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Metal Tiger PLC (MTR)     

banjomick - 10 May 2016 16:21

logo.png                  
                                                     

Metal Tiger's mission is to deliver a high return for shareholders by investing in significantly undervalued and/or highly prospective opportunities in the mineral exploration and development sector timed to coincide where possible, with a cyclical recovery in the exploration and mining markets.



Chart.aspx?Provider=Intra&Code=MTR&Size=480&Skin=RedWhite&Scale=0&Type=2&Cycle=MINUTE1&Layout=Intra;IntraDate&E&Ind=VOLMA(60);&Layout=Intra;IntraDate&E=UK&YFormat=&XCycle=Hour2&Fix=1&SV=0Chart.aspx?Provider=EODIntra&Code=MTR&Size=480&Skin=BlackBlue&Type=2&Scale=0&Span=MONTH6&MA=&EMA=&OVER=&IND=VOLMA;&XCycle=&XFormat=&Layout=2Line;Default;Price;HisDate&SV=0


NEWS
MTR Website & All The NEWS
Asset Trading Page

12th Mar 2018 Additional Investment into MOD Resources Limited
01st Mar 2018 Directorate change
27th Feb 2018 Investment in Connemara
22nd Nov 2017 Submission of Members Statement to Kingsgate
24th Aug 2017 Botswana Copper/Silver Project – T3 Mineral Resource Estimate Upgraded

VIDEO/AUDIO/PRESENTATIONS



EVENTS
21st Apr 2018 UK Investor Show 21st April 2018


SOCIAL MEDIA
twitter-MTR
twitter-MOD Resources Ltd

dreamcatcher - 16 Feb 2017 15:27 - 307 of 474

Jumped in here today. :-)) cheers for all your work banjo.

banjomick - 16 Feb 2017 20:32 - 308 of 474

No problem, hope it works out for you. Should get news update from MOD tonight which will have an effect one way or t'other.

geoffsh - 16 Feb 2017 22:13 - 309 of 474

This is a link to todays ( Fridays ) announcements on the Australian Stockmarket.




http://www.asx.com.au/asx/statistics/todayAnns.do



The asx code is MOD


All going well the results should be out between now and 11pm our time.

banjomick - 17 Feb 2017 00:29 - 310 of 474

•Release Date: 17/02/17 10:23
•Summary: 75m Zone of Mineralisation Intersected Below T3


http://www.asx.com.au/asxpdf/20170217/pdf/43g2htv5hcgl0h.pdf

dreamcatcher - 17 Feb 2017 06:35 - 311 of 474

Good news

dreamcatcher - 17 Feb 2017 06:54 - 312 of 474

Set a cheeky or very cheeky sell order, if it triggers I will be well pleased.

dreamcatcher - 17 Feb 2017 15:42 - 313 of 474

Thought there would still be a small rise. Read that one wrong.

kimoldfield - 17 Feb 2017 20:14 - 314 of 474

Should have gone up because I didn't buy any! :o)

dreamcatcher - 17 Feb 2017 20:43 - 315 of 474

Some of the goings on today with the sp, just unbelievable . Many stops taken out.

geoffsh - 18 Feb 2017 22:05 - 316 of 474

For any new investors who have come on board recently this link regarding MOD will get you up to speed on the potential of the company you have invested in.

Could be one of your best ever investments.



hxxp://media.wix.com/ugd/a5d095_e6edd7db18504da38b3bc9f655f1baf6.pdf

banjomick - 19 Feb 2017 21:12 - 317 of 474

Clickable link for above:

http://media.wix.com/ugd/a5d095_e6edd7db18504da38b3bc9f655f1baf6.pdf

dreamcatcher - 23 Feb 2017 10:35 - 318 of 474

Tree shake

geoffsh - 23 Feb 2017 22:21 - 319 of 474

Interesting post from Freeheal on Hot Copper.

Looking again atthis announcement, I really think market is ignoring significance of this new mineralisation. How would market have reacted if MOD had found a 75m intersection say 2km along strike? It would have been a lot more than the 17% jump or something MOD have seen, but the economics of a thicker T3 deposit and chances of this new band extending for a similar strike length under T3 are probably better than if they'd got the same hit somewhere along strike.

In the announcement MOD talk about the mineralised zone in 65D now being 156m wide. That's of course not true width as that 156m in made up of various bands of copper sulphides. But speculating for a moment, imho the depth of mineralisation they're now seeing makes it more likely that there will now find further T3s along strike. This is what they said in the Maiden Resource announcement:

"Mineralisation can be best described as a sheeted vein deposit dipping at 25 degrees to the north. Interpretation of the drilling data has defined a shallow north east plunge. The thickness throughout the deposit may represent multiple stacked, mineralised horizons, thrusted one upon the other."​

65D suggests the vertical depth has essentially tripled. If they're correct on their interpretation of the sheeted vein mineralisation being hosted by the thrust fault, then given the thrust fault is a regional-scale feature many kilometres long it is surely improbable that the mineralisation is limited only to a small 1km part of the thrust fault. There were clearly massive processes involved in forcing the mineralising fluid up into multiple stacked horizons of veins up to 150m thick - yet somehow only over a 1km strike? MOD just need to come to the party with another strike to prove this theory holds.

banjomick - 24 Feb 2017 11:15 - 320 of 474

24 February 2017
Metal Tiger Plc
("Metal Tiger" or the "Company")

Cessation of Tanzanian JV

Metal Tiger (LON: MTR), the natural resources investing companytoday confirms that it has reached agreement with Kibo Mining plc, the Companys Joint Venture (JV) partner in Tanzania to cease JV activities at the Pinewood and Morogoro Joint Ventures with immediate effect and relinquish the licences back to the local authorities.

Background information with regard to the JVs can be found in market announcements released on 21 November 2014 in respect of Pinewood and 19 January 2015 in respect of Morogoro.

Both Metal Tiger plc and Kibo Mining plc have experienced considerable success in respect of certain other projects of their business portfolio and this has led to these interests becoming the absolute focus of each company.

Metal Tigers investment in Botswana has seen a substantial and developing Copper/Silver discovery and significant progress is being made in the Companys investment in Thailand where the JV partner is looking to permit and produce from a longstanding silver/lead/zinc mine with processing plant (requiring refurbishment) in-situ. Kibo Mining has substantially advanced its Mbeya Coal to Power Project as well as its Imweru and Lubando gold projects, as evidenced by the recent completion of the Integrated Bankable Feasibility Study announced to the market on 23 January 2017.

From a corporate perspective each of the projects noted latterly have the ability to materially further the success of the companies, and also provide a significant opportunity, through continuing investment, to have a major local economic impact, providing much needed commodities in the case of Botswana and Thailand, and power in the case of Tanzania. Furthermore should the companies continue to invest successfully, there will be a continuing increase in the number of employment opportunities and socio-economic benefits for the local communities where the projects are situated and also for the local, regional and national governments through the generation of mineral royalties and corporate taxation.

It is therefore appropriate that both companies focus their efforts, energies and resources on these important core projects and take the steps necessary to reduce non-core investments and activities, including Pinewood and Morogoro, which although worthwhile in themselves, could distract each company from their main commercial purpose.

Both companies can confirm that there are no material ongoing costs to be covered as a result of the cessation of the Joint Ventures.

Metal Tiger retains 10m warrants to subscribe for Kibo Mining plc new ordinary shares at a price of 9p (and subject to two exercise price increases if Kibo Mining shares trade at 18p or higher for 15 consecutive trading days full terms detailed in 19 January 2015 announcement) with an exercise period until 25 February 2018.

Metal Tiger has confirmed it will not invest in Tanzania for a minimum period of 6 months from todays date, however Metal Tiger agrees that Kibo Mining may work with other parties to reconstruct a portfolio of Uranium interests in Tanzania, should Kibo choose to so do at some point in the future.

Michael McNeilly, CEO of Metal Tiger plc commented: "Both Kibo Mining and Metal Tiger commenced the Joint Ventures as smaller companies with earlier stage interests. Both companies have been fortunate and achieved considerable success in certain projects and it has been necessary to focus time and resources on the areas of our business where the most rapidly advancing progress was possible.

Given the need for continuing focus for commercial reasons, and reflecting the impact our commercial success would have on the local economies in which we work, it is essential for us to ensure we focus our efforts in the most important areas.
We wish our friends at Kibo Mining great success with their work and are grateful for the opportunity that the investment in Kibo Mining in late 2014 and early 2015 and the Joint Ventures themselves, provided for the Metal Tiger business and its shareholders."

Kibo Minings CEO. Louis Coetzee commented: In late 2014 and early 2015 the 450,000 invested by Metal Tiger made a material difference to the financing of Kibo Mining at the time, and we were and are grateful for that support.
The Joint Ventures at Pinewood and Morogoro have not progressed as planned as explained above and although unfortunate, this reflects the need to focus investment correctly in smaller companies with multiple projects. Our decision is however in perfect alignment with our stated strategy to reduce the Companys exposure to early stage exploration projects.

http://www.moneyam.com/action/news/showArticle?id=5501885

banjomick - 06 Mar 2017 00:57 - 321 of 474

6 March 2017

Substantial New Copper Zone below T3 Resource- 72.6m @ 1.5% Cu and 27g/t Ag


. 72.6m @ 1.5% Cu and 27g/t Ag intersected in MO-G-65D from 250m down hole depth
. Includes high grade intersection of 18m @ 2.7% Cu and 52g/t Ag from 280m
. Extends potential >100m below current T3 resource and still open at depth
. Hole MO-G-66D intersected separate zone of disseminated Cu, ~250m below resource
. Four diamond core drill rigs now testing strike extent and geometry of new zones

MOD Resources Ltd (ASX: MOD) is pleased to announce assay results have confirmed the discovery of significant widths and grades of copper and silver mineralisation below the current T3resource. The intersection comes exactly one year after the initial discovery of T3.

T3 forms part of a joint venture with AIM-listed Metal Tiger Plc (30%) relating to an extensive holding of licences in the central and western parts of the Kalahari Copper Belt in Botswana.

***More from Link below***

https://hotcopper.com.au/threads/ann-substantial-new-copper-zone-below-t3-resource.3276164/?post_id=23118254#.WLyw6u9vg1I

banjomick - 06 Mar 2017 10:50 - 322 of 474

6 March 2017
Metal Tiger Plc
("Metal Tiger" or the "Company")

Botswana Copper/Silver Project 72.6m New Copper Zone Confirmed below T3 Resource

Metal Tiger plc (LON:MTR) the London Stock Exchange AIM listed investor in strategic natural resource opportunities is pleased to provide an update regarding the Companys Joint Venture (JV) project with partners MOD Resources (ASX:MOD) in the Kalahari Copper Belt in Botswana (70% MOD Resources / 30% Metal Tiger). Metal Tiger also holds 81,102,302 MOD shares, equivalent to 4.975% of MODs issued share capital and 1,541,667 MOD warrants at an exercise price of 6 cents (Australian).
Results from the on-going T3 infill and extension drilling programme has confirmed a substantial new copper zone below the current T3 Resource.

http://www.moneyam.com/action/news/showArticle?id=5507209

banjomick - 06 Mar 2017 11:39 - 323 of 474

Metal Tiger and partner hit potential new copper zone in Botswana
10:46 06 Mar 2017

Michael McNeilly, chief executive, said the new zone consisted of more than 72m of 1.5% copper

757z468_IMG_0633_58bd3f660b2b3.JPG

Metal Tiger PLC (LON:MTR) has reported another potential significant copper find by its partner at the T3 deposit in Botswana and this time directly beneath the current resource.

Michael McNeilly, chief executive, said the new zone consisted of more than 72m of 1.5% copper from 250m down with a high grade zone of 18m at 2.7% Cu and 52g/t silver from 280m.

“If this New Zone mineralisation is shown to be laterally extensive by the continuing deep infill drilling programme, it has the potential to deliver a significant T3 Resource upgrade and further improve the potential project economics.”
Metal Tiger’s partner MOD will incorporate these findings into the ongoing T3 Pre-feasibility study, while drilling under a current in-fill program will now go deeper to test for the new zone.

The current T3 deposit scoping study was based on a 2Mtpa processing plant, an indicative mine life of 10 years and an average production rate of 21,800tpa of copper and 665,000tpa of silver.

Philip Whiterow

69060_163846843643689_7687549_n.jpg?oh=d

banjomick - 07 Mar 2017 08:06 - 324 of 474

Tue, 7th Mar 2017 07:24
Metal Tiger Plc
("Metal Tiger" or the "Company")

Thai JV Spinout and Update on Thai Minerals Act

Metal Tiger Plc , the London Stock Exchange AIM listed investor in strategic natural resource opportunities, is pleased to advise that the Company has completed a successful pre-IPO private placing with High Net Worth and Sophisticated Investors for KEMCO Mining PLC (“KEMCO”), which will be the listing vehicle for the Company’s Thai JV.

Highlights:

.Placing of 514,500 fully paid Warrants to subscribe for one ordinary share each in KEMCO upon successful admission to AIM, at a 20% discount to the admission price, raising gross proceeds of £514,500

.Contingent upon successful admission to AIM, a further warrant to subscribe for ordinary shares in KEMCO at a 50% premium to the admission price within a 24 month exercise period. These further warrants are to be issued on a one for one basis by reference to the number of KEMCO shares issued as a result of the placing warrants

.Should the admission of KEMCO not occur by 13 October 2017, the warrants will automatically convert into Metal Tiger shares by reference to the 15 day VWAP following this date, less 20%

.Should MTR announce via RNS that the IPO of KEMCO will no longer occur, the warrants will automatically convert into MTR shares by reference to the 15 day VWAP following the date of the announcement, less 20%

.Participation of both MTR Directors and prospective KEMCO directors, along with employees of both companies totalled £67,000 (MTR Directors participated for £35,000)

.Strong support from existing MTR shareholders

.Proceeds to be used to fund IPO costs and for ongoing working capital of Thai operations

Separate to the pre-IPO fund raise, since 1st January 2017 to date, Metal Tiger has provided funding of approximately £590,000 to the Thai JV to cover working capital and advisers’ costs. Metal Tiger will likely contribute further moderate sums to support the Thai operations between now and completion of the Kemco Mining IPO.

Thai Minerals Act

Metal Tiger PLC is also pleased to announce that the new Minerals Act has been signed by the King of Thailand and will be in force on 30 August 2017. The signing of the draft and its subsequent implementation has come quicker than we had previously anticipated, removing a key element of timetable uncertainty in the permitting process. We are pleased that our Thai partners will be in a position to make submissions to the relevant authorities at an earlier date and have full confidence that they will make the strongest possible case for the permitting of both Boh-Yai and Song-Toh historical mines.

Michael McNeilly, Chief Executive Officer of Metal Tiger plc, commented: “We are delighted to have closed this pre-IPO funding round for KEMCO which has received strong support from existing MTR shareholders and the directors and employees of both companies. This demonstrates a confidence in the quality of our Thai JV assets and their potential as a standalone entity and creates a solid foundation for the IPO.

We are also very pleased the new Minerals Act has been signed ahead of expectations. This demonstrates the Thai Governments long term commitment to the extractive industry. We look forward to continuing to work closely with our Thai JV partners to make the IPO a success.”

Metal Tiger Directors Investment

***See Link Below for More***

http://www.moneyam.com/action/news/showArticle?id=5507914

banjomick - 17 Mar 2017 12:20 - 325 of 474

17 March 2017
Metal Tiger Plc

Statement re: MOD Resources Limited, Share Placement.

Metal Tiger plc (LON:MTR) the London Stock Exchange AIM listed investor in strategic natural resource opportunities notes the announcement made by MOD Resources Limited (ASX:MOD) on 17th March 2017.

The announcement highlights are:

.$14.6M raised in share placement to institutions, professional and sophisticated investors (before costs)

.Placement was heavily oversubscribed

.A range of quality institutional investors join MODs share register

Metal Tiger holds 81,102,302 MOD shares, equivalent to 4.975% of MODs issued share capital and 1,541,667 MOD warrants at an exercise price of 6 cents (Australian).

Funds raised from the Placement will primarily be used towards a substantial CY17 exploration program, which aims to extend the T3 open pit to the east and west and at depth, the T3 dome, and to test other targets in the T3 area and regionally.

The Board is extremely pleased to see such high calibre institutions support our growth strategy by participating in this placement. We look forward to an exciting period of exploration and project development in this highly prospective region.

Michael McNeilly, Chief Executive Officer said,
Were very pleased by the news today from MOD. This financing further validates the exceptional quality of the Botswana project and we are delighted that this raise will further accelerate the joint venture work program on the ground. We look forward to continuing our work with MOD on further exploration of the T3 copper project.

The full text of the MOD Resources announcement of can be seen in the notes to editors or downloaded from the MOD Resources website here:
http://www.modresources.com.au/asx-announcements


http://www.moneyam.com/action/news/showArticle?id=5514850

dreamcatcher - 20 Mar 2017 19:59 - 326 of 474

Looking for 3p tomorrow.
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