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
  +0.10p +6.78% 1.575p 1.50p 1.65p 1.675p 1.50p 1.55p 15,854,821.00 15:16:27
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 0.0 -0.6 -0.2 - 10.41

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Metal Tiger (MTR) Discussions and Chat

Metal Tiger Forums and Chat

Date Time Title Posts
09/12/201617:48Metal Tiger - Earning its stripes!5,129.00
07/7/201611:05Metal Tiger team talk about the company’s operations14.00
03/5/201622:22Metal Tiger - A safe sell at 5.5p says the sagacious fellow39.00
03/5/201622:22MTR Corp. of Hong Kong : Transport beyond Suburbs4.00
03/5/201622:21Metal Tiger PLC1,375.00

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Metal Tiger (MTR) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
16:51:501.50667,23410,008.51O
16:14:011.5763,136992.50O
15:56:061.52500,0007,585.50O
15:55:261.57500,0007,825.00O
15:51:141.5719,059299.99O
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Metal Tiger (MTR) Top Chat Posts

DateSubject
09/12/2016
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 1.48p.
Metal Tiger has a 4 week average price of 2.07p and a 12 week average price of 2.54p.
The 1 year high share price is 6.48p while the 1 year low share price is currently 0.73p.
There are currently 661,132,669 shares in issue and the average daily traded volume is 11,669,093 shares. The market capitalisation of Metal Tiger is £10,412,839.54.
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
07/11/2016
15:52
lazygun: Think the share price falls are greatly overdone, but it's typical of many shares of this type. In the absence of new news, the price just gets carved away at. I'd be more concerned if the volume of shares traded was higher, but it's pretty small, and seems relatively even handed between buys and sells.... Looks more to me like a sign of divergence shaping up in the next couple of months. Current level is a support level, but if it does drop through that, guess it could drop back down to the 1p -1,5p area. Undoubtedly though Mtr must be seen as a much higher value proposition than when it was in its 0.8 to 1p trading range. Paper value of bots interest is somewhere around the. $600million mark alone, and that's just the 1% of the area that they've drilled to date. If the other areas where they have anomalies which are several times the size of th anomalies first associated with t3 bear out, the future value of the bots interest could dwarf the present paper valuations by an order of magnitude higher than current.... Then of course there's the Thai mining interests. From recollection, PJ indicated a 2 year timeframe to bring the mines back into actual production, with approx 13 year mine left in, based on current resource estimates there, so, if those estimates can also be increased as they have indicated the possibility of, long term cash flow for MTR should be fairly easily resolved. Seems to em that they have sufficient cash to last that long... then of course there's the Spanish interests which we still don't have I believe as clear a view on their size, although passing comments around those interests suggest they are of sufficient size in their own right that they could stand as a separate company - so perhaps a spinoff for those in the offing? Then there's the recent mou with the middle eastern parties. It wouldn't surprise me at all to see some form of stake taken by them at some point, maybe in market, or probably more likely in the form of additional capital raise at/around current share price, whatever that may be in the future. And of course let's not forget metal nrg. All been very quiet on this one, but again passing comments suggest something likely to be in the offing with that venture before to long. Overall, my own view is this represents a buying opportunity. Just a question of where the low point is likely to be... disappointing that the price has fallen back naturally, up I'm not unduly worried at this point. They've progressed a lot since last year.... L. L.
16/10/2016
07:28
manics: "Buying shares now would make sense when Metal Tiger is undervalued" it's not undervalued though #MTR reasons for the share price dip? Posted on October 15, 2016 "Interesting week but this IMHO is a short-term dip in the share price". #MTR ready to breakout from current share price range? Posted on September 15, 2016 "...this current dip is the last before the rerate". I mean, I could go on. Such blogs provide the confirmation bias longs so desperately crave though it's completely (and demonstrably) hollow imo.
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."
12/4/2016
08:05
pwhite73: Nerd This has been explained to you 100 times already. Directors buy to pump their own stock. Somebody who does not understand what is going will say:- "Gosh look the directors are buying their own stock therefore they must think the company is going places" Mug punters rush in on that line of thought and the share price does go places not necessarily the company. Try and separate MTR the company from MTR the share price. They are not the same. You can pump the share price to high heaven but the company's assets are minuscule. They will align and very soon. Directors buying AIM stock is no different from some directors who set option prices well above the current share price to attract gullible investors. Of course they have no intention of exercising the options because they would have long since diluted the stock down to nothing. Can't spend any more time here. Speak Later
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
15:27
lazygun: Dixi, I doubt that a £4000 purchase of shares is going to have any material effect on the share price, whether that's by a director of the company or otherwise... I wouldn't deny that the directors may think that the Botswana asset in particular has a possibility of being an absolutely monster resource, but even if that's the case, it's still just a big chunk of metal deposit under ground... A long way from getting to market. And sensible valuations of companies like this, based on the size and quality of their mineral assets, I suspect is very subjective indeed. Metal tiger have stated that they don't want to be running mines in 20 years or so time, so I suspect that their strategy will be to do the work up front to prove the asset, and then crystallise that value by agreeing some sort of buyout of the asset, either in exchange for cash, or via some jv or some other means whereby a 3rd party will take on the development cost of getting the asset to market, with maybe some form of ongoing royalty interest from the sale of that asset once it's in a producing state, whilst Mtr move onto other exploration projects.... So the directors may well have their own opinion of the value, and are probably buying on that basis. If you look at Mtr as it stands today, £20 mill mkt cap might be considered way too high, after all they have no sustainable cash flow based business model. All their funding so far has come from some shrewd trading on the stock market, and from an ability to negotiate placings with investors with the least possible dilutive effect for existing shareholders, and from directors buying additional stakes in the company at the prevailing price, with premium priced warrants attached. The current share price performance is based more on sentiment towards the quality of people like terry grammar's involvement, the perceived quality of the assets they have access to, and faith that the mgt team will be able to translate that into some form of premium sale of assets which will then be distributed back to shareholders, either through capital growth in the share price, or via special dividends etc. These parts of their plans are at the moment unknown and highly speculative. What we do know is terry grammar has done this before, and developed a minnow company into a behemoth, and we also know that the mgt team are doing and saying all the right things to protect existing shareholder interests. A lot of the buying you see is driven by faith in TG and his crew, and the early signals we're seeing from the various projects Mtr is involved with, which seem to suggest that there is probably a lot of value that is contained in those assets. It really will be down to how they plan to unlock that value for shareholders that will determine how much further the share price of Mtr can go. L. 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.
11/7/2015
11:31
broken_arrow1: Direct Equities problem ahead??? Every company MTR 'invests' in becomes a target for wholesale selling. They start selling as soon as the share price moves up. MTR's balance sheet is to weak for them to be considered a serious or long term investor. This is to the detriment of existing holders of the 'invested' company. How long is it before shareholders of MTR's 'investment' targets start complaining to their respective directors about the generous terms they are being offered for relatively small sums of money? Could a private investor wanting to invest £75k-£100k-£150k in a company go to the board and demand mid price and a 3 year no risk warrant opportunity? Most unlikely. You could not buy size on the market without a significant uplift in the underlying share price. MTR gets all its stock at mid price. Placings are at a discount because they usually raise significant sums of money (£1m-£1.5m) and rarely come with warrants. So far MTR have ditched significant numbers of shares in Kibo Mining (LSE:KIBO), Eurasia Mining (LSE:EUA) and have dumped 5m in Ariana Resources (LSE:AAU) This is to the detriment of long term shareholders who, in some cases, have waited years for share price appreciation. Transparency Take MTR's investment in Kibo Mining (LSE:KIBO). In January MTR had 11m shares, market price about 8p, worth £880,000, recently Kibo Mining (LSE:KIBO) was trading at 3.75p, a paper loss of £500,000. But did they sell or not?? A paper loss of £500,000 is 50% of MTR's investment pot. How many shares do they hold in Kibo Mining (LSE:KIBO) or Ariana Resources (LSE:AAU) right now. What other 'investments' have they made? I fear MTR will not be able to get such attractive terms in the future which could be a risk to it's Direct Equity division. MTR need to demonstrate to the market (and more importantly to the BOD of it's invested companies) they are not serial dumpers of stock as soon as the share price rises a few notches. Nice little company but more transparency is needed on a number of fronts.
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:32 V: D:20161209 19:23:51