MCM 7.69% 14.0¢ mc mining limited

is simon getting slow like the sa bureaucrats?

  1. 780 Posts.
    The deadline of the 12th December has passed and we still have not been told about the New Order Mining Right (NOWR)or the purchase of the remaining 20% of the Vale Colliery.
    This is a bit slack.

    Simon previoiusly advised - If CZA has not received the NOWR by 12th Dec that they would not take up the remaining 20% of Vale. So, I think we are entitled to be informed on either one event or the other.

    a) no NOWR by 12th - CZA withdraws from additional 20%
    or
    b) NOWR received and deal in process.

    Possibly the recent share activity signals positive news on the way which will mean production in 4 months from Vale. This is likely to be big news for the holders

    Any ideas
 
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