note 6 - current assets inventories, page 14 - Half Year Accounts - published 16/3/2015
"Gold on hand at 31 December 2014 has a net realisable value of $224,123,963 (30 June 2014: $143,163,563) measured$49,699,858 held by Rand Mining Limited."
at spot rate. Gold in transit had a net realisable value of $1,172,603 (30 June 2014: $7,894,933) measured at spot rate.
Spot rate at 31 December 2014 was $1,541.91 per ounce (30 June 2014: $1,353.87).
The gold held as inventory by the consolidated entity is split $175,596,708 held by Tribune Resources Limited and
Regards
Eshmun
note 6 - current assets inventories, page 14 - Half Year...
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