?the Board?) notified its shareholders that Ms Kholeka Mzondeki has resigned as an independent non-executive director of the Company with immediate effect due to personal reasons.
07-Aug-2015
(Official Notice)
In accordance with paragraph 3.4(b) of the JSE Ltd. Listings Requirements, companies are required to inform shareholders as soon as there is a reasonable degree of certainty that the results to be reported on next are likely to vary by more than 20% in comparison to the previous corresponding period.



Accordingly, a review of the financial results for the year ended 30 June 2015 by management has indicated that:

*the (loss)/ earnings per share is expected to be between (0.39) and 1.15 cents per share, reflecting a decrease in the loss per share of between 95% and 115% compared to the loss per share of 7.7 cents for the year ended 30 June 2014; and

*the headline earnings per share is expected to be between 2.20 and 3.08 cents per share reflecting an increase in the headline earnings per share of between 150% and 170% compared to the headline loss per share of 4.4 cents for the year ended 30 June 2014.



This is mainly attributable to the start-up of the Moeijelijk chrome project and its chrome ore sales.



The financial information on which this trading statement is based has not been reviewed or reported on by the Company?s auditors. The Company?s reviewed results for the year ended 30 June 2015 are expected to be released on SENS on or about 21 August 2015.
29-May-2015
(Official Notice)
In compliance with paragraph 3.59 of the Listings Requirements of JSE Ltd., the board of directors of Bauba (?the Board?) hereby notifies its shareholders of the following changes to the Board which will be effective from 30 May 2015:

*Mr Willem Moolman has resigned as Financial Director as a result of his decision to emigrate;

*Messrs Jonathan Best and Kenneth Dicks have resigned as independent non-executive directors due to personal reasons;

*Nico van der Hoven (59) has been appointed as non-executive director. He is a commerce and law graduate, director and businessman in various sectors, with over 27 years? experience in exploration and mining; and founding member of Hernic Ferrochrome, Bauba Platinum Ltd. (JSE) and GoldStone Resources Ltd. (AIM);

*Martin Luyt (53) has been appointed as lead independent non-executive director. He is a CA(SA) having completed his articles with BDO Inc. and served as partner until 2002 in which year he established LPH Chartered Accountants Inc., a small to medium sized firm. Martin brings with him a wealth of experience, having spent time working in countries such as England, Kenya, Namibia, Zambia and Guyana;

*Carl-Heinz Gernandt (33) has been appointed as Financial Director. He obtained a B.Com Internal Auditing degree in 2002 from the University of Pretoria and is a member of the Association of Certified Chartered Accountants and Certified General Accountant British Columbia. He previously held directorships, financial managerial and internal auditing positions at various listed and auditing-related companies. His experience within the mining sector includes roles as group financial manager at Jubilee Platinum PLC and Financial Director at Mine Restoration Investments Ltd.

*Nick van der Hoven (29) has been appointed as executive director. He is a commerce and law graduate, an admitted attorney and businessman with recent experience in various mining related projects.



The Board thanks Willem, Jonathan and Kenneth for their invaluable contribution to the Company and wishes them well in their future endeavours, and welcomes Nico, Martin, Carl-Heinz and Nick and looks forward to their contributions to the Company.
26-Mar-2015
(Official Notice)
Bauba announced that the first shipment of run of mine chrome ore was collected by ASA Metals (Pty) Ltd. (?ASA?) on 25 March 2015. This follows the first blast on the LG6 chrome horison, at its Moeijelijk operation on 19 March 2015. The assay results of the first 2 100 tonnes of chrome yielded the expected grade of 39% chrome and met the remaining product specifications as per the chrome ore supply agreement with ASA.
23-Mar-2015
(C)
Loss for the period attributable to equity holders remained unchanged at R3.8 million (loss of R3.8 million). Furthermore, headline loss per share improved to 2.4cps (loss of 3.1cps).
20-Mar-2015
(Official Notice)
Bauba announced that the first blast on the LG6 chrome horison, on its Moeijelijk operation, was taken on 19 March 2015. Mine establishment began in the first week of January 2015, culminating in this blast which will produce approximately 15 000 tonnes of chrome ore at an expected grade of 39% chrome. The first delivery of run of mine chrome ore to ASA Metals (Pty) Ltd. will commence before the end of March 2015. The build up to the planned 20 000 tonnes of chrome ore per month is expected to be achieved within two months from start-up.



Bauba is, in addition to its current Moeijelijk project, continually evaluating other potential chrome projects, with a view to potentially expanding its chrome footprint in the market place and thereby, if successful, further enhancing its free cash flow.
18-Mar-2015
(Official Notice)
A review of the financial results for the six months ended 31 December 2014 by management has indicated that the basic loss per share (?LPS?) and headline loss per share (?HLPS?) are expected to be between 2.06 cents and 2.68 cents, reflecting an decrease of between 12.8% and 32.8% compared to the LPS and HLPS of 3.1 cents for the six months ended 31 December 2013.



Bauba's reviewed interim financial results are expected to be released on SENS on or about 27 March 2015.
23-Feb-2015
(Official Notice)
Further to the acquisition of chrome assets and the granting of the mining permit in 2014, the board of directors of Bauba is pleased to announce that the Department Water and Sanitation has granted Bauba?s major subsidiary, Bauba A Hlabirwa Mining Investments Proprietary Limited, a General Authorisation of water use on the Farm Moeijelijk 412KS and accordingly, the last legislative condition to commence full scale mining operations has been fulfilled.



Operational Impact

Initial site establishment has already been conducted and detailed planning of the open cast mining operation was finalised in anticipation of the approval of the General Authorisation. This approval, together with the Small Scale Mining Permit received in November 2014, allows for approximately 240 000 metric tonnes of run of mine chrome ore to be mined at a planned 20 000 metric tonnes per month at full production. It is expected that the first chrome production will occur before the end of this month. An application for a long-term Mining Right in respect of chrome on the farm Moeijelijk has already been submitted to the Department of Mineral Resources.
11-Nov-2014
(Official Notice)
07-Nov-2014
(Official Notice)
Shareholders are advised that, at the annual general meeting of Bauba Platinum held today, all the resolutions as set out in the notice of annual general meeting were passed by the requisite majority of shareholders.



The number of shares voted in person or by proxy was 65 743 716, representing 51.74% of the total issued share capital of the same class of Bauba Platinum shares.



No shares abstained from voting on the resolutions proposed at the annual general meeting.

15-Oct-2014
(Official Notice)
Bauba announced that the notarial execution of farm Houtbosch 323KT was completed on 27 August 2014. The farm was added to the existing prospecting rights held by the company and registered in the Mineral and Petroleum Titles Registration Office on 7 October 2014.
29-Sep-2014
(Official Notice)
Shareholders are advised that the integrated annual report for the year ended 30 June 2014, was dispatched to shareholders on 29 September 2014 and contains no modifications to the audited abridged condensed consolidated financial statements for the year ended 30 June 2014 and notice of annual general meeting published on SENS on 22 September 2014.



Notice is hereby given that the annual general meeting of shareholders of Bauba will be held at 10:00 on 7 November 2014 at First Floor, Building 816/5, Hammets Crossing Office Park, 2 Selbourne Road, Fourways, Gauteng to transact the business stated in the notice of the annual general meeting, which is contained in the integrated annual report.



The board of directors of the Company determined that, in terms of section 62(3)(a), as read with section 59 of the Companies Act, 2008 (Act 71 of 2008), the record date for the purposes of determining which shareholders of the Company are entitled to participate in and vote at the annual general meeting is 31 October 2014. Accordingly, the last day to shares in order to be recorded in the Register to be entitled to vote will be 24 October 2014.

25-Sep-2014
(Official Notice)
The Johannesburg Stock Exchange ("JSE") wishes to advise that the audit opinion on Bauba Platinum Ltd's annual report for the year ended 30 June 2014 contains a modification. Shareholders are advised to refer to the annual report to ascertain the exact nature of the modification. Accordingly, the company's listing on the JSE trading system will continue to reflect an "E" annotation to indicate the modification. The annotation will be removed when the company's auditor's report no longer contains a modification. This announcement has been placed by the JSE in the interest of shareholders.

22-Sep-2014
(C)
Loss for the year widened to R12.5 million (2013: loss of R9.6 million). Loss attributable to equity holders increased to R9.6 million (2013: loss of R9.2million). Furthermore the headline loss from continued operations was 4.4cps (2013: loss of 7.5cps).



Dividend

No dividends were declared by Bauba Platinum during this reporting period.



Notice of Annual General Meeting

The Annual General Meeting of shareholders of the Company is to be held at 10:00 on 7 November 2014 at First Floor, Building 816/5, Hammets Crossing Office Park, 2 Selbourne Road, Fourways, Gauteng, for the purpose of considering, and, if deemed fit, passing, with or without modification, the resolutions set out in the Notice of Annual General Meeting, which is contained in the Integrated Annual Report.
19-Sep-2014
(Official Notice)
Shareholders are advised that, at the general meeting of Bauba held on Friday, 19 September 2014, convened in terms of the notice of general meeting contained in the circular to shareholders dated 22 August 2014, all the resolutions were passed by 100% of shareholders' votes cast thereon. The special resolutions, where applicable, will be lodged for registration at the Companies and Intellectual Property Commission in due course.
09-Sep-2014
(Official Notice)
Shareholders are referred to the announcement released on SENS on 22 August 2014 and to the circular dated 22 August 2014 ("Circular"), enclosing a notice convening a general meeting of Bauba shareholders ("Notice"), and are advised that Ordinary Resolution Number 4 set out in the Notice was incorrectly transposed from the printers proof into the Circular distributed to shareholders. Ordinary Resolution Number 4 in the Notice should read as follows:



Ordinary resolution number 4 - Authority granted to directors

"Resolved that each director of Bauba be and is hereby individually authorised to sign all such documents and do all such other things as may be necessary for or incidental to the implementation of the resolutions passed at the general meeting of shareholders of Bauba."



The form of proxy enclosed in the Circular distributed to shareholders is correct.
05-Sep-2014
(Official Notice)
In terms of the Listings Requirements of JSE Ltd., companies are required to publish a trading statement as soon as they become reasonably certain that the financial results for the period to be reported on will differ by more than 20% from that of the previous corresponding period.



Accordingly, a review of the financial results for the year ended 30 June 2014 by management has indicated that the loss per share is expected to be between 7.0 and 8.5 cents and the headline loss per share is expected to be between 3.7 and 5.2 cents, compared to the loss per share and the headline loss per share of 7.5 cents for the year ended 30 June 2013.



The financial information on which this trading statement is based has not been reviewed or reported on by Bauba?s auditors. Bauba's financial results are expected to be released on SENS on or about 25 September 2014.

22-Aug-2014
(Official Notice)
Further to the announcements released on SENS on 19 March 2014, 27 March 2014 and 20 June 2014 and using the terms defined therein unless otherwise stated, shareholders are hereby advised that the circular containing full details of, inter alia, the Acquisition as well as a notice to convene a general meeting of Bauba shareholders in order to consider and, if deemed fit, to pass, with or without modification, the resolutions necessary to approve and implement, inter alia, the Acquisition, has been distributed today, 22 August 2014. The circular is also available on the Company's website, www.baubaplatinum.co.za.



Notice of General Meeting

Notice was given that the general meeting of shareholders of Bauba will be held at 10:00 on Friday, 19 September 2014 at the registered office of Bauba, Hammets Crossing Office Park Building 816/5, First Floor, 2 Selbourne Road, Fourways, 2067, to conduct the business stated in the notice of general meeting, which is contained in the circular.



The board of directors of the Company has determined that, in terms of section 62(3)(a), as read with section 59 of the Companies Act, 2008 (Act 71 of 2008), as amended, the record date for the purposes of determining which shareholders of the Company are entitled to participate in and vote at the general meeting is Friday, 12 September 2014. Accordingly, the last day to trade Bauba shares in order to be recorded in the Company?s securities register to be entitled to vote will be Friday, 5 September 2014.
20-Jun-2014
(Official Notice)
Shareholders are advised that as the pro forma financial effects of the Acquisitions have now been disclosed, caution is no longer required to be exercised by shareholders when dealing in the company's securities.
20-Jun-2014
(Official Notice)
Further to the cautionary announcement dated 25 September 2013, the subsequent renewal of cautionary announcements, the last of which was dated 8 May 2014, and the Acquisition of Chrome Assets and Renewal of Cautionary Announcement dated 19 March 2014, and using the terms defined therein unless otherwise stated, shareholders are hereby provided with an update thereto.



Pro forma financial effects

Before and Pro forma after the Acquisitions

*Basic loss per share (cents) -- (3.07); (1.29)

*Headline loss per share (cents) -- (3.07); (1.29)

*Net asset value per share (cents) -- 26.44; 54.87

*Tangible net asset value per share (cents) -- 1.51; (0.02)

*Weighted average number of shares in issue (000?s) -- 123 294; 375 253

*Total number of shares in issue (000?s) -- 127 061; 379 020



Circular to shareholders

The circular containing full details of the Acquisitions, the amendments to the MOI, the Fairness Opinion, Revised Listing Particulars of Bauba and a notice to convene a general meeting of Bauba shareholders in order to consider and if necessary deem fit, to pass with or without modification, the resolutions necessary to approve and implement the Acquisitions, which is in the process of being finalised and approved, is expected to be distributed to shareholders on or about 3 July 2014.
08-May-2014
(Official Notice)
Further to the cautionary announcement dated 25 September 2013, the subsequent renewal of cautionary announcements dated 19 December 2013 and 4 February 2014 and the Acquisition of Chrome Assets and Renewal of Cautionary Announcement dated 19 March 2014, shareholders are advised to continue exercising caution when dealing in the Company's securities, until a further announcement incorporating the pro forma financial effects of the Acquisition of the Chrome Assets, is made.
31-Mar-2014
(C)
The net attributable loss narrowed to R4 million (loss of R5.6 million). In addition, the headline loss per share was smaller at 3.1cps (loss of 4.2cps).



Outlook

The acquisition of the beneficial rights over the chrome assets, which has a low cost open-cast exploitation potential, and the signing of the Chrome Ore Supply Agreement with ASA, secures the potential of a steady cash flow stream, which may satisfy all of the company's financial requirements to advance its projects for the foreseeable future. With a major portion of the net cash proceeds from the chrome operation being diverted into the exploration programme, it will place the group in a favourable position to apply for a mining right over its platinum project and to further develop and exploit its platinum resources.
27-Mar-2014
(Official Notice)
19-Mar-2014
(Official Notice)
A review of the financial results for the six month period ended 31 December 2013 by management has indicated that the loss per share and the headline loss per share is expected to be between 2.8 cents and 3.3 cents, compared to the loss and the headline loss per share of 4.2 cents for the six month period ended 31 December 2012.



The financial information on which this trading statement is based has not been reviewed or reported on by the company's auditors. Bauba's reviewed interim financial results are expected to be released on SENS on or about 28 March 2014.
19-Mar-2014
(Official Notice)
Shareholders are advised to continue exercising caution when dealing in Bauba securities until a further announcement, incorporating the pro forma financial effects of the acquisition, is made.
19-Mar-2014
(Official Notice)
04-Feb-2014
(Official Notice)
Further to the cautionary announcement dated 25 September 2013, and the subsequent renewal of cautionary announcement dated 19 December 2013, shareholders are advised that negotiations are still in progress which, if successfully concluded may have a material effect on the price of the Company's securities. Accordingly, shareholders are advised to continue exercising caution when dealing in the Company's securities, until a further announcement is made.
19-Dec-2013
(Official Notice)
Further to the cautionary announcement dated 25 September 2013 and the subsequent renewal of cautionary announcement dated 6 November 2013, shareholders are advised that negotiations have advanced considerably and a non-binding term sheet has now been signed to enable the Company to assess the potential of exploiting the previously excluded mineral rights on the farms Moeijelik 412 KS and Waterkop 113 KT. The mineral rights have been assessed at a value of R250 million ("Consideration") and the Company has agreed to issue ordinary shares of no par value at a price of 65 cents per ordinary share for its 60 percent of the Consideration. The remaining 40 percent is owned by the BaPedi nation through their shareholding in Bauba A Hlabirwa Mining Investments (Pty) Ltd., a subsidiary of the Company, in whose name the prospecting rights are held.



The mineral rights on the farm Moeijelik 412 KS has previously been geologically assessed through exploration drilling and contains a known chrome resource. An application has been submitted to the Department of Mineral Resources to extract a bulk sample of 100 000 tons of chrome ore for metallurgical test work to assess quality and potential financial viability. Depending on these results, application will be made for additional small-scale mining permits along the 'strike' of the resource area. The necessary applications will then be made to extract chrome ore, using a contract mining company that has experience in mining in the area over an extended period and an offtake agreement will be entered into for the run-of-mine material.



Capital expenditure required to start mining is estimated at R2 million and the successful mining of this chrome resource will result in short-term cash-flows that will be used to fund the continued Platinum Group Metals ("PGM") exploration programme that Bauba has advanced over the last few years. Available funds will be used to commission ten additional exploration boreholes on the Northern Cluster of properties that contain a total target PGM resource of 71.24 million ounces.



Final negotiations remain in progress which, if successfully concluded may have a material effect on the price of the Company's securities. Accordingly, shareholders are advised to continue exercising caution when dealing in the Company's securities, until a further announcement is made.
09-Dec-2013
(Official Notice)
Shareholders are advised that, at the annual general meeting of Bauba held on 9 December 2013, all the resolutions as set out in the notice of annual general meeting were passed by the requisite majority of shareholders.
21-Nov-2013
(Official Notice)
Shareholders are referred to the Notice of Annual General Meeting contained in the Integrated Annual Report which was posted to shareholders on 30 September 2013, and are advised that the Company has postponed the Annual General Meeting which was to be held on 5 December 2013. The Annual General Meeting of shareholders of the Company will now be held at 10:00 on 9 December 2013 at First Floor, Building 816/5, Hammets Crossing Office Park, 2 Selbourne Road, Fourways, Gauteng, for the purpose of considering, and, if deemed fit, passing, with or without modification, the resolutions set out in the Notice of Annual General Meeting, which is contained in the Integrated Annual Report.



The board of directors of the Company has determined that, in terms of section 62(3)(a), as read with section 59 of the Companies Act, 2008 (Act 71 of 2008), as amended, the record date for the purposes of determining which shareholders of the Company are entitled to participate in and vote at the Annual General Meeting is 29 November 2013. Accordingly, the last day to trade Bauba shares in order to be recorded in the Register to be entitled to vote will be 22 November 2013. Shareholders are further advised that the form of proxy as contained in the Integrated Annual Report for the year ended 30 June 2013 remains valid, however shareholders wishing to lodge their form of proxy with the transfer secretary, Computershare Investor Services (Pty) Ltd., must do so by no later than Thursday, 5 December 2013. Shareholders are also able to obtain the forms of proxy, incorporating the amended dates, from the Company's website at www.baubaplatinum.co.za.
06-Nov-2013
(Official Notice)
Further to the cautionary announcement dated 25 September 2013, shareholders are advised that negotiations are still in progress which, if successfully concluded may have a material effect on the price of the company's securities. Accordingly, shareholders are advised to continue exercising caution when dealing in the company's securities, until a further announcement is made.
07-Oct-2013
(Official Notice)
The Johannesburg Stock Exchange advised that the auditors report on the above company's Audited Abridged Condensed Consolidated Financial Results for the year ended 30 June 2013 contains a modification. Shareholders are advised to refer to the said results to ascertain the exact nature of the modification. Accordingly, the company's listing on the trading system will be annotated with an "E" to indicate the modification. The annotation will be removed when the company's auditor's report no longer contains a modification.
30-Sep-2013
(C)
Loss for the year widened to R9.6 million (2012: loss of R5 million). Loss attributable to equity holders increased to R9.2 million (2012: loss of R4.8million). Furthermore the headline loss from continued operations was 7.5cps (2012: loss of 5.2cps).



Dividend

No dividends were declared by Bauba Platinum during this reporting period.



Notice of AGM

The annual general meeting of shareholders of the company is to be held at 10:00 on 5 December 2013 at First Floor, Building 816/5, Hammets Crossing Office Park, 2 Selbourne Road, Fourways, Gauteng, for the purpose of considering, and, if deemed fit, passing, with or without modification, the resolutions set out in the Notice of Annual General Meeting, which is contained in the Integrated Annual Report.



25-Sep-2013
(Official Notice)
Accordingly, a review of the financial results for the year ended 30 June 2013 by management has indicated that the loss per share and headline loss per share is expected to be between 7.1 cents and 7.9 cents, compared to the loss per share of 3.9 cents and the headline loss per share of 7.0 cents for the year ended 30 June 2012. The financial information on which this trading statement is based has not been reviewed or reported on by the Company?s auditors. Bauba's financial results are expected to be released on SENS on or about 30 September 2013.

25-Sep-2013
(Official Notice)
Shareholders are advised that the Company has entered into negotiations with certain existing shareholders to raise the funding required to enable Bauba to maintain its limited drilling programme during the 2014 calendar year and to ensure that the Company continues as a going concern. While no definitive arrangements have been reached yet, the board of directors of Bauba has a reasonable expectation of a positive outcome, which, may result in actions that could have a material effect on the price of Bauba?s securities. Accordingly, shareholders are advised to exercise caution when dealing in the Company?s securities until a further announcement is made.
11-Sep-2013
(Official Notice)
Bauba announce an updated resource estimate for its platinum group metals ("PGM") prospects on the Eastern Limb of the Bushveld Igneous Complex in South Africa's Limpopo province. Bauba holds prospecting rights over eight properties extending across an area of approximately 14 200 ha. The properties have been grouped into three clusters, the Northern, Central and Southern Clusters. Results from the Phase I drilling program of the Northern Cluster has allowed the declaration of a SAMREC compliant, discounted inferred resource estimate of 9.8Moz (4E) over a portion of the Northern Cluster properties.
15-Jul-2013
(Official Notice)
Bauba provided an update regarding drilling progress on the Northern Cluster property of its platinum group metals ("PGM") prospects on the Eastern Limb of the Bushveld Igneous Complex in South Africa's Limpopo province.



Since last reporting, two drill rigs have been in operation, drilling boreholes BAU-041 and BAU-042. Merensky and UG2 PGM reefs have been intersected at planned depths of between 1 950m and 2 510m. This strengthens the company's interpretation of regional structure in this area. In addition to mother hole intersections, four deflections per reef have been drilled on BAU-041, whilst deflection drilling is in progress on BAU-042. Narrow UG2 reef, indicating potholing, was intersected in BAU- 041. All other intersections indicate undisturbed reef.
14-Mar-2013
(C)
Loss for the interim period widened to R5.1 million (R4.1 million). Furthermore, headline loss per share from continued operations grew to 4.2cps (loss of 3.2cps).



Dividend

The main focus of the group during the period under review has been the ongoing exploration of its platinum assets and the group therefore did not generate any revenue and in line with the group's dividend policy, no dividend was declared
08-Mar-2013
(Official Notice)
Accordingly, a review of the financial results for the six month period ended 31 December 2012 by management has indicated that the loss per share and the headline loss per share is expected to be between 3.8 cents and 4.5 cents, compared to the loss per share of 3.4 cents and the headline loss per share of 3.8 cents for the six month period ended 31 December 2011. The financial information on which this trading statement is based has not been reviewed or reported on by the company's auditors. Bauba's reviewed interim financial results are expected to be released on SENS on or about 14 March 2013.
08-Feb-2013
(Official Notice)
Bauba notified its shareholders that Mr Sydney John Maurice Caddy has been appointed as the Chief Executive Officer of the Company with effect from 13 February 2013.
03-Jan-2013
(Official Notice)
The board of directors of Bauba notified its shareholders that Mr Grant Pitt has resigned from the board and as CEO with effect from 31 January 2013 for personal reasons. The board has commenced the process to fill the vacancy and shareholders will be notified once the new appointment has been made.
07-Nov-2012
(Official Notice)
Shareholders are advised that, at the annual general meeting of Bauba held today, all the resolutions as set out in the notice of annual general meeting were passed by the requisite majority of shareholders. The special resolutions will be submitted for registration at the Companies and Intellectual Property Commission in due course.
02-Oct-2012
(Official Notice)
Bauba provided an update regarding drilling progress on the Central and Northern Clusters of the Bauba Project, situated on the Eastern Limb of the Bushveld Igneous Complex in South Africa's Limpopo province. Two drill rigs are currently in operation on the Central Cluster, drilling boreholes BAU-022 and BAU-024. Merensky reef has been intersected at a depth of 2 340m on borehole BAU-022. Logging and sampling of core from these boreholes is in progress.



The company currently has one drill rig operating on the Northern Cluster. The first borehole, BAU-040, has been completed, and a second hole, BAU-041 is in progress. BAU-040 successfully intersected the Merensky and UG2 Reefs at depths of 1 792 meter and 2 272 meter respectively. The assay results for this borehole have revealed 3PGE+Au grades of 6.15g/t over a width of 3.90 meter on the Merensky reef and 6.25g/t over a width of 1.20 meter on the UG2 reef.
28-Sep-2012
(C)
Loss for the year narrowed to R6.7 million (2011: loss of R40.2 million). Loss attributable to equity holders fell to R4.8 million (2011: R71.1 million). Furthermore the headline loss from continued operations was 5.2cps (2011: loss of 37.7cps).



Notice of Annual General Meeting

The Annual General Meeting of shareholders of the company is to be held at City Lodge, Longpoint Office Park, corner of Witkoppen road and Montecasino Boulevard, Magaliessig, Johannesburg, at 10:00 on 7 November 2012.
18-Sep-2012
(Official Notice)
A review of the financial results for the year ended 30 June 2012 by management has indicated that the loss per share is expected to be between 3.3 and 5.2 cents and the headline loss per share is expected to be between 6.2 and 8.1 cents compared to the restated loss per share of 76.5 cents and the restated headline loss per share of 40.6 cents for the year ended 30 June 2011 as announced on SENS on 30 August 2012. Bauba's financial results are expected to be released on SENS on or about 28 September 2012.
30-Aug-2012
(Official Notice)
Shareholders are advised that the restatement of the annual financial statements of the Company for the financial year ended 30 June 2011, as indicated hereunder, is necessitated as result of the pro-active monitoring process by the JSE. The pro-active monitoring process identified that the impairment of the financial assets held for sale should have been reflected in "(Loss)/Profit for the Year" rather than in "Other Comprehensive Loss" as disclosed in the Consolidated Statements of Comprehensive Income on page 22 of the annual financial statements. In line with IFRS requirements the accumulated amounts previously shown in "Other Comprehensive Income" relating to the fair value adjustment of this financial asset held for sale must be restated to "(Loss)/Profit for the Year".



Although this had no effect on the comprehensive loss for the year and the headline loss for the 2011 financial year end, the reclassification resulted in a restatement to the loss for the year and therefore the loss per share figure for the year ended 30 June 2012. The net result of this restatement is an increase in the loss per share by 17.6 cents. This restatement will be incorporated in the results for the financial year ended 30 June 2012.
19-Jul-2012
(Official Notice)
Bauba Platinum is pleased to announce to shareholders that it has been granted the renewal of the two new order Prospecting Rights, held by Bauba A Hlabirwa Mining Investments (Pty) Ltd. ("Bauba A Hlabirwa"), over the Bauba Project. Bauba A Hlabirwa is 60% held by Bauba Platinum and 40% by the Bapedi Nation.



The Prospecting Rights have been issued by the Department of Mineral Resources for a further period of three years. They cover all eight properties which make up the Bauba Project and which are geographically grouped as the Southern, Central and Northern clusters. The renewed rights have been notarially executed and will be lodged with the Mineral and Petroleum Titles Office for registration. For further information please contact Grant Pitt (011 548 7240) or visit www.bauba.co.za.
20-Apr-2012
(Official Notice)
20-Mar-2012
(Official Notice)
Shareholders are referred to the reviewed interim financial statements for the six months ending 31 December 2011 released on SENS on 19 March 2012 and are advised that Bauba's independent external auditors, BDO South Africa Incorporated, have expressed an unqualified review opinion thereon.
19-Mar-2012
(C)
The net attributable loss narrowed substantially to R4.1 million (loss of R31 million). In addition, the headline loss per share from continuing operations was much smaller at 3.3c (loss of 38.3cps).



Prospects

The group's cost structures are representative of the stage of development which the group is currently in with R5 million being spent on exploration activities which has been capitalised in line with the group's accounting policies. With more drilling activities being commissioned, the exploration costs should increase in the next six months compared to the six months ended 31 December 2011.



The group has continued with its stated strategy of disposing of its non-core assets in an orderly fashion. As previously announced and during the period under review the investment in Qinisele Resources (Pty) Ltd was successfully disposed of. The remainder of the non-core assets should be disposed of by 30 June 2012.
12-Mar-2012
(Official Notice)
Accordingly, a review of the financial results for the six month period ended 31 December 2011 by management has indicated that the loss per share and headline loss per share is expected to be between 0.6 cents and 6.7 cents, compared to the loss per share and headline loss per share of 33.1 cents for the six month period ended 31 December 2010. Bauba's reviewed interim financial results are expected to be released on SENS on or about 19 March 2012.
29-Sep-2011
(C)
The company reported an operating loss of R40.2 million (profit of R5 million) and a loss for the year amounted to R58.6 million (profit of R4.4 million). Headline loss per share was recorded at 38.0cps (profit of 4.0cps).



Dividend

No dividend has been declared.



Outlook

The main focus of the Group during the year under review was the drilling of the platinum assets ("Bauba project") acquired though the asset for shares transaction as detailed in the circular to shareholders dated 17 May 2010. This transaction is accounted for as a reverse asset acquisition. These reviewed provisional financial statements reflect the acquisition of the Bauba project as well as the activities related to developing the Bauba Project. The increased losses reflected in these results are of a non-cash nature and are due to the costs associated with the reverse listing and a lower fair value ascribed to the assets held for sale in the consolidated group. The Group is continuing with its stated strategy of disposing of its non-core assets (discontinued operations) in an orderly fashion as previously announced, however, no disposal was concluded during the year.
12-Sep-2011
(Official Notice)
The board of directors of Bauba notified its shareholders that Ms Kholeka Mzondeki has been appointed as a non executive director with immediate effect.
05-Jul-2011
(Official Notice)
The board of directors of Bauba ("the board") advised shareholders that Bauba has raised an amount of R50 million by way of an issue of 27 777 778 ordinary shares for cash to further fund its key platinum exploration projects on the Eastern Limb of the Bushveld. The company has entered into a subscription agreement ("the agreement") in terms of which Trinity Asset Management (Pty) Ltd ("Trinity Asset Management"), or its nominee, will subscribe for 27 777 778 new Bauba ordinary shares ("the subscription shares") at an issue price of R1.80 per share which constitutes 22.8% of the fully diluted issued share capital of Bauba ("the subscription"). The issue price of the subscription shares represents a discount of 4% to the 30 day volume weighted average price of R1.87 per ordinary share as at 27 June 2011.



The R50 million has been raised pursuant to the authority to raise up to R150 million through the issue of 30 000 000 new ordinary shares granted to the Board at the general meeting of the company held on 7 June 2010, and the general authority granted to the board at the annual general meeting of the company held on 19 October 2010, by the requisite majority of Bauba shareholders. The subscription shares are expected to be listed on the JSE by the 22 July 2011 and will rank pari passu with the existing ordinary shares of the company. Bauba will use the funding to expedite its exploration drilling programme on the Southern and Central clusters of its Eastern Limb concessions with the principal objective being the delineation of an inferred resource over these areas.



Pro forma financial effects

Before - after the subscription:

* Loss per share (cents) : (33.1) - (25.6)

* Headline loss per share (cents) : (32.2) - (24.9)

* Net asset value per share (cents) : 41.0 - 71.4

* Total number of share in issue at period end : 90 509 588 - 118 287 366.
05-Jul-2011
(Official Notice)
The board of directors of Bauba ("the board") notified its shareholders that Mr Willem Adriaan Moolman ("Willem") has been appointed as executive financial director and Mr Thulare Victor Thulare ("Thulare") has been appointed as an alternate non-executive director to Dr Mathews Phoza, with immediate effect. In addition, the board advised its shareholders that Mr Grant John Pitt ("Grant"), acting chief executive officer, has been appointed chief executive officer, with immediate effect.
30-Jun-2011
(Official Notice)
The board of directors of Bauba advised shareholders that Merchantec Capital has been appointed as sponsor and company secretary to the company with effect from 1 July 2011.
17-May-2011
(Official Notice)
Shareholders were referred to the announcement of GJ Pitt's director's dealing published on SENS on 16 May 2011 and were advised that this trade was an off market trade.
18-Apr-2011
(C)
The net loss for the period amounted to R31 million (profit of R2.6 million). In addition, a headline loss per share of 33c (earnings of 2cps) was recorded.



Outlook

The group is continuing with its stated strategy of disposing of its non-core assets in an orderly fashion as previously announced. The acquisition of an effective 60% interest in the Houtbosch prospecting right is still subject to the notarial execution and registration and has not been concluded, as such it has not been accounted for by the company in these interim financial results.
15-Apr-2011
(Official Notice)
Bauba shareholders were referred to the trading statement dated 30 March 2011, wherein they were informed that Bauba expected an increase in the loss per share. The company is currently finalising its financial results for the half year ended 31 December 2010 including the accounting treatment of the Bauba Project acquisition. Shareholders were advised that the company anticipates that it will report a loss on basic earnings per share between 70% and 80% greater than the loss of 19c per share reported for the half year ended 31 December 2009. The loss on headline earnings per share will be between 70% and 80% greater than the headline loss of 19c per share reported for the half year ended 31 December 2009. The increased loss is mainly as a result of the acquisition expense of the reverse asset acquisition transaction and a lower fair value ascribed to the assets held for sale in the consolidated group The company expects to announce these results on SENS on or about 15 April 2011.
30-Mar-2011
(Official Notice)
In terms of paragraph 3.4(b) of the JSE Ltd's Listings Requirements, a listed company is required to publish a trading statement as soon as it is satisfied that a reasonable degree of certainty exists that the financial results for the period to be reported upon next will differ, by at least 20%, from the financial results for the corresponding period in the prior year. The company is currently finalising its financial results for the half year ended 31 December 2010 and expects to announce these results on or about 31 March 2011.

Shareholders are advised that a reasonable degree of certainty exists that the company's earnings per share ("EPS") will be between 44% and 54% higher than the loss of 19c per share reported for the half year ended 31 December 2009. Headline earnings per share ("HEPS") will be between 40% and 50% higher than the headline loss of 19c per share reported for the half year ended 31 December 2009. The company is in the process of finalising the accounting treatment of the acquisition and will make an announcement should there be any changes to the financials. The financial information on which this trading statement is based has not been reviewed or reported on by the company's auditors.

28-Mar-2011
(Official Notice)
Bauba refers shareholders to its announcement dated 22 March 2011 and is pleased to inform that all conditions precedent to the reinstatement agreement have been fulfilled and as such the reinstatement agreement has become unconditional in accordance with the terms contained therein and that the asset for shares agreement has consequently been reinstated. Further to the announcement on the 22 March 2011 Bauba confirms Dr M Phosa's appointment as a non-executive director with immediate effect.
22-Mar-2011
(Official Notice)
09-Mar-2011
(Official Notice)
The board announced the appointment of Arcay Moela Sponsors (Pty) Ltd as their sponsor with immediate effect.
25-Feb-2011
(Official Notice)
In compliance with Section 3.59 of the Listings Requirements of the JSE Limited, the board of directors announces the resignation of Mr Mark William Rosslee as a director from the Bauba board with immediate effect.
08-Feb-2011
(Official Notice)
31-Jan-2011
(Official Notice)
Bauba shareholders ("shareholders") are referred to the announcement published on 17 December 2010 and are advised that the company is still in negotiations, the outcome of which may have a material effect on the price of the company's securities. The company and the vendors have mutually agreed to extend the date to enter into the re-instatement agreement from 31 January 2011 to 4 February 2011. Accordingly, shareholders are advised to exercise caution when dealing in the company's securities until a further announcement is made.
17 Dec 2010 15:13:45
(Official Notice)
15 Dec 2010 09:29:54
(Official Notice)
The board of directors of Bauba has been notified of certain developments which may have a material effect on the price at which Bauba securities trade. As a consequence, the board has requested the JSE to implement a voluntary trading halt in the trading of Bauba securities, which will be lifted on publication of a detailed announcement ("detailed announcement") to be published in due course. It is the intention of the board to publish the detailed announcement and lift the trading halt within 24 hours of the publication of this announcement.
09 Dec 2010 09:55:46
(Official Notice)
Shareholders were advised that Dr Mathews Phosa has tendered his resignation as a non-executive director of the company with immediate effect.
06 Dec 2010 17:18:33
(Official Notice)
The board of directors of Bauba Platinum ("the Board") refer shareholders to the litigation statement contained in the circular to shareholders dated 7 May 2010 regarding the listing and incorporating revised listing particulars of Bauba Platinum ("the Circular"). For ease of reference, the litigation statement informed shareholders that there is a review application pending in the North Gauteng High Court of South Africa, Pretoria, brought by Rustenburg Platinum Mines Ltd ("RPM") and ARM Mining Consortium Ltd ("ARM"). This application is against a decision made by the Department of Mineral Resources ("DMR") and citing certain other parties in respect of the refusal of the DMR of an application to grant prospecting rights in respect of certain farms to RPM and ARM. Some of these farms make up Bauba Hlabirwa's Southern Cluster, namely Groot Vygenboom 284KT and Genokakop 285KT, which the DMR granted prospecting rights for on 4 October 2006. These prospecting rights have been notarially executed in favour of Bauba Hlabirwa. At the time when the prospecting rights were granted, as surface owner of the relevant properties, the BaPedi Nation had a preferential right, in terms of Section 104 of the Mineral and Petroleum Resources Development Act, to be granted prospecting rights in respect of those properties. As at the date of the Circular, Bauba Hlabirwa was not a party to nor had it been cited in the application, however, the Board has since been informed that Bauba Hlabirwa has been joined as a respondent in a separate application ("the Application"). Shareholders are advised that the board has taken legal advice in this regard and submitted a notice to oppose the Application. The company will inform shareholders of any further developments.

10 Nov 2010 11:23:41
(Official Notice)
Bauba shareholders are advised that the company has appointed One Capital as its JSE Ltd sponsor with immediate effect.
02 Nov 2010 09:13:07
(Official Notice)
In line with the project development plan announced earlier this year, Bauba commenced work during September 2010 on a scoping study regarding the Southern Cluster of its properties, situated within the Eastern Limb of the Bushveld Igneous Complex (BIC). The purpose of the scoping study is to determine an optimal conceptual mining plan, with accompanying infrastructure, based on the current geological and structural interpretation.



The study will form the baseline for future work on the properties and is the first definitive phase in the development of mining assets; the following phases being, pre-feasibility, feasibility and bankable feasibility studies. The scoping study is running concurrently with the ongoing exploration drilling programme on the properties as well as the compilation of a SAMREC compliant resource estimate. Venmyn and Sound Mining Solutions have been commissioned to conduct the scoping study which is expected to be completed by the end of the first quarter of 2011. For further information please contact Pine Pienaar (011 548 7240/1) or visit www.baubaplatinum.co.za.

20 Oct 2010 10:56:53
(Official Notice)
Shareholders are advised that at the annual general meeting of the company held on Tuesday, 19 October 2010 at The New Atrium, the JSE, One Exchange Square, Gwen Lane, Sandown, all the resolutions presented in the notice of annual general meeting were passed by the requisite majority of shareholders. Shareholders totalling 82.56% of the issued shares were present in person or represented by proxy at the meeting.



Shareholders are further advised that Messrs AM Sher and GP Sequeira retired and did not make themselves eligible for re-election as agreed as part of the acquisition of Bauba.
30 Sep 2010 13:23:06
(Official Notice)
Bauba announced assay results and drilling progress on the Southern cluster of the Bauba Project, situated on the Bushveld Complex Eastern Limb. Bauba has completed the drilling of two boreholes, both of which have successfully intersected the Merensky Reef.



Latest assay results:

Borehole Number 2 (BH 002) intersected the Merensky Reef at a depth of 1 526 metres below datum. The results have revealed a grade (3PGE + Au) of 6.25g/t over a channel width of one metre.



Previously reported assay results:

The company previously reported that borehole number 4 (BH 004) had intersected the Merensky Reef at 1 451 metres below datum. Assay revealed an average PGM grade over a one metre channel of 5.29g/t (3PGE + Au).



Both assay results exceed the targeted resource estimate of 4.60 g/t over a one metre thickness and are in line with results reported on neighbouring properties. Drilling, sampling and internal quality assurance and control (QAQC) are overseen by consulting geologist, Mr S. Gain. Assays are carried out by Genalysis Laboratory Services.



Drilling Progress:

Drilling of borehole number 12 (BH 012) and borehole number 6 (BH 006) is currently in progress. The current depth of BH 012 is 1 480 metres, having intersected the Merensky reef at 1 457 metres below datum. Drilling will continue in order to intersect the UG2 reef. BH 006 is currently at a depth of 505 metres below datum. For further information please contact Pine Pienaar (011 548 7240) or Tracey Peterson (083 408 7173) or visit www.baubaplatinum.co.za.
17 Sep 2010 08:18:44
(Official Notice)
Bauba Platinum commenced trading on the Main Board of the JSE on 17 September 2010. Bauba was created through the reverse listing of a 60% interest in Bauba A Hlabirwa Mining Investments (the Bauba Project). The listing marked a key milestone in the transformation of the company. In order to give full effect to the development of the business imperative offered by the Bauba project, the company has realigned itself to optimise shareholder value, which included listing on the Main Board of the JSE, a change in name (Bauba Platinum Ltd) to reflect the core business and a reconstituted board of directors.



Board members

*Jonathan Best (Chairman) -- former CFO of AngloGold Ashanti

*Pine Pienaar (CEO) -- former CEO of Mvelaphanda Resources

*Mark Rosslee (FD) -- former CFO of Braemore Resources

*Kenneth Dicks -- non-executive director of Harmony Gold and Gold One International;

*Sholto Dolamo -- former head of Lonmin Platinum's research and development team for the precious metals refinery

*Dr Mathews Phosa -- former premier of Mpumulanga

*Damian Smith -- former Group geologist of Northam Platinum.



An introductory capital raising earlier in the year was completed and the proceeds are funding the initial exploration drilling programme and scoping study, as well as the working capital. The exploration programme, which began in April this year, will determine the nature and extent of the PGM mineralisation. Initial drill results have exceeded expectations, with the first two boreholes successfully intersecting the Merensky Reef and confirming the anticipated mineralisation. These results provide a solid base from which the company can, with confidence, accelerate the drilling programme and evaluation.
17 Sep 2010 08:10:35
(Official Notice)
Bauba announced the appointment of Mr Damian Smith as a non- executive director of the company.
16-Sep-2010
(Permanent)
Absolute Holdings Ltd renamed to Bauba Platinum Ltd on the 17 September 2010.
15 Sep 2010 16:59:04
(C)
14 Sep 2010 07:27:42
(Official Notice)
The company is currently finalising its financial results for the year ended 30 June 2010 and expect to announce them on or about 17 September 2010. Shareholders are accordingly hereby advised that a reasonable degree of certainty exists that the company's loss per share will be between 210% and 230% lower than the 58.59c loss per share reported for the year ended 30 June 2009. Headline loss per share will be between 10% and 20% higher than the 58.59c headline loss per share reported for the year ended 30 June 2010. Shareholders are advised that the major portion of the expected loss is due to discontinued operations as disclosed in the last circular issued to shareholders on 17 May 2010. In addition, shareholders are reminded of the Bauba acquisition which is a major subsequent event, which has no impact on the results for the year ended 30 June 2010. This trading statement has not been reviewed or reported on by the company's external auditors.
07 Sep 2010 13:24:46
(Official Notice)
The board of directors of Absolute is pleased to confirm the following salient dates and times in relation to the change in name of the company to Bauba Platinum Ltd following the registration of the special resolution with CIPRO on 3 September 2010:

*Last day to trade shares in the name of Absolute in order to be recorded as a shareholder by the record date on Thursday, 16 September 2010

*Listing of and trading in shares under the new JSE code BAU and ISIN: ZAE000145686 commences on Friday, 17 September 2010

*Record date for determining those shareholders whose shares will be subject to the change of name on Thursday, 23 September 2010

*Date of issue of new replacement share certificates, provided that the old share certificates have been lodged by 12h00 on the record date (share certificates received after this time will be posted within five business days of receipt) on or about Monday, 27 September 2010

*Dematerialised shareholders will have their accounts at their CSDP or broker updated on Monday, 27 September 2010
27 Aug 2010 15:07:39
(Official Notice)
Following the registration of the special resolution for the increase in the authorised share capital of the company, shareholders are advised that as part of the Bauba acquisition, 68 124 600 shares have now been issued to the vendors and listed on the JSE. The registration of the special resolution to change the name of Absolute to Bauba Platinum Ltd has been delayed due to the current nationwide public sector strike, which has impacted the turnaround times at CIPRO. Once this resolution is registered an updated salient dates and times announcement, along with a timetable for the conclusion of the transaction, which also includes the move to the Main Board, will be issued to shareholders.
12 Aug 2010 11:38:56
(Official Notice)
The company reported encouraging results from the initial drilling on the southern cluster situated on the eastern bushveld complex. The company recently acquired a 60% interest in the Bauba project, of which the southern cluster forms part. The company announced, in April 2010, the commencement of an exploration programme that includes diamond drilling as well as geological and geophysical mapping to determine the nature and extent of the platinum group metals ("PGM") mineralisation. The drilling is aimed at confirming a SAMREC inferred resource. Bauba has initially drilled two boreholes, both of which have successfully intersected the Merensky reef.



Borehole number four ("BH04")

BH04 intersected the Merensky reef at 1 451 metres below datum and a further four deflections were drilled. Assay results revealed an average PGM grade ("4Es") over a one metre thickness of 5.29 g/t, which compares extremely favourably with the targeted grade (used by Venmyn Rand in determining the targeted resource) of 4.6 g/t. The platinum:palladium ratio is 1:0.89 which is in line with eastern limb ratios. In addition, the same borehole intersected the upper chromitite group, including the UG-3A and UG-3 chromitite layers. The anticipated intersection of the UG-2 chromitite layer, some 340-350 metres below the Merensky reef, intersected a pothole with no chromitite or associated PGE mineralisation. In determining the target resource, Venmyn Rand has provided for such intersections by applying a 24% geological loss. The drill is currently being moved to the next drill location.



Borehole number two ("BH02")

BH02 has intersected the Merensky reef at 1 543 metres below datum, but drilling has not, as yet, cleared the reef horizon. Progress on this borehole has been slower than anticipated.
21 Jul 2010 17:42:01
(Official Notice)
The board of directors of Absolute Holdings ("the company") confirm that all the conditions precedent have been met for the successful conclusion of the Bauba transaction, whereby the company will acquire an effective 60% direct and indirect participation in the Bauba project. Further to the previous announcements released on SENS and published in the press, shareholders are advised that the required minimum capital raising closed on Tuesday, 20 July 2010. Irrevocable undertakings with a gross proceeds value of R24 815 590 have been received and accordingly 8 005 029 new shares at R3.10 will be issued within the shareholders' authority and existing authorised share capital of the company.



The special resolutions approved at the general meeting of shareholders on 7 June 2010, which include, inter alia, the change of the company's name to Bauba Platinum Ltd and an increase in authorised share capital, will now be lodged for registration with CIPRO. New salient dates will be announced as soon as confirmation thereof has been received. The following new board appointments will take place once all the necessary resolutions are registered and the new shares for the Bauba acquisition have been issued:

*Mr JG Best - Independent Non-executive Chairman

*Mr PC Pienaar - Chief Executive Officer.

*Dr NM Phosa - Non-Executive Director.

*Mr KV Dicks - Independent Non-Executive Director.

*Mr SM Dolamo - Independent Non-Executive Director.

01 Jul 2010 14:17:42
(Official Notice)
Pursuant to the extension of the conditions precedent as announced on 1 July 2010, shareholders are advised that the new salient dates will be announced in due course.
01 Jul 2010 08:46:14
(Official Notice)
Shareholders are advised that the conditions precedent in respect of the capital raising and board approvals of the vendors which was announced on SENS on 17 May 2010 and in the press on 18 May 2010, will be extended to 16 July 2010 and 20 July 2010 respectively.
07 Jun 2010 12:49:02
(Official Notice)
The company announced that at the general meeting of shareholders of Absolute held on Monday, 07 June 2010 at number 3 Anerley Road, Parktown, all the ordinary and special resolutions presented in the notice of general meeting were passed by the requisite majority of shareholders. The special resolutions will be lodged with the registrar of companies for registration in due course. Due to the extension of the conditions precedent as announced via SENS on 04 June 2010, shareholders are advised that ordinary resolutions numbers four to eight and special resolution number three will only be implemented once all remaining conditions precedent have been fulfilled, these being the minimum capital raising of R15 million and the approval by the boards of the vendors that the transaction may proceed.
25 May 2010 15:27:21
(Official Notice)
The directors of Absolute requested that Venmyn Rand (Pty) Ltd ("Venmyn") prepare an independent report on the Lekkersing quartzite mine and processing facility ("Lekkersing mine"). Venmyn used two methods to determine the mineral asset valuation of the Lekkersing mine. These included the cash flow approach, which relies on the "value in use" principle that requires determination of the present value of future cash flows over the useful life of the mineral asset. The historical cost approach was used in order to ensure a comparative method. However, it should be noted that the mine is presently in a state of care and- maintenance and the company does not anticipate it being brought back into production until world markets recover, and in particular the European market, which has been an important market for the quartzite product. The cash flow assumptions are important because they demonstrate that there are "reasonable and realistic prospects for eventual economic extraction".



Finding directly comparable market related transactions was not possible because of the unique characteristics of the Lekkersing quartzite deposit. Venmyn utilised the historical cost approach as a comparison. Previously due to labour constraints within the Lekkersing area, Venmyn revised Absolute's projected maximum annual mine production to half of the projected mine production levels. This was done in consultation with Mr Marinus Hesselink, an industry specialist with more than 30 years experience and familiar with the Lekkersing operations. However, the mine is presently on care-and-maintenance. The historical cost, as presented by Absolute was R17.564 million as an acquisition cost and R9.493 million as development costs, giving a total of R27.057 million. Given that the mine has since been placed on care-and maintenance only 70% of that value is considered as the current value at R18.94 million. Using a cash flow approach, Venmyn had previously calculated a fair value for the Lekkersing Mine of R90.3 million using a real discount rate of 15% and a production rate of two times at the proposed mine rate (base case) in December 2009.
25 May 2010 08:47:02
(Official Notice)
On 6 April 2010, Bauba announced that drilling had commenced on boreholes No. 2 and No. 4 that are located on its Southern Cluster of properties. The Company is pleased to update shareholders that the Merensky reef has been successfully intersected on borehole No. 4 at a depth of 1 451.29m below datum. The extracted core will be analysed over the course of the next month to confirm its platinum group metals ("PGM") content. An early assessment of the drill results are in line with the company's expectations and confirm the predicted geological modelling to date. Further announcements in respect of the intersections from deflection holes pertaining to borehole No. 4, will be released before the end of June 2010.



These drill holes were sited, based on expected dip and depth, in consultation with Mr. Stephen Gain (Pr.SciNat, Msc), a geologist with an extensive knowledge of the Eastern Bushveld Complex. Bauba holds prospecting rights over eight farms, which are prospective for platinum mineralisation in the Eastern Bushveld Igneous Complex, encompassing an area of approximately 50km in length and 6km in width, collectively the Bauba Project. The farms cover the known down-dip extent of several current development projects and operating mines on the Eastern limb of the Bushveld Igneous Complex. For further information please contact Pine Pienaar (083 297 5886), Mark Rosslee (083 308 8000) or Dennis Tucker (082 492 4957).

18 May 2010 08:47:22
(Official Notice)
Pursuant to the SENS announcements released on 15 February 2010 and 17 May 2010, detailing the proposed acquisition by Absolute of an effective 60% controlling interest in Bauba A Hlabirwa Mining Investments (Pty) Ltd ("Bauba"), which will transform the company into a junior miner and explorer with its main focus on the development of a potentially large platinum resource base, there will be a change in control, together with a restructuring of the board of directors. Accordingly, Absolute (to be renamed Bauba Platinum post the transaction) is pleased to announce the new directors of its reconstituted board:

*Jonathan Best (#) (Chairman) -- ex-CFO of AngloGold Ashanti

*Pine Pienaar (CEO) -- ex-CEO of Mvelaphanda Resources

*Mark Rosslee (Financial Director) - ex-CFO of Braemore Resources

*Kenneth Dicks (#) -- non-executive director of Harmony Gold and Gold One International

*Sholto Dolamo (#) -- former head of Lonmin Platinum's research and development team for the precious metals refinery

*Dr Mathews Phosa -- non-executive director

(#) independent non-executive director

The appointments are subject to the approval of shareholders at the company's general meeting to be held on 7 June 2010.
17 May 2010 09:16:44
(Official Notice)
06 Apr 2010 17:22:45
(Official Notice)
The purchase consideration payable by Absolute for the 17 996 shares acquired is R71 984-00. The number of shareholders was reduced by 907 representing approximately 0.36% of the total number of shareholders registered in the register at the opening of the odd-lot offer.
06 Apr 2010 14:19:23
(Official Notice)
Further to the company's cautionary announcement dated 15 February 2010 and relating to the acquisition by Absolute of an effective 60% direct and indirect participation in Bauba, the company announced that: a detailed investigative exploration programme has been designed that will be initiated by diamond drilling, geological and geophysical mapping, and sophisticated interpretation of the areas of interest, and Bauba's contract drilling company Discovery Drilling contractors are commencing the drilling of borehole #2 and #4.



Shareholders are reminded to continue to exercise caution in dealing in their securities until a further announcement is made in relation to the achievement of the conditions precedent set out in paragraph 5 of the cautionary announcement of 15 February 2010.
01 Apr 2010 12:08:50
(Official Notice)
Further to the cautionary announcement dated 15 February 2010, shareholders are advised that negotiations with Bauba are progressing well and a final terms announcement including financial effects is expected to be published in due course. Accordingly, shareholders are advised to continue exercising caution when dealing in the company's securities until a full announcement is made.
19-Mar-2010
(Permanent)
Absolute performed a 1:100 share consolidation, effective from 19 March 2010. All historical share prices and per share statistics have been adjusted.
08 Mar 2010 12:48:06
(C)
Revenue declined to R0.6 million (R1 million), but the loss from operations narrowed to R2.4 million (loss of R5.9 million). The net attributable loss for the period improved to R2.9 million (loss of R8.2 million). In addition, headline loss per share was lower, at 0.19cps (loss of 0.71cps).



Transfer to main board

The company is in the process of motivating to the JSE Ltd a move from the Development Capital Market to the Main Board and details will be published shortly.



Change of name

To mark the beginning of a new era for Absolute's entrance into the platinum industry, Absolute will undergo a rebranding exercise which will include a change of the company's name post the conclusion of the Bauba agreement.



Prospects

The subsequent commencement of mining operations is expected to return the company to profitability and enhance the prospects of the group going forward. The Qinisele Resources acquisition has resulted in the further expansion of the company's mining operations. The limsestone and coal exploration properties lend themselves to further growth as the resources markets return to normality.
17 Feb 2010 18:00:04
(Official Notice)
Shareholders are advised that at the general meeting of the company held on Wednesday, 17 February 2010 at Number 3 Anerley Road, Parktown, all the ordinary and special resolutions presented in the notice of general meeting were unanimously passed by the shareholders. The special resolutions will be submitted to CIPRO for registration in due course. Salient dates will be confirmed in due course following the registration of the special resolutions at CIPRO.
15 Feb 2010 08:11:25
(Official Notice)
29 Jan 2010 11:15:18
(Official Notice)
Further to the announcement on the proposed share consolidation, shareholders were advised that subject to the approval of the share consolidation by shareholders, trading in shares under the new consolidated share capital under the new ISIN Code: ZAE000144267 will commence on Friday, 19 March.
28 Jan 2010 17:00:07
(Official Notice)
28 Jan 2010 11:02:07
(Official Notice)
Shareholders are advised that at the annual general meeting of the company held on Wednesday, 27 January 2010 at Number 3 Anerley Road, Parktown, all the ordinary resolutions presented in the notice of annual general meeting were passed by the requisite majority of shareholders.
31 Dec 2009 10:54:47
(Official Notice)
The annual report will be posted to shareholders in early January 2010. Shareholders are reminded that the date of the AGM is Wednesday, 27 January 2010. The meeting will be held at 10h00 at the registered office of the company at Arcay House II, Number_ 3 Anerley Road, Parktown, Johannesburg.
04 Dec 2009 16:43:36
(Official Notice)
Shareholders are advised that the change in the date of the AGM of Absolute was published in the press on 6 November 2009.
03 Dec 2009 12:04:19
(Official Notice)
Pursuant to the announcement to shareholders published on SENS on 10 November 2009, shareholders are advised that the date of the AGM of Absolute has been moved from 10 December 2009 to 27 January 2010. The meeting will be held at 10h00 at the registered office of the company at Arcay House II, Number_ 3 Anerley Road, Parktown, Johannesburg.
10 Nov 2009 16:25:50
(Official Notice)
Shareholders are advised that the date of the AGM of Absolute as published on SENS on 1 October 2009 will move from 18 November 2009 to 10 December 2009.



The meeting will be held at 10h00 at the registered office of the company at Arcay House II, Number_ 3 Anerley Road, Parktown, Johannesburg.
06 Nov 2009 16:55:55
(Official Notice)
Further to the cautionary announcements dated 16 July 2009, 28 August 2009 and 1 October 2009 respectively shareholders are advised that negotiations with Strategic Natural Resources plc (AIM : SNR) have been terminated due to the parties not being able to reach consensus on fundamental terms and conditions relating to the transaction. Caution is no longer required to be exercised by shareholders when dealing in the company's securities.

08 Oct 2009 09:22:18
(Media Comment)
The Financial Mail reported that Absolute is looking to break even when its next set of annual results for June 2010 is published. This comes a year after the company has switched its focus to mining. CEO Mark Rosslee says there are good prospects for Absolute's coal and quartzite interests. Rosslee added that there has also been a lot of overseas interest.
05 Oct 2009 15:46:21
(Official Notice)
Shareholders are referred to the reviewed results announcement published on SENS on 30 September 2009 and are hereby advised that the company's auditors are TAG Incorporated.
01 Oct 2009 10:35:05
(C)
The group has effectively completed its transition to a mining company as the tile retail operations have been disposed effective February 2009. The results for the year ended June 2008 has been restated.



Absolute reported revenue of R956 000, with a headline loss of R8.47 million. No dividends were paid or declared during the accounting period under review.



Prospects

The rights offer and subsequent commencement of mining operations are expected to return the company to profitability and enhance the prospects of the group going forward. The Qinisele acquisition resulted in the further expansion of the company's mining operations and precedes further acquisitions of mineral assets.
28 Aug 2009 10:26:23
(Official Notice)
The company has successfully placed 189 135 135 ordinary shares, equating to 13.47 per cent of the company's issued share capital, thereby raising approximately R7 million. The placed shares will be listed on the JSE with effect from the commencement of business on or about 1 September 2009 and will rank pari passu with the existing ordinary shares of the company. Absolute placed these shares with institutional shareholders, all of whom qualify as "public" shareholders within the meaning of paragraphs 4.25 and 4.26 of the JSE listings requirements. In terms of the private placing, the placed shares were issued at a price of R0.037 per ordinary shares, which equates to a 9.62% discount to the 30 day volume weighted average price of Absolute?s shares on the JSE as at 11 August 2009.



The company will apply the proceeds to funding exploration and resource definition on its new coal project at Sasolburg and the limestone projects in the Eastern and Western Cape.



Renewal of cautionary announcement

Further to the cautionary announcement dated 16 July 2009, shareholders are advised that negotiations with Strategic Natural Resources plc are still in progress which, if successfully concluded, may have a material effect on the price of the company's securities. Shareholders are advised to continue exercising caution when dealing in the company's securities until a full announcement is made.
29 Jul 2009 14:10:55
(Official Notice)
Absolute announced that African Wilddogs Resources (Pty) Ltd and Mafatiki Mining Resources (Pty) Ltd ("the Dikopane shareholders") have accepted a binding offer by Absolute to purchase 49% of the issued share capital in and 49% of the shareholders claims against Dikopane. Dikopane has been granted a prospecting right over various farms located in the northern part of the Free State Province, approximately 26km south-southeast of Sasolburg and 28km north of Heilbron.



This prospecting right has been secured over 14 500 hectares in the Vereeniging - Sasolburg coalfields. The acquisition of the shareholding in Dikopane presents Absolute with an opportunity to develop a prospective coal exploration project in line with the company's stated strategy.



Salient terms of the acquisition

In terms of the accepted offer to purchase, Absolute shall:

*pay to the Dikopane shareholders an initial amount of R1 million, to be settled in equal proportions in cash and via the issue of 8 333 333 new ordinary shares at 6 cents per share in Absolute;

*evaluate the feasibility of developing and mining the exploration assets by funding and completing a bankable feasibility study ("the BFS"); and

*on conclusion of the BFS, have an option to purchase a further 11% of the issued share capital of and claims against Dikopane via the issue of new ordinary shares in Absolute.



The Dikopane acquisition is subject to the normal terms and conditions applicable to a transaction of the nature contemplated.
16 Jul 2009 16:38:47
(Official Notice)
Absolute shareholders are advised that the company has entered into negotiations with Strategic Natural Resources plc (AIM: SNR), which if successfully concluded, may have an effect on the price at which the company's securities trade on the JSE Ltd. The negotiations may or may not lead to an offer being made for Absolute Holdings Limited. Accordingly, Absolute shareholders are advised to exercise caution when dealing in their Absolute shares until a further announcement is made.
06 Apr 2009 12:43:11
(Official Notice)
Shareholders are advised that the company was successful in its application for Absolute's re-classification to the General Mining Sector. Such re-classification is in line with the main business of the company. With effect from 22 June 2009 Absolute will be classified under General Mining - the definition thereof being "companies engaged in the exploration, extraction or refining of minerals not defined elsewhere in the mining sector".
31 Mar 2009 18:06:53
(C)
The group has effectively completed its transition to a mining company as the tile retail operations have now been sold effective 1 March 2008. Revenue from some mining sales have contributed to the first new revenue streams as these replace those from the retail operations. Operating expenses have been incurred mainly on corporate activities and head office costs. The group reported a headline loss per share of 0.32c.



Dividend

No dividends were paid or declared during the accounting period under review and none are recommended at this stage.



Prospects

The rights offer and subsequent commencement of mining operations are expected to return the company to profitability and enhance the prospects of the group going forward. The Qinisele Resources acquisition resulted in the further expansion of the company's mining operations and precedes further acquisitions of mineral assets. The company is in the process of motivating to the JSE Ltd for a change in sector, from "Retail" to "General Mining", the details of which will be published shortly.
31 Mar 2009 16:33:42
(Official Notice)
The board of directors is pleased to announce that, at the general meeting held on Tuesday, 31 March 2009, all the ordinary resolutions required to implement the Absolute Holdings Share Incentive Trust were passed by the requisite majority of shareholders.
17 Mar 2009 10:04:22
(Official Notice)
Notice is hereby given that a general meeting of shareholders of the company will be held at 10h00 on Tuesday, 31 March 2009, at Arcay House II, Number_ 3 Anerley Road, Parktown, Johannesburg to consider if deemed fit, to pass, with or without modifications the adoption of the Absolute Holdings Share Incentive Trust and related resolutions.
11 Feb 2009 13:44:50
(Official Notice)
In line with Absolute's stated strategy of transforming itself into a resources exploration and development company, shareholders are advised that the company has, in terms of a Memorandum of Agreement dated 5 February 2009, accepted an offer by Christopher John Crossman (on behalf of a company to be formed) to purchase 100% of the issued share capital in and claims against Absolute Tiles, a wholly owned subsidiary of the company, with effect from 1 March 2009, for an aggregate purchase consideration of R500 000 ("the disposal").



Absolute Tiles supplies tiles to the property development industry and has two retail outlets in Fourways and Pretoria. The disposal will further assists in cleaning up the company's investments on the balance sheet and is in line with the company's strategic direction of establishing itself as a junior mining company. Despite the current volatile economic conditions, Absolute will continue to evaluate various exciting investment opportunities and remain committed to laying the foundations for the company to be a growth platform for selected exploration and development projects.
11 Dec 2008 12:55:43
(Official Notice)
All ordinary resolutions and the special resolution to increase the authorised share capital as proposed at the Annual General Meeting held on Wednesday 10 December 2008 were passed by the requisite majority of shareholders. The special resolution will be lodged with the Registrar of Companies for registration in due course. Shareholders are advised that there was a misprint in the special resolution set out in the annual financial statements and that the resolution relating to the increase in authorised share capital should have read as set out below: "Resolved that, the authorised share capital of the company comprising R15 000 000 divided into 1 500 000 000 ordinary shares with a par value of R0.01 per share be and hereby is increased by R10 000 000 to R25 000 000 by the creation of an additional 1 000 000 000 ordinary shares with a par value of R0.01 per share each in the share capital of the company which additional ordinary shares shall in all respects rank pari passu with the existing ordinary shares in the capital of the company, be and is hereby approved.
01 Dec 2008 14:59:00
(Official Notice)
Further to the announcement published on SENS on 14 October 2008 detailing, inter alia, the reviewed results for the year ended 30 June 2008, shareholders are advised that the aforementioned results have been audited and contain minor amendments to the reviewed results previously published.



Notice of annual general meeting

Shareholders are further advised that the annual general meeting venue and time have changed. It will be held on Wednesday, 10 December 2008 at 11h30 in the Arcay House II, Number_ 3 Anerley Road, Parktown, Johannesburg.
30 Oct 2008 14:50:45
(Official Notice)
Shareholders are referred to the cautionary announcements dated 22 August 2008 and 6 September 2008 respectively, and are advised that caution is no longer required to be exercised by shareholders when dealing in the company's securities.
14 Oct 2008 17:34:13
(C)
The net loss for the year widened disastrously to R7.9 million (loss of R6 million) and the headline loss per share grew to 1.07cps (0.77cps).



Dividend

No dividend was declared.



Prospects

As the company focuses its attention to develop the existing mining opportunities and evaluate potential acquisitions, the company is currently under cautionary and it should be in a more equitable and cash generative position this time next year. With the planned acquisition of Qinisele and rights offer the company will be suitably placed to enhance the return to all shareholders. However with the current turmoil in global equity and debt markets, the achievement of these objectives is subject to a return to normality of these markets in the upcoming financial year.



Renewal of cautionary

Shareholders are advised that the company is still in negotiations which, if successfully concluded, may have a material impact on the price at which the company's securities trade. Accordingly, shareholders are advised to continue to exercise caution when dealing in the company's securities.
13 Oct 2008 13:55:38
(Official Notice)
The directors of Absolute are pleased to announce the results of the rights offer of 214 008 081 ordinary shares in Absolute at an issue price of 6cps:

*Shareholders in Absolute, their renouncees and transferees subscribed for 61 835 774 ordinary Absolute shares, equivalent to 28.89% of the total number of shares offered in terms of the rights offer;

*Excess applications for 152 172 307

Absolute ordinary shares applied for under the rights offer were allocated to Absolute shareholders, their renouncees and transferees in full. Accordingly, 100% of the rights offer shares have been subscribed for and no shares have been taken up by the underwriter. Dematerialised shareholders' accounts have been credited with their share elections by their Central Securities Depository Participants or brokers. Certificated shareholder's new share certificates as per their election shall be posted on or about Tuesday, 14 October 2008.
06 Oct 2008 11:13:27
(Official Notice)
Shareholders are referred to the cautionary announcement dated 22 August 2008, in which shareholders were advised that Absolute has entered into negotiations, which if successfully concluded may have a material effect on the price of the company's securities. Accordingly shareholders are advised to exercise caution when dealing in the company`s securities until a full announcement is made.
05 Sep 2008 16:57:59
(Official Notice)
Shareholders are referred to the announcement which was released on SENS on 29 August 2008 detailing inter alia the salient dates relating to the rights offer by Absolute and are hereby advised that the required documentation has been registered at the Registrar of Companies on 04 September 2008.
01 Sep 2008 12:47:47
(Official Notice)
The board of directors are pleased to announce the appointment of Mark William Rosslee as the CEO of the company and as an executive director to the board, with effect from 1 September 2008. Mark is a Chartered Accountant with some 18 years experience in the mining industry. Mark has a CA(SA), with a Certificate in Mining Tax and holds a Graduate Diploma in Mining Engineering. He previously held the position of CFO and Director of Central African Gold, having held similar positions with Metallon Gold, Southern Era Diamonds and Southern Platinum Ltd. He has gained extensive experience in the mining industry with the De Beers group at both a corporate and operational level over a period of 12 years. Until recently he was CFO of Braemore Resources Plc reporting to the board.
01 Sep 2008 09:05:57
(Official Notice)
The board of directors announced the appointment of Mark William Rosslee as the Chief Executive Officer of the company and as an executive director to the board, with effect from 1 September 2008.
29 Aug 2008 08:56:39
(Official Notice)
Absolute is proceeding with the rights offer in order to raise approximately R12 840 485 by offering for subscription 214 008 081 Absolute shares to Absolute shareholders or their renouncees at 6 cents per rights offer share in the ratio of 1 rights offer share for every 4.00160 Absolute shares held on the record date for the rights offer, being Friday, 19 September 2008. A circular providing full details of the rights offer and incorporating the letter of allocation in respect of certificated shareholders will be posted to shareholders on or about 22 September 2008.
22 Aug 2008 11:26:08
(Official Notice)
Shareholders are advised that the company has entered into negotiations, which, if successfully concluded, may have an effect on the price at which the company's securities trade on the JSE Ltd. Shareholders are accordingly advised to exercise caution when dealing in the company's securities until a full announcement is made.
30 Jun 2008 18:06:25
(Official Notice)
29 May 2008 17:16:06
(Official Notice)
Shareholders are advised that the company has entered into negotiations, which if successfully concluded may have a material effect on the price of the company?s securities. Accordingly shareholders are advised to exercise caution when dealing in the company?s securities until a full announcement is made.
02 Apr 2008 13:42:14
(C)
The group has effectively completed its transition to a mining company as the tile retail operation scales down relative to the mining activity. Revenue from the retail sites was below expectation as a result of delays in finalising the new supply agreement. Further expenses have been incurred in the streamlining of the retail division prior to its disposal, which should be completed before the end of the year. The loss for the year (R3.24 million) can be attributed to the retail division, mining expenditure, final expenses incurred in the disposal of the property known as Stand 315 and other head office costs. Headline loss per share increased by 72% to 0.43c (0.25c). No dividends were paid or declared during the accounting period under review.
12 Apr 2006 09:34:29
(C)
Revenue decreased to R15.5m (R18.1m). Profit from operations was R0.3m (R3.56m) and a loss was incurred for the period amounting to R0.16m (profit R2.9m). Headline loss per share improved to 0.02c from 0.09c.



Profit from the retail operations improved over the prior period, despite revenue declining due to pricing of tile products, which are mostly imported, being linked to the landed cost. Volumes and gross margins were steady over the comparative period. Tighter fiscal controls and the results of the rationalisation exercise concluded last year have contributed to the improved comparative headline earnings result and changed the retail operations from an operating loss to an operating profit. If the effects of the once-off reversal of the guarantee provision in the prior period are removed, the improvement in operational performance of the group can be seen, moving from a loss of R289 000 to a profit from operations of R302 000 for the period ended December 2005.



Subsequent events

Subsequent to the period end, the company has accepted an offer for the disposal of Stand 315, the property held in Pretoria, for an amount of R4.2m. The offer is subject to certain conditions, including the approval of financing and the application for the subdivision of the property, which application has already been submitted. A deposit of R150 000 has been received in trust. Subsequent to the period end, The Absolute Coleccion (Pty) Ltd, a 100% held subsidiary and the holding company of Lubtalk Investments (Pty) Ltd, the diamond quartzite mining company, disposed of 10% of its shares and claims in Lubtalk Investments (Pty) Ltd to Richtersveld Ontwikkeling Maatskappy Beperk, a company representing over 2,700 residents of the Richtersveld Community in Namaqualand, for an amount of R90 169.47. The transaction results in the total BEE shareholding of Lubtalk Investments exceeding 26%, as required by the Mineral and Petroleum Resources Development Act.
30 Mar 2006 17:15:15
(Official Notice)
Shareholders are advised that the company expects to report an improvement in headline loss per share of between 60 to 80% and a decrease in earnings per share of between 100 to 120% for the period ended 31 December 2005, compared with earnings per share of 0.47 cents and headline loss per share of (0.09) for the previous comparable period. The decline in earnings per share is attributable to a once-off write-back of a provision for a guarantee included in the prior year results, which enhanced the earnings per share in the prior year but was excluded from the headline earnings per share calculation.
25 Nov 2005 09:07:57
(Official Notice)
All the resolutions proposed at the annual general meeting held on Thursday, 24 November 2005, were approved.
28 Oct 2005 17:40:24
(Official Notice)
The company has entered into a separation agreement with its managing director, Mr Andre Janse van Vuuren. The agreement is effective as from 28 October 2005.

03 Oct 2005 10:23:14
(Official Notice)
Shareholders are referred to the audited results announcement for the year ended 30 June 2005, as released on SENS on Friday afternoon, 30 September 2005, and are advised that such release was made prematurely. The results are hereby withdrawn and the results, including corrected audited comparative information, are separately released.
30 Sep 2005 17:18:18
(C)
A strong focus on the retail operations together with the establishment of a new outlet in Knysna resulted in a dramatic growth in retail sales. Although retail revenues rose to R32.3m (R18.1m) the group's operating expenses amounted to R33.6m (R18.1m) and decreased the group's net profit to R1.5m (R2.9m). Headline losses of 0.28cps (0.09cps loss) was declared.


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