Edison Investment Research - Pan African Resources PLC (PAF) BEEing good

Report

Edison Investment Research

Charles Gibson

BEEing good

Continuing its tradition, Pan African (PAF) has released a trading statement under paragraph 3.4 (b) of the JSE listing requirements stating that its FY16 results will differ by at least 20% cf FY15. In this case, PAF has indicated that headline EPS (HEPS) will be 114-134% higher at 1.37-1.50p and that normalised HEPS (excluding financial instruments) will be 208-228% higher at 2.00-2.13p.

18/08/2016 10 EN

Underlying

Pan African Resources PLC

Pan African Resources is a mid-tier African-focused precious metals producer. Co.'s business activities were conducted through the following business segments: Barberton Mines (including Barberton Tailings Retreatment Plant), located in Barberton, South Africa; Evander Mines (including Evander Mines' Tailings Retreatment Plant), located in Evander, South Africa;Corporate; and Pan African Resources Funding Company Proprietary Limited.

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GB0004300496 London Stock Exchange United Kingdom

Provider

Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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Analysts

Charles Gibson

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BEEing good

Pan African Resources - Honing FY25e forecasts

Pan African Resources - Tennant Creek acquisition

Pan African Resources - Analysing H224 and looking forward to FY25

Manx Financial Group - Termination of coverage

musicMagpie - Termination of coverage

Topps Tiles - Accelerating growth through Q125

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