StockMarketWire.com - Keras Resources posts a total comprehensive loss for the 6 months ended 31 March of £750,000 - up from £713,000 a year ago. Keras only commenced mining towards the end of the March 2016 and no revenue has been recorded during the period.

The loss largely recognises Keras's status as a developing company with the majority of expenditure costs expensed during the period.

Finance costs of £416,000 during the period include costs associated with loan note fundraising in February 2016 and £265,000 associated with the recognition of a liability to YA Global in relation to the closure of the YA Global Position.


At 9:58am: [LON:KRS] Keras Plc share price was -0.15p at 0.98p



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