BRIEF-Merafe Resources Sees FY Headline Loss Per Share Of Between 2.3 And 2.9 Cents

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BRIEF-Merafe Resources Sees FY Headline Loss Per Share Of Between 2.3 And 2.9 Cents
Credit: © Reuters.

Feb 17 (Reuters) - Merafe Resources Ltd MRFJ.J :

* JSE: MRF - TRADING STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2019

* MERAFE RESOURCES SEES FY BASIC LOSS PER SHARE OF BETWEEN 52.9 AND 58.3 CENTS, SEES FY HEADLINE LOSS PER SHARE OF BETWEEN 2.3 AND 2.9 CENTS

* MERAFE RESOURCES LTD - EXPECTED SIGNIFICANT DECREASE IN HEPS IN FY IS PRIMARILY DRIVEN BY LOWER FERROCHROME & CHROME ORE PRICES

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