Member Info for Hemmings8

Market will wake up soon, two boxes ticked yesterday and today. Confident everything will come good, think we get re-rating when start to build Makhado as then definitely happening in eye of the market. I’m 100% on board, this is happening, Chinese, Vitol, ArcelorMital on board - probably get taken out by one of these pre-production

Still bouncing back. Off-take and environmental news, good week for box-ticking

Think we were having discussions with Glencore and Vitol plus another name. Agree most likely vitol

I saw those last night, wasn’t sure if t-20 roll over?

Great close on the JSE. Bullish continuation playing out. :-)

49-52 on JSE. London needs to catch up

Anyone spoken with company recently? A little soon for offtake agreement, but anything positive like GSP Mining Rights should take us through 950 on JSE

Can’t put chart on here but..... MC Mining Ltd forms bullish "Continuation Wedge" chart pattern Recognia has detected a "Continuation Wedge (Bullish)" chart pattern formed on MC Mining Ltd (MCZ on JNB). This bullish signal indicates that the price may rise from the close of 875.00 to the range of 1452.00 - 1583.00. The pattern formed over 57 days which is roughly the period of time in which the target price range may be achieved. MC Mining Ltd has a current support price of 796.00 and a resistance level of 950.00. A Continuation Wedge (Bullish) is considered a bullish signal, indicating that the current uptrend may continue. Prices edge steadily lower in a converging pattern i.e. there are lower highs and lower lows. The technical event occurs when prices break above the upper trendline, thereby confirming the pattern. This bullish pattern can be seen on the following chart and was detected by Recognia's proprietary pattern recognition technology.

Thanks Rand weaker again.

https://www.zoutnet.co.za/articles/news/49703/2019-04-08/more-time-for-eskom-to-get-powerline-done

Feels like a significant day. Hopefully a bottom in coal markets and good volume here to take off lows. If JSE can hold gains then that looks very positive despite the low volume.

Coal up 4%

Looks a good addition to the board

Rand now 14.61, company have 13.75 I get same numbers as you guys. Valuation makes no sense

Didn’t really get any colour from Peel Hunt, looks as though DB went through results presentation. Not sure who was target audience

Investor roadshow day with Peel Hunt

Holiday

Peel Hunt doing an investor roadshow with DB this coming Friday in London

Lots of positives to take out of a phased Makhado, and lots of positives in next three months with build to start in Q3. Cheap again at these levels

Anyone listen to it?