CMO - CHROMETCO LIMITED - Trading Statement

CHROMETCO LIMITED 

(Incorporated in the Republic of South Africa) 

(Registration number 2002/026265/06) 

Share code: CMO 

ISIN: ZAE000070249 

("the Company") 

 

TRADING STATEMENT 

In terms of the JSE Limited Listings Requirements, a listed company is required to publish a trading statement as soon as a reasonable degree of certainty exists that the financial results for the financial period to be reported on next will vary by 20% or more from those of the previous corresponding period. 

 

Shareholders are advised that for the year ended 28 February 2017, basic loss per share and headline loss per share are expected to be between 21.63% and 41.63% lower than that for the year ended 28 February 2016 at between -6.29 and -8.44 cents per share, compared to a basic loss per share and headline loss per share of -10.77 cents per share for the year ended 28 February 2016. 

 

The financial information on which this updated trading statement is based has not been reviewed or reported on by the Company’s auditors. 

 

The Company’s results for the year ended 29 February 2017 are expected to be published on SENS on or about 31 May 2017. 

 

25 May 2017

Designated Advisor PSG Capital