Member Info for Bozmo

I’ve been 60p bid last 2 days and nothing. No sellers here.

Starting construction July-August Bullish coking coal https://www.brrmedia.co.uk/broadcasts/5c5c6534eaedb6205388d1c2/mcmining-update

Heard back from company yday, still on course for March board meeting.

I think he did - Makhado cash generative very quickly

Thanks - appreciate the colour

Hi jantand, Hope you’re well. Can buy a few more if needed on the dip if it comes. JSE looking s little more vulnerable here. Do we know when board are meeting? Beginning or end of March? I’m also curious as to why AM off take not been reported unless as has been suggested something that accompanies it. Good luck all

https://www.standard.co.uk/business/minnow-a4056856.html

nothing we don't know but nice to get some publicity

Said would have nomad by 1-Feb

I used to punt this regularly many many moons ago and great to see some familiar names still here. I’ve been following from afar and trying to get back up to speed. Definitely felt a buy the rumour, sell the fact today. My question to those who’ve been here years, what makes it different this time? Are we still, as we’ve always been, waiting for Hasina to give the green light? Why now? Now the company has a nomad, is there any risk of dilution before the main event whenever that might be? China will continue to buy coal assets outside China, and this asset certainly ticks the boxes.

25k gone through (Peel Hunt) - interesting if reported post close tomorrow

Been trying to buy last few days. Picked up a few but nothing around.

60 and 58.8 both buys

JSE 64/71 - seems a bit more interest there

See if any takers....

Quarterly update due next Thursday.

Yes, full offtake agreement for hard coking coal and thermal coal to be announced, with financing agreement by March; Mining rights for 2 remaining GSPmines (imminent)

That 50k from Thursday reported after close. Why are these larger trades getting reported on T+1 after the close? Someone buying a stake?

JSE was 1300/1400 and very small amount offered at 1250 in closing auction so settle there.

It appears someone relatively sophisticated is buying on the JSE, looks to me like it’s being executed via algorithm.

Makes you wonder why they’re not buying the London line?

So potentially think this is a fund/institution buying in, probably buying in over number of days. Why’s London so weak in comparison? Selling overhang from big volume day in December. We should get some clarity on the buying when holding reports are published at end of month.

Indeed. Have asked DB and company’s nominated adviser - will revert if hear anything. Historically we’ve traded either side of zero (I.e. London over or undervalued) and nothing this extreme.