Oakbay Resources and Energy (JSE:46926) Construction In Progress : R0.0 Mil (As of Feb. 2017)

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What is Oakbay Resources and Energy Construction In Progress?

Oakbay Resources and Energy's quarterly construction in progress declined from Feb. 2016 (R2,399.0 Mil) to Aug. 2016 (R0.0 Mil) but then stayed the same from Aug. 2016 (R0.0 Mil) to Feb. 2017 (R0.0 Mil).

Oakbay Resources and Energy's annual construction in progress increased from Feb. 2015 (R2,306.0 Mil) to Feb. 2016 (R2,399.0 Mil) but then declined from Feb. 2016 (R2,399.0 Mil) to Feb. 2017 (R0.0 Mil).

Oakbay Resources and Energy Construction In Progress Historical Data

The historical data trend for Oakbay Resources and Energy's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Oakbay Resources and Energy Construction In Progress Chart

Oakbay Resources and Energy Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Construction In Progress

2,305.95

2,399.05

Oakbay Resources and Energy Semi-Annual Data
	Feb14	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17
Construction In Progress	Get a 7-Day Free Trial			2,305.95	-	2,399.05	-	-

Oakbay Resources and Energy Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Oakbay Resources and Energy (JSE:46926) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Oakbay Resources and Energy Ltd (JSE:46926) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.oakbay.co.za

Oakbay Resources and Energy Ltd mines for energy resources with a focus on uranium development and coal production. The company's Shiva Uranium project inferred uranium resources more than 190 million pounds and indicated and inferred gold resources more than 5 million ounces. It mines for gold deposits as a by-product and offers outsourced contracting to the mining industry. The company's segments consist of Gold Operations, Uranium Development, Central Services and Contract Mining. The majority of its revenues are derived from mining and sale of gold in the Republic of South Africa.

Oakbay Resources and Energy (JSE:46926) Headlines

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