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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Metal Tiger Plc | MTR | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 9.06 | 00:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 9.06 | 9.06 |
| Top Posts |
|---|
Posted at 14/9/2024 17:51 by 888icb The shares in SVML should prove to be a very good investment.This is the end of a recent analysis of SVML by Charles Archer: “ Third, while SVML retains the operational competence to build the mine and is therefore itself the competitive tension with Rio Tinto, this pilot plant is very clearly the due diligence the major needs to see completed on the deposit before making an outright offer. While Sovereign may protest that this is all simply to accelerate and improve their own DFS, Rio’s version of a DFS will be in a different class to the junior, and it will want to take the reins before we get to this stage. My prediction is that Rio Tinto will make a full takeover offer within the next 12 months. I think it's worth finishing with a quote from legendary resource investor Rick Rule, in a recent interview with the company's Chief Commercial Officer: 'What you need to understand, is that ultimately, a deposit this size acquires strategic value. If it sells, it will sell at a premium to net present value because the users understand the critical importance of a deposit of this size and scale.' The net present value, before any improvements, stands at a little over $1.6 billion” If Rick Rule is right,which he usually is SVML is at least a 5 bagger on a takeover. So if we say SCP’s shares in SVML are currently worth circa £300000, on a takeover by Rio they would be worth £1.5 million. Looking very positive. |
Posted at 04/6/2024 17:34 by 888icb Can any Strata shareholders help with a problem regarding buying Strata Shares. My wife held MTR in an Interactive Investor SIPP and allowed it to be converted to a Strata. Last night I tried to buy more but it would not process the transaction. I rang II today who said that because of the structure of Strata Holdings II don’t facilitate buying Strata. It’s fine to hold it in the SIPP and sell it but I can’t buy any more. Has anyone else encountered this problem with II or other brokers and do you know which brokers will allow you to buy Strata. Many thanks. |
Posted at 30/5/2024 07:06 by 888icb The article continues:“ Blue sky potential The company’s chief executive Michael McNeilly has a point when he says that “we hold a one-of-the-kind copper-silver royalty interest with substantial blue-sky potential and clear near-term value catalysts”. For instance, the first ore from the A4 project is on track to be delivered to the Motheo processing plant in the third quarter of 2024 and Sandfire has now completed a programme of 29 drillholes at A4 to test for dip and strike extensions of the known mineralisation. In addition, the valuation of the A4 project uncapped NSR embedded a medium-term copper price of $9,605 per tonne and a resource size of 9.7mn tonnes, both of which should have material upside to drive up the value of the royalty. It’s certainly good news for shareholders, many of whom will have bought shares on my advice when the shares were previously listed on AIM under the name Metal Tiger prior to the transfer of the listing to the ASX (‘A change in listings could make this stock a bargain’, 9 March 2023) and continued to hold when I covered the annual results (‘Is this mining investment company still worth holding?’, 18 March 2024). The share price has risen 50 per cent since then and now trades in line with a conservative-looking TNAV of 27.4c. I expect further share price upside as more investors cotton onto the hidden value in Strata’s NSRs, so I would run your gains. Hold.” |
Posted at 08/9/2023 17:52 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 08/6/2023 11:46 by catabrit Interactive Investor. |
Posted at 03/4/2023 11:19 by sian fyi: A new thread started on Hot Copper today,search MTR`Metal Tiger/Strata - UK Investors Thread' |
Posted at 30/3/2023 09:44 by wsm812 Now the beast has awoken, investors realising the easy win once this stock has switched. |
Posted at 28/3/2023 14:13 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 24/3/2023 10:46 by shieldbug There are two main problems. The first is the sudden delisting which is an immediate problem to most retail investors. But the main problem is the reason why they are doing this. How do you stay invested when you no longer know what the company will do with your investment? |
Posted at 16/3/2023 13:18 by source Market makers making uk investors Life a misery again. No wonder all these companies are leaving uk listings. That said managements idiotic idea to delist has severely damaged value for loyal uk investors & is completely counter to shareholders interests with this thoroughly flawed move. |
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