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Their portfolio of holdings ,warrants and options are listed on their website and doesn`t show any GGP shares or warrants as being held at the 30th july 2020. I believe they also trade shares so its possible they could have some in their trading account but unlikely.
I think there was some discussion on this point a short while back. In the IC article the GGP holding is about 18m shares isn't it, but some on here thought about 4m had been sold leaving 14m shares plus the warrants still held. Is anyone close enough to the company to get in touch and ask them for the current position?
GGP Warrants are not listed under their summary of warrants held at 30th July 2020.I was disappointed to see this as I condsidered GGP was one of their better investments.
From the annual report MTR held 8.1m warrants at 2.5p at December 2019 which expire August 2021. Cost of £200k to exercise but currently worth £1.2m, so book value of £1m. I do hope we still hold those!
It looks like the 2018 investment was liquidated some time in 2019 then.
Its been such a long time since I've seen or heard anything about the December 2018 GGP investment. If MTR still holds that it would be worth around £2m. In Simon Thomson's May article he seemed to think that MTR still had its investment
https://www.investorschronicle.co.uk/comment/2020/05/11/five-bargain-share-success-stories/
https://www.investegate.co.uk/metal-tiger-plc--mtr-/bus/purchase-of-interest-in-greatland-gold-plc/20181203070000Z0311/
There is also a little bit in Arkle Resources (used to be Connemara). Maybe Tally as well
I think they sold out a couple of months ago. One of the reasons I sold here,the other being the large number of shares held by the estate of the lateTerry Grammer.
ggp?
Given the volatility in prices I have updated my summary of MTRs listed investments below... all translated into GBP at current fx rates, tell me if I'm way off base. In summary, we have £16.2m in quoted investments. There is also an investment in Pan Asia Metals due to IPO in September of which we held 7.29% at last count, which I'm guessing is worth around £850k.
So around £17m in quoted or soon to be quoted investments. Current MCap of £31m. Which leaves £14m for:
- T3 royalty: capped
- Tshukudu Exploration Limited 2% NSR royalty uncapped
- Kalahari Metals 2% NSR royalty, uncapped
- Project investment in Kalahari
- Cash (no idea)
- Various warrants (no idea)
SFR - 10.34 (17.66 less 7.32 loaned out)
SAU - 1.83
CBE - 1.72
THR - 1.47
TRR - 0.74
ARV - 0.37
AUL - 0.22
PGZ - 0.15
TOTAL - 16.2