Brief: Kropz Says FY Sales Below Forecast As Mine Production Affected By Recent Unprecedented Seasonal Rains

Kropz

14/09/2023 12:57

Sept 14 (Reuters) - Kropz PLC  KRPZ.L :
    * LOAN FACILITY
    * SALES ARE BELOW FORECAST, DUE TO MINE PRODUCTION HAVING
BEEN
AFFECTED BY RECENT UNPRECEDENTED SEASONAL RAINS
    * KROPZ ELANDSFONTEIN AND ARC FUND AGREED TO A ZAR 250
MILLION
LOAN FACILITY
    * REPLACEMENT LOAN WAS EXPECTED TO BE IN PLACE IN Q3 OF 2023
    * IN TALKS WITH BNP TO EXTEND ITS WAIVER PERIOD IN LINE WITH
THIS
TIMETABLE

Source text for Eikon:  ID:nRSN4858Ma 
Further company coverage:  KRPZ.L 

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