Metal Tiger Share Discussion Threads

[uknighted] 08/10/2019 13:37

RNS SoA approval.

[uknighted] 07/10/2019 09:02

RNS KML Drilling Progress update

[tebboc] 01/10/2019 07:54

"The closing of the acquisition of MOD shares by Sandfire resources is an important point in Metal Tiger's history and allows the Company to retain its unique interest in the Kalahari Copper Belt, which should drive further share price growth in addition to the rest of its portfolio, whilst also allowing the Company to consider future cash deployment. With this in mind, the Company is considering future investments and believes that investing in itself, via a share buyback, could be the best use of capital for the Company. Eliminating discount to the net asset value of the business is a key focus of the Board and we look forward to updating the market on this workflow and the closing of the deal in due course."

[supercity] 27/9/2019 09:57

Another couple of 700k trades today...leaky leaky

[supercity] 26/9/2019 15:23

Someone's keen - mopping up 2,250,000 shares in the space of 5 minutes

[supercity] 25/9/2019 07:16

Surely some catching up to do here.Last year the share price was nearly 200% above the net asset value.This year it sits 20% below.

[charaxes1] 19/9/2019 20:06

I thought this was an MTR BB! KAV needs serious finance to get it off the ground! A fund raise. MTR are about to get a serious pay day. Lots of news for MTR on KML.

[cpap man] 19/9/2019 19:25

KAV



Kavango’s three projects in Botswana offer an excellent diverse potentialfor the discovery of nickel-copper-PGE, copper-silver and rare earth deposits. Listed on the Main Board of the London Stock Exchange (Standard List) - (KAV.L)

The Kalahari Suture Zone (KSZ) Project, a 450km long N-S magnetic structure of continental proportions, is a large scale nickel, copper, cobalt and PGE group
exploration project in the southwest of the country. It is similar in its geological
setting to the giant Norilsk deposits in Siberia. Kavango recently completed two phases of airborne electromagnetic surveys covering over 4,000 line-kms in the northern part of the KSZ. Numerous conductor anomalies were identified and located on the ground; drilling of the most prospective targets is planned for late Q3 / early Q4 2019

The Ditau Camp Project (Ditau) is a 7km long magnetic body with corresponding geochemical and gravity anomalies approx. 50km west of the KSZ structure. It is one of 10 significant ring structures in the two Ditau licences. Two recent drill holes and the discovery by Falconbridge of a carbonatite in the area indicate a large area of alkali intrusive bodies. Carbonatites are generally associated with rare earth minerals. Whilst the Company continues to add value to the project with some low cost (within the current budget) geophysical surveys at Ditau, the medium term plan is to attract a joint venture partner.

The Kalahari Copper Belt (KCB) extends in a northeast-southwest direction for at least 1,000 km from western Namibia to north-eastern Botswana. The KCB contains known sediment-hosted copper-silver deposits two of which are currently being developed into mid-tier copper-silver mines. Kavango will carry out geophysics surveys and soil sampling to identify copper hosting anticline structures. The KCB Project is the subject of a recently signed MOU with a private Botswana company, who hold two strategic but unexplored PLs in the KCB area, whereby Kavango can earn an interest in the two licences by spending funds on exploration.

Conclusion

Kavango’s three projects in Botswana, the Kalahari Suture Zone, the Ditau Camp Project and the Kalahari Copper Belt, offer an excellent diverse potential for the discovery of nickel-copper-PGE, copper-silver and rare earth deposits.

Botswana is recognised as the best jurisdiction in Africa for business and with the Company’s very experienced management team the chances of success are high.

[rookie666] 17/9/2019 17:40

crikey! At 25th March MTR held 10.48% of MOD's issued share capital (at that seem to be the case until very recently) - that's massive increase!!

Are MTR a sleeping giant? I haven't got tonnes of money to throw around but I am wondering if I should be making some incremental purchases on this...

[uknighted] 16/9/2019 10:47

RNS - now holding 19.9% of MOD issued share capital.

[uknighted] 06/9/2019 12:40

RNS - CEO Interview on Bloomberg tv over the weekend.

[cpap man] 02/9/2019 11:15

#KAV

SP Angel . Morning View .

Conclusion: The offer by Sandfire to acquire MOD Resources has highlighted the exploration potential of the Kalahari Copper Belt. Kavango Resources’ success with its own exploration at KSZ and the expansion of its portfolio of exploration property within the Kalahari Copper Belt via the MoU with LVR GeoExplorers may prove to be particularly timely.

[uknighted] 02/9/2019 10:34

A tag along provision has the opposite effect of a drag along provision.A drag along provision allows the majority shareholder(s) to require the minority shareholder(s) to sell their shares. This is usually triggered in a takeover offer.

[uknighted] 02/9/2019 10:26

RNS out.
There’s a drag and tag deed involved!

[uknighted] 22/8/2019 07:37

Duplicate RNS?

[supercity] 21/8/2019 08:04

These are currently valued at less than the 23 million they will get for the MOD shares in a few months.Surely there has to be 50-100% upside based on that and their other investments.

[rookie666] 14/8/2019 07:54

Agreed Oakville....Several months back it looked like we had a breakout from a descending wedge. Unfortunately, it has since come back to its normal share price level. On paper Mtr has some excellent projects and given the recent Sandfire offer to MOD I thought this would really take off. Maybe the deal needs rubber stamping first before we get an uplift? I bought in shortly after it retreated from 6p in 2016(cost average of 3.2p) naively thinking it was heading +30p. 3 years on and still very much under water. Rick Rule seems to like Mtr so confident this will eventually be a winner but most definitely an opportunity cost holding this share over last 3 years....

[oakville] 14/8/2019 07:33

Disappointed in the current share price We never seem to get going here.