MIDDLE EAST DIAMOND RESOURCES LIMITED - Results for the years 29 February 2020, 28 February 2019, 28 February 2018, 28 February 2017 short form announcement

Results for the years 29 February 2020, 28 February 2019, 28 February 2018, 28 February 2017 short form announcement

MIDDLE EAST DIAMOND RESOURCES LIMITED
(Incorporated in the Republic of South Africa)
(Registration Number: 2001/006539/06)
JSE share code: MED ISIN: ZAE000211876
(“MEDR” or “the company” or “the group”)


FINANCIAL RESULTS FOR THE YEARS ENDED 29 FEBRUARY 2020, 28 FEBRUARY 2019,
28 FEBRUARY 2018, 28 FEBRUARY 2017 – SHORT-FORM ANNOUNCEMENT

Financial Highlights


                                         29 Feb        28 Feb        28 Feb        28 Feb     29 Feb
                                           2020          2019          2018          2017       2016
                                                                                             restated
Revenue                                        -             -     1,318,694             -          -
EBITDA                               (2 473 494)   (1 999 614)   (2 763 811)   (7 999 298)     1 797
                                                                                                  142
Basic (loss)/earnings per share           (0.60)        (0.49)        (0.66)        (1.86)       0.13
(cents)
Headline loss per share (cents)           (0.60)        (0.49)        (0.66)        (1.54)     (6.07)
Net asset value per share (cents)         (3.80)        (3.20)        (2.71)        (2.05)     (0.19)
Net tangible asset value per share        (3.80)        (3.20)        (2.71)        (2.05)     (0.19)
(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 1 December
2020 on the Company’s website at:
http://www.medr.co.za/wp-content/uploads/2020/11/FY20-Long-Form-FINAL.pdf

Copies of the full announcement may also be requested by contacting Ms Sirkien van Schalkwyk by
email at sirkien@juba.co.za and are available for inspection at the Company’s registered office at
no charge, weekdays during office hours.

The JSE link is as follows:
https://senspdf.jse.co.za/documents/2020/jse/isse/mede/MEDR20.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 with an emphasis of
matter paragraph, is available on the Company’s website on:
http://www.medr.co.za/wp-content/uploads/2020/11/FY20-17-Annual-Financial-Statements-1.pdf

1 December 2020
Johannesburg

Sponsor
Exchange Sponsors

Date: 01-12-2020 09:54:00
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