MC Mining Ltd (ASX:MCM): announcements explained, share price

Announcements, explained

Each one in plain English, with the numbers worked through for a shareholder.

31 Jan 2006quarterly activities report▲ Good

December 2005 quarter: shares began trading on London's AIM on 16 December; six-month profit before interest and tax A$680,000. Holfontein coal (GVM 49%) scoping study shows 56 million tons indicated resource, 41% IRR and A$19 million NPV for GVM's share.

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