Metal Tiger Share Discussion Threads

[temmujin] 18/12/2016 15:42

eagerly awaiting the MOD announcement tonight...blue monday looks nailed on

[mbmiah] 17/12/2016 20:59

Nobody wants to talk about a falling stock, sorry fallen grrrr - that is why the tiger is roaring

[temmujin] 17/12/2016 11:03

the thread is very quiet considering imminent announcement from MOD...its like everyone wants MTR off the radar?

[the stigologist] 16/12/2016 22:50

paul johnson ‏@pauljohnson9691 Dec 8
Market very subdued in resources. Confidence levels low. From a dearth of positive sentiment in a market interesting things often occur.


yeah a discounted dilutive placing is real 'interesting'
but i guess if it pays for your five star hotel stays, first class travel, inflated salary it is 'interesting' to you even if you basically have knicked that money off mug punters

[temmujin] 16/12/2016 20:38

Metal Tiger ready to roar
Share
12:45 14 Dec 2016
The board is settled and the company is looking to press ahead with its various projects

INVESTMENT
OVERVIEW: MTR
THE BIG
PICTURE
The eye of the Metal Tiger...
Boardroom reshuffle

Metal Tiger PLC (LON:MTR) has reshuffled its boardroom a couple of times in recent months following the departure of Paul Johnson and then Alex Borelli as chief executive.

Borelli left after another company at which he is CEO, BMR Group (LON:BM), failed with a takeover bid of Metal back in November.

Johnson is now back on the board but as a non-executive director, while former chairman Terry Grammer has also taken up the same position.

Michael McNeilly is now the man in the driving seat as chief executive, with the rest of the board comprising Charles Hall as chairman and Keith Springall as finance director.

The projects

Metal’s “core projects”, as management refers to them, are its two joint ventures: a copper project in Botswana and a lead-zinc-silver project in Thailand.

The company has a 30% stake in the Kalahari copper belt project, with the other 70% belonging to its partner, MOD Resources (ASX:MOD).

The two have worked together to rapidly develop the T3 deposit at the project, and has already had a scoping study released for it despite only being found in March.

VSA Capital estimates that the deposit has a net present value of US$170mln on a 100% basses, following an initial outlay of US$135mln.

The low-cost (VSA estimates an average US$2,690 per tonne over the nine year mine life) open pit mine at T3 will exploit an initial 28mln tonne resource with a grade of 1.24% copper.

There are also satellite deposits at the project, which could lead to future exploration and expansion potential.

In Thailand, Metal Tiger has an effective 78% interest in a silver-lead-zinc project, which has become more attractive given the surge in lead and zinc prices this year.

VSA reckons the project has “strong cash flow potential” and attractive returns with a net present value of US$44mln.

A lot of the mine’s original underground infrastructure and processing plant remains in good order, which should mean that starting the project back up again is a relatively low-cost affair.

The firm is currently going through the permitting process in the country to try and get a mining licence as well as exploration licenses on some of the surrounding areas.

While these two represent the company’s primary focus at the moment, it also has interests in Spain, Russia and Tanzania.

Asset trading

To try and generate some cash flow, Metal Tiger also has an Asset Trading division and has a stake in several natural resources companies, the returns from which are put straight back into its own projects.

The current investment portfolio includes the likes of Goldstone Resources (LON:GRL), Red Rock Resources (LON:RRR), Greatland Gold (LON:GGP) as well as several other.

What the boss says

“The board believes that these projects [Botswana and Thailand] hold significant value which is considerably in excess of the current market capitalisation,̶1; chief executive Michael McNeilly said recently.

“Metal Tiger now has the business model and cash resources to push ahead with key projects and the board is committed to growing the inherent value in the company’s portfolio and demonstrate the significant value that can be added by careful dedicated investment into the Metal Projects division.”

What the brokers are saying

“Given the strong cash flow generative potential of both core assets in Thailand and Botswana, which on a 100% basis have post–tax net present values ofUS$44m and US$170m respectively, we believe that Metal Tiger, is currently trading significantly below its net asset value,” say analysts at VSA Capital.

“Despite a strong turnaround in commodity prices - particularly base metals - during 2016, little credit has been reflected for the development of what are, in our view, attractive assets."

The broker has the shares as a ‘buy’, with a price target of 5.68p.

The share price

It’s been a bit of a rollercoaster year for Metal Tiger shareholders. The stock came into 2016 valued at less than a penny a share, before rising sharply in March and April.

At one point in spring, shares were exchanging hands for almost 6p, but they've fallen from those highs since.

It now trades at around 1.5p per share, which gives the company a market cap of £10mln.

[temmujin] 16/12/2016 20:19

I think there could be fireworks monday when MOD make an announcement...

[temmujin] 16/12/2016 20:16

did borelli make a silly offer to get the share price down because they know there is a bigger offer coming? interested parties on site...now lets see what they offer for T-3

[dr jekyll] 16/12/2016 16:28

There is some real nonsense being posted on here at times.

[paleje] 16/12/2016 16:16

What's the actual mechanics of this 'pumping and dumping', nerdo? Can you spell it out how they've been/are doing it here?

I mean, placing at 1.5p, directors take part. Johnson and missus, Parry, Borelli, Grammer and his missus too, all already have bought shares at well over that price.

When have they been dumping? I haven't seen one RNS of any of that lot reducing their holdings are you suggesting they're not reporting their sales, and in any case why would they do it at a loss?

Unless you know how it's been done, and can explain it, it's just meaningless.

[nerdofsteel] 16/12/2016 14:56

Like QPP, Kibo and many others, pumped (whilst being dumped) and like of all them just prior to xmas

I will be buying again in early January at sub 1p

[temmujin] 16/12/2016 13:43

looks like a cash offer for T3...could multibag monday...wouldnt want to be out over the weekend

[barnetpeter] 16/12/2016 13:26

Interesting I agree but the constant fall in the share price suggests a lot of stock is looking for a home. Maybe 1.2 would be a decent price to invest?

[the stigologist] 16/12/2016 12:04

How come Paul Johnson is involved with so many other companies ?

How do MTR shareholders know he will do best for MTR shareholders or CAF or RRR or RGM etc etc shareholders ?

[temmujin] 15/12/2016 23:20

$6m to $800m...same will happen here or it will be taken over by the big boys for $100m plus very soon

[temmujin] 15/12/2016 23:15

Mr Julian Hanna (Managing Director)
Mr Hanna is a geologist with over 35 years' experience in a wide range of activities including project acquisitions, exploration, development, mining and corporate growth. This includes 15 years in senior management roles with a number of gold mining companies in Western Australia. Mr Hanna was the Managing Director of Western Areas NL for 12 years before stepping down from that position in January 2012. He was a co-founder of Western Areas and led the company during its transformation from a $6 million junior explorer to become Australia’s third largest nickel mining company capitalised at more than $800 million. Mr Hanna is a Non-Executive Director of Western Areas NL and Mustang Minerals Corp. Mr Hanna was appointed Non-Executive Director on 22 January 2013 and then appointed Managing Director on 19 March 2013.

[the stigologist] 15/12/2016 13:52

Reverse 100 bagger since he took over ECR



Paul Johnson share price destruction track record

[the stigologist] 15/12/2016 13:42

Here we go down towards the real placing price of 1p

[dr jekyll] 15/12/2016 12:16

EUA is waiting for announcements that are very likely to increase their share price considerably. Their thread is also very informative. If their value does increase as expected by some serious investors there then MTR will obviously benefit.