Mc Mining Share Discussion Threads

[babbler] 11/12/2018 10:11

Funding? Timescales? Revenue? Interested but worried its spiked too high.

[ianio5691] 11/12/2018 10:10

This is still coughing and spluttering in first gear... wait till it really gets going.


The potential here is massive.

[dave4545] 11/12/2018 10:08

Not like you chaps to buy into the biggest % riser :-))

lol

[marbill73] 11/12/2018 10:08

Just bought in at 52 gla

[amrishbhim] 11/12/2018 10:08

Why Friday, this is news, the other few news are coming but not this week, but this one is truly the big one

[goodbloke1] 11/12/2018 10:07

Has this got funding to build mine?

[ianio5691] 11/12/2018 10:06

Bet this could do 200% today....

[ianio5691] 11/12/2018 10:05

Very difficult to buy in any quantity.

Interesting to see how they play this one - very few shares in free float.

Can't see the Chinese selling any of theirs.

[pre] 11/12/2018 10:03

great news...how long will it take to extract resource here? nice rise

[amrishbhim] 11/12/2018 10:02

Old value, this would have now been over 15p, so we could see £1.50/1.75 at new face value. This is news that everyone should be looking at in such markets

[bengal1] 11/12/2018 10:01

£1 by Friday... More news on way...

[ianio5691] 11/12/2018 10:00

All the pieces dropping in to place now.
Been a long time coming, but well deserved.

[bengal1] 11/12/2018 09:55

Ridiculously low..

[tburley] 11/12/2018 09:54

The consolidation was 20 to 1 so the current share price is 2.5p in old money.

[ianio5691] 11/12/2018 09:52

This could be the recovery of the year!

Wheres Bozmo?

[ianio5691] 11/12/2018 09:51

This is nothing yet... still 5p pre consolidation, where they had dropped to from a distressed 25p.

These could easily go back to 250p in the short term - but then when the new potential is factored in - who knows where

[amrishbhim] 11/12/2018 09:49

This is big!

[reks] 11/12/2018 09:45

Well done all - amazing news

[bengal1] 11/12/2018 09:43

Will triple from here...

[amrishbhim] 11/12/2018 09:41

An excellent RNS , just market a little slow due to issues around the world. We could see a big day later as this news doesn't always come round for most AIM companies.

[reks] 11/12/2018 09:24

300% today imo this is 5 years in the making!

[bengal1] 11/12/2018 06:17

Excellent news. This is the first mining rights to be issued to any company for a few years. For us, 5 years in the making. V significant news and huge assets. Well done Mr B and Team.

[2bozmo] 11/12/2018 05:31

Chapudi Project - Mining Right GrantedMC Mining LimitedPreviously Coal of Africa Limited(Incorporated and registered in Australia)Registration number ABN 008 905 388ISIN AU000000MCM9JSE share code: MCZASX/AIM code: MCMANNOUNCEMENT 11 December 2018 CHAPUDI PROJECT - MINING RIGHT GRANTEDMC Mining Limited ("MC Mining" or the "Company") is pleased to announcethat the South African Department of Mineral Resources ("DMR") hasgranted a mining right for its 74% owned Chapudi coking and thermalcoal project ("Chapudi Project") in the Limpopo province. The ChapudiProject, together with the Mopane and Generaal Projects, comprise theCompany's longer-term Greater Soutpansberg Project ("GSP") situatedin the Soutpansberg Coalfield.The GSP is located within close proximity to the Musina-MakhadoSpecial Economic Zone ("SEZ"), an area designated by government tofocus on amongst others, energy and metallurgical processing.The Chapudi mining right is the first of the three GSP mining rightapplications to be granted; these applications were submitted to theDMR during 2013. The Chapudi Project alone contains over 6.3 billiongross tonnes in situ of inferred coal resources1 and supports MCMining's strategy to be a substantial producer of hard coking coal,used in the steel manufacturing process and typically attracting asignificantly higher sales price compared to thermal coal.David Brown, MC Mining's Chief Executive Officer commented:"The granting of the mining right for the Chapudi Project is a keystep in unlocking value from MC Mining's significant coking andthermal coal assets and positions the GSP to be a potential long-termcoal supplier to the planned Musina-Makhado SEZ. The Mopane andGeneraal Project mining right applications are at an advanced stageand we anticipate that these will be granted in the near future.Following this, the Company will commence with the various studiesrequired for the outstanding water and environmental regulatoryapprovals.We continue to advance our flagship Makhado hard coking and thermalcoal project and the November 2018 agreement to acquire the Lukin andSalaita properties facilitates the completion of geotechnical andrelated infrastructure studies for the proposed colliery. Further,recent Makhado Project milestones include the conclusion of a hardcoking coal off-take agreement while negotiations for the remaininghard coking coal as well as the thermal coal and funding initiatives

[bengal1] 29/11/2018 18:35

.. gobbled up!!

[2bozmo] 29/11/2018 18:21

Someone sold 23k 'at market' on JSE, swept orderbook, filled from 650 down to 402. Then printed 788....