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SABLE EXPLORATION AND MINING LIMITED - Financial results for the year ended 28 February 2023 short-form announcement

Release Date: 30/05/2023 16:47
Code(s): SXM     PDF:  
Wrap Text
Financial results for the year ended 28 February 2023 
– short-form announcement

SABLE EXPLORATION AND MINING LIMITED
(Incorporated in the Republic of South Africa)
(Registration Number: 2001/006539/06)
JSE share code: SXM ISIN: ZAE000303319
(“SEAM” or “the company” or “the group”)


FINANCIAL RESULTS FOR THE YEAR ENDED 28 FEBRUARY 2023
– SHORT-FORM ANNOUNCEMENT

Financial Highlights

                                28 Feb    % change       28 Feb
                                  2023                     2022
EBITDA (R’000)                  (6,169)      (2.01)      (6,114)
Basic earnings per share       (143,34)      (1.12)     (141,76)
(cents)
Headline earnings per          (143,34)      (1.12)     (141,76)
share (cents)
Net asset value per share      (741.36)     (23,95)      (598,1)
(cents)
Net tangible asset value per   (741.36)     (23,95)      (598,1)
share (cents)


Short-Form Statement

This short-form announcement is the responsibility of the directors. It is only a summary of the
information contained in the full announcement and does not contain full or complete details.

Any investment decision should be based on the full announcement accessible from 30 May 2023,
via the JSE link and also from the CEO at james@sablemetals.co.za
Copies of the full announcement may also be requested by contacting Ms Claire Middlemiss by email
at claire@capgov.co.za and are available for inspection at the Company’s registered office at no
charge, weekdays during office hours or www.sablemetals.co.za.

The JSE link is as follows:

https://senspdf.jse.co.za/documents/2023/jse/isse/sxme/FY2023.pdf

The annual financial statements including the audit opinion of the external auditor, Nexia SAB&T,
which sets out the key audit matters and the basis for its unmodified opinion, is available from either
the CEO at james@sablemetals.co.za or the Company Secretary at claire@capgov.co.za or
www.sablemetals.co.za.

30 May 2023
Johannesburg

Sponsor
Exchange Sponsors

Date: 30-05-2023 04:47:00
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