Share Name Share Symbol Market Type Share ISIN Share Description
Metal Tiger LSE:MTR London Ordinary Share GB0030493232 ORD 0.01P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.05p -2.33% 2.10p 2.05p 2.15p 2.15p 2.075p 2.15p 1,585,544 08:57:40
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 0.0 -0.7 -0.1 - 22.25

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Trade Time Trade Price Trade Size Trade Value Trade Type
08:57:372.10142,6192,995.00O
08:52:112.10300,0006,300.00O
08:49:582.09100,0002,085.00O
08:49:022.10250,0005,250.00O
08:48:552.05153,7973,152.84O
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Metal Tiger (MTR) Top Chat Posts

DateSubject
13/12/2017
08:20
Metal Tiger Daily Update: Metal Tiger is listed in the General Financial sector of the London Stock Exchange with ticker MTR. The last closing price for Metal Tiger was 2.15p.
Metal Tiger has a 4 week average price of 1.93p and a 12 week average price of 1.65p.
The 1 year high share price is 3.45p while the 1 year low share price is currently 1.33p.
There are currently 1,059,665,871 shares in issue and the average daily traded volume is 5,837,269 shares. The market capitalisation of Metal Tiger is £22,252,983.29.
08/12/2017
21:54
lazygun: MTR’s current share price (or rather lack of upward momentum) is only really of concern to short term holders. Long term holders know that there is an obvious disparity between what Mtr ought to be valued at, compar3d to what it is currently valued it. The. Again, as we all know, the market is always right, and therefore the current price is right. For me, it’s just a continual buying opportunity. My personal view is that the Botswana asset as they uncover more and more resource (and I believe that they will find more resource that will dwarf what t3 is at present), will only enhance the true value of that asset, and in time , the market will catch on. Meantime, I will already have completed filling my long term position, and am happy to wait for the rest of the market to come to the same realisations about Mtr as I have. At that point, the market will re-establish what the right price for Mtr is (hopefully much much higher than it currently is). How long that will take, I have no clue, but I think the pressure is building on several fronts; 1) the increasing size of the Botswana asset 2) the increasing commodity prices. I believe the like of copper, lithium, cobalt, nickel, zinc, not to mention gold and silver are set to embark upon a bull cycle which will last several years. ( I also think the only things that might cause that to falter, are the developing situation with North Korea, and the possibility of significant unrest breaking out in the Middle East, with this latest decision from Mr Trump) 3) the increases being seen in the trading arm of Mtr 4) the unfolding story at kcn which as I say, I believe is a win-win for Mtr, no matter how the egm vote goes in January 5) the impending float of kemco (main blocker I see here is whether the Thai govt will include the to be kemco assets within the Thai mineral mgt master plan) 6) news from Spain 7) a board that so far have done what they’ve said they will do, seem to continually demonstrate their commitment to existing shareholders, and to do everything they can to preserve existing shareholder interests ( all fund raises have been done with as minimal dilution as possible. I like this very much), and I hope that they continue to adopt that approach if they find they need to raise funds in the future. They also appear to be quite shrewd investors.... There are I am sure other risks to counter the above, and I certainly don’t intend the above to present a “rosy”picture for Mtr, but I do see the upside as being much greater than the downside, and more likely to occur as well... L.
28/11/2017
22:47
lazygun: I don£t see Thailand as being that risky. They haven£t put a significant amount into the ipo, and at present own the assets. The ipo was just a means to unlock the value that is currently £hidden£. Ref Kingsgate, from looking at their aggregated purchases, I believe they£re not far off doubling their investment, if they just sold the shares. If their mgt takeover fails, I£m sure they£ll probably do just that. I can£t see what else will drive down the price to the point that Mtr will lose money on that deal. If it works, who knows. If I£ve read kingsgate£s reports, they have around $38 mill in cash (happy to be corrected here), and a Chilean asset. A mgt takeover, rather than an outright bid for kcn seems like a very smart move to me. I think what is dragging on mtr£s share price right now is the continued delay over the revised pfs (now turning into a 2month delay), plus the remaining share options to be exercised in December. But, we do know that the t3 pfs is likely to be bigger, and more profitable than originally estimated, and we know that the current copper price is higher than the original best case price quoted in the original t3 pfs, so, it£s a given that the npv is now higher. Mtr£s other investments seem to have so far been very shrewd investments, and they£ve planned their exits meticulously to maximise returns to plough into other opportunities. The mgt generally speaking seem to have stuck to their word, looking after shareholder interests as best they can. They can£t control the share price obviously as that is down to the market, but they have so far not done any discounted placings, and they haven£t done very many placings either. I think the market is still significantly undervaluing mtr£s assets, and by association their current mkt cap, and share price.... mtr£s story for me just continues to get better and better as far as I can see... L.
20/10/2017
10:40
x54v: Although most PIs have a tendency to chase moves up, dips like these usually present an excellent opportunity to get on board. At 2.55p to buy you can get in much cheaper than the 3p Sprott paid for £4.85 million worth of stock earlier in the year. Sprott is one of the leading experts in the resource investment field and they see the huge potential on offer here, hence the large committment. Rick Rule has had many a multi-bagger in his time. He knows a good investement when he sees one. Https://investegate.co.uk/metal-tiger-plc--mtr-/bus/sprott-private-placement-closes-raising--4-85m---/20170421101600Z2096 On top of that we have the recent announcement that Terry Grammer, an expert in his field, is happy to convert his warrants and take on £480k worth of stock. Https://investegate.co.uk/metal-tiger-plc--mtr-/bus/director-warrant-conversion/20171011133300Z3792 Assay results are due any day now and could be excellent and drive a significant price move. The RNS text certainly hints as much: "Very excitingly, 50m wide zones of visible copper mineralisation have been logged in core from four holes drilled along strike from the current T3 Mineral Resource. We eagerly await the assay results from these holes, and other holes, which point to the potential for major strike and down-dip extensions to the current Resource." Https://investegate.co.uk/metal-tiger-plc--mtr-/bus/potential-major-strike-extension-botswana-coppe---/20171003070600Z3236 The share price has been rising very strongly on good volume recently. Short term dips present a good opportunity to get on board the great story here.
08/3/2017
07:18
temmujin: What a Buy signal!Today 04:37Welcome MiningBookGuy Loved the video too. In it you mentioned how MTR might be a better investment than MOD right now, given the possible under-valuation of MTR. I'm not about the run down MOD, but here are some numbers that hopefully illustrate just how undervalued MTR is at present (based on MOD at 6.9c - I see it's just ticked up to 7.0c): MTR owns 30% of the JV; and owns 5% of MOD, through its shareholding. All of MOD's share price growth since last March is based on exploration results from the Botswana JV area. MOD's current MCAP is $112.5m or £69.7m (using 0.62 AUD to 1 GBP). - If we assume MOD is "correctly priced" then MTR's 5% share is worth £3.5m - If we assume 90% of MOD's MCAP relates to the Botswana JV, then the MOD 70% is worth £62.8m - On that basis, the MTR 30% of the JV is worth £26.9m (£62.8m * 30/70) - That gives a total MTR MCAP of £30.4m just relating to Botswana (£3.5m plus £26.9m). MTR's current MCAP is £17.9m, which means the market is valuing it at £7m less than the estimated value of its share of the Botswana JV alone; and valuing its interests in Thailand, Spain and Russia at zero; and ignoring MTR’s holdings in about ten other mining companies which, together (based on their own MCAPs), are valued by the market at about £2.5m. A good value investment case, I think. Casey
23/1/2017
14:33
dr jekyll: We are seeing several of MTR's investments moving up very recently. ECR currently up 39%, THR up 22% just now as well as GGP which has been up and down now up 12%. Won't do any harm to the MTR share price.
27/11/2016
13:26
sweepie2: An astonishing RNS late yesterday detailing a potential shocking offer for Metal Tiger (MTR) by BMR Group (BMR) has left me, and many of their respective shareholders, scratching our heads. Alex Borelli is the CEO of both companies – what the hell is playing at? The Metal Tiger RNS came out an oddly-timed 4.20pm yesterday and stated: “The Board of the Company announces that it has received an indicative offer for the Company ("the Indicative Offer") from BMR Group plc ("BMR"). This process is at an early stage and there can be no certainty that an offer will be made for the Company. The Indicative Offer is an all share offer whereby it is proposed that Metal Tiger shareholders will receive 0.231 BMR shares for every 1 Metal Tiger share that they own. Based on the closing share prices of Metal Tiger and BMR as at 24 November 2016, the Indicative Offer represents a discount to the closing price of Metal Tiger shares on 24 November 2016.” BMR has until 23 December to firm up its offer but the statement didn’t say much more than that. So…..let me try and get my head round this. Alex Borelli is the CEO of both BMR and Metal Tiger, having only taken on the latter role relatively recently from 10 October. On that date, Metal Tiger closed at 3.13p, valuing the business at about £19 million. Then about six weeks later, as CEO of BMR he makes an offer for Metal Tiger, which as at Friday’s closing prices values Metal Tiger at about £7 million. What on earth is he thinking? He must realise that the fact that he is CEO of both companies means that there will be much closer scrutiny of any deal. On what basis can he imagine that the Metal Tiger shareholders would appreciate an all-share deal, in a connected company, at a significant discount to the current share price? Who would sign up to that? No-one, particularly as there was no stated strategic rationale as to why this could benefit the Metal Tiger shareholders in the long-run. I don’t think I’m being overly cynical but the only thing I can take from all of this is that in the last couple of months Alex Borelli has had a good look at the Metal Tiger assets and thought: “OMG, The Metal Tiger shareholders must be furious with this potential destruction of value in such a short timeframe and, amazingly, I imagine some of them are clamouring for the glory days of Paul Johnson at the helm. The other oddity here is the response of the BMR shareholders. BMR traded as high as 6.2p on Thursday morning but then started to decline fairly dramatically and was down around 5p late yesterday afternoon. I imagine that it was this share price movement that forced BMR’s hand, hence the rather rushed nature of the statement. Further selling carried on after the announcement with the BMR share price closing at 4.625p. It does smell a bit as if some of the BMR shareholders had got an early sense of this deal brewing and decided to vote with their feet from Thursday morning onwards although can’t imagine that sort of things goes on in the lower reaches of AIM, does it? Despite the offer being made at an arguably low price, they clearly don’t want the Johnson eclectic mix of shareholdings in micro-cap miners and some early-stage plays in Botswana and Thailand when BMR is closing in on producing from its own assets. Often with M&A, when a deal is first announced, one share price will go up, usually the target, and the other can initially go down as its shareholders may be concerned about overpaying for the business or worried about the strategic fit. In this case, both shareholders seem equally unhappy! From here, I cannot see how Alex Borelli comes out of it with any credit whatsoever. It’s hard to see how this deal can reach fruition on the terms outlined in the indicative offer. It definitely wouldn’t complete following that shareholder reaction if it were taking place between larger listed entities, although Elon Musk could probably get away with it, but I guess AIM is its own world with its own rules and one should never say never. In any event, Borelli needs to make a follow-up announcement very quickly, ideally at 7am on Monday, setting out a clear view on why this deal, albeit at an early stage, has potential strategic benefits for both parties as otherwise I can see the Metal Tiger share price taking a beating first thing. Somewhat amusingly, or fortuitously perhaps, Alex Borelli is meant to be presenting at a Share Talk evening tonight so it will give some shareholders a chance to get a few things off their chest and perhaps he will be able to explain this crazy-looking deal. I hope he doesn’t pull out at the last minute hiding behind some takeover code nonsense. - See more at: hxxp://www.shareprophets.com/views/25532/metal-tiger-and-bmr-deal-wtf-is-borelli-thinking#sthash.cj8mIOIr.dpuf
07/9/2016
12:15
someuwin: "...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."
02/4/2016
17:19
lazygun: Dixi, Mtr stock, and it's current share price trajectory is absolutely driven by sentiment towards it. But this is true of any stock. It's supply and only thing that is different between this and say a ftse 100 business, is the reasons behind that positive sentiment, and hence buying. In the case of the latter the reasons would be more based around fundamentals, and prospects for growth of profit, sales, tight mgt of costs, possibly forecasted improvements in dividend growth and so on. I the. Are of Mtr, that sentiments is carved from faith in terry grammar, and faith in the nature of the projects that Mtr are getting involved in, and also other things such as the board's behaviour and treatment of its existing shareholder base. 1) Mtr bod are highly communicative, and actively encourage interaction with investors 2) so far when they've conducted placements, they have had the least dilutive effect, as they have generally been at the prevailing price of the stock, the placing deals are simple (Ie compare mtr's placings with the hugely complex, confusing and ultimately share price destructive nature of the crede financing deal with vast resources). Even warrants have been granted at. Premium to the prevailing price at the time. I have 3 concerns with Mtr ( I am a holder of the stock, since it was previously Brady, so I'm massively in profit right now). 1) I'd like to see Mtr develop a self sustaining low cost, highly cash generative business to ensure there is no further need for placings.... 2) how do you value mtr's assets in a sensibLe fashion, so that you can more sensibly value the company? 3) how will Mtr unlock the value of these assets for the benefit of their shareholders, and in one sort of timeframe? Botswana for example, the hydrothermal layer - the porphyry. According to some survey diagrams I've seen, suggest that the zone could be up to 25 km long, by 5 km wide. If you take I don't know, even say a 3km section of that, by a half kilometre width section, and assume just a 15 m depth copper mineralisation chunk, and apply a 1% grading which would be in line with other deposits in the kalahari region, and then apply the copper density figure, to that cubic meter volume, to get an approximation of tonnage of. Copper, and then multiply that by the price of copper per tonne, you can arrive at a figure that is in the trillions, yes trillions, of dollars in value. But who knows, maybe it's a much smaller chunk of copper, or maybe it's much bigger. We won't know u til they've detailed drilling over a very large area. But you see this asset alone has the potential to turn Mtr into a multi- billion pound company all on its own, the again, there may be only a small amount there, in which case sentiment would turn against the stock, and it could drop sharply. But , a 30% interest in a trillion dollar asset, could afford an opportunity for Mtr say to sell their rights ( with mod of course), possibly hundreds of millions , or perhaps even into the billions, to a much bigger mining company for example... If that were the case, mtr's share price would catapult into the pounds per share, instead of the pennies per share... Still - all speculation at this point.... Even on the 20 th , we won't know the true sie of what they've got there ... But you can see why there is so much interest, and tht's not forgetting their Thailand interests, which include a mine, processing plant, and related infrastructure that needs some money spent on it, to dust it off, and get it producing again.... And then there Re all their other interests too... L.
02/4/2016
09:05
pwhite73: 1000954 I openly confess to lacking in many things but education is not one of them. This time last year MTR share price was priced at 0.875p and there were 270,372,462 shares in issue giving a market cap of £616k. One year on MTR has a market cap of £22 million whilst investing during one of the worst periods for mining stocks in the last decade. So where has the additional £21.4 million market cap come from? I will tell you. It has come from the consummate skills of Paul Johnson to deliver shareholder value by selling the MTR story to private investors. It has not come from any of the mining investments or activities MTR are involved in for they all have zero commercial value. This house will come tumbling down and soon. I will not be posting here for much longer so please make the most of me whilst I am here.
06/5/2015
09:24
howdlep: MTR have an excellent business model based on initial investments that do not dilute existing shareholders, combined with warrant options priced on exploration success. They then trade their positions and reinvest their profits (eg KIBO average selling price 5x initial investment), often allowing a free warrant conversion. EUA will be their next big success imo, although AAU and of course KIBO have the potential to reward investors handsomely. Now let's see if the MTR share price breaks 1.20p in the very near term
Metal Tiger share price data is direct from the London Stock Exchange
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P:40 V: D:20171213 09:19:39