Share Name Share Symbol Market Type Share ISIN Share Description
MC Mining LSE:MCM London Ordinary Share AU000000MCM9 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +4.50p +21.95% 25.00p 24.00p 26.00p 25.00p 22.50p 22.50p 60,063 09:12:17
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 24.8 -73.5 -54.5 - 35.22

MC Mining Share Discussion Threads

Showing 301 to 325 of 325 messages
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DateSubjectAuthorDiscuss
15/11/2018
09:59
The Peel Hunt view: This has come far sooner than we had anticipated and removes the final uncertainty over the project timelines.Gaining access will allow the final geotechnical drilling and other infrastructure related works to begin and also removes the final impediment in its financing discussions with lending groups.
2bozmo
15/11/2018
09:46
Yep.. Brilliant.. V little stock available..
bengal1
15/11/2018
09:37
Remember as well GSP Mining Rights should be confirmed soon; expansion of Uitkomst; Vele potentially start with development of SEZ; still looking for 2nd CGABut this today is fantastic news, project definitely going ahead; off take almost done, project becomes cash generative very quickly, financing project should be straightforward
2bozmo
15/11/2018
09:23
South Africa, in my limited experience, never fails to surprise with new ways to inhibit business. If it's not the government it's the weather...
casual47
15/11/2018
09:21
Yep.. The current market cap doesn't really cover Utikimost value, let alone cash and assets.
bengal1
15/11/2018
09:19
Still a very long way to go for many of us long termers, but as the saying goes, "a long journey starts with the first step" and now I think we may have started that long journey !!
channel pirate
15/11/2018
08:59
Bigger trades not showing...
bengal1
15/11/2018
08:52
Needs a bit more than two trades to make the share price stick between now and the next update but good progress.
casual47
15/11/2018
07:37
Yep, full steam ahead now.. The company has finally resolved this after 2 years of stakeholder and share price bashing. Well done to David Brown and team. Big bounce from this silly level.
bengal1
15/11/2018
07:26
70m is a fair price too. This is great news.
2bozmo
15/11/2018
07:14
Fantastic... Be quick on the Buy button..
bengal1
13/11/2018
20:55
More news on way???
bengal1
07/11/2018
07:10
Excellent news again...
bengal1
30/10/2018
09:43
Yep, there is quite a bit of m&a at moment...
bengal1
30/10/2018
09:41
So many issues/challenges have now been sorted by DB... I suspect a land offer has been made and there is now a strategy in place ie take the offer now or company can,and will wait, for execution of mining right by deploying mitigation strategy, and land owner gets much lesser state compensation.
bengal1
30/10/2018
09:35
Have there been many acquisitions of South African miners recently?
casual47
30/10/2018
09:33
I think we will be taken out v soon...sp multiple fold...
bengal1
30/10/2018
09:33
Add the South Africa factor + the potted history of always "we just need that one other thing there over on the horizon and then for sure it will be BOOM!" and you can see why it is undervalued.
casual47
30/10/2018
09:25
Well undervalued if we take into account value of deposits and existing mines.
mjcferguson
29/10/2018
10:19
Fantastic news.. 5 years in the making... Well done DB.... I am investing in this guy!!! pure genius.
bengal1
02/10/2018
09:52
Unfortunately it's in limbo for the short to medium term as the land access issues drag on at Makhado, with no resolution in site. Revenues from Uitkomst aren't quite enough to ensure MCM is self-sufficient (David Brown confirmed this in the interview after results), however remaining $8.1 million to be paid over 10 quarters from Mooiplats will assist and MCM has cash balance of $11m. Makhado has the 3rd Party appeal on the Enivronment Authorisation Amendment - not sure how long that will drag on. But even without this it appears there are 3 ways forward to resolve land issue: 1)Commercial Settlement with land owners (doesn't appear likely). 2)New plan being worked by MCM and should have update by March 2019, to allow commencement of limited works without land access. However not sure how this is possible as Plant is supposed to be built on the land in dispute and it's just a stop gap. David Brown didn't allude to any other information. 3) Land expropriation through the Mining Legislation or whichever law prevails (can't remember off top of my head). But following this process could take up to Q4 2019/ Q1 2020.
redtrend
02/10/2018
09:36
Just when you think it can't go any lower... it usually does!
ianio5691
02/10/2018
09:19
Best not to get excited with this share.
casual47
06/9/2018
18:09
Big volume last 2 days and move higher in further positive news would suggest bottom now in place?! Let's hope so, more positives out of China, bodes well. Just need land accessible which will follow, if not throws into jeopardy Chinese investment into SEZ imho.
2bozmo
06/9/2018
06:42
David Brown accompanied Ramaphosa's delegation on recent trip to China.China signed MOU for Musina-Makhado SEZ1) Government supports project as we already know2) SEZ needs the coal3) up and running Makhado is $80m year EBITDA
2bozmo
Chat Pages: 13  12  11  10  9  8  7  6  5  4  3  2  Older
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