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Thank you Trephena
Hello everyone…so im doing my project for submission in may and my company of focus’ year end is 31 december. so the latest 3 years i’ve been using are 2015, 2016 and 2017. and i have just learned recently that the 2018 results were made available 12 April 2019. Now my question is do i have to use these 2018 results for my analysis and so make it 2016, 2017 and 2018 or should i stick to the former since the release date was pretty recent? Please help im confused and panicking
Ok thank you.very helpful
Okay thank you. Then there is another company Falcon gold which is into gold mining but it seems as if its small in size compared to RioZim i.e. looking at revenues and other operations. Is it still possible to compare the two regardless of size?
For topic 8 i have chosen mining companies, i want my analysis to focus on Hwange colliery a coal mining company. Im now faced with the challenge of deciding on which company to use as my comparator. On the one hand i have Bindura Nickel Corp which mines nickel and has a year end of 31 March while Hwange Colliery has a year end of 31 December. How feasible is it then to make comparisons of the two when they both have different financial year ends?
On the other hand i have RioZim which mines gold, nickel, diamonds and coal. So it does not mine only one mineral. Is it then possible to use it as a comparator regardless of the multiple minerals that it mines? RioZim has a year end of 31 December.
