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Gold/Mining/Energy : RANDGOLD and EXPLORATION (RANGY)

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To: POLARBEAR who wrote (328)3/25/1999 10:56:00 PM
From: Karl de Pina  Read Replies (1) of 448
 
POLARBEAR,

The following table is in response to your question: <<Another big
question would be what is in the current portfolio of rangy...how
many Durban shares etc.>>

This table was included in the Report for the Quarter and Six Months
Ended 30 September 1998. The report is dated October 29, 1998.

MARKET VALUE
UNITS PERCENT 30 SEPT 1998
DESCRIPTION HELD HELD R000'S
---------------------------------------------------------------
Listed Investments
DRD 6,306,041 11.5% 121,391
DRD options 967,126 36.7% 2,224
DRD "B" options 2,826,992 31.6% 5,089
Harmony 9,094 0.0% 252
Harmony options 1,917,727 26.3% 9,589
Randfontein Estates
Limited 1,553,100 2.4% 23,918
Western Areas Limited 150,000 0.1% 2,625
JCI Gold Limited 300,000 0.2% 1,350
Kelgran Limited 4,218,410 4.8% 1,772
BENCO 75,214 51
Randgold Resources
Limited 11,379,944 57.5% 147,336
--------------------------------------------------------------
315,597

Other assets 251,330
Liabilities (327,781)
---------
Total assets 239,146
=========
Shares in issue (fully diluted) 000 41,374
---------
Net asset value per share (cents) 578
=========

I think this is as good as you will get, PB.

All replies welcome, but any personal attacks will be ignored.

Karl de Pina

"Just the facts, Ma'am" - Jack Webb
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