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Wesizwe Platinum (JSE:WEZ) Construction In Progress : R302.88 Mil (As of Dec. 2023)


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What is Wesizwe Platinum Construction In Progress?

Wesizwe Platinum's quarterly construction in progress increased from Dec. 2022 (R288.28 Mil) to Jun. 2023 (R19,856.63 Mil) but then declined from Jun. 2023 (R19,856.63 Mil) to Dec. 2023 (R302.88 Mil).

Wesizwe Platinum's annual construction in progress increased from Dec. 2021 (R216.85 Mil) to Dec. 2022 (R288.28 Mil) and increased from Dec. 2022 (R288.28 Mil) to Dec. 2023 (R302.88 Mil).

Wesizwe Platinum Construction In Progress Historical Data

The historical data trend for Wesizwe Platinum'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.

* Premium members only.

Wesizwe Platinum Construction In Progress Chart

Wesizwe Platinum Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 125.52 152.89 216.85 288.28 302.88

Wesizwe Platinum Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 216.85 15,776.30 288.28 19,856.63 302.88

Wesizwe Platinum 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.

Wesizwe Platinum (JSE:WEZ) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Wesizwe Platinum Ltd (JSE:WEZ) » Definitions » Construction In Progress
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Traded in Other Exchanges
WSZWF:USA
Address
9 Autumn Road, Wesizwe House, Devcon Park, Rivonia Extension 3, Johannesburg, ZAF, 2128
Website
https://www.wesizwe.co.za
Wesizwe Platinum Ltd is an African company. It's engaged in mining exploration and infrastructure development. The primary focus of the company is the exploration of Platinum group metals and strategic metals from its Bakubung platinum mine project located in Africa. The company does not generate cash flows from operations to fund its activities and therefore relies upon the issuance of securities for financing. The company has not determined yet whether its properties contain mineral reserves that are economically recoverable.

Wesizwe Platinum (JSE:WEZ) Headlines

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