CHROMETCO LIMITED - Trading Statement

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 hereby advised that:

- the basic loss per share for the six-month period ended 31 August
2017 will be between 13.33 cents and 14.13 cents, or between 231%
and 251% more than the 4.03 cents basic loss per share reported
for the six-month period ended 31 August 2016; and

- the headline loss per share for the six-month period ended 31
August 2017 will be between 1.22 cents and 2.02 cents, or between
50% and 70% less than the 4.03 cents headline loss per share
reported for the six-month period ended 31 August 2016.

- the basic loss per share and the headline loss per share for the
six month period ended 31 August 2016 has been restated due to
applying an incorrect weighted average number of shares for this
comparable interim period.

The net asset value per share of the company has decreased to 37.54
cents from 80.39 cents as at 31 August 2016, a decrease of 53%.

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

The Company’s interim results for the six months ended 31 August
2017 are expected to be published on SENS on or about 27 October
2017.

23 October 2017

Designated Advisor
PSG Capital

Date: 23/10/2017 04:20:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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