Record Production and Revenue Growth
Produced 39,840 ounces, a 3% improvement from the previous year, marking one of the top three half-year performances. Net revenue reached $47.6 million, a 17% increase from the prior period.
Strong Financial Performance
Group EBITDA increased by 36%, reaching $9 million. Maintained a strong cash position with no debt.
Introduction of New Revenue Stream
Thaba joint venture introduces a diversified revenue stream with chromite production, expected to significantly contribute to future earnings.
Increased Dividend and Share Buybacks
Declared an interim dividend of $0.75 per share and conducted share buybacks worth $1.7 million, returning $3.3 million to shareholders.