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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Metal Tiger Plc | LSE:MTR | London | Ordinary Share | GB00BMQC0691 | ORD 0.1P |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.00 | 0.00% | 9.06 | 0.00 | 00:00:00 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 8.00 | 10.00 | ||||
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| - |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| - | O | 0 | 9.06 | GBX |
Metal Tiger (MTR) Share Charts1 Year Metal Tiger Chart |
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1 Month Metal Tiger Chart |
Intraday Metal Tiger Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 20/9/2024 | 11:05 | Metal Tiger - Earning its stripes! | 8,641 |
| 13/10/2021 | 12:17 | Metal Tiger - Jam in 5 years time | - |
| 28/6/2019 | 12:25 | Metal Tiger at UK Investor Show | 1 |
| 12/5/2018 | 15:34 | Metal Tiger PLC | 1,391 |
| 17/2/2017 | 07:58 | MTR Corp. of Hong Kong : Transport beyond Suburbs | 5 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
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| Top Posts |
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Posted at 20/9/2024 11:05 by charaxes1 Interesting to note that SRT's largest equity holding (approx 24%), Cobre, listed on the ASX has this morning gone into a trading holt, pending release of a material transaction involving some of their Botswana copper assets. It could be the announcement of a JV with BHP following the XPLOR program that Cobre were awarded earlier in the year? I guess we will know by Tuesday. Hopefully the announcement will have a positive impact on Cobre's share price and in turn on SRT's NAV. This will probably make SCP wince! |
Posted at 05/6/2024 10:09 by shieldbug If only it were a case of running gains. My recollection was the share price tanked when they announced leaving AIM and never recovered. I still hold and will be thankful if I get my money back. There is though a reassuring interview with Rick Rule from last week on Youtube that gives me some hope that they haven't just stolen shares from AIM holders. Which ever way you look at it depository receipts are not shares. I wouldn't trust them with more of my money. |
Posted at 04/6/2024 17:34 by 888icb Can any Strata shareholders help with a problem regarding buying Strata Shares. My wife held MTR in an Interactive Investor SIPP and allowed it to be converted to a Strata. Last night I tried to buy more but it would not process the transaction. I rang II today who said that because of the structure of Strata Holdings II don’t facilitate buying Strata. It’s fine to hold it in the SIPP and sell it but I can’t buy any more. Has anyone else encountered this problem with II or other brokers and do you know which brokers will allow you to buy Strata. Many thanks. |
Posted at 30/5/2024 07:06 by 888icb The article continues:“ Blue sky potential The company’s chief executive Michael McNeilly has a point when he says that “we hold a one-of-the-kind copper-silver royalty interest with substantial blue-sky potential and clear near-term value catalysts”. For instance, the first ore from the A4 project is on track to be delivered to the Motheo processing plant in the third quarter of 2024 and Sandfire has now completed a programme of 29 drillholes at A4 to test for dip and strike extensions of the known mineralisation. In addition, the valuation of the A4 project uncapped NSR embedded a medium-term copper price of $9,605 per tonne and a resource size of 9.7mn tonnes, both of which should have material upside to drive up the value of the royalty. It’s certainly good news for shareholders, many of whom will have bought shares on my advice when the shares were previously listed on AIM under the name Metal Tiger prior to the transfer of the listing to the ASX (‘A change in listings could make this stock a bargain’, 9 March 2023) and continued to hold when I covered the annual results (‘Is this mining investment company still worth holding?’, 18 March 2024). The share price has risen 50 per cent since then and now trades in line with a conservative-looking TNAV of 27.4c. I expect further share price upside as more investors cotton onto the hidden value in Strata’s NSRs, so I would run your gains. Hold.” |
Posted at 30/5/2024 07:04 by 888icb Simon Thompson has done an article today:“ These shares are up 50% in a month – can the rally continue? The buoyant copper price and a potentially lucrative new venture have finally sparked the share price into action May 29, 2024 Sandfire Resources reports important resource estimate Potential for material uplift in Strata’s net smelter royalty Copper price surges 22 per cent to all-time high since 1 April Strata share price rises 50 per cent in May ASX-listed shares in natural resources investment company Strata Investments (AU: SRT – 27¢) have been on a tear in the past month. This is in part due to the strong copper price. It is also because Australian Stock Exchange-listed Sandfire Resources (ASX:SFR), a A$4.3bn (£2.2bn) mining and exploration group that is developing the T3 Copper-Silver and A4 projects in Botswana’s Kalahari Copper Belt, has reported a maiden Inferred Mineral Resource at the nearby A1 copper-silver deposit – and Strata stands to benefit. Located 20km northeast of Motheo Copper Mine, the A1 deposit comprises 5.6mn tonnes at 1.3 per cent copper and 10 grams per tonne of silver, equating to 73,000 tonnes of contained copper and 2mn ounces of contained silver worth around $845mn at spot prices. Sandfire chief executive and managing director Brendan Harris sees "real potential for the resource to grow as we increase drillhole density and test the open extent of the orebody". Based on Sandfire’s experience in the Kalahari Copper Belt, it is highly likely that the deposit could be mined as an open cut operation. This not only enhances the financial viability of the A1 project, which already benefits from its proximity to Sandfire’s processing facilities, but should expedite production timelines, too. With the copper price trading close to an all-time high of $11,440 per tonne, and strong fundamentals supporting a high price, expect the A1 project to be given the green light in due course. It is a significant development for Strata which holds a 2 per cent uncapped net smelter return royalty (NSR) across an area covering 8,000 square kilometres of Sandfire’s mining projects, including both the A1 and A4 projects. The NSR on the A4 project accounted for $22.6mn (£11.8mn) of Strata’s net tangible asset value (NTAV) of $46.4mn on 30 April 2024, so it is an important asset. The maiden resource estimate on the A1 project not only supports the potential for royalty revenue from future mining operations, but it will also increase the value, marketability and potential sale price of Strata’s royalty interest. It could be material for shareholders given that the NSR over the A1 project is not included in Strata’s NTAV. |
Posted at 07/2/2024 10:40 by billionairepaddy anybody know whats happening to those shareswhat price now and are they tradeable |
Posted at 08/9/2023 17:52 by 888icb Continued:Strata held 4.8mn shares worth £15mn at the end of June 2023 and has since sold 3.5mn shares for A$22.1mn (£11.3mn) which have been used to pay-off A$12.2mn of collateral loans. It leaves the company with net cash of A$9.9mn (£5mn) and 1.36mn retained Sandfire shares worth A$8.9mn (£4.6mn) which back up 62 per cent of Strata’s market capitalisation of $30.4mn (£15.5mn). Moreover, in the past few weeks, Sandfire has secured an extension to the Mining Licence for the Motheo Copper Mine (including the A4 Deposit), marking a major step forward in the Motheo expansion project which includes the A4 Deposit over which Strata has a two per cent uncapped Net Smelter Return (NSR). Strata also has a $2mn capped NSR over the T3 Open Pit which it expects to receive proceeds from by the year-end. Development and mining of the A4 Deposit is expected to commence in the next quarter of Sandfire’s 2023-24 financial year, so expanding the mining footprint that currently encompasses the T3 Open Pit. It will see processing capacity increase from an initial rate of 3.2mn tonnes per annum to 5.2mn tonnes within months, ramping up thereafter. Sandfire’s managing director and chief executive, Brendan Harris confirmed the importance of the extension, noting that “it is a critical step for our newest mine and we look forward to seeing the higher grade A4 Pit contribute to the expanded Motheo mining complex.” Harris expects it to produce more than 50,000 tonnes of contained copper in the 2025 financial year. That's around $422mn of revenue at the current market price. Cash and Sandfire interests exceed market capitalisation This is hugely important to Strata. That’s because the company’s uncapped NSR has a book value of A$21.2mn (12.5c) and accounts for 39 per cent of NAV at 31 July 2023. It is likely to be worth far more as output from the A4 Deposit ramps up, a point that Strata’s share price simply fails to reflect. In fact, the combined value of the two NSRs, net cash and the holding of listed Sandfire shares are worth A$42mn, or 38 per cent more than Strata’s market capitalisation of A$30.4mn alone. So, although Strata’s shares have yet to re-rate as I had anticipated (‘A change of listing could make this stock a bargain’, 6 March 2023), I feel that resource-hungry investors in Australia are likely to cotton onto the value on offer when Sandfire ramps up output at the expanded Motheo mining complex. Strata’s 44 per cent share price discount to NAV and the improved risk profile following the de-leveraging of the company's balance sheet has made the shares a buy. |
Posted at 08/9/2023 17:49 by 888icb A cash-rich stock on a huge discountThis company’s cash is worth 38 per cent more than its market value alone September 7, 2023 By Simon Thompson First half pre-tax loss of £4.9mn mainly due to losses on three holdings Part disposal of Sandfire shares wipes out borrowings Net cash, retained Sandfire shares and smelter royalties worth more than market value 44 per cent discount to NAV. Strata Investments (ASX:SRT -18c) has released its first set of results since the investment company de-listed its shares from London’s junior market in March 2023. Formerly known as Metal Tiger, the directors have been cleaning up the company’s balance sheet, exiting 10 passive investments and partially exiting a further nine investments, realising £6.5mn of cash proceeds in the process and crystalising a small loss of £24,000. However, the reversal in the share prices of three Australian Stock Exchange-listed resource companies was the main reason for the first half pre-tax loss of £4.9mn. The holdings are Cobre Pty (ASX:CBE), a company that acquired Metal Tiger’s interest in Kalahari Metals, Southern Gold (ASX:SAU) and Armada Metals (ASX:AMM). Combined they were marked down in value by £2.9mn and accounted for £4mn of Strata’s net asset value (NAV) of £27.7mn (16.35p, or 31.1c) at 30 June 2023. The three holdings have since lost a further third of their value despite promising news flow. For instance, Cobre has announced the discovery of a significant copper anomaly at its Kitlanya West Project in Botswana, and its Ngami Copper Project (NCP) has confirmed its potential as an in-situ leaching copper mining opportunity. The company intends to release an Inferred Resource and Exploration Target Category modelling results in the coming weeks, which will provide further insight into the project’s scale and potential avenues for expansion. Positive news on smelter royalties The good news is that Strata’s largest holding, Australian Stock Exchange-listed Sandfire Resources (ASX:SFR), has more than made good that paper loss, hence why the company’s latest net tangible asset value has risen from A$52.8mn to A$53.8mn (£27.9mn, or 31.75c a share) since the half-year end. Sandfire is a mid-tier A$3bn (£1.5bn) market capitalisation mining and exploration group that is developing the T3 Copper-Silver and A4 projects in Botswana’s Kalahari Copper Belt. |
Posted at 28/3/2023 14:13 by wsm812 I asked BARD to predict if MTR will trade higher once solely on ASX - a very non-commital answer is below:Based on the search results I have found, it is difficult to predict whether MTR will trade higher on the ASX. The company's stock price has been on a downward trend in recent months, but there are a number of factors that could affect its future performance, such as the strength of the global economy, the price of gold, and the company's own business decisions. Some analysts believe that MTR is undervalued and that its stock price could rebound in the near future. Others believe that the company is facing challenges that could continue to weigh on its stock price. Ultimately, it is up to investors to decide whether they believe MTR is a good investment. |
Posted at 22/2/2023 19:38 by aqc888 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. |
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