Mc Mining Share Discussion Threads

[2bozmo] 13/4/2022 15:55

Above the 52-week high. Might attract more buyers now.M&G really spooned this with their selling

[aimmafia] 13/4/2022 15:50

Met coal producers leading the way!

[tburns] 13/4/2022 15:36

Nice jump in the last few minutes Aim. Seems others are following suit here. Good also that the mines in the main are in SA with the infrastructure and distribution already in place.

[tburns] 13/4/2022 15:34

Although if Ben keeps adding 7-8p a day as it is at the moment who knows. Ikept about 20k of Ben from 19p, sold the rest in the 70's, 80's and 90's to fund other shares. I would have been better off waiting on CGO and seeing Ben rise further but hard to judge at times.

[aimmafia] 13/4/2022 15:18

Will mc mining get to 14p before ben gets to 2 pounds - I think there is a lot more chance

[tburns] 13/4/2022 15:06

I do think BEN will continue to rise slowly towards £1.50 over summer but I'll be out of there before the warrants can be taken on the 13th Oct as don't trust MBU.

[aimmafia] 13/4/2022 14:56

People sold out low 6s ouch. Stupidity

[aimmafia] 13/4/2022 14:34

You know it makes sense burns

[tburns] 13/4/2022 14:16

Just bought in with 250k here

[aimmafia] 13/4/2022 14:10

Would you like to see my Cgo holding? I have well over 2 million shares

[aimmafia] 13/4/2022 13:58

Fully expecting this to rerate for weeks on end now. What a time to be alive :)

[74tom] 13/4/2022 13:52

Be surprised if profits from TGA / BEN don’t flow here over the coming days & weeks. There is a huge incentive for the new 20% shareholder to get production & profits up ASAP. Not a lot of downside from current levels & huge upside (BEN 10p to £1.04 in 6 months as an example..)

[aimmafia] 13/4/2022 13:38

We will be 30-40p in no time

[2bozmo] 13/4/2022 13:16

Remember GSP is multiples of Makhado

[2bozmo] 13/4/2022 12:37

Banking Feasibilty study just published on JSE.Post tax NPV of Makhado $268.1mGet your buying boots on.

[aimmafia] 13/4/2022 08:46

I've taken another chunk

[aimmafia] 13/4/2022 08:38

The half year results could really send this into orbit

[2bozmo] 13/4/2022 08:35

This dropped from 30p to 8p in March 2020 on Covid. M&G been selling as their ESG policy doesn't allow them to hold coal stocks. Coal prices now $300 against $50 pre pandemic.

[aimmafia] 13/4/2022 08:30

https://t.me/+q3g5WKG6H-MyMjBk telegram groupMc Mining. Massively under the radar. Met Coal Producer. Should at least be on peoples watch list.with average coal price averaged more than $200, expect a significant amount of profit this quarter. ??minimum 50k tonne at $100 profit is $5 million.??with such a small mcap, this will fly current market cap only 12 million.

[aimmafia] 13/4/2022 08:21

6.49 are buys

[aimmafia] 13/4/2022 08:04

10p is literally a given In The next few weeks

[aimmafia] 12/4/2022 21:07

Nice, deffo going to smash 10p shortly

[2bozmo] 12/4/2022 16:20

6.72 the close on JSE

[2bozmo] 12/4/2022 16:16

Good luck pal, if they can sort Makhado, then GSP will bring multiples (longer term)