Member Info for Sandhopper

Looking at the "sell" trades then to me it looks as if Link could be still off-loading, after all, they will still need to get rid of the shares they still had after 17th January !!

I hope the company can deliver a positive Quarterly update confirming they WILL start giving us long term shareholders the news we should have got in 2019. To much money by the "big boys" and us small pi's has been invested here to delay this fiasco any more. Mr Brown & Co have given themselves the reward of "performance" bonuses, so how about they now give us pi's our reward for being loyal to them.

we won't move up too much until after Link start paying out to the Woodford Fund Holders.

As expected, more large volume of shares being sold today / tomorrow as Link are accumulating as much cash as possible so as they can start paying out to the Woodford Fund holders from next week

"Does management remuneration commensurate with their performance?"

Their remuneration may not - but the share price looks to be doing so !!

Gregg / Wood - I have been waiting for same as both of you, will add should we see 0.95p or below, but hoping we don't as I already have more than I anticipated I would buy as have been bringing my average down.

I read that Woodford was out in China trying to put together a "new start-up company", now he would almost certainly have that type of personal money to be a buyer !!

Well Chester, I've been riding along here from the same price as yourself from April 2016, and just like yourself have taken more shares than I originally intended to hold just to lower the break even price. Feel more comfortable now after viewing the interview out today, but I'm still mindful of loosing £250K back in 2009 when the company I was in as their biggest pi holder decided to de-list 3 months after I had taken part in their placing. That company is no longer trading, so no chance of recovering even 1p from it. Must add, management here are a different class completely. Maybe I might be lucky enough to get that £250K replaced by investing here !!

18/12/2019 7:10am
UK Regulatory (RNS & others)

RNS Number : 2884X
MC Mining Limited

ANNOUNCEMENT 18 December 2019

GRANT OF PERFORMANCE RIGHTS TO EXECUTIVE DIRECTORS

MC Mining Limited (the "Company") confirms the award of Performance Rights under the Company's Performance Rights Plan to executive directors, David Brown and Brenda Berlin, following the approval of shareholders at the Annual General Meeting of Shareholders ("AGM") on 22 November 2019.

Following the approval of shareholders David Brown, Chief Executive Officer and Brenda Berlin, Chief Financial Officer, were granted a total of 915,852 Performance Rights and 736,428 Performance Rights respectively under the Company's Performance Rights Plan, being direct beneficial in nature. The performance rights were granted off-market.

As detailed in the notice of meeting for the AGM, the total Performance Rights issued have been determined by dividing ZAR5,339,417 and ZAR4,293,375 (representing the value of the performance rights granted for the 2019 financial year, respectively) by the volume weighted average price of the shares of the Company over the 30 trading days prior to the approval date of the Performance Rights (R5.83).

The Performance Rights are granted as conditional awards over ordinary shares of no par value for no consideration. The awards will vest on 22 November 2022 subject to the vesting conditions.

Current Shares and Performance Rights Held by Executive Directors:

In addition to the above Performance Rights Mr Brown holds 41,250 ordinary shares in the Company which represents 0.03% of the Company's issued share capital. He also holds 625,612 and 878,287 Performance Rights issued in 2017 and 2018 which will vest on 24 November 2020 and 23 November 2021 respectively, subject to the vesting conditions.

Other than the Performance Rights issued above, Ms Berlin holds 635,347 Performance Rights issued in 2018 which will vest on 23 November 2021. Ms Berlin holds no ordinary shares in the Company.

as with the amount of buying and selling trades done each day, they get a fee every time someone trades !!

Well that delayed trade answers my previous posts question - very nice.

Yes, but why the sp rise on no buys today, and now the bigger "bid / ask" spread ? Just done some dummy trades and got quoted 228p to sell, yet it was 236.4p to buy !!

MC Mining: Peel Hunt reiterates buy with a target price of 65p.

has seen the share price reduce from 43.5p to 32.5p a reduction of 25.9%. Let's hope we really are only just around the corner for a change of direction !!

Positive RNS news again, just the Woodford debacle holding the SP back. Of the 4 trades up to 2-30pm today I feel sure the last 3 are almost definitely "Buys" even though all 4 trades are being shown here as "sells". The Company are producing 'patented' products that are in demand. Only a matter of time before the true value is shown in the share price in my opinion.

Whilst I do agree with most of what you have said Hierarch, including the share price not falling back to 1p/£1, I still stand by my earlier post of expecting the mm's to eat into the consolidated share price some. In my 13 + years of trading shares then every share I have had that has had a "consolidation" applied, it has always dropped back from the re-admitted consolidated price. Although I have reduced my holding at the moment, in anticipation of that happening again, then I am still sitting with a near 1M shares going forward, and will add more when I feel it is appropriate. I am not telling anyone to do the same as myself, I am just stating my strategy here based on my trading experiences - right or wrong.

As I posted earlier this month after the company announced a "Consolidation", I expected the mm's to drop the SP after the consolidation, but I didn't think they would start doing it before the consolidation. Looks like they are going to do both, before and after. Glad I offloaded 50% of my holding at circa 1.95p/1.96p and holding the cash on account to buy back later. GLA

Hi Pedro, no initially you loose nothing in value, only volume. The companies current shares are of 1p "nominal" value, but the current trading price is higher (1.925p at close tonight). So if the consolidation took place tonight, tomorrow you would have 5000 - £1 shares, currently trading at £1-925p and assuming the mm's didn't reduce the opening value the following morning, then your value would still be the same :
Cessation of dealing in Existing Close of business on 25
Ordinary Shares September 2019
Record date for Capital Reorganisation Close of business on 25
September 2019
Admission and dealings in the New 8.00 a.m. on 26 September
Ordinary shares expected to commence 2019
on AIM

Not only that WayneS, every share I have held that the company decided to "consolidate" got hammered by the mm's over the next 12 months or so. Think about it - 2p share has not a lot of room to get reduced, £2 share gives the mm's a lot of room for reducing. I'm hedging my bets this morning by selling 20% of my holding and keeping the cash for later on.

Don't think DB was getting tired of you asking Hemms, as today's share price says it all - there is obviously something NOT happening and which has not been made public that has caused a 14.5% drop in the share price over the past 14 days !!