Bauba positions itself for future growth

Although it recorded a loss of R600 000 for the six months ended December 31, JSE-listed Bauba Platinum has successfully completed a number of milestones that will provide it with a strong platform to meet its growth ambitions in future. In the six months to December, the company’s operating expenditure increased, but its administrative costs decreased. “During the period under review, we saw our operating expenditure increase owing to the start of chrome mining operations at Moeijelijk, while administrative costs decreased owing to continued efforts to manage costs.