Metal Tiger Share Discussion Threads

[wsm812] 23/2/2023 08:30

Have faith and buy on dips. The fundamentals of this company are great.

[aqc888] 22/2/2023 19:38

Absurd. Copper, a vital element of the energy transition, used heavily in electric cars and solar. Yet Metal Tigers share price is priced as a miner of some obsolete commodity. The jurisdictions it operates in are relatively more stable than many other miners too.

BHP hasn’t missed this point, with its largest recent acquisition since 2011 of a copper miner.

There’s a global copper shortage set to last until at least 2030. Yet the share price is near an all time low.

[wsm812] 16/2/2023 13:04

This stock must just be out of favour currently, expecting good news very soon though.

[888icb] 02/2/2023 19:07

RNS Today:
“ Armada Metals Limited -- New Targets Identified at the Nyanga Project in Gabon


Metal Tiger plc (AIM: MTR, ASX: MTR), the AIM and ASX listed investor in natural resource opportunities, is pleased to note that Armada Metals Limited ("Armada") has announced the identification of additional targets at the Nyanga Magmatic Nickel-Copper (Ni-Cu) Project in Gabon.


Preliminary modelling of airborne Mobile Magnetotellurics survey data has defined multiple preliminary targets, which will direct future ground based Natural Source Audio-Magnetotelluric ("NSAMT") programs and drill targeting. A series of ground-based NSAMT surveys are planned to follow up on the highest priority targets in advance of further drilling.


Metal Tiger holds 15,000,000 Armada Shares, representing approximately 14.42% of Armada's issued share capital. In addition, Metal Tiger currently holds 3,333,333 options over Armada Shares, exercisable at a price of $A0.334 which expire on 30 December 2026.


Michael McNeilly, CEO of Metal Tiger, said:


"We are very pleased to note a successful 2022 exploration programme by Armada in Gabon, with the identification of new priority targets. We look forward to future updates on the follow-up and potential drill testing later in 2023".
This follows yesterday’s RNS:
“ Cobre Limited -- Confirmation of Multi-target Copper District and Commencement of 2023 Drilling Programme


Metal Tiger plc (AIM: MTR, ASX: MTR), the AIM and ASX listed investor in natural resource opportunities, is pleased to note that Cobre Limited ("Cobre") has published assay results from its regional diamond drilling programme completed in late 2022, in addition to the commencement of its 2023 drilling programme at the Ngami Copper Project (NCP) in Botswana.


The 2022 regional drilling programme confirmed notable copper/silver Cu/Ag mineralisation at three targets, and anomalous Cu/Ag at a further two targets.


Cobre has now commenced its 2023 drilling programme at the NCP, with two diamond drill rigs currently drilling a 5,000m programme. A further planned 10,000m drilling programme at Kitlanya West is expected to provide additional Cu/Ag targets for diamond drilling.


Following completion of the placing and closure of the Share Purchase Plan, Metal Tiger will be interested in 53,656,803 shares in Cobre, representing approximately 18.76%.


Michael McNeilly, CEO of Metal Tiger, said:


"This is a very encouraging update from Cobre. The promising drill results provide further confidence in Cobre's exploration approach, with the identification of a number of compelling new targets in the region of the Kalahari Copper Belt. We look forward to further exploration updates following the ongoing drilling programme and upcoming programme at Kitlanya West."
The strong news flow continues and 2023 looks increasingly positive for a company whose market cap is still only £25 million.

[888icb] 17/1/2023 11:43

If it is a Director buy there will be an RNS later today if you look at the last 2 Director purchases the most recent being on 10th January.

[charaxes1] 17/1/2023 11:05

Looks like a Director buy.

[wsm812] 17/1/2023 10:47

Someone has confidence in MTR, a nice sized purchase has sent the price up.

[daemonfunds] 13/1/2023 21:17

looks like they're trimming SFR after the recent bounce to (i) rationalise the facility, (ii) get some more fire power to aalocate to explorers, and/or (iii) otherwise shore up the balance sheet (perhaps ahead of another raise by one of their current holdings), and the market seems to be happy with this...

[livewireplus] 13/1/2023 15:13

Yes, hugher values are welcome ... :-)

[wsm812] 13/1/2023 14:13

This is turning into quite a defiant return to hugher values :)

[livewireplus] 11/1/2023 16:04

Indeed .... seems to be showing 7.1% up presently :-)

[888icb] 11/1/2023 15:43

MTR Up 3.6% today from just 9 buy trades for a volume of 54000. Copper continues to rise which bodes well when the copper royalties start to role in.

[charaxes1] 06/1/2023 23:01

Saadia110 it was tipped by ST in December

[saadia110] 06/1/2023 22:23

Has this been tipped somewhere, by ST perhaps?

[charaxes1] 06/1/2023 14:30

Agreed 888. The market cap is well below the current published NAV. With T3 going into production in the 2Q23 and A4 not far off there will be increasing cash flow income from the royalties. I also expect corporate activity of some sort this year. The royalty value should also be revised upwards as production ramps up on the Sandfire licences. 2023/24 should see a steady rise in the share price of MTR.

[888icb] 06/1/2023 14:02

Good day today Up 5.7% on volume of 338000.This has been moving up consistently since the latest news in December and the Director buy at 11.8p on 20th December.

[livewireplus] 28/12/2022 11:54

Indeed - given the rise so far this morning then it did look like the bottom ....

[shieldbug] 20/12/2022 12:22

Even better to see Sandfire and Cobre collaborating on an Airborne Gravity Gradient (AGG) survey.

[shieldbug] 20/12/2022 12:15

Good to see Sprott participating in the Cobre raise.

[kaos3] 14/12/2022 08:00

no good terms imho

[livewireplus] 06/12/2022 18:30

Afternoon RNS:Update on Sandfire and Margin Lending Facility

[iceagefarmer] 05/12/2022 16:31

5 December 2022
ASX Limited - Company Announcements Platform
HIGH-GRADE COPPER DISCOVERY AT COMET TARGET, NGAMI COPPER
PROJECT
Assay results deliver one of the best copper intersections in the KCB to date, confirming a
broad 30m zone of high-grade chalcocite mineralisation.
_______________________________________________________________
Highlights:
• Assay results from discovery hole NCP20A at the Comet Target, Ngami Copper Project (NCP),
Botswana have returned significant, high-grade copper-silver results, demonstrating the
potential for economic grades in the district.
• Assay results confirm visual copper mineralisation estimates1
, delineating a broad 30m
copper-silver intersection, with grades averaging 1.25% Cu and 17 g/t Ag from 128m to 158m
downhole including:
o 12.2m @ 2.5% Cu and 24 g/t Ag (2.68% Cueq
2
) or
o 5.1m @ 5.1% Cu and 32 g/t Ag (5.21% Cueq).
• The intersection includes an exceptional 1.7m @ 10.9% Cu and 45 g/t Ag (11.2% Cueq) from
155.3m to 157m downhole.
• The grade-thickness of copper-silver mineralisation from NCP20A falls into the upper 2% of
drill hole intersections from other known deposits within the Kalahari Copper Belt (KCB),
highlighting the significance of the result.
• NCP20A is part of a structurally controlled high-grade zone of copper-silver mineralisation
within the Comet target, which extends over more than 250m from previous drill hole NCP08
(10.7m @ 1.5% Cueq)
3
.
1 Refer ASX announcement 28 October 2022.
2 Cu equivalent calculated at Cu+(Ag/130).
3 Refer ASX announcement 21 September 2022.
• The high-grade zone is surrounded by a prominent lead-halo, along with several moderate
grade copper-silver intersections.
• Based on results, there is potential for several similar structurally controlled high-grade zones
to occur along the 4km length of the Comet Target.
• Diamond Drilling ongoing with a regional exploration drilling update due shortly.
Commenting on these significant high-grade copper-silver assay results, Cobre’s Executive Chairman
and Managing Director, Martin Holland, said:
“These results highlight the potential for an economic deposit to be uncovered at Comet and our
developing district within the KCB more broadly. Importantly, we believe that, based on these latest
assay results, there is much more to come.
In particular, the significance of the NCP20A copper intersection corroborates the Company’s
previously reported visual estimates. This further reaffirms our exploration methodology and the high
calibre of our African-based technical team on the ground.
Our focus continues to be aimed at identifying new targets and proving up the high-grade zones within
these.”
Cobre Limited (ASX: CBE, Cobre or Company) is pleased to announce assay results for drill hole
NCP20A which has intersected a significant zone of chalcocite mineralisation within a parasitic fold.
This fold appears to have acted as a trap-site, effectively increasing the grade and thickness of coppersilver mineralisation, a common occurrence in KCB deposits. The high-grade zone appears to extend
from drillhole NCP08 through to recently completed NCP25 to NCP20A covering a distance of more
than 250m.
Drill holes NCP19, NCP17, NCP23, NCP11B, NCP28 and NCP26 have constrained a high-grade zone
both laterally and vertically. Importantly, the high-grade zone is bounded laterally by an anomalous
lead halo. Similar anomalous lead intersections are noted in drillholes NCP14 and, in particular, NCP10
(3km to the northeast) which also exhibits parasitic folding. We believe there is potential for several
structurally controlled high-grade zones to occur within the greater 4km Comet Target.
Pictures of the high-grade chalcocite intersection are illustrated in Figure 1. Figures 2 and 3 illustrate
the location of completed drilling and assays results at the Comet Target in plan view and 3D longsection respectively.
Comet Target
The drill programme at NCP has been designed to intersect sedimentary-hosted, structurally
controlled, copper-silver (Cu-Ag) mineralisation associated with the redox contact between oxidised
Ngwako Pan Formation red beds and overlying reduced marine sedimentary rocks of the D’Kar
Formation on the limbs of anticlinal structures. The Comet Target was initially identified from its
anomalous response in partial-leach soil samples where it forms a distinctive Cu, Pb, Zn, Mo and Ag
anomaly. Drill testing of the target has identified an extensive 4km strike-length zone of steeply
dipping, predominantly chalcocite mineralisation that includes structurally controlled high-grade
zones. As with other KCB deposits, higher-grade mineralisation at Comet is expected to be controlled
by parasitic folding of lower D’Kar Formation stratigraphy within a broader, moderate grade
background. These folds typically plunge obliquely to the primary anticlinal structure and will likely
repeat along the length of the Comet Target, providing elongated zones of higher-grade
mineralisation. The high-grade zones are typically bounded laterally and vertically by prominent Pbhalos which provide a useful vector to mineralisation. Identifying the high-grade zones will dictate the
economics of the deposit

[iceagefarmer] 05/12/2022 16:16

this looks cheap

[livewireplus] 05/12/2022 13:28

RNS:Cobre Limited - High-Grade Copper Discovery at Comet Target, Ngami Copper Project