Metal Tiger Share Discussion Threads

[paleje] 29/11/2017 18:40

Never say never, especially not on AIM, madness happens daily:)

[ch1rp] 29/11/2017 17:11

I do believe this share will never again be below 2p. The only way is up!

[rhuvaal2] 29/11/2017 10:22

Thank you for that Lazygun, all good stuff.

[lazygun] 28/11/2017 22:47

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.

[paleje] 28/11/2017 11:56

Another month added, frustrating but value will out in the end. That last broker note which geoffsh linked earlier had a target for MOD of double its current share price

MOD current mcap is (GBP) 60m target 120m so our share about 20m as it stands.

Our current mcap is 22m so, if we're underpinned to the tune of 20m that means only 2m is attributed to cash, equity holdings, KEMCO and Spain. It's a bit silly and that's with rock bottom MOD valuation.

[livewireplus] 28/11/2017 06:12

Anyone off to see PJ at the Gold, Bears & Traders event today:
hxxp://www.goldandbears.com/gold-speakers

[lazygun] 28/11/2017 03:03

It’s mixed. Pfs delayed yet Gain, for another month

L

[geoffsh] 27/11/2017 22:52

Very encouraging news, hopefully some assay results soon.

[vivgav] 27/11/2017 13:48

Holdings RNS

[geoffsh] 26/11/2017 21:30

This MOD Research note came out 6 days ago, some investors might not have seen it.


hxxp://docs.wixstatic.com/ugd/a5d095_497cb66fe4304be79cb45546609c3fd7.pdf

[cool hand kev] 26/11/2017 17:19

And their THR holding is on the rise

[uknighted] 24/11/2017 12:38

RNS £320,000 in the coffers!

[rhuvaal2] 24/11/2017 11:43

Thoroughly agree pajele

[paleje] 22/11/2017 18:50

Damning and persuasive. Thanks for spotting it.

MTR really wanting to capitalise on the goodwill and human relationship assets they feel they've built in Thailand, they deserve a break they've gone against the grain with Thailand and the jury's still out, it would be so good to see it all work out.

[vivgav] 22/11/2017 15:35

RNS out re KCN

Not even showing on advfn!

Try Investigate

[vivgav] 22/11/2017 08:30

MOD up 11% last night. Valuation on MTR down here rather silly now.

[paleje] 21/11/2017 10:35

Our holding in Thor Mining now 9.77% approx 1m with Thor well funded and in the process of commercialising its considerable assets.

[cool hand kev] 17/11/2017 12:57

Well a correction would be more than welcome

[paleje] 17/11/2017 11:51

Well that's what a tiny fraction of the market thinks but it doesn't mean much in this thin trade.

[cool hand kev] 17/11/2017 11:31

Well that's unfortunately NOT what the market thinks

[ch1rp] 16/11/2017 11:45

Crazy trading. Worth 6p and the smart money is in here.

[cool hand kev] 15/11/2017 13:39

SP stuck in a trading range needs to break 2.4 IMO