Metal Tiger Share Discussion Threads

[someuwin] 12/9/2016 10:19

Metal Tiger partners up with Saudi group for worldwide investment opportunities

07:36 12 Sep 2016

Metal Tiger has teamed up with Saudi conglomerate Al-Sharif to source mining investment opportunities in the Middle East and worldwide

Metal Tiger PLC (LON:MTL) is going into business in Saudi Arabia. The prolific mining investment company, which already has exposure across Africa, Europe, Australia and Asia, has teamed up with the Al-Sharif Group, a conglomerate primarily focussed on the generation and transmission of electricity,

But Al-Sharif also has other interests, including in real estate, and the plan now is to broaden its investment base into mining.

The idea, according to Metal Tiger, is to “explore mining and related financing opportunities globally, in the Gulf Cooperation Council (GCC) region, and in Saudi Arabia specifically.

In one sense, it looks as though Metal Tiger has found itself a powerful new backer for its own ideas.

But in another sense, Metal Tiger may now be poised to become one of only a handful of companies successfully to crack the Saudi mining scene.

KEFI Minerals (LON:KEFI) has shown that success in Saudi is possible, when combined with significant patience. As a country, Saudi Arabia is highly prospective for gold and base metals but remains significantly underexplored as the emphasis has hitherto been on oil.

But with the oil price weakening, the power of OPEC diminished, and US shale now coming to the fore, the Saudis are becoming increasingly keen to diversify their economy.

Metal Tiger looks to be the ideal partner for Al-Sharif: it’s hungry, it has experience, its agile, and it’s of a size and scale that’s unlikely to get in the way of the Saudi company’s own larger agenda.

Under the terms of the memorandum of understanding signed between the two companies, Al Sharif has undertaken to help Metal Tiger access capital from the Gulf Cooperation Counci region and to explore project-level joint venture and co-investment opportunities.

There is also talk of creating an independent, London-listed UK vehicle which will contain the joint venture projects and/or investments that the two partners come up with.

That would be an intriguing proposition, because although Metal Tiger has emerged as an active and influential investor in several vehicles that are already listed in London, including Eurasia Mining plc (LON:EUA) and Greatland Gold PLC (LON:GGP) to date it has not listed any of its own vehicles or indeed spun out any of its investments.

In particular, Metal Tiger has significant exploration and development operations in Thailand and Spain which are subject to a reasonable amount of independence of manoeuvre.

The Saudi partnership has big money behind it so it will be a good test run, but given this statement of intent it would not now be surprising in the future to see other new Metal Tiger spin-outs hitting the market too.

“The enthusiasm demonstrated by ASG to develop its interests in mining activities is very clear to us and we welcome this collaboration with them that we trust will yield tremendous mining finance and project opportunities for both parties,” said Metal Tiger chief Paul Johnson, following the news."

[yanikto] 12/9/2016 09:58

Another piece of vapour news! ASG is not even in mining!

This is more evidence that MTR have no special project investment skills.

Did they meet the ASG CEO in a pub in Thailand or something?

[gaaston] 12/9/2016 09:06

PWhite @ 73, methinks you're one of those people who finds it terribly hard to smile: even once in a week :(

[pwhite73] 12/9/2016 07:50

I wouldn't see anything into it whatsover. All they're after is the name Saudi Arabia linked to MTR. The Saudis sign these MOUs with thousands of companies all over the world.

If you want to see how far an MOU with the Saudis can get you look at Kefi Minerals shareprice.

[someuwin] 12/9/2016 07:11

12 September 2016

Metal Tiger Plc

("Metal Tiger" or the "Company")

Memorandum of Understanding Signed with Saudi Group

Metal Tiger plc (LON:MTR) the London Stock Exchange AIM listed investor in strategic natural resource opportunities is pleased to announce that it has signed a Memorandum of Understanding ("MOU") with Al-Sharif Group ("ASG") based in the Kingdom of Saudi Arabia ("Saudi Arabia") to explore mining and related financing opportunities globally, in the Gulf Cooperation Council ("GCC") region and also Saudi Arabia.

Key points of MOU:

-- MTR and ASG to explore project level joint venture and/or

co-investment opportunities with MTR both regionally and

internationally;

-- ASG and MTR to consider access to capital from the GCC region for

mining related opportunities;

-- MTR to support ASG in developing its base of contacts and access to

relevant quality expertise in the mining sector;

-- ASG to introduce attractive mining opportunities in Saudi Arabia, the

GCC region and possibly globally through its local and extended

network of contacts;

-- ASG to work with MTR to enhance awareness in the GCC region and in

particular Saudi Arabia of investment opportunities in mining; and

-- MTR and ASG to discuss the viability of a UK listed

investing/operating company focussed on mining opportunities globally

but with a focus on Saudi opportunities.

Paul Johnson the Chief Executive Officer of Metal Tiger commented: "We are very pleased to announce this MOU with ASG which provides a portal for Metal Tiger to access capital and new opportunities in Saudi Arabia, the GCC and globally.

The enthusiasm demonstrated by ASG to develop its interests in mining activities is very clear to us and we welcome this collaboration with them that we trust will yield tremendous mining finance and project opportunities for both parties.

Members of Metal Tiger senior management will be visiting Saudi Arabia in the near term to advance this partnership and the parties will also be engaging in London in due course.

Further information will be provided in respect of this MOU and the activities undertaken at the earliest opportunity."

Al-Sharif Group - Background Information

ASG is a leader in Saudi Arabia in providing energy through distribution and transmission and has an established presence in Saudi Arabia, with over 1,400 employees, 35 years of experience and having completed 73 projects for over 3,500 KM of transmission lines across Saudi Arabia. ASG's divisions include Civil Works, Power Generation, Over Head Transmission Lines, Under Ground Cabling and Substations Testing. ASG also has an investment & real estate management division. ASG have completed projects for the Kuwait Ministry of Electricity, Saudi National Guard, Saudi Royal Commission, Saudi Arabian Airlines, Saudi Ministry of Education, Saudi Electricity Company amongst others.

[someuwin] 09/9/2016 13:46

Metal Tiger ‏@metaltigerplc · 49m49 minutes ago

#MTR will be on Twitter today at 6pm answering questions. Please tweet any questions or email [e-mail]

[manics] 08/9/2016 17:33

Metal Tiger Anthem.

Paul Johnson -Get Get Down (the Dilution & Warrants remix):

[manics] 08/9/2016 17:18

So much commentary about the state of capitalism. QE. Helicopter money. Negative interest rates. Yet the epicentre of capitalist abomination imo is the current market cap of MTR -which is too high by a factor of 60 imo.

How has this been allowed to happen? Who facilitated it? How can we stop it happening again? Who is accountable?

[billionaire1] 08/9/2016 17:10

any thoughts on which dog m t r will be buying next
getting a bit like backing every horse in every race but the only winner is the bookie

[someuwin] 07/9/2016 15:28

Maiden Resource Estimate in 3 to 4 weeks.

Can't see many selling in the run-up.

Can see many buying in the run-up.

Result - the share price will rise over the next 3 to 4 weeks.

[andrbea] 07/9/2016 13:37

posts (MOD, asx)


Sep 6
Sure @hammer-time. And those assay results to come any day to give a clearer picture of T3.
Also due this month are the metallurgical tests on a range of T3 ore types.
Things hotting up in the Kalahari :)

And on Sep 1

staffandkit is correct, the value lies in the resource, which is likely to come in as around 500,000t of Cu at a grade of 1.4-1.5% (not including Ag). Cant beat simple maths. All within 200m of surface. Ive said this before, but for the goldies that equals 2MOz at a grade of 1.9-2.0 g/t AuEq (for some perspective). Imagine if a west aussie gold developer had an open-pitable resource like that, they would be +$500m market cap....

Take Dacian Gold, who released a scoping study mining 493,000Oz of open pit resources at a grade 0f 1.36 g/t Au, and 818,383Oz of underground resources at a grade of 5.37g/t Au. They would be producing 220,000Oz per annum at an AISC of $929 per Oz. Open pit strip ratio is 6.5:1

Dacian Market Cap - $442million.

Perhaps its because copper is in the doldrums, and gold is flying high, but for me MOD is still very undervalued.

If anyone wonders why there is support at 5.0c, its probably me.

[andrbea] 07/9/2016 13:37

posts (MOD, asx)


Sep 6
Sure @hammer-time. And those assay results to come any day to give a clearer picture of T3.
Also due this month are the metallurgical tests on a range of T3 ore types.
Things hotting up in the Kalahari :)

And on Sep 1

staffandkit is correct, the value lies in the resource, which is likely to come in as around 500,000t of Cu at a grade of 1.4-1.5% (not including Ag). Cant beat simple maths. All within 200m of surface. Ive said this before, but for the goldies that equals 2MOz at a grade of 1.9-2.0 g/t AuEq (for some perspective). Imagine if a west aussie gold developer had an open-pitable resource like that, they would be +$500m market cap....

Take Dacian Gold, who released a scoping study mining 493,000Oz of open pit resources at a grade 0f 1.36 g/t Au, and 818,383Oz of underground resources at a grade of 5.37g/t Au. They would be producing 220,000Oz per annum at an AISC of $929 per Oz. Open pit strip ratio is 6.5:1

Dacian Market Cap - $442million.

Perhaps its because copper is in the doldrums, and gold is flying high, but for me MOD is still very undervalued.

If anyone wonders why there is support at 5.0c, its probably me.

[someuwin] 07/9/2016 13:15

"...The next major newsflow event could come from Botswana, where MTR and JV partner MOD Resources plan to announce a maiden resource statement on Target Area 3. Details on the viability of a potential open pit mine could follow by the end of 2016 as part of a scoping study evaluation. Drilling results from Target Area 3, have returned high grade copper samples from a resource envelope that is at least 1km wide. Early results from Target Area 2 are also encouraging. The licenses on the Kalahari Copper Belt lie enticingly adjacent to copper/silver deposits and mine workings formerly held by Discovery Metals that attracted US$830m acquisitive interest from a Chinese sovereign wealth fund in 2012. In addition to advancing the project to the next stage through a resource definition, which should hopefully be reflected in an improved MTR share price, the Group may also benefit from its equity investment and leveraged option position in ASX listed MOD Resources."

[manics] 07/9/2016 12:02

8)

GL someuwin.

[someuwin] 07/9/2016 11:55

Monkeys or no monkeys. I'm calling a big rise here before end of September!

[someuwin] 07/9/2016 11:32

New Broker Note with 10.4p target.

Metal Tiger ‏@metaltigerplc · 1h hour ago

Dowgate Capital today issued an updated broker 'Buy' note on #MTR with a revised target price of 10.4p (prev. 8.3p).

[someuwin] 07/9/2016 11:01

Now is the time to buy some MTR imo.

Could see 75% - 100% gain by end Sept. Or more!

[someuwin] 07/9/2016 09:34

...As well as KIBO finally starting to take off.

[someuwin] 07/9/2016 09:32

Say whay you like about PJ/MTR I do think the MOD resources J/V Copper find in Botswana could be very significant.

I suggest the share price could rise strongly ahead of maiden resource estimate in a few weeks time...


"We are pleased that with the receipt of these two batches of assay results, comprising a further 8 significant copper intercepts, and with all remaining sample assays currently pending at the laboratory, the T3 Resource Estimate is on track to deliver. Preliminary floatation studies on composite samples from T3 have also proved encouraging, leading to further flotation work as part of the metallurgical testwork on the T3 deposit.

We will continue to provide further results as they become available ahead of releasing details of the maiden Resource Estimate due end of September."

[uknighted] 07/9/2016 08:55

Well I for one enjoyed the PJ MTR ride from .4p to 4.9p in March this year.

[manics] 07/9/2016 08:46

I mean this is just absolutely supreme:

"Whilst the market fails to recognise the value and potential of companies like Red Rock, Metal Tiger will continue to accumulate"

-everybody is wrong, apart from Paul Johnson.

>>>PJ RAMP MODE ACTIVATED<<<;"Recent history has taught the market that share prices of resource companies perpetually decline, however a slightly longer historical view demonstrates we are in a cyclical business and the upside swings can be as impressive as the downside falls are demoralising".

Investors in Paul Johnson certainly know all about demoralising.

[paleje] 06/9/2016 07:35

MOD up 13% overnight.