Member Info for forest4032

UP 3 Per cent
4.0323 +0.1213 +3.10%

https://www.investing.com/commodities/copper-streaming-chart

Reposted

Who visit here and a prosperous 2023
Thanks thefierce1 its been a painful 2022
Courtesy of
@chrisjparrish

$SFR Latest sat images show Sandfire quietly getting on with drill exploration for #Copper at the large A1 Dome 22km NE of Motheo T3 mine. A 3km strike under scrutiny. A1 bears important similarities to T3 + A4 Domes so could well be another feeder to Motheo.#MTR has 2% NSR here.

https://twitter.com/i/status/1606574262885797889
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#Chile #copper production down 5.5% in November

Copper output in Chile, the world’s largest producer of the metal, fell 5.5% year-on-year to 459,229 tonnes in November, the country’s statistics agency INE said on Friday
https://t.co/mR3E85EChn
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Compound disinterest
The problem could be compounded if the next biggest #copper mid-tier, Sandfire Resources (ASX:SFR) is also taken out, a growing possibility with the company now internationally focused, 36% down on its 2018 high without long-term MD Karl Simich.
$SFR #Motheo
https://t.co/x3Dc68yQmM

Who visit here and a prosperous 2023
Thanks thefierce1 its been a painful 2022
Courtesy of
@chrisjparrish

$SFR Latest sat images show Sandfire quietly getting on with drill exploration for #Copper at the large A1 Dome 22km NE of Motheo T3 mine. A 3km strike under scrutiny. A1 bears important similarities to T3 + A4 Domes so could well be another feeder to Motheo.#MTR has 2% NSR here.

https://twitter.com/i/status/1606574262885797889

Metal Tiger plc (AIM: MTR, ASX: MTR), the AIM and ASX listed investor in natural resources opportunities, notifies that today, the Company’s Chief Executive Officer, Michael McNeilly, purchased, in aggregate 100,000 ordinary shares of 0.1 pence each in the capital of the Company (“Ordinary Shares”) on market at an average price of 11.8 pence per share, for a total consideration of £11,800.

https://www.lse.co.uk/rns/MTR/director-dealing-wh4hcowg78ynlk5.html

Cobre Ltd (ASX:CBE) CEO Adam Wooldridge speaks to Proactive after announcing a A$5 million capital raise that will be used to accelerate exploration in the Kalahari Copper Belt in Botswana. Wooldridge, who took over as CEO this month, says that the company is "in a great position" heading into 2023.

https://t.co/CnIqztOyL5

Investment in Cobre Limited

https://www.lse.co.uk/rns/MTR/investment-in-cobre-limited-a0hkd450nxo4iee.html
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Sandfire Disposal and Margin Lending Facility Update

https://www.lse.co.uk/rns/MTR/sandfire-disposal-and-margin-lending-facility-update-af1nvg8on09kl0o.html

$5M Placement to Accelerate Exploration in Botswana

https://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=02614125
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Proposed issue of securities - CBE

https://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=02614126

Trading Halt
Pending release of announcement of material capital raise

https://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=02613427

Net Tangible Asset Backing

https://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=02612416

Cobre and Sandfire Resources Sign Collaboration Agreement

https://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=02612147

3.92.50 UP 3.2%

https://t.co/Vy7uHg2wPx

Sandfire to consider EOI for DeGrussa Copper Operations

https://t.co/qUEApXxTju
SFR 5.67 up 4.81%

06 December 2022

Metal Tiger plc

(“Metal Tiger” or the “Company”)

Update on Sandfire and Margin Lending Facility

Metal Tiger plc (AIM: MTR, ASX: MTR), the AIM and ASX listed investor in natural resources opportunities, is pleased to announce that it has completed the sale of 1,300,000 shares in Sandfire Resources at approximately A$5.357 per share, raising gross proceeds of approximately A$6.929m.

Metal Tiger has used part of the proceeds of the sale to take up its pre-emptive rights in the retail component of Sandfire’s Entitlement Offer for a total investment of A$2,034,824.50 for an additional 473,215 shares in Sandfire at a price of A$4.30 per share.

Additionally, A$3.894m from the proceeds of the sale have been used to reduce the loan balance outstanding under the Margin Lending Facility to approximately A$0.85m.

The balance of approximately A$1m from the proceeds of the sale will be used for working capital.

Following disposal of the 1,300,000 Sandfire Shares, Metal Tiger is interested in 5,706,953 Sandfire Shares representing approximately 1.29% of Sandfire’s current issued share capital. Post completion of Sandfire’s Entitlement Offer, Metal Tiger will be interested in 6,180,168 Sandfire Shares representing approximately 1.39% Sandfire’s enlarged issue share capital.

As previously announced, 2,842,667 of the Sandfire Shares held by the Company are subject to an equity derivative financing arrangement with a global investment bank. 1,675,125 shares are secured under this facility against a loan outstanding of approximately A$7.042m falling due on 16 December 2022.

For further information on the Company, visit www.metaltigerplc.com

Update on Sandfire and Margin Lending Facility

https://www.lse.co.uk/rns/MTR/update-on-sandfire-and-margin-lending-facility-v0xp5qv006lr48r.html

Wrong link previous
Thick High-Grade #Copper #Assay Results at #Ngami

https://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=02608072

$CBE Cobre 05/12/2022

Thick High-Grade #Copper #Assay Results at #Ngami

https://asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=02608071

$MTR.L #MTR
@metaltigerplc

@MiningBotswana

#Kalahari #Copperbelt #ASX

Disposal of interest Kalahari Metals Limited

https://www.lse.co.uk/rns/MTR/disposal-of-interest-kalahari-metals-limited-ebeejpo7ozv***t.html
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Michael McNeilly, Chief Executive Officer of Metal Tiger, commented:

"We are pleased to have completed the disposal of our interest in KML, which completes an important transition phase for Metal Tiger PLC as we move away from our project investment division to focus our strategy on substantially growing the Company's net assets. We retain our exposure to KML's highly prospective exploration opportunities in Botswana through our 20.58% shareholding in Cobre.



"As a business, this enables us to operate more efficiently, with greater available resource for operational improvements. I am excited for this new era for Metal Tiger, and look forward to providing further updates on our progress as we look to optimise the business and structure to deliver returns for shareholders through investment in value-accretive and high potential mineral opportunities."

Cobre Completes Acquisition of 100% of Kalahari Metals

https://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=02605979

MTR.AX 0.3400 +0.0900 UP 36.00%

Trading Halt

https://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=02599875
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Sandfire Announces Entitlement Offer

https://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=02599919
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Sandfire Entitlement Offer Investor Presentation

https://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=02599920
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Proposed issue of securities - SFR

https://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=02599921
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3.9030 +0.1450

https://www.investing.com/commodities/copper-streaming-chart