MRF
MRF
Merafe Resources Limited - Trading Statement
Merafe Resources Limited
(Formerly South African Chrome and Alloys Limited)
(Incorporated in the Republic of South Africa)
(Registration number 1987/003452/06)
Share Code: MRF & ISIN: ZAE000060000
("Merafe" or "the Company")
Trading Statement
In terms of the JSE Limited Listings Requirements, companies are required to
publish a trading statement as soon as they become reasonably certain that the
financial results for the current reporting period will be more than 20%
different from those of the prior comparative period.
The Company announced on 2 March 2006 that it expected to make a loss for the
six months to 30 June 2006. The net loss after tax for the six month period
ended 30 June 2006 is expected to be between 1.2 cents and 1.4 cents headline
loss per share and loss per share. The comparative headline earnings per share
and earnings per share for the six months to 30 June 2005 were 2.62 cents.
Shareholders are advised that the above information has not been reviewed or
reported on by Merafe"s auditors. The reviewed results for the six months ended
30 June 2006 are expected to be released on SENS on or about 2 August 2006.
Sandton
17 July 2006
Sponsor: ABSA Capital - Corporate Finance
Date: 17/07/2006 03:35:05 PM Produced by the JSE SENS Department
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