Andrada Mining acquisition elevates the miner to emerging mid-tier status. Watch the video here.
Bed and ISA?
Thanks Forrest. Looks like another step closer to attaching a monetary value to MTRs 2% uncapped royalty.
Trident would not be able to afford them!
Hi Themis it was working fine a couple of hours ago. It now looks as though it has crashed.
Seems ok on mine Themis.
New website just up. Looks very professional. Good tribute to Terry by leaving him as part of the team in memoriam.
Very sad news. He leaves a legacy that is the foundation of Metal Tiger. I am sure the team will build on this and take it to the next level.
Once the drill program on A4 has been completed an inferred resource can then be calculated. This will give a tangible monetary value to MTRs Royalty. It will all come down to contained copper and an easy enough calculation. It could be very very substantial. This excludes KML. If KML his something similar then this could be something very special.
MMc resigned his directorship from this life style company so I doubt MTR still hold shares in Arkle.
MTR have stated that they are looking to invest in early stage high impact projects such as Cobre, Southern Gold, KML etc.... The trading arm is periphery to this and provides the jam. I understand it was MTRs intention to get rid of some of the legacy rubbish excluding GGP. Now is not the time to write another collar using the SFR shareholding unless there is another serious investment to be had.
The sells after 11:00pm looks suspiciously like "wash trading" to me!
Andy, SFR share price not good enough at the moment to write a new collar. Better to wait for a higher share price which will give more upside to MTR.
Good article.
Keith, I would agree with your comments. It is usually an act of desperation. Look at Victoria Oil and Gas as a case in point. A complete disaster! After the last financial crash a number of NYSE companies went for a share consolidation. In most cases it back fired!
Hello Keith, Hopefully Simon Thompson of the Investors Chronicle will do a follow up on his piece on MTR earlier in the year as one of his top 10 picks for 2020. His audience reaches nearly 300,000 subscribers. A very powerful medium. The 2% Royalty ex T3 will attract interest from Royalty companies and also a Institutional Interest. At the moment, aside from on line interviews, there is not a lot else the Board can do. We need to get an inferred resource on A4 and a monetary value attached to the Royalty then they can really bang the drum about “hidden value”. As for an agenda point on a Board Meeting I am sure that it is an agenda point but such Board meetings are not open to the public. Anyway we are travelling in the right direction.
Hi Keith, this should be seen as very positive. Personally I would like to see the 20% holders take mainly shares in Cobre and some cash. Cash should be conserved for the drill program.
MP you clearly have done very little research. The Royalty revenue might be sometime away but any inferred resource estimate on A4 etc... will give an immediate monetary value on the Royalty using a 5% DCF. If you care to go back through a couple of days of posts on here one poster put it very eloquently. In addition MTR are not completely tied to SFR they have a number of very interesting projects that are still running. Good luck with GGP they have found a very Interesting deposit. I was fortunate to follow MTR when they were raising at the 0.15p level a few years ago. I sold out at 2.75p but still hold shares from the various warrant conversions. At some point I will look to sell down some of my GGP and invest further here.
DP why have you come to the MTR Board to brag? It is not a good trait! Better off on the GGP Board. Many of the MTR followers bought GGP on the Back of the various placing some years ago.