I have a tiny holding in MCM (1.1% of portfolio) - A$20M MC, USD$3.2M in cash, USD$14M in debt - should have significant positive cash flow from Uitkomst with the recovery in coal pricing...
Need A$46M in funding to get Makhado up and running, and if this could occur in this met coal market it could justify a A$100M market cap... But its in SA, and its a cluster at the best of times... Lots of IF's... But I'm happy with a small stake and see what pans out over the next 6-12mnths in a much improved coal market. The fact that they have survived to date suggest they will continue to survive with the recovery in coal pricing.
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Last
11.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $70.80M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3807 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 23269 | 1 |
View Market Depth
| Last trade - 16.21pm 25/07/2025 (20 minute delay) ? |
| MCM (ASX) Chart |
Day chart unavailable