South African gold producers from the Australian Stock Exchange delisting want Hong Kong market nugg

The South African gold producers delisted from the ASX to the Hong Kong stock market "Nuggets" Sina App: Live on-line blogger to guide Sina Hong Kong APP: real time market exclusive reference stocks also worth the investment? What’s the problem? Where is the future of the way out? Sina launched the "Hong Kong Hong Kong stocks as well as unattractive" discussion, with a rational and constructive attitude, welcome attention to Hong Kong stocks, concern of the capital market, Hong Kong stocks together for suggestions, seek the Hong Kong stock market tomorrow. Please to hkstock_biz@sina. Recently, smart finance learned from Australia and South Africa South Africa delisting goldproducer first gold (Gold One), and upon the sea to Hong Kong stocks listed on the main board market. It seems that this is the main mining gold mineral company, Hong Kong stocks also saw the gold market. As the main source of income of the company is selling gold, so the main income is affected by the amount of gold, gold mining, and in recent years the gold price fluctuations is not small. So for the first gold, although the company is the essence of the production of gold, but in the end how much money can be brought to the investors, it is really hard to say. Financial volatility significantly affected by the price of gold smart finance learned that since 2013, the average price of gold fell from $$1409.6 an ounce to $1264.3 in 2014 and 2015 the ounce, $1159.7 an ounce and six months ended June 30, 2016 of $1219 an ounce. The South African gold producers delisted from the ASX to the Hong Kong stock market "Nuggets" so the total income of a certain fluctuation: as of 2013, 2014 and December 30, 2015 for the year ended June 30, 2016, and six months, the first gold sales were 103 thousand and 300 ounces, 100 thousand and 200 ounces, 126 thousand and 500 ounces, or 66 thousand and 700 ounces; income from continuing operations was 146 million dollars, $125 million, $148 million and $75 million 325 thousand. Over the same period, its gross margin was 37.4%, 19.6%, 30.3%, 34.1%, net profit of $7 million 400 thousand, $-2770, $77 million 700 thousand and $10 million 900 thousand. A substantial loss of form in 2014, is mainly made by a provision for impairment of the rights and interests of associates and affect the subsequent reversal in 2015. Thus, the global gold market price volatility will seriously affect the profitability of the first gold business. Continuous mining business expansion ability affect the output according to the smart finance understanding, most of the first gold mining operations concentrated in the Modder East Mine, Holfontein mine has been in development, is expected to start in 2021 put into operation. Prior to the launch of the Holfontein project, Modder East is the only operating mine, the mine life of more than 10 years, by 2020, according to the steady state average annual output of about 130 thousand ounces相关的主题文章: