Metal Tiger Share Discussion Threads

[dreamtwister] 20/7/2020 19:12

b/w

The 931,034 new ordinary shares are expected to be admitted to trading on AIM on or around 24 July 2020.

Following the issue of the new ordinary shares, the number of ordinary shares in issue in the Company will increase to 153,138,695. For the purposes of the Financial Conduct Authority's Disclosure and Transparency Rules ("DTRs"), the issued ordinary share capital of Metal Tiger following this allotment consists of 153,138,695 ordinary shares with voting rights attached (one vote per share). There are no shares held in treasury. This total voting rights figure may be used by shareholders as the denominator for the calculation by which they will determine whether they are required to notify their interest in, or a change to their interest in, Metal Tiger under the DTRs.

with the present investments when will they bear fruit ?

Aurelius reported a net loss of C$1.0 million. As at 31 March 2020, Aurelius had net assets of C$1.5 million.

Grantstevens

What are you talking about. It’s 931k admitted . It would have been 9,310,000 before consolidation. The consolidation has nothing to do with warrants. It’s just the share price is above 20p so folks are in profit from warrants.

With the increased number of shares ! will the earnings per share be less economically productive ?

[charaxes1] 20/7/2020 17:41

Oh dear DT. The RNS was pretty clear. Are you confused?

[grantstevens] 20/7/2020 17:22

What are you talking about. It’s 931k admitted . It would have been 9,310,000 before consolidation. The consolidation has nothing to do with warrants. It’s just the share price is above 20p so folks are in profit from warrants.

[dreamtwister] 20/7/2020 16:46

And it just so happens that the consolidation was a gateway for dilution !

the present shares insitu has increased from a circlar of 152m to 153 +

With the exercise of the Warrants.

[shares_investor] 17/7/2020 18:47

Metal Tiger is presenting online tomorrow which may be of interest to those here -

[charaxes1] 17/7/2020 15:26

DL left or got kicked out a couple of years ago.

[bobby.ifa] 17/7/2020 14:34

Is David Lenigas involved/invested in Artemis Resources?

[uknighted] 17/7/2020 09:05

RNS

“Metal Tiger plc (AIM: MTR), the London Stock Exchange AIM listed investor in natural resource opportunities, is pleased to announce that it has subscribed for 7,142,857 new ordinary shares in Artemis Resources Limited ("Artemis") (the "Artemis Shares") at a price of A$0.07 per share for an investment cost of A$500,000 (the "Investment").“;

[dreamtwister] 12/7/2020 08:35

rick-rule interviews ceo metal tiger !

[dreamtwister] 10/7/2020 10:08

Simon Mitchell
@SouthernGoldMD
·
8 Jul
Looking forward to providing an update on $SAU next week. Our drilling continues with the best visual results from core coming from Aphae up to this point.

[cbeadle] 09/7/2020 19:59

I added a bit today, I had some EUA and sold about half. I am not quite sure I shouldn’t have held, but MTR seemed a safe alternative

[owenga] 09/7/2020 14:39

Nice. Maybe different mind set now share price is in 20s instead of 2s. We got to about 2.6p about a month ago. So testing that high.

[fillipe] 09/7/2020 14:25

Wow, MTR really racing at the mo'.

f

[source] 04/7/2020 20:30

https://www.thetimes.co.uk/article/rio-tinto-takes-1-8bn-hit-to-secure-oyu-tolgoi-copper-mine-in-mongolia-g2fvqn5zt

[charaxes1] 02/7/2020 22:58

Completely agree Grant. There are some serial low life that haunt these bulletin boards. Makes you wonder why Metal Tiger don’t look to list else where.

[grantstevens] 02/7/2020 22:14

The 500k trade yesterday was from the day before consolidation, if you look at the price; it was a delayed trade. Quite amusing this complete concentration on a consolidation (which has been done now Mtr moved out of its growth phase that required placings) when focus should be aimed at
1] CBE results
2) SFR quarterly with this interesting new zone NE of A4 and maiden resource at A4 near term and read across to NSR

[dreamtwister] 02/7/2020 21:45

yesterday off load 500k consolidated shares in one trade.

today it took 3 x 10k trades to off load 30k consolidated shares.

if the share price dips further then i feel the pain at the other end of the

spectrum, for investors with smaller holding that will not be able

to exit.

Share Consolidation

Following the approval of Resolution 4 at the AGM, the Company is proceeding with the 1 for 10 Share Consolidation with a record date of 5:00pm today. The 1,522,076,607 Existing Ordinary Shares of 0.01 pence each in issue in the capital of the Company, together with the 3 additional Ordinary Shares to be issued on 30 June 2020 to ensure the Company's issued ordinary share capital is divisible by 10, will be consolidated into 152,207,661 New Ordinary Shares of 0.1 pence each. Such New Ordinary Shares will have the same rights and be subject to the same restrictions (save as to par value) as the Existing Ordinary Shares.

[grantstevens] 02/7/2020 16:15

Lucky we are an AIM listed investment Co and not a TSX listed explorer then

[resourceful] 02/7/2020 15:41

no,
the academic evidence is extensive
Google the share price impact of consolidations on canadian junior explorers shares
opportunity for stale bulls to sell
and for small holders to exit

[lazygun] 02/7/2020 11:52

I’m not so sure on the “marketability “ argument from Mtr, But the mgt team so far have rarely put a foot wrong with any of their decisions to date.

And they have some high quality investments.
The Ex-mod resources NSR with sandfire , assuming sandfire can prove up the size of copper estimates in the kalahari area that matches or exceeds T3, will demonstrate that the NSR over the lifetime of any future copper mines out there is likely to dwarf the current mkt cap of mtr, easily. And don’t forget that they have similar NSR’s with kalahari metals and cobre.

Mtr are positioning themselves very very nicely to do a riNse and repeat of their mod investment with these companies. I could see in maybe 3 years time someone like sandfire bidding for each of these companies.....

Michael M once said to me that he and the board have big plans for the company, and I think they have a very good chance of delivering on that..

L

[charaxes1] 02/7/2020 11:26

BP let’s see what happens when the inferred resource on A4 is declared and a tangible £ value given to the 2% NSR!