Page 180 - SHB 2020 Issue 1

JSE – MCM Profile’s Stock Exchange Handbook: 2020 – Issue 1
Price High 1 450 1 040 1 780 2 360 3 000
MC Mining Ltd. Price Low 301 321 800 800 440
Price Prd End 850 465 880 1 780 1 760
MCM
RATIOS
Ret on SH Fnd - 25.52 - 59.49 - 5.70 - 9.92 - 2.44
Ret On Tot Ass - 19.29 - 47.70 - 5.77 - 9.10 - 1.54
Oper Pft Mgn - 109.39 - 289.38 - - -
D:E 0.23 0.13 0.09 0.06 0.08
Int Cover n/a n/a n/a n/a n/a
Current Ratio 0.52 1.88 2.89 1.07 3.42
NUMBER OF EMPLOYEES: 650
DIRECTORS: Chee Sin A (ne, Sing),
Ding S (ne, China), Mifflin A D (ind ne, Aus),
Mosehla K B (ind ne), Mosololi T F (ind ne),
ISIN: AU000000MCM9 SHORT: MC MIN ING CODE: MCZ Randazzo S (ind ne), Zhen B H (ne, China),
REG NO: ABN008905388 FOUNDED: 1979 LISTED: 2006 Pryor B R (Chair, ind ne, UK),
Brown D H (CEO), Berlin B (CFO)
NATURE OF BUSINESS: POSTAL ADDRESS: PO Box 69517,
Bryanston, 2021
MC Mining is an AIM/ASX/JSE listed coal ex plo ra tion, de vel - EMAIL: admin@mcmining.co.za
op ment, and mining company with a portfolio of high quality Scan the QR code to WEBSITE: www.mcmining.co.za
visit our website
met al lur gi cal and thermal coal assets in South Africa. TEL: 010-003-8000 FAX: 011-388-8333
MC Mining op er a tions and projects: COMPANY SECRETARY: Tony Bevan
*Uitkomst Colliery, in KwaZulu-Natal, a coal deposit with TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.
met al lur gi cal ap pli ca tions, com pris ing an existing un der - SPONSOR: Investec Bank Ltd.
ground mine and a planned life of mine extension. AUDITORS: PwC Inc.
*Makhado hard coking coal project in the Limpopo province is BANKERS: Absa Bank Ltd., National Australia Bank Ltd.
the Company’s crown jewel. Phase 1 of the Makhado Project CALENDAR Expected Status
will be developed in H1 CY2020, funding dependent, with Next Interim Results Mar 2020 Un con firmed
Phase 2 following in circa CY2022. The Phase 1 run of mine Next Final Results Sep 2020 Un con firmed
coal (ROM) will be partially beneficiated at Makhado and the Annual General Meeting 23 Nov 2020 Con firmed
residual coal will be trans ported to the Vele Colliery for final
ISSUED
processing to produce ~0.54 million tonnes per annum CAPITAL STRUCTURE AUTHORISED - 140 879 584
MCZ
Ords no par value
(Mtpa) of hard coking coal and ~0.57Mtpa of an export quality
thermal coal by-product. LIQUIDITY: Nov19 Ave 39 332 shares p.w., R302 620.7(1.5% p.a.)
*The Vele Colliery in the Limpopo province is currently on MINI 40 Week MA MC MINING
care and main te nance. Vele’s existing plant will be modified to 3381
process the partially beneficiated Makhado Phase 1 ROM coal
2774
that will be sold using pre vi ously tested rail and road logistics
in fra struc ture. 2168
*The Greater Soutpansberg Projects (GSP) are three
long-term coking and thermal coal projects, also in the 1562
Limpopo province. Mining right ap pli ca tions for the Chapudi, 956
Mopane and Generaal projects com prising the GSP were
350
submitted in 2013. The Chapudi mining right was granted 2014 | 2015 | 2016 | 2017 | 2018 | 2019
December 2018, the Generaal mining right was granted in
November 2019 and the Mopane mining right is an tic i pated in Recent Announcements
the near future. Tuesday, 05 November 2019: MC Mining is pleased to announce that
the South African De part ment of Mineral Resources (“DMR”) has
SECTOR: Basic Materials—Basic Resrcs—Mining—Coal granted a mining right for its 74% owned Generaal coking and
MAJOR ORDINARY SHAREHOLDERS as at 31 Mar 2019 thermal coal project (“Generaal Project”) in the Limpopo province.
M & G Investment Management Ltd. 16.57%
Haohua Energy International (Hong Kong) Co. Ltd. 16.41% The Generaal Project, together with the Chapudi and Mopane
Yishun Brightrise Investment PTE Ltd. 15.20% Projects, comprise the Company’s longer-term Greater
FINANCIAL STATISTICS Soutpansberg Project (“GSP”) in the Soutpansberg Coalfield.
(Amts in USD’000) Jun 19 Jun 18 Jun 17 Jun 16 Jun 15 The GSP is located within close proximity to the
Final Final Final Final Final Musina-Makhado Special Economic Zone (“SEZ”), an area des -
Turnover 26 403 32 693 - - - ig nated by gov ern ment to focus on, amongst others, energy and
Gross Profit 1 014 5 353 - - - met al lur gi cal in dus tries.
NetIntPd(Rcvd) 4 639 2 435 859 825 458
Tax 204 6 720 - 295 - 1 431 - The Company submitted mining right ap pli ca tions for the three
Minority Int - 305 - 165 - 16 - - GSP project areas to the DMR during 2013 and following the
Att Inc - 33 421 - 101 413 - 15 536 - 23 445 - 6 711 Chapudi Project mining right in December 2018, the Generaal
TotCompIncLoss - 39 434 - 103 971 505 - 52 366 - 66 583 Project mining right is the second of the ap pli ca tions to be granted.
Hline Erngs-CO - 12 429 - 17 068 - 7 934 - 23 093 - 6 711 The Generaal Project contains over 407 million gross tonnes in situ
Fixed Ass 32 713 29 452 30 531 6 755 16 259 of inferred coal resources1 and supports MC Mining’s strategy of
Inv & Loans - 3 946 - - - being South Africa’s pre-eminent producer of hard coking coal,
Def Tax Asset - - 5 713 4 773 2 320 used in the steel man u fac tur ing process and at tract ing sig nif i cantly
Tot Curr Ass 13 073 20 487 27 541 34 928 37 373 higher sales prices compared to thermal coal.
Ord SH Int 132 052 170 340 272 315 235 867 273 980
Minority Int 89 394 559 575 575 Thursday, 31 October 2019: MC Mining Ltd. (“MC Mining” or the
LT Liab 16 566 21 821 23 668 4 003 21 155 “Company”) which operates in South Africa, together with its
Tot Curr Liab 25 101 10 886 9 525 32 718 10 917 sub sid iar ies, hereby provides its update for the three months
ended 30 September 2019, the first quarter (the “Quarter”) of
PER SHARE STATISTICS (cents per share)
EPS (ZARc) - 336.35 - 925.07 - 209.59 - 349.60 - 107.60 the Company’s 2020 financial year. All figures are de nom i nated
HEPS-C (ZARc) - 125.07 - 155.74 - 107.38 - 344.00 - 107.60 in United States dollars unless otherwise stated. Safety metrics
Pct chng p.a. 19.7 - 45.0 68.8 - 219.7 92.3 are compared to the preceding quarter while financial and op er a -
Tr 5yr av grwth % - 16.8 - 15.0 3.0 - 10.7 33.2 tional metrics are measured against the com pa ra ble period in
NAV PS (ZARc) 1 320.66 1 662.51 2 523.19 3 412.60 3 858.40 the previous financial year. A copy of this report is available on
3 Yr Beta 0.05 0.48 - 0.13 - 0.65 - 0.19 the Company’s website, www.mcmining.co.za.
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