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and 4. Over the years
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airjordan576
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Post and 4. Over the years
5, investment advice: the next six months, to maintain \get great benefits. We are optimistic about its long-term investment value.
2, long-term investment has been extracted impairment, had no effect on performance. As Datong gold resources have been exhausted in 2007, and has been discontinued, the company has extracted the required impairment of long-term investment, the company's original long-term investment in gold Datong 432 million,[link widoczny dla zalogowanych], is Harmony Gold's long-term investment of the net to 0. Therefore, the transfer of current production and management company will not have a negative impact.
events: Gold Co., Ltd today announced the Company intends to hold gold mining in Shanxi Province, Datong Co.,[link widoczny dla zalogowanych], Ltd. (hereinafter referred to as \>
Comments: 1, mining and ore depletion of uncertainty lead to the sale of mining assets. Harmony Gold acquired the company in 2001, a mining enterprise, which has a prospecting and mining rights, and 4. Over the years, Harmony Gold while access to a certain amount of gold reserves, but the geological exploration has been no major breakthrough. due to resource depletion,[link widoczny dla zalogowanych], unsustainable management, common ground of gold has been in 30 September 2007 production. the company has repeatedly invited the famous geological experts on the law and common ground gold ore prospecting area to demonstrate, but most experts believe that a greater degree of mine erosion,[link widoczny dla zalogowanych], although some small ore bodies can be found, but the exploration of uncertainty and re-enter the exploration risks and development costs. So the above reasons, Harmony Gold Mining Company intends to sell 40% limited liability company interest. The sale price is 1.75 times assessed by the net asset pricing.
gold gold (600 489): the sale exhausted mines, had no effect on earnings [Guoxin Securities] [cautious recommendation]
the company plans to reduce the cost of response to the current industry downturn of the ratio in response to market conditions, the company plans reduce costs in order to save costs. shifted the focus of competition in the industry, the cost of the circumstances, the company's low-cost advantage of becoming the biggest bright spot. The background of the company's large state-owned enterprises will also help the industry survive the winter, and further development.
3, maintain the company \The global financial crisis and economic recession brought about by the increased demand for hedging hedging,[link widoczny dla zalogowanych], gold prices will remain at high level. Currently,[link widoczny dla zalogowanych], the game going gold and the dollar, we can not determine the future trend of U.S. dollar, but if the dollar starts to fall back trend, gold prices rose dramatically on a larger probability. We believe that the potential reserves of the company's future, according to \large gold Yangshan gold mine. but mine will be injected at the same time brings on the mineral gold production increased. We maintain our corporate 08,09 1.31 yuan and 1.23 yuan in profit forecasts,[link widoczny dla zalogowanych], and maintaining theacquisition of 28% Rainbow Wave stake in wind power. The company is a supplier of wind power equipment parts and components, according to planning the overall project in June 2007 into the infrastructure stage, to the full completion of project construction in 2009 and achieve full load operation,[link widoczny dla zalogowanych], which The first tower of the wind power project was completed in February this year, and the trial production, the overall project after the full production capacity can reach 400 sets / year.
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