BRIEF-Randgold & Exploration Says Outlook Dependent On Progress And Outcome Of Current Legal Matters
Aug 28 (Reuters) - Randgold (LON: RRS ) & Exploration Company Ltd RNGJ.J :
* HY NET LOSS OF R8.4 MILLION FOR PERIOD COMPARED TO A NET LOSS OF R10.8 MILLION FOR CORRESPONDING PERIOD LAST YEAR
* OUTLOOK FOR BALANCE OF YEAR IS LARGELY DEPENDENT ON PROGRESS AND OUTCOME OF CURRENT LEGAL MATTERS
* EXPENDITURE ON LITIGATION FOR BALANCE OF YEAR IS EXPECTED TO BE AT A SIMILAR LEVEL AS IN FIRST HALF
* DECREASE IN HY LOSS WAS MAINLY AS A RESULT OF A DECREASE IN LEGAL AND CONSULTING FEES
* HY HEADLINE LOSS PER SHARE 11.85 CENTS
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