Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

PRL GLOBAL LTD Earnings Release 2009

Nov 15, 2009

65611_rns_2009-11-15_da7780f6-ba42-4109-ac81-c19e232119ae.pdf

Earnings Release

Open in viewer

Opens in your device viewer

==> picture [433 x 66] intentionally omitted <==

16 November 2009

Company Announcements Office Australian Securities Exchange

Electronic lodgment

PHOSPHATE RESOURCES PROFIT RESULT

CI Resources Limited (ASX: CII) is pleased to announce that Phosphate Resources Limited (PRL), in which CI Resources holds a 41.74% stake, has announced an preliminary unaudited profit of $7.2 million for the four months to 31 October 2009.

Please see the attached disclosure notice.

For further information, please contact:

Janelle Burns Company Secretary CI Resources Limited +61 8 9485 7222

CI Resources Limited ABN 70 006 788 754

13 Mount Eden Lane, Oakford WA 6121 Telephone: +61 8 9485 7222

Form 1003

Disclosure notice for unlisted disclosing entity

ANNEXURE A

Phosphate Resources Ltd

Results at 31 October 2009

The unaudited profit before tax of the company for the first four months of the 2009/10 financial year ending 31[st] October 2009 was $7,208,242 on total sales of 181,000 tonnes of product.

The unaudited net asset figure of the company as of 31[st] October 2009 was $69,471,960.

The Board considers that this is an excellent result in extremely difficult market conditions characterized by weak and irregular demand for product, intense price competition and a high Australian dollar value.

The Board does not anticipate a return to more stable market conditions before the last quarter of the 2009/10 financial year..

==> picture [234 x 95] intentionally omitted <==

Kevin Edwards Company Secretary 13 November 2009