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MC Mining

AIM:MCM
Snowflake Description

High growth potential with adequate balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
MCM
AIM
A$114M
Market Cap
  1. Home
  2. GB
  3. Energy
Company description

MC Mining Limited, together with its subsidiaries, engages in the acquisition, exploration, development, and operation of metallurgical and thermal coal projects in South Africa. The last earnings update was 37 days ago. More info.


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  • MC Mining has significant price volatility in the past 3 months.
MCM Share Price and Events
7 Day Returns
6.6%
AIM:MCM
0.4%
GB Oil and Gas
0.6%
GB Market
1 Year Returns
24.4%
AIM:MCM
17.2%
GB Oil and Gas
1.1%
GB Market
MCM Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
MC Mining (MCM) 6.6% 6.6% -18.5% 24.4% 14.1% -37.2%
GB Oil and Gas 0.4% 4.4% 7% 17.2% 50.4% -2.9%
GB Market 0.6% 2.6% 6.9% 1.1% 15.6% 6.2%
1 Year Return vs Industry and Market
  • MCM outperformed the Oil and Gas industry which returned 17.2% over the past year.
  • MCM outperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned 1.1% over the past year.
Price Volatility
MCM
Industry
5yr Volatility vs Market

Value

 Is MC Mining undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for MC Mining. This is due to cash flow or dividend data being unavailable. The share price is £0.485.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for MC Mining's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are MC Mining's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
AIM:MCM PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $-0.05
ASX:MCM Share Price ** ASX (2019-04-18) in AUD A$0.81
ASX:MCM Share Price converted to USD reporting currency Exchange rate (AUD/ USD) 0.715 $0.58
United Kingdom of Great Britain and Northern Ireland Oil and Gas Industry PE Ratio Median Figure of 32 Publicly-Listed Oil and Gas Companies 9.96x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 797 Publicly-Listed Companies 16.29x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of MC Mining.

AIM:MCM PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:MCM Share Price ÷ EPS (both in USD)

= 0.58 ÷ -0.05

-11.35x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • MC Mining is loss making, we can't compare its value to the GB Oil and Gas industry average.
  • MC Mining is loss making, we can't compare the value of its earnings to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does MC Mining's expected growth come at a high price?
Raw Data
AIM:MCM PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -11.35x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
108.3%per year
United Kingdom of Great Britain and Northern Ireland Oil and Gas Industry PEG Ratio Median Figure of 19 Publicly-Listed Oil and Gas Companies 0.47x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 564 Publicly-Listed Companies 1.48x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for MC Mining, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on MC Mining's assets?
Raw Data
AIM:MCM PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $1.13
ASX:MCM Share Price * ASX (2019-04-18) in AUD A$0.81
ASX:MCM Share Price converted to USD reporting currency Exchange rate (AUD/ USD) 0.715 $0.58
United Kingdom of Great Britain and Northern Ireland Oil and Gas Industry PB Ratio Median Figure of 102 Publicly-Listed Oil and Gas Companies 0.85x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,367 Publicly-Listed Companies 1.51x
AIM:MCM PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:MCM Share Price ÷ Book Value per Share (both in USD)

= 0.58 ÷ 1.13

0.51x

* Primary Listing of MC Mining.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • MC Mining is good value based on assets compared to the GB Oil and Gas industry average.
X
Value checks
We assess MC Mining's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. MC Mining has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is MC Mining expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
108.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is MC Mining expected to grow at an attractive rate?
  • MC Mining's earnings growth is expected to exceed the low risk savings rate of 1.2%.
Growth vs Market Checks
  • MC Mining's earnings growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
  • MC Mining's revenue growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
Annual Growth Rates Comparison
Raw Data
AIM:MCM Future Growth Rates Data Sources
Data Point Source Value (per year)
AIM:MCM Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 108.3%
AIM:MCM Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 72%
United Kingdom of Great Britain and Northern Ireland Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 14.2%
United Kingdom of Great Britain and Northern Ireland Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 3%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 11%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
AIM:MCM Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
AIM:MCM Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-06-30 144 39 14 1
2020-06-30 34 -1 6 1
2019-06-30 29 -4 -6 1
AIM:MCM Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 31 2 -7
2018-09-30 32 1 -55
2018-06-30 33 1 -104
2018-03-31 25 -4 -104
2017-12-31 17 -9 -104
2017-09-30 9 -9 -61
2017-06-30 -10 -17
2017-03-31 -11 -19
2016-12-31 -12 -21
2016-09-30 -12 -22
2016-06-30 -13 -22
2016-03-31 0 -8 -20

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • MC Mining's earnings are expected to grow significantly at over 20% yearly.
  • MC Mining's revenue is expected to grow significantly at over 20% yearly.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
AIM:MCM Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from MC Mining Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:MCM Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-06-30
2020-06-30
2019-06-30
AIM:MCM Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 -0.05
2018-09-30 -0.39
2018-06-30 -0.74
2018-03-31 -0.74
2017-12-31 -0.85
2017-09-30 -0.54
2017-06-30 -0.17
2017-03-31 -0.20
2016-12-31 -0.22
2016-09-30 -0.23
2016-06-30 -0.24
2016-03-31 -0.22

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • MC Mining is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess MC Mining's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
MC Mining has a total score of 5/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has MC Mining performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare MC Mining's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • MC Mining does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare MC Mining's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare MC Mining's 1-year growth to the GB Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
MC Mining's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from MC Mining Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:MCM Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 30.86 -7.19 10.76
2018-09-30 31.78 -55.39 11.73
2018-06-30 32.69 -103.60 12.70
2018-03-31 24.86 -104.03 12.56
2017-12-31 17.04 -104.46 12.41
2017-09-30 8.52 -60.91 11.55
2017-06-30 -17.35 10.68
2017-03-31 -19.35 9.00
2016-12-31 -21.34 7.31
2016-09-30 -21.91 5.85
2016-06-30 -22.47 4.39
2016-03-31 0.00 -20.41 4.79
2015-12-31 0.00 -18.35 5.20
2015-09-30 0.00 -11.44 5.46
2015-06-30 -4.54 5.71
2014-12-31 0.70 -38.68 9.02
2014-09-30 0.73 -51.11 9.84
2014-06-30 0.76 -63.55 10.66
2013-12-31 0.56 21.61 15.58
2013-09-30 0.78 -21.73 17.45
2013-06-30 1.01 -65.07 19.32
2012-12-31 -141.99 -175.88 25.18
2012-09-30 -70.32 -157.40 21.17
2012-06-30 1.35 -138.91 17.16

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if MC Mining has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if MC Mining has efficiently used its assets last year compared to the GB Oil and Gas industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if MC Mining improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess MC Mining's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
MC Mining has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is MC Mining's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up MC Mining's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • MC Mining is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • MC Mining's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of MC Mining's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.9x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from MC Mining Company Filings, last reported 3 months ago.

AIM:MCM Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 159.45 16.86 5.50
2018-09-30 159.45 16.86 5.50
2018-06-30 170.73 12.21 10.94
2018-03-31 170.73 12.21 10.94
2017-12-31 189.02 12.16 10.18
2017-09-30 189.02 12.16 10.18
2017-06-30 272.87 10.11 9.63
2017-03-31 272.87 10.11 9.63
2016-12-31 231.95 20.31 7.20
2016-09-30 231.95 20.31 7.20
2016-06-30 236.44 26.02 19.69
2016-03-31 236.44 26.02 19.69
2015-12-31 234.67 28.21 30.41
2015-09-30 234.67 28.21 30.41
2015-06-30 274.56 18.69 18.23
2014-12-31 283.81 0.00 21.09
2014-09-30 283.81 0.00 21.09
2014-06-30 280.32 36.17 2.63
2013-12-31 294.53 9.16 4.07
2013-09-30 294.53 9.16 4.07
2013-06-30 342.47 2.09 24.31
2012-12-31 337.05 44.02 18.29
2012-09-30 337.05 44.02 18.29
2012-06-30 377.27 49.13 19.52
  • MC Mining's level of debt (10.6%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (3.2% vs 10.6% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • MC Mining has sufficient cash runway for 1.4 years based on current free cash flow.
  • MC Mining has sufficient cash runway for 1.5 years if free cash flow continues to reduce at historical rates of -22.5% each year.
X
Financial health checks
We assess MC Mining's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. MC Mining has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is MC Mining's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from MC Mining dividends.
If you bought £2,000 of MC Mining shares you are expected to receive £0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate MC Mining's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate MC Mining's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
AIM:MCM Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
United Kingdom of Great Britain and Northern Ireland Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 14 Stocks 4.7%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 705 Stocks 4.2%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 1%
United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield 25th Percentile 2%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 5.2%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

AIM:MCM Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-06-30
2020-06-30
2019-06-30

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as MC Mining has not reported any payouts.
  • Unable to verify if MC Mining's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of MC Mining's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as MC Mining has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess MC Mining's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can MC Mining afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. MC Mining has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of MC Mining's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
David Brown
COMPENSATION $963,037
AGE 56
TENURE AS CEO 5.8 years
CEO Bio

Mr. David Hugh Brown, BCom, CA(SA), serves as an Independent Non-Executive Director of Resilient REIT Ltd. since August 10, 2018. Mr. Brown has been an Independent & Non-Executive Director of Vodacom Group Limited since joining it on January 3, 2012. Mr. Brown was appointed as the Chief Executive Officer of MC Mining Ltd. (formerly, Coal of Africa Limited) on February 1, 2014 and served as its Interim Chief Executive Officer. He serves as an Independent Non-Executive Director of Northam Platinum Limited since November 7, 2017. He held various accounting focussed positions in his early career and was appointed as Financial Director of Amdahl South Africa (Pty) Ltd in 1996. Mr. Brown served as the Chief Executive Officer of Impala Platinum Holdings Ltd., from September 2006 to January 1, 2012. He served as Financial Director of Barplats Investments, Ltd. He joined Impala group in February 1999. He worked for four years in the information technology sector and five years for Exxon Mobil in Europe from 1991 to 1995. He served as the Chief Financial Officer of Impala Platinum Holdings Ltd. from January 1999 to March 1, 2007 and served as its Financial Director from 1999 to March 1, 2007. He serves as the Chairman of Mimosa Mining Company (PVT) Limited. He served as the Non-Executive Chairman of the Board at MC Mining Ltd. from August 6, 2012 to January 1, 2014 and then the executive chairman. He served as the Non-Executive Chairman of Zimplats Holdings Ltd., from March 1, 2010 to June 30, 2012. He has corporate leadership experience, Financial expertise and Corporate governance expertise. He has served as a member of the Accenture South Africa Advisory Board since 2012. He was Chairman of Impala Platinum Limited. He serves as an Independent Non-Executive Director of Simmer & Jack Ltd. He has been an Executive Director of MC Mining Ltd. since February 1, 2014. He serves as a Non-Executive Director of Alufer Mining Limited and TransAfrika Resources Limited. He served as an Independent Non-Executive Director at Edcon Holdings Limited from January 1, 2013 to December 31, 2015. He served as an Independent Non-Executive Director of Edcon Limited since January 1, 2013. He served as an Independent Non-Executive Director of Simmer & Jack Mines, Ltd. since February 1, 2010. He served as a Director of MC Mining Ltd. from August 6, 2012 to February 1, 2014. He served as an Executive Director of Impala Platinum Holdings Ltd. from January 1999 to June 30, 2012. He served as a Non-executive Director of Simmer & Jack Mines, Ltd. and Simmer & Jack Ltd., from October 27, 2005 to December 31, 2007. He completed his articles with Ernst & Young and is a Chartered Accountant. He holds CTA (UCT) and CA(SA). Mr. Brown holds a Bachelor of Commerce from University of Cape Town.

CEO Compensation
  • David's compensation has increased whilst company is loss making.
  • David's remuneration is higher than average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team Tenure

Average tenure and age of the MC Mining management team in years:

5.8
Average Tenure
54
Average Age
  • The average tenure for the MC Mining management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

David Brown

TITLE
CEO & Executive Director
COMPENSATION
$963K
AGE
56
TENURE
5.8 yrs

Brenda Berlin

TITLE
CFO & Executive Director
COMPENSATION
$716K
AGE
54
TENURE
1.1 yrs

P. Dillon

TITLE
Chief Operating Officer of Nimag (Proprietary) Limited
COMPENSATION
$60K

Tony Bevan

TITLE
Company Secretary
TENURE
6.3 yrs

Willem Hattingh

TITLE
Commercial Director
COMPENSATION
$177K
AGE
40
Board of Directors Tenure

Average tenure and age of the MC Mining board of directors in years:

4.3
Average Tenure
56
Average Age
  • The tenure for the MC Mining board of directors is about average.
Board of Directors

Bernie Pryor

TITLE
Independent Non-executive Chairman
COMPENSATION
$70K
AGE
60
TENURE
5.2 yrs

David Brown

TITLE
CEO & Executive Director
COMPENSATION
$963K
AGE
56
TENURE
6.7 yrs

Brenda Berlin

TITLE
CFO & Executive Director
COMPENSATION
$716K
AGE
54
TENURE
1 yrs

Peter Cordin

TITLE
Independent Non-Executive Director
COMPENSATION
$46K
AGE
67
TENURE
21.3 yrs

Thabo Mosololi

TITLE
Independent Non-Executive Director
COMPENSATION
$47K
AGE
49
TENURE
4.3 yrs

Khomotso Mosehla

TITLE
Independent Non-Executive Director
COMPENSATION
$47K
AGE
46
TENURE
8.4 yrs

Andrew Mifflin

TITLE
Independent Non-Executive Director
COMPENSATION
$46K
AGE
61
TENURE
4.3 yrs

Shangren Ding

TITLE
Non-Executive Director
AGE
56
TENURE
2.5 yrs

An Chee Sin

TITLE
Non-Executive Director
AGE
58
TENURE
1 yrs

Brain Zhen

TITLE
Non-Executive Director
AGE
35
TENURE
1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (£) Value (£)
X
Management checks
We assess MC Mining's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. MC Mining has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

MC Mining Limited, together with its subsidiaries, engages in the acquisition, exploration, development, and operation of metallurgical and thermal coal projects in South Africa. The company’s principal projects include the Makhado hard coking and thermal coal project located to the southwest of Musina; and the Vele Colliery semi soft coking and thermal coal mine located to the west of Musina in the Limpopo province. Its principal projects also include three exploration and development stage coking and thermal coal projects, including Chapudi, Generaal, and Mopane in the Soutpansberg Coalfield, as well as the Uitkomst Colliery, an operating metallurgical coal mine situated in the KwaZulu Natal province, South Africa. The company was formerly known as Coal of Africa Limited and changed its name to MC Mining Limited in November 2017. MC Mining Limited is based in Mount Pleasant, Australia.

Details
Name: MC Mining Limited
MCM
Exchange: AIM
Founded:
A$62,758,999
140,879,585
Website: http://www.mcmining.co.za
Address: MC Mining Limited
7 The Esplanade,
Suite 8,
Mount Pleasant,
Western Australia, 6000,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX MCM Ordinary Shares Australian Securities Exchange AU AUD 02. Jan 1992
DB G1V Ordinary Shares Deutsche Boerse AG DE EUR 02. Jan 1992
AIM MCM Ordinary Shares London Stock Exchange AIM Market GB GBP 02. Jan 1992
JSE MCZ Ordinary Shares The Johannesburg Securities Exchange ZA ZAR 02. Jan 1992
ASX MCM NPV Australian Securities Exchange AU AUD 20. Apr 2019
Number of employees
Current staff
Staff numbers
0
MC Mining employees.
Industry
Coal and Consumable Fuels
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/20 20:51
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2019/03/14
Last earnings filing: 2019/03/14
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.