focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
A3 is a one off payment of USD2m royalty. Love to see a 10% div but that will never happen. MTR will be taken out in 2 years.
That would be nice but not really feasible. A 10% return would be way too generous. A div of 2.1p per share would mean an annual dividend of approx £3.4m. At the moment the SFR dividend is used to repay the loan. The dividend will eventually come from the SFR royalty payment.
Assay results will be key. I think we are fast approaching a sale of our share of KML. Probably best if a deeper pocket entity takes on a much more aggressive exploration spend. MTR to keep the 2% royalty.
An article that appear in todays DM. MTR recently invested USD500k.
https://twitter.com/metaltigerplc
https://www.dailymail.co.uk/money/investing/article-10248917/MIDAS-SHARE-TIPS-Rare-metals-earphones-Try-Rainbow.html
Hi BSG this new management team need to be cut some slack. Yes funds will have to be raised to advance Molyhill and Ragged Range. I think that is only fair. Previous management were out of control and not progressing anything except collecting salaries etc….
I completely agree copperman. The 3rd hole should not take too long. I imagine the Geo's will run an XRF over the cores prior to assays being received. Frankly I find it amazing the previous Board did not test drill this in the past. Lets see what comes out of Ragged Range while we wait.
Looks as though MTR have woken up with their tweets. Armada Metals Ltd heavily oversubscribed IPO. With MTR pre IPO USD750K showing a paper profit of $750k on listing due on or around 15 December 2021. Also holding 3.333m 5 year options @ 33.4c. Let’s hope another RDT return!
That looks like a 5 times return on investment with additional warrants well in the money!
I imagine the bigger traders view the news as very positive but will want to see the assay results which should be within the next 6 to 8 weeks. The problem in the past with Molyhill was that the mine life was considered too short. If the assay results for hole 2 and 3 look good, which think they will and it increases the mine life then all of a sudden Mollyhill becomes really attractive. At the moment the market is focussed on Ragged Range. Mollyhill now provides another play for THR which could be very exciting!
Agreed DR. Looks like one of my filtered list has raised his or her head on the Board. I really cannot be bothered to engage with them. In the grand scheme of things we are not far off the first revenue stream from the NSR. We should have a re valuation of the NSR in the balance sheet as at 31 Dec 2021 which will improve the NAV. A good run for Armada will also help!
Simple Snooz. When the heads of agreement were signed for the transaction the SP of Power Metal was a good deal higher than today. Hopefully PJ will do what he is good at and ramp up the price of POW so that THR can get out of POW at the first available opportunity! THR are well rid of Pilot Mountain.
Very eloquently and succinctly put Hydrogen. I would say you have hit the nail on the head.
BSG, I agree with you when it comes to big cap companies but when it comes to low cap companies then I disagree. Personally for most AIM companies it should be banned. It is too disruptive and easy for manipulation.
MTR circa $500k investment. Taken from MTR Twitter feed
https://twitter.com/metaltigerplc/status/1448195306865242118