We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register to chat with like-minded investors on our interactive forums.
| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Metal Tiger Plc | LSE:MTR | London | Ordinary Share | GB00BMQC0691 | ORD 0.1P |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.00 | 0.00% | 9.06 | 0.00 | 01:00:00 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 8.00 | 10.00 | ||||
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| - |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| - | O | 0 | 9.06 | GBX |
Metal Tiger (MTR) Share Charts1 Year Metal Tiger Chart |
|
1 Month Metal Tiger Chart |
Intraday Metal Tiger Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 07/2/2024 | 10:55 | Metal Tiger - Earning its stripes! | 8,615 |
| 13/10/2021 | 13:17 | Metal Tiger - Jam in 5 years time | - |
| 28/6/2019 | 13:25 | Metal Tiger at UK Investor Show | 1 |
| 12/5/2018 | 16:34 | Metal Tiger PLC | 1,391 |
| 17/2/2017 | 07:58 | MTR Corp. of Hong Kong : Transport beyond Suburbs | 5 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|
| Top Posts |
|---|
Posted at 07/2/2024 10:40 by billionairepaddy anybody know whats happening to those shareswhat price now and are they tradeable |
Posted at 08/9/2023 18:52 by 888icb Continued:Strata held 4.8mn shares worth £15mn at the end of June 2023 and has since sold 3.5mn shares for A$22.1mn (£11.3mn) which have been used to pay-off A$12.2mn of collateral loans. It leaves the company with net cash of A$9.9mn (£5mn) and 1.36mn retained Sandfire shares worth A$8.9mn (£4.6mn) which back up 62 per cent of Strata’s market capitalisation of $30.4mn (£15.5mn). Moreover, in the past few weeks, Sandfire has secured an extension to the Mining Licence for the Motheo Copper Mine (including the A4 Deposit), marking a major step forward in the Motheo expansion project which includes the A4 Deposit over which Strata has a two per cent uncapped Net Smelter Return (NSR). Strata also has a $2mn capped NSR over the T3 Open Pit which it expects to receive proceeds from by the year-end. Development and mining of the A4 Deposit is expected to commence in the next quarter of Sandfire’s 2023-24 financial year, so expanding the mining footprint that currently encompasses the T3 Open Pit. It will see processing capacity increase from an initial rate of 3.2mn tonnes per annum to 5.2mn tonnes within months, ramping up thereafter. Sandfire’s managing director and chief executive, Brendan Harris confirmed the importance of the extension, noting that “it is a critical step for our newest mine and we look forward to seeing the higher grade A4 Pit contribute to the expanded Motheo mining complex.” Harris expects it to produce more than 50,000 tonnes of contained copper in the 2025 financial year. That's around $422mn of revenue at the current market price. Cash and Sandfire interests exceed market capitalisation This is hugely important to Strata. That’s because the company’s uncapped NSR has a book value of A$21.2mn (12.5c) and accounts for 39 per cent of NAV at 31 July 2023. It is likely to be worth far more as output from the A4 Deposit ramps up, a point that Strata’s share price simply fails to reflect. In fact, the combined value of the two NSRs, net cash and the holding of listed Sandfire shares are worth A$42mn, or 38 per cent more than Strata’s market capitalisation of A$30.4mn alone. So, although Strata’s shares have yet to re-rate as I had anticipated (‘A change of listing could make this stock a bargain’, 6 March 2023), I feel that resource-hungry investors in Australia are likely to cotton onto the value on offer when Sandfire ramps up output at the expanded Motheo mining complex. Strata’s 44 per cent share price discount to NAV and the improved risk profile following the de-leveraging of the company's balance sheet has made the shares a buy. |
Posted at 08/9/2023 18:49 by 888icb A cash-rich stock on a huge discountThis company’s cash is worth 38 per cent more than its market value alone September 7, 2023 By Simon Thompson First half pre-tax loss of £4.9mn mainly due to losses on three holdings Part disposal of Sandfire shares wipes out borrowings Net cash, retained Sandfire shares and smelter royalties worth more than market value 44 per cent discount to NAV. Strata Investments (ASX:SRT -18c) has released its first set of results since the investment company de-listed its shares from London’s junior market in March 2023. Formerly known as Metal Tiger, the directors have been cleaning up the company’s balance sheet, exiting 10 passive investments and partially exiting a further nine investments, realising £6.5mn of cash proceeds in the process and crystalising a small loss of £24,000. However, the reversal in the share prices of three Australian Stock Exchange-listed resource companies was the main reason for the first half pre-tax loss of £4.9mn. The holdings are Cobre Pty (ASX:CBE), a company that acquired Metal Tiger’s interest in Kalahari Metals, Southern Gold (ASX:SAU) and Armada Metals (ASX:AMM). Combined they were marked down in value by £2.9mn and accounted for £4mn of Strata’s net asset value (NAV) of £27.7mn (16.35p, or 31.1c) at 30 June 2023. The three holdings have since lost a further third of their value despite promising news flow. For instance, Cobre has announced the discovery of a significant copper anomaly at its Kitlanya West Project in Botswana, and its Ngami Copper Project (NCP) has confirmed its potential as an in-situ leaching copper mining opportunity. The company intends to release an Inferred Resource and Exploration Target Category modelling results in the coming weeks, which will provide further insight into the project’s scale and potential avenues for expansion. Positive news on smelter royalties The good news is that Strata’s largest holding, Australian Stock Exchange-listed Sandfire Resources (ASX:SFR), has more than made good that paper loss, hence why the company’s latest net tangible asset value has risen from A$52.8mn to A$53.8mn (£27.9mn, or 31.75c a share) since the half-year end. Sandfire is a mid-tier A$3bn (£1.5bn) market capitalisation mining and exploration group that is developing the T3 Copper-Silver and A4 projects in Botswana’s Kalahari Copper Belt. |
Posted at 07/4/2023 07:48 by aqc888 Here’s some background on why the move to asx was made. Essentially copper is a fairly sound investment and should support metal tiger/Stratas share price. The spread will narrow. Good to see the board buying 150,000 shares even if not full market price. This will need time for the valuation to stabilise upwards. Hopefully the board have a plan that has been restricted by AIM and will be able to action it. |
Posted at 28/3/2023 15:16 by wsm812 Told it not to be so vague and got this:However, there are a number of factors that could support MTR's share price. The company has a strong balance sheet and is well-positioned to take advantage of opportunities in the mining sector. Additionally, the company has a number of projects that are in the early stages of development, which could generate significant returns in the future. |
Posted at 28/3/2023 15:13 by wsm812 I asked BARD to predict if MTR will trade higher once solely on ASX - a very non-commital answer is below:Based on the search results I have found, it is difficult to predict whether MTR will trade higher on the ASX. The company's stock price has been on a downward trend in recent months, but there are a number of factors that could affect its future performance, such as the strength of the global economy, the price of gold, and the company's own business decisions. Some analysts believe that MTR is undervalued and that its stock price could rebound in the near future. Others believe that the company is facing challenges that could continue to weigh on its stock price. Ultimately, it is up to investors to decide whether they believe MTR is a good investment. |
Posted at 17/3/2023 14:12 by cameronrtd From what I can tell, the only thing driving the share price down is mass confusion. It’s matter of arithmetic: add up the value of MTR’s equity holdings and the value will well surpass that of the current market capitalisation. I’m holding because to sell now would be nonsensical. I’ll sell if I want to after the shares are transferred to the ASX |
Posted at 16/3/2023 21:03 by source It is probably very valuable for people who have a broker that automatically converts their existing UK MTR shares into Australia exchange MTR shares - seem like they could have bought at 8p here & have them valued at Oz priced at 17p equivalent? Is that right?I.E. it seems uk only brokers will force large losses on to their MTR holders. Thanks for nothing management team! |
Posted at 22/2/2023 19:38 by aqc888 Absurd. Copper, a vital element of the energy transition, used heavily in electric cars and solar. Yet Metal Tigers share price is priced as a miner of some obsolete commodity. The jurisdictions it operates in are relatively more stable than many other miners too.BHP hasn’t missed this point, with its largest recent acquisition since 2011 of a copper miner. There’s a global copper shortage set to last until at least 2030. Yet the share price is near an all time low. |
Posted at 02/2/2023 19:07 by 888icb RNS Today:“ Armada Metals Limited -- New Targets Identified at the Nyanga Project in Gabon Metal Tiger plc (AIM: MTR, ASX: MTR), the AIM and ASX listed investor in natural resource opportunities, is pleased to note that Armada Metals Limited ("Armada") has announced the identification of additional targets at the Nyanga Magmatic Nickel-Copper (Ni-Cu) Project in Gabon. Preliminary modelling of airborne Mobile Magnetotellurics survey data has defined multiple preliminary targets, which will direct future ground based Natural Source Audio-Magnetotelluri Metal Tiger holds 15,000,000 Armada Shares, representing approximately 14.42% of Armada's issued share capital. In addition, Metal Tiger currently holds 3,333,333 options over Armada Shares, exercisable at a price of $A0.334 which expire on 30 December 2026. Michael McNeilly, CEO of Metal Tiger, said: "We are very pleased to note a successful 2022 exploration programme by Armada in Gabon, with the identification of new priority targets. We look forward to future updates on the follow-up and potential drill testing later in 2023". This follows yesterday’s RNS: “ Cobre Limited -- Confirmation of Multi-target Copper District and Commencement of 2023 Drilling Programme Metal Tiger plc (AIM: MTR, ASX: MTR), the AIM and ASX listed investor in natural resource opportunities, is pleased to note that Cobre Limited ("Cobre") has published assay results from its regional diamond drilling programme completed in late 2022, in addition to the commencement of its 2023 drilling programme at the Ngami Copper Project (NCP) in Botswana. The 2022 regional drilling programme confirmed notable copper/silver Cu/Ag mineralisation at three targets, and anomalous Cu/Ag at a further two targets. Cobre has now commenced its 2023 drilling programme at the NCP, with two diamond drill rigs currently drilling a 5,000m programme. A further planned 10,000m drilling programme at Kitlanya West is expected to provide additional Cu/Ag targets for diamond drilling. Following completion of the placing and closure of the Share Purchase Plan, Metal Tiger will be interested in 53,656,803 shares in Cobre, representing approximately 18.76%. Michael McNeilly, CEO of Metal Tiger, said: "This is a very encouraging update from Cobre. The promising drill results provide further confidence in Cobre's exploration approach, with the identification of a number of compelling new targets in the region of the Kalahari Copper Belt. We look forward to further exploration updates following the ongoing drilling programme and upcoming programme at Kitlanya West." The strong news flow continues and 2023 looks increasingly positive for a company whose market cap is still only £25 million. |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
