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4.17%

2.3¢ mineral commodities ltd

Ok that makes sense. So MRCR is holding 79% until the other 10%...

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dcmmm

84 Posts.

31

27/04/23

15:27

Post #: 67483780
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Originally posted by spid81: ↑

Hi Dcmmm

The simple version would be to read the original ASX announcement detailing MRC's ownership.

Ownership will increase from 50% to 69%

Following completion of the restructure of MSR, MSR’s ownership structure will change
to being 69% owned by MRCR, 21% owned by Blue Bantry, 5% owned by employees and
5% owned by the community. The employee and community ownership interests will be
effective from the date the relevant trusts and oversight mechanisms are approved and in
place, and until such time MRC will hold those interests in MSR in its own name resulting
in it holding 79% of the issued capital of MSR and Blue Bantry holding 21% until the 5%
employee and 5% community interests are finalised.

Expand

Ok that makes sense. So MRCR is holding 79% until the other 10% is divested. And I guess the "buy in price" for the other 10% group is going to be the 10%/50% x balance of the ZAR78.5m recoverable interest.

Anyway spid, off topic but do you know what the spare capacity of the GSP/SCP is? It says we are building the 3rd PCP to utilise more of the secondary plant capacity. I'm trying to work out if the extra PCP will use up the whole capacity and estimate productions going forward

Last edited by dcmmm: 27/04/23

MRC Price at posting: 5.4¢ Sentiment: None Disclosure: Held
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0 Great analysis

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(20min delay)
Last 2.3¢		Change -0.001(4.17%)		Mkt cap ! $22.64M

Open	High	Low	Value	Volume
2.3¢	2.3¢	2.3¢	$4.675K	203.2K

Buyers (Bids)

No.	Vol.	Price($)
2	394208	2.3¢

Sellers (Offers)

Price($)	Vol.	No.
2.4¢	113951	2

View Market Depth

No.	Vol.	Price($)
2	394208	0.023
3	120953	0.022
3	313622	0.020
1	28001	0.018
1	176470	0.017

Price($)	Vol.	No.
0.024	113951	2
0.025	141448	2
0.026	199584	3
0.027	23573	1
0.029	40528	1

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