Update on Rand's Gold Bullion Position as at June 30, 2021. Note...

Update on Rand's Gold Bullion Position as at June 30, 2021. Note over 2,000 oz were sold during the quarter to fund the share buyback. Had these ounces not been sold Rand could have potentially added another 1,000 oz or so which for the time being looks to be their profit margin. 43,376 oz equates to about $107m in cash which is close to $1.90 a share.

Oct 19 2018: 1640 oz (balance reported after the special dividend was paid)
Dec Qtr 2018: 6,840 oz
Mar Qtr 2019: 8,618 oz
June Qtr 2019: 8,530 oz
Sept Qtr 2019: 6,254 oz
Dec Qtr 2019: 5,873 oz
Mar Qtr 2020: 1,761 oz
Jun Qtr 2020: 1,150 oz (my estimate)
Sep Qtr 2020: 2,670 oz (my estimate)
Dec Qtr 2020: - (my estimate)
Mar Qtr 2021: 1,100 oz (my estimate)
Jun Qtr 2021: (1,060 oz) (my estimate)

Total: 43,376 oz (excludes just over 3,000 oz of recoverable stockpile which will continue to be run down)