Mc Mining Share Discussion Threads

[aimmafia] 29/4/2022 13:42

People selling because it's not doing 600 percent today

[2bozmo] 29/4/2022 13:20

Trading over 10p on JSE

[2bozmo] 29/4/2022 13:19

How was it poor? Production higher, sales higher. Would have been better if sold abroad but that was never happening last quarter. Stepping stone to move forward. Solid report

[bob1995] 29/4/2022 09:18

can't sell yet

[tburns] 29/4/2022 09:18

Your out then Bob!!

[aimmafia] 29/4/2022 08:29

I'll have a read in a bit. Driving at the minute

[bob1995] 29/4/2022 08:16

poor performance. bought at 8.5p so I'm out if it ever hits it

[aimmafia] 28/4/2022 10:31

Looking good

[2bozmo] 28/4/2022 09:12

At least now we have permanent CEO and chairman. Can move forward, these guys have wealth of experience

[bob1995] 28/4/2022 07:59

nice additions.

[bob1995] 25/4/2022 12:36

just added. crazily undervalued with coal prices at record high. next report should be any day.

[2bozmo] 23/4/2022 07:26

https://www.zoutnet.co.za/articles/newsflash/55871/2022-04-22/makhado-project-on-track-after-bankable-feasibility-study-is-completedThese guys are normally really anti-coal and company. Change of tone here

[aimmafia] 22/4/2022 08:53

Jailbird has been on my filter list for months. He follows me about everywhere with no funds to invest. He is best set to block

[2bozmo] 22/4/2022 08:19

Try the ignore button

[2bozmo] 22/4/2022 08:19

Invaluable. Thanks again

[jailbird] 22/4/2022 07:53

"I actually do it to help everyone. Not just benefit myself."That is so laughable .. he ramps across the boards , this sucks a few naive or non researched who are buy trigger happy and he slices or sells up on the rise .Classic pump and dump , just like Twitter brigade mob .He is only helping himself with his actions

[letmepass] 22/4/2022 07:41

back to 5p it looks like..

[aimmafia] 21/4/2022 13:47

It's funny how I have made people a lot of money on these boards yet I get called out all the time being some sort of scumbag paid tamper. I called Mcm in the 5s and it went to 11p. I called ben at 16p and it's now a quid. I called Cgo at 6p and although its only at 8p its still 25% up and went over 10p so another 80% gain. Rather than arguing against me maybe listen and you might earn some decent wedge when I call a share.I actually do it to help everyone. Not just benefit myself.

[2bozmo] 21/4/2022 12:28

No offence pal but there's a number of reasons this is higher and nothing to do with Aim Mafia1) forced seller out the market when outbreak of covid took it from 30p to 8p in March 2020. m&g selling as ESG policy, now out;2) 2 directors removed and ex SA finance minister and Anglo thermal coal head installed;3) feasibility study proved great economics of project. Thermal price used in study was $105 when over $3004) MMSEZ progressing which also brings GSP asset into playIf that was your only contribution here then it's one post too many! Now run along, there's a good boy

[2bozmo] 20/4/2022 21:43

The one reason people deramp stocks is because they want to buy in. Especially true for individuals I've not been on this board before, and I've been here a long time!

[bad gateway] 20/4/2022 21:08

Surprised you're trying to use Senosi Group buying in as a tool to knock the co?
Take it you're unaware that this was a mining co. buying 30% of the co. at a large premium?

They were issued at A$0.11 or 6.25p whilst the share price was sitting at 4.75p here in the UK the day before.
Even managed to spike the price for a day or two..


free stock charts from uk.advfn.com

[jimbo130] 20/4/2022 18:07

Shares are multiplying like rabbits here. Being dumped and promoted so they can offload the shares



MC Mining Limited Issue of First Tranche Shares and TVR
06/04/2022 4:18pm
UK Regulatory (RNS & others)

TIDMMCM

RNS Number : 5292H

MC Mining Limited

06 April 2022

ANNOUNCEMENT 6 April 2022
ISSUE OF FIRST TRANCHE FUNDING SHARES AND TOTAL VOTING RIGHTS

MC Mining Limited (MC Mining or the Company) announces that, further to its announcement of 1 February 2022, South African Reserve Bank approval has been obtained and therefore 38,363,909 new ordinary shares of no par value in the Company's capital (Ordinary Shares) have been issued to Senosi Group Investment Holdings Proprietary Limited (SGIH), pursuant to the conversion of its loan under the First Tranche Funding.

Admission and Total Voting Rights

A pplication has been made for the First Tranche Shares to be admitted to trading on the ASX, AIM and JSE markets (Admission). Admission of the First Tranche Shares to trading on AIM is expected to only become effective at 8:00 a.m. on or around 11 April 2022, and the shares will rank pari passu with the Company's existing Ordinary Shares.

[jimbo130] 20/4/2022 18:06

Forward selling?

The company stated funding is coming. IDC facility is now repayable.






The IDC Facility (capital amount $15.3 million (ZAR160,000,000)) is now repayable on 30 November 2022 and the Company's cash flow forecasts include the assumption that it can negotiate a deferred settlement over time of the Facility to when Makhado Phase 1 is at steady state production, as opposed to being payable in November 2022, with the balance being rolled into a New Facility with the IDC. This is conditional on the Company raising further funding for the development of Phase 1 of the Makhado project (the "Additional Funding").



The Company is exploring and progressing a number of alternatives to raise the Additional Funding including, but not limited to, the issue of new equity for cash in both the Company and its subsidiary companies which own the Makhado project, the sale of minority stakes in the corporate entities holding the Makhado project, further debt funding and contractor funding, such as build, own, operate, transfer ("BOOT") arrangements.