Metal Tiger Share Discussion Threads

[uknighted] 16/11/2019 13:25

I see that as a positive from which the shareholders (i.e. SP) will benefit.

[rookie666] 16/11/2019 13:12

Share retention in Sandfire sounds sensible. Whats your view on the proposed share buy back mentioned by mtr coe?

[uknighted] 16/11/2019 09:35

Sandfire has declared a final dividend of A$0.16 per share, which goes ex-div on 14 November 2019 and payment will be made on 29 November 2019. The Board of Metal Tiger intends to retain the Company's entire interest in Sandfire shares, such that it is eligible to receive the approximate A$1.0m payment that would be due to Metal Tiger from this dividend.

[rookie666] 16/11/2019 08:11

Mtr has been a major opportunity cost for me and one which I've been under in for several years now. However, this will eventually pop so now is a good time to accumulate IMO

[oakville] 14/11/2019 11:08

Never fails to disappoint.

[trumpingtonsmythe] 13/11/2019 16:42

There you have it!

[billionairepaddy] 13/11/2019 11:44

must be getting near bargain territory

[trumpingtonsmythe] 12/11/2019 15:37

I see, thank you. I'll go for a more focussed question then - What price and how many shares will be subject of the share buy back?

[billionairepaddy] 12/11/2019 13:28

am leaving the analysis to experts like you

[trumpingtonsmythe] 12/11/2019 12:23

Go on then, let's have your considered financial analysis paddy?NAV, share buy back impact, sand fire dividend and all that etcI need to understand your thinking.

[billionairepaddy] 12/11/2019 10:21

anybody hazard a guess as when we will go sub one penny

[uknighted] 09/11/2019 12:18

His post suggests he hasn’t done his research!

[charaxes1] 09/11/2019 11:36

Agreed TS!

[trumpingtonsmythe] 09/11/2019 11:01

If the minted Irishman wants to short it right now I would suggest you let him. He must have done his research.

[charaxes1] 09/11/2019 10:23

Why has it turned into a dog? Resource sector unloved! At least this share does not need to raise cash!!!

[billionairepaddy] 09/11/2019 10:02

this has turned into a real dog share

[uknighted] 23/10/2019 11:19

RNS Sandfire shares received, A$1m dividend due 29/11/19.

[supercity] 22/10/2019 09:41

Thor - Slightly confused, I know it's only 45k which is a very small participation but why even go there with 45k and then show your disappointment at their performance?-Michael McNeilly, Chief Executive Officer of Metal Tiger, commented:"We are deeply disappointed with the performance of Thor and have maintained our pro-rata holding in order to protect our investment. We see Thor management (excluding Mark Potter who was only recently appointed) as having failed to deliver on their targets and believe that it is essential that cost cutting measures are taken urgently in order to reduce Thor's ongoing administrative costs. We do believe there is investment value that can be realised from Thor and agree that drilling at Bonya could improve the viability of Molyhill and is therefore important. We also believe that management needs to actively start considering new strategic assets to help drive shareholder value and improve market sentiment."

[supercity] 09/10/2019 20:16

£22m of sandfire shares heading this way which means they will also get the dividend in November equating to around half a million poundsThis is a tad above the current market cap on its own.2p would be an immediate more realistic valuation here

[uknighted] 09/10/2019 09:33

Yes people beginning to understand what is happening here, particularly with the MOD sale.

[wrecktangle] 09/10/2019 09:31

Unable to buy. NT

Could be a massive mover today.