Mc Mining Share Discussion Threads

[badger60] 03/11/2023 11:08

I suppose with the info that's available it would be a fair bet that the Senosi bid could come in at say 15-16 PPS, which is half way between their indicated 20-23 CTS ps offer and the Tennyson valuation of 21 PPS.....who knows?Hopefully the IBC can add pressure for a higher share price for iis. Likewise, as already stated, if other parties start getting interested perhaps a competitive bidding war could elevate the share price Imo, it seems a mistake to sell out now at below 10-11 PPS.

[888danny] 03/11/2023 10:08

hxxps://www.sharesmagazine.co.uk/news/market/1698934041205621500/mc-mining-advises-no-action-on-intended-takeover-offer-by-shareholders

[2bozmo] 02/11/2023 16:26

No reason to sell. Senosi trying to low ball it. If someone else bids then gets interesting. Company obviously worked with Tennyson Research and they had 21p valuation. Can't approve sale of 11p

[aimmafia] 02/11/2023 15:02

What is everyones plans with there holdings now?

[purple11] 02/11/2023 14:42

well done everyone. one that i made a mistake on through lack of conviction.gl

[bengal1] 02/11/2023 14:36

21p anyone?

[aimmafia] 02/11/2023 14:15

Offer comes in and people selling at 7.75. Brain dead

[2bozmo] 02/11/2023 14:05

It's a gem and worth 5 times more than current valuation. Senosi not acting in good faith

[mjcferguson] 02/11/2023 13:52

Seems opportunist in view of expected uplift if finance can be sorted.
Having held on to these for a long time I would prefer to hang on a bit longer in order to obtain the benefit of the underlying value of makhado reserves.

[aimmafia] 02/11/2023 13:50

I wanted 30pNow maybe only 12p

[bengal1] 02/11/2023 13:47

Looking good

[bengal1] 01/11/2023 14:06

Additional press..

MC Mining: turnaround plan at the Uitkomst Colliery pays offToday 08:22

[bengal1] 01/11/2023 06:05

Turnaround plan at MC Mining's Uitkomst Colliery delivers results31 Oct 2023 21:33

[jailbird] 31/10/2023 19:20

Bengal1Come back in 12 months to see if you have made a profit

[jailbird] 31/10/2023 19:19

Oh dear another one AIMMafiaNot having much luck with coal miners are you

[aimmafia] 31/10/2023 11:27

Bye bye purple. Don't let the loss hurt you too much

[aimmafia] 31/10/2023 11:27

They are making money not losing it

[bengal1] 31/10/2023 11:26

Vele nearing full capacity and overall increase in mining. Makhado being prepared - that doesn't come free!

[purple11] 31/10/2023 11:16

5 million! how longs last going to last them. 3 months?

[bengal1] 31/10/2023 11:11

Good quarter. Don't forget $15m has been invested in Makhado since the start of the year. The cash balance is good.

[purple11] 31/10/2023 11:00

cash balance gone from 20m to 5 million.more dilution ahead just to keep the lights on.

this is dreadful

[purple11] 31/10/2023 10:57

H1 next year!

we'll be sitting here until june watching the price drift lower only then to be told H2.

they havent a hope imo.in this climate they will never be able to raise 90m or 200m.they are proving that.
they arent in discussions with anybody or we would have been told that.

expect this to trend back down to 5p levels.