The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Main issue here is that, whereas the KRG used to have a good relationship with Turkey and leverage over Baghdad, the tables have turned. Turkey is now at odds with the KRG (they have issues with the PPK who have a presence there) and have now teamed up with Baghdad against the KRG.
The ITP and PSCs can be easily resolved, but there is no political will to do so... KRG Oil is far form indispensable especially given the global supply demand fundamentals and OPEC's reduced quotas; Baghdad is not in a rush to reduce its own production in order to accommodate that of the KRG's.
Also, theres something brewing military on the borders with the borders with Turkey. A military attack by Turkey on PKK outposts wherever they might be in Kurdistan is a very probable (when? I dunno). But he tension between Erdogan and KRG are high.... they are no longer allied as before.
On the Somaliland asset, tensions are higher than ever with now Puntland another Semi-autonomous region in Somalia has withdrawn its recognition of the Somali Federal government paving way to another cessation from the country... this is not good for business sin the region.
Worse part is that MM’s total remuneration package increased from last year… haha.
A joke would be an understatement!!
Rest In Peace kitty kitty…
RIP… mic drop
Looks like this is gonna sell off even more on the last day of trading on AIM mainly as people who still haven’t been able to sort out the transfer of shares throw in the towel!
Any keyboard warrior going to confront MM in Somerset? Or are you guys happy hiding behind the screen and attacking anyone who dared say MTR is sh*t for the past 5years?
Sell and move on?
What an underwhelming interview; 10 minutes full of fluff... an unconvinced looking MM, not even looking straight at the camera, he's suggesting going through all this sh*t storm to give the company more "flexibility"?? flexibility to do what? flexibility to continue investing in sh*tty penny stocks, to be able to take on more debt and issue more derivatives; all of which have historically led to liquidation by force and at massive losses.
The plan is very simple; change the name to Strata, move to the other end of the world in the hope that people forget Metal Tiger ever existed and keep the pay-checks coming in for management and directors for as long as it takes. Textbook definition of a junior company milking shareholder funds for its own benefit. This is exactly what people warn you about when u first get into the Junior mining investing business.
Don't forget the burrito... you really gonna need it...
Keith, to be fair, misleading on this has been your forte for the past many years and you still continue despite every single scenario you envisaged over the years dramatically failing to materialise... yet you still continue...
Sorry to say but my views have played out exactly as expected, please revisit my historical posts.
I strongly suggest you quit the gambling on cr*ppy companies business, its not your thing mate... save some money and buy the missus a burrito, make her proud for once.
TacoTaco ...
Watch the ASX SP plummet once the UK shares are listed in the ASX.
0.34 cents is a ceiling and everyone holding the 10p AIM shares would wanna sell at the artificially higher ASX prices.
Remember... there's nothing illegal in what MTR has ever done... now you may argue the ethical side of things but that ain't gonna get you anywhere, its a very slippery slope...
lol... waste of time and effort. Best to learn how to invest or just quit the game. Being very serious here!!
Stock market is not for everyone, for the many it's like asking a butcher to design a rocket... he can try as hard as he can but without the in-depth knowhow, he's doomed to failure.
Lowering the price from 0.27-0.60p not only shows that these guys are taking care of themselves (at the expense of shareholder's dilution once the options are exercised) but also confirms the their lack of confidence for the SP ever reaching 0.27-0.60p.
This is worse than daylight robbery.
MM's paid himself a nice a £150k bonus on a £189k salary in 2021... a year during he cooked up a Non-Cash $4.16m profits of which $5.2m was on the back of asset revaluation i.e. non-cash BS paper profits which have now completely vanished. Not a bad compensation package for a year during which MTR made effective losses of $1.04m.
Let's see what's he's paid himself in 2022!!
Immaturity confirmed... keep it up...
I'm not sure what more you're asking for other than a conveniently positive piece of information which does not exist.
I've been providing you my knowledge, which have now materialised, for a few years now but the power of cognitive dissonance of most investors here (especially the few arrogant pumpers) has overtaken rationality.
How about if you genuinely want me to take you seriously (which i highly doubt), why don't you and your underwater mates start by saying something along the lines of "oh shoot, Taco we should've listened to your warning over the years" or maybe "Sorry for being insulting when you aired the inconvenient truth about management and this company"
Just maybe... No??
TF1, your reasoning, assumptions and questions sound amateurish at best and immature at worse (to say the least).
You need to understand that the Board is playing a whole different ballgame. unless you understand that game, you will not be able to realise what you've got yourself into...
Fierce owes me an apology... but ego seems to be quite dominant... haha
Anyhow i forgive him!!
It's only a good investment if you actually believe what the management just told you about their intention of delisting. You've probably not been here long enough to see that pretty much every single plan that Metal Tiger has laid out since inception has gone kapoot!!
Every investor better ask himself, how come most companies kill themselves to list on as many exchanges as possible in order to improve access to liquidity and a wider array of investors, while MTR are delisting with no solid/credible plan in place? To be honest, i've no idea but it clearly isn't in favour of shareholders, otherwise we would've seen a degree of confidence in this stock and much higher SP.
Every single Board member and management (starting with MM) must be replaced if there's any chance of going anywhere with this company.