Business TV5 Sep 2019 09:19
Metal Tiger: Pouncing on Natural Resource Investments
https://t.co/2GJ1iVbFNB?amp=1
CEO, Michael McNeilly discusses some of the company’s natural resource investments
Metal Tiger Plc is a London Stock Exchange AIM-listed investing company primarily focused on undervalued natural resource opportunities.
The company invests directly into projects, but they usually take minority stakes and non controlling positions where they can make a return and obtain a liquidity event.
“We’ve invested 7.7 million pounds into MOD Resources and the recent takeover offer from Sandfire Resources would place our value at about 25 million pounds”, says McNeilly.
Metal Tigers’ Cobre Investment, looks like it’s indicative of a VMS (Volcanogenic Massive Sulphide) type deposit in Australia. These types of deposits are exceptionally rare. ” It certainly will generate a lot of interest. We beat out a lot of interested parties to get that deal”, says McNeilly.
More on Metal Tiger
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.
For more information on Metal Tiger Plc (MTR:LON) please fill out the form below.
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Partnerships in mining: Standing your ground
A prime example happened earlier this year when it was announced Sandfire Resources (ASX:SFR) had made a takeover bid for MOD Resources (ASX:MOD,LSE:MOD).
https://investingnews.com/daily/resource-investing/partnerships-in-mining/
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