Metal Tiger Share Discussion Threads

[billionairepaddy] 21/4/2021 15:39

anybody know what companies we have shares or warrants in
we used to have loads but i have lost track of them

[uknighted] 19/4/2021 07:06

RNN

Michael McNeilly, Chief Executive Officer of Metal Tiger, commented:

“We are delighted to report the approval of a major new drilling programme focussed on leading the joint venture to the discovery of new copper/silver deposits in close vicinity to mine infrastructure under construction and commissioning on the Kalahari Copper Belt.

At the inaugural JV meeting between KML‘s new technical team, comprising representatives from Metal Tiger and its new partner, Cobre, it was agreed to approve a 7,000m drilling programme, consisting of both diamond and RC drilling focussed on compelling structural and conductive targets.

With experienced drilling contractor, Discovery Drilling, preparing to mobilise drilling rigs to site at the end of this month, KML is embarking on an exciting new phase of work.

We are hopeful that the hard work and diligent studies that the KML technical team have put into the exploration and drill targeting to date will bear fruit. We look forward to updating shareholder when drilling commences at Kit-W where we are very excited to put some drill holes into the A4-analogues at the Kit-W project, as well as the southern fold target at Kit-E. Neither of these areas have been historically drill tested.

We look forward to providing further updates as the drilling commences.”

[lazygun] 02/4/2021 21:13

I’ve been in Mtr since Brady ecploration days. My comments around possible price retracement are purely from a technical standpoint. The 20p level has been a key support level for a long time now, and it’s just broken down through it. Next few days will be critical as to whether this is now confirmed as a new resistance level or whether it rebounds back strongly above 20p.

If it breaks down, then it’s very likely to hit the next support level around the 15p mark. If it breaks down through there then 10p is the next support level.

Graphs are easy enough to read

L.

[paleje] 02/4/2021 18:44

Difference now I suppose is they have income and copper is actually doing it not just talking about it:)

And sector sentiment is improving. Anyway we'll see and if it does slump to your buy range, without good reason, I'll be alongside you buying or in my case adding.

[lazygun] 01/4/2021 15:34

That was exactly the situation when Mtr had the large holding in mod resources prior to its buy out by sandfire.

Yet it dropped to just above a penny for ages.... well below it’s nav then too.

L.

[paleje] 01/4/2021 12:13

Good luck with the re-entry target lazygun, not sure why it would get there though other than boredom selling.

Lot of copper exposure potential and regular copper generated income, NAV is way above current price and outlook for copper is strong so unless something changes..

[lazygun] 31/3/2021 17:36

Something seriously wrong with the vertical scale on the MTr charts.....

Aside from that, now dropped below a key support level of 20p.

Ne t few days will be key to see if it will bounce from here, or if 20p now becomes a new resistance level.

If so, I’m looking for somewhere around 10-15p for a re-entry point...

L.

[uknighted] 19/3/2021 07:43

RNS

Michael McNeilly, Chief Executive Officer of Metal Tiger, commented:

“We are pleased to invest in Armada, which presents a district scale opportunity with compelling geology. This frontier is significantly under-explored, which makes it so exciting, and we welcome the longer-term proposal for Armada to undertake an IPO.”

“Armada has completed significant work to create a compelling geological model that has delineated multiple drill-ready projects. Should the initial work programme prove successful it has the potential to create significant value uplift across all of the untested targets and increase the overall attractiveness of the district.”

“Given its experienced leadership team, who have a successful track record of involvement in major discoveries and operational experience in Central and Southern Africa, we look forward to the results of Armada’s upcoming operational phase.”

[uknighted] 04/3/2021 07:39

Metal Tiger plc


("Metal Tiger" or the "Company")


Kalahari Metals Limited: Kitlanya East Update


Metal Tiger plc (AIM: MTR), the London Stock Exchange AIM listed investor in natural resource opportunities, is pleased to provide an update in respect of the Kitlanya East Project that is operated by the Botswana copper focussed explorer, Kalahari Metals Limited ("KML"), in which Metal Tiger currently has a 62.17% equity interest.


Highlights:

-- Encouraging progress at the Kitlanya East Project, located approximately
25km southeast of the Sandfire Resources T3 and A4 deposits

-- Airborne geophysics and soil sampling results highlight the potential for
the South Fold Target to host Cu-Ag mineralisation in a similar setting
to the T3 and A4 deposits

-- Follow-up stratigraphic drill testing will now be undertaken in the
central portion of the target area

-- KML anticipates that this will confirm the presence of prospective lower
D'Kar Formation stratigraphy, alteration and mineralisation along
structures, suitable trap-sites and associated Cu-Ag mineralisation

Following completion of the first phase of drilling at the North Fold target, KML has since focused on delineating the potential of the South Fold Target, considered to have significant potential for Cu-Ag mineralisation hosted in trap-sites above the reduction--oxidation ("redox") contact. Regional soil sampling undertaken in late 2019 identified a Cu-Zn anomaly in the centre of the target upgrading the target potential.


As such, KML commissioned airborne electromagnetic ("AEM") and magnetic surveys over the Kitlanya East Project, with a total of 946 line km of detailed AEM data collected over the Southern Fold Target on a 200m line spacing. This data was reprocessed and subsequently used to interpret stratigraphic marker conductors, local folding and discontinuities in conductive units, potentially related to alteration associated with mineralisation. Following an independent review of this data, KML is confident in the prospectivity of the South Fold Target and potential for parallels to the structural setting at Sandfire Resources' A4 deposit.


In tandem with collection of AEM and magnetic survey data over Kitlanya East Project, drill chips from several historical reverse circulation drill holes have been relogged. The results of this relogging demonstrate correlation between the South Fold Target and parts of the upper portion of the D'Kar or Mamuno formations, providing further support that the target is an anticline with the most prospective (oldest) stratigraphy located in fold hinge, the shallowest portion.


With airborne geophysics and soil sampling results highlighting the potential for the South Fold Target to host Cu-Ag mineralisation in a similar setting to the neighbouring Sandfire Resources T3 and A4 deposits, follow-up stratigraphic drill testing will be undertaken in the central portion of the target area. KML anticipates that this will confirm the presence of prospective lower D'Kar Formation stratigraphy, alteration and mineralisation along structures, suitable trap-sites and associated Cu-Ag mineralisation.


Michael McNeilly, Chief Executive Officer of Metal Tiger, commented:


"The processed results from the Q4 2020 airborne geophysics survey and soil sampling programme highlight the potential for the South Fold Target to host Cu-Ag mineralisation in a similar setting to the neighbouring Sandfire Resources T3 and A4 deposits as corroborated by a recently commissioned independent structural assessment.


"With these encouraging results, in the heart of the rapidly developing Kalahari Copper Belt, we look forward to providing details of KML's follow-on drilling activities planned for the Kitlanya East Project."


As announced on 15 December 2020, KML has signed a Share Purchase Agreement with Cobre Limited ("Cobre"), which will, following completion of the transaction and subject to obtaining change in control approval from the Minister of Mineral, Energy and Water Resources of the Republic of Botswana, result in Metal Tiger owning a 59.57% economic interest in KML (comprising a 49% direct interest and a 20.72% interest in Cobre, which, in turn, will have a 51% interest in KML) (the "Cobre Transaction"). Cobre is listed on the Australian Securities Exchange

[uknighted] 23/2/2021 08:44

RNS £140k raised through exercise of 960k warrants.

[trawl] 22/2/2021 18:57

Will not be surprised if rns tomorrow
further investment in marimacca

[charaxes1] 22/2/2021 11:14

Agree completely Catsick. The uncapped NSR over SFR and KML/Cobre will be very valuable.

[catsick] 22/2/2021 10:59

These copper royalties and equity stakes in Botswana are going to be very very valuable the way things are going, sandfire will be developing the assets for sure with copper up here the irrs will be eye watering!

[shieldbug] 22/2/2021 08:58

MTR makes its money from mining. It does not make money from marketing. If you look at MTR objectively it is clear that its a complex company to value. If they just invested in publicly traded equities they would be easy to value. The company sees value in investing in royalties, using derivatives, privately owning mining companies. All of these decisions make it difficult to value. No amount of marketing will change that. I say let them get on with it.

[keithb1] 21/2/2021 17:12

Shieldbug, your question is irrelevant in the context of MTR. The choice is not between a marketing company and a mining company since MTR does not aim to be either. It is a resources sector investment company and like most, if not all, companies who want to be successful it needs to market itself/its product, and in that area I think it needs to try harder.

[shieldbug] 20/2/2021 17:34

Thanks gs. So MTR has a 0.5% indirect interest in ADT?

[grantstevens] 20/2/2021 17:08

No the litigation was all sorted out of court. ADT gave shares in the end. So I think SFR have about 16%?

[shieldbug] 20/2/2021 15:09

Does anyone have any information on Sandfire's 14.2% share of Adriatic Metals? There seems to have been some litigation between them.

[shieldbug] 20/2/2021 14:50

I see on the other forum investors getting frustrated with MTR. Plenty of criticism of the board for poor marketing of the company and some grumping about salaries. The question is do you want a marketing company or do you want a mining company? Looks to me like the company is working hard at building value. I would like the share price higher - but considering the storming performance of base metals where else can you get a sector bargain like MTR? I doubled my holding since the price dropped in January. Nice.

[paleje] 29/1/2021 10:50

Couple of updates today, Cobre and Sandfire, both performing as expected.

[sian] 21/1/2021 09:35

Arden Note: Upside case . #Copper #Silver prices bullish, $SFR aggressive #exploration keeps hitting Paydirt...63p -70p

[shieldbug] 20/1/2021 14:45

Arden say the NAV is 24p and today we are trading under 21p.

Note that BRWM and CYN both pulled back around Friday 8th- Monday 11th January which is when MTR dropped below 24p.

Its a pull back.

[dekle] 20/1/2021 12:52

Arden put the NAV about 24p I think