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Dwyka Resources (DWY)

Sector:

Mining

Market Cap

£8.25m

Change Today

Price Unchanged0.000p ()

Share Price

4.38p

SMI-4 outperformance has KimCor shining

Date: Wednesday 11 Jun 2008

LONDON (ShareCast) - KimCor Diamonds sparkled Wednesday after a bullish update on its mining operations in South Africa.

The company said diamond production in May totalled 5,173 carats, versus the previous average monthly production of 1,200 carats.

The SMI-4 project’s production was significantly ahead of expectations, with diamond recovery totalling 12.23 carats per hundred tonnes (cpht) against budgeted expectations of 6 cpht.

The company expects the new equipment that will boost SMI-4 processing rates up to 150,000 tonnes per month will be up and running by the end of July 2008.

Diamond recovery rates at the Newlands and Blaauwbosch mines were in line with expectations.

The company said it remains on schedule to meet its target of annualised diamond production in 2008 of 150,000 carats.

KimCor Diamonds is 48% owned by Dwyka Resources.

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Dwyka Resources Market Data

Currency UK Pounds
Share Price 4.38p  
Closing Price Change 0.000p
52 Week High 42.25
52 Week Low 3.88
Volume 0
Shares Issued 188.58m
Market Cap £8.25m
Beta 0.33
RiskGrade 495

Performance Indicators

Compare performance with the sector and the market.
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Key: vs Market vs Sector
Value
29.81% below the market average29.81% below the market average29.81% below the market average29.81% below the market average29.81% below the market average
53.51% below the sector average53.51% below the sector average53.51% below the sector average53.51% below the sector average53.51% below the sector average
Price Trend
83.85% below the market average83.85% below the market average83.85% below the market average83.85% below the market average83.85% below the market average
54.4% below the sector average54.4% below the sector average54.4% below the sector average54.4% below the sector average54.4% below the sector average
Income Not Available
Growth Not Available
Price Chg 6m
89.32% below the market average89.32% below the market average89.32% below the market average89.32% below the market average89.32% below the market average
55.44% below the sector average55.44% below the sector average55.44% below the sector average55.44% below the sector average55.44% below the sector average
P/E
91.64% below the market average91.64% below the market average91.64% below the market average91.64% below the market average91.64% below the market average
88% below the sector average88% below the sector average88% below the sector average88% below the sector average88% below the sector average
PEG Not Available
Dividend Yield Not Available
EPS Growth Not Available
Operating Margin Not Available

Dwyka Resources Dividends

No dividends found

Trades for --2008

Time Volume / Share Price
0 @ 0.000p

Dwyka Resources Key Personnel

CEO Melissa Sturgess
CFO Mike Langoulant

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