The ASX listing follows an initial public offering to raise up to $73.5 million through the offer of up to 49 million shares.

The MAC – which stands for Marley Accommodation Centres, a play on the Marley trust that represents the interests of executive chairman Kevin Maloney – has a fairly unique offering in the minesite accommodation market. While other companies will manage accommodation or build the accommodation units, The MAC can do it all from buying the land for the village, to getting the council approval, through to building, managing and maintaining the accommodation.

Other companies such as Spotless are looking to add this sort of offering to their arsenals. Spotless manages and maintains accommodation villages for mining companies and is looking to take that service a step further.

Maloney told Australia’s Mining Monthly that the company would be using some of the funds it had gained from the listing to further its expansion plans into Western Australia.

Besides its WA expansion plans, The MAC will also use the funds from the IPO to pay down debt.

At the moment The MAC operates solely in Queensland but Maloney said he was well aware of the opportunities for the company in the west.

Maloney has experience with the WA mining market. He was involved with Elders Resources when it had an involvement in the state in the 1980s.

That Elders Resources link is shown with former Elders Resources managing director Geoff Lord sitting on The MAC’s board. Other directors include Queensland lawyer John Taylor, former head of JP Morgan (London) Australian Equity Sales Mark Maloney, and Transfield Services Infrastructure Investments CEO Darce Corsie.