Mc Mining Share Discussion Threads

[bengal1] 09/6/2021 14:45

If the IDC loan is repaid by equity (shares) this Company will be effectively Nationalised. I note this is the route being debated in Poland for their mining industry. I am not sure what would then happen to MINORITY shareholders... Delist I guess.

[dave4545] 30/3/2021 16:35

300k sold at 5.25p

Guess for the seller getting £15750 back was better than holding on so I cannot have a pop at that. For anybody holding a small amount like me I'll run the risk, it's not had a spike for years

[dave4545] 22/3/2021 09:47

Online spread 5.5-6.95p

So basically no premium to sell and no discount to buy on a incredible 1.5p spread on a 6.25p stock

[dave4545] 17/3/2021 13:30

32k sold at 6p.

As always anybody selling is getting butchered while this monster overhang exists with no buyers around

[dave4545] 03/3/2021 07:53

2 x 18k buys pre market ??

Unusual

[dave4545] 25/2/2021 15:46

7-8p

Somebody sold 15k on Aqse/Nex at 6.5p earlier mm's bidding 0 at 7p

Then 64k buy at 7.7p and 32k buy at 7.8p on Aqse

One day there will be no overhang in this one, look forward to the day

[channel pirate] 19/2/2021 10:24

Hey Countdracula55, lot of people have put their "hard earned" into FTSE 100 companies that over time have gone to the wall - at least (for the time being anyway) MCM is still in business with a bright prospect if all the pieces of the jigsaw fall into place - next few months will be crucial.

[bengal1] 17/2/2021 21:25

So if IDC convert to shares they would own circa 60% of the Company. Have I got this right??

[dave4545] 12/2/2021 07:16

I hope whoever they take on buys some shares and a lot of them otherwise are we ever going to clear this overhang.

7-9p but 7.9p to buy and never much of a bid quote whenever I check

[channel pirate] 10/2/2021 08:53

With the impending news I was going to add another 37500 shares yesterday, was quoted 7.7p, but then thought about all our "false dawns" over the years after news was expected, so didn't.

Been here since 2007, so have already accumulated "best part of a tidy few".

Good Luck all, let's hope this is the "real deal" this time.

[dave4545] 10/2/2021 08:29

Looks like it's going to be one of those stocks that goes nowhere and has zero interest then spikes 100-200% in 1-2 days 2bozmo

Talk about unloved.

ha ha 25k buy as I write this message

[2bozmo] 10/2/2021 07:48

Hey Dave,It appears we have new CEO announcement on Friday and still looking at Q1 for financing.

[dave4545] 10/2/2021 07:34

Some positive news today.

Doubt anybody is still holding these but I am.

While every other mining stock has took off or recovered in the last 6 months this
one has more or less gone nowhere.

I'm not expecting any miracles just hoping for a surprise bit of interest today

[boodgewoodge] 25/12/2020 15:50

A blessing in disguise. ... hopefully shoes filled by Celeste ( left a couple of years ago to join Universal Coal as their CFO thoroughly knows the game plan of dare I say Coal Of Africa the rightful name once Makhado steps up to the plate ) . Nepotism lurks behind many purple cloaks

[2bozmo] 07/12/2020 20:01

She wasn't looking, headhunted apparently. Shame.

[bengal1] 07/12/2020 16:23

Brenda leaving... That can't be good.

[2bozmo] 12/11/2020 10:43

Impressive move in Richards Bay coal priceshttps://www.barchart.com/futures/quotes/IFFF21/overview

[dave4545] 10/11/2020 17:36

2 x £10k buys delayed late on.

Over 10p ? tomorrow to catch up a little with JSE

[dave4545] 10/11/2020 14:22

So checked that link. Last couple of buys are paying £22 mil market cap

But here it's £12.2 mid so not far off double the price. 8.5p here to buy but on the JSE they are paying 15-17p range

[2bozmo] 10/11/2020 12:24

Reliably informed m&g were selling as they have a new policy where can't hold more than 15% in an AIM stock.

[2bozmo] 10/11/2020 09:28

M&G the seller through Peel Hunt. No idea how much they have to sell. Crazy such a differential between London and JSE

[2bozmo] 10/11/2020 09:04

hxxps://www.sharedata.co.za/v2/Scripts/Quote.aspx?c=MCZ

329/379.

329 = 16p. Go figure.

[dave4545] 10/11/2020 08:14

Got a link to this site for JSE quotes ?

15k max still ..horrendous spread now 7.25-8.8p

[2bozmo] 09/11/2020 11:06

On ASX reported M&G reduced holding.If they are done then this will fly, still buying on JSE. Equivalent to 14.3p