Member Info for Richierich25

A one off 2 million payment or a continuous yearly payment of 2 percent ?
Taken Out ?
Do you mean bought out by a bigger miner like Sandfire.

The 2 percent smelter royalties from Sandfire is a good hedge, along with the dividend of 5 percent per year.Plus the M4 mine going live in 2022, will see increased Revenue.
Cobre have reported a large mine potential with 8 percent copper and Gold/Silver. No drill rigs in the ground yet and it can take 2 years to set up a mine of economical size.
Have the MT board confirmed that the 2 percent smelter royalties from A3, will go towards dividend payments.
When free cash flow improves, we need a 10 percent dividend, which will see a 7 percent capital appreciation in the share price.

https://www.metaltigerplc.com/news/1415-sandfire-resources-update-2020-07-30-092600

https://www.metaltigerplc.com/news/1415-sandfire-resources-update-2020-07-30-092600

Sandfire aux currently has a 5 plus percent yield and the investment in Sandfire by Metal Tiger is the same as Metal Tigers market capitalisation from previous investments around 30 million.
This makes for a 2.1 percent distribution to MT Shareholders feasible at the current price of 21 pence.
Don’t forget that MT purchased Sandfire at a low price, which has increased the yield since last year.

The Metal Tiger board need to introduce a policy of redistributing a portion of the Sandfire dividend back to its investors.
The main guy at MT is paid £200 thousand a year, but it’s share holders receive nothing for staying committed.
A 10 percent yearly dividend of 2.1 pence will ensure a price floor and increased investor loyalty.