Paul Johnson speaks about Metal Tiger PLC Spanish Corporate Update – Expansion of Interests RNS
General Meeting RNS Update that was held in London today
We cover questions asked from #MTR share holders and #GGP Greatland Gold PLC future progress and the connection with the Metal Tiger board.
LSE Share Talk approached Dave Reeves from Keras Resources with a number of questions from investors, Dave was happy to respond and this article will show both the questions and the responses returned.
Today’s post is about Safe AIM stocks that we can use as part of a portfolio that will be exempt from Inheritance Tax. Do such things exist?
SDX Energy is a company story Share Talk intends to follow over the next 12/18 months. The Company successfully raised approximately £7.6 million (approximately US$11 million) through a placing and subscription (the “Placement”) of 42,201,835 common shares in the capital of the Company (the “Placement Shares”) at 18 pence (C$0.33) per Placing Share May 20, 2016.
With the oil price rising, a few investors may be looking for new opportunities to take advantage off in this turn of events. Enter SDX Energy (SDX), a newly listed company on AIM formed by a merger of Sea Dragon Energy and Madison PetroGas which came to the market on the 20th of May 2016. Whilst most cocktails are drunk by the pool in holiday resorts in Egypt, this looks to a perfect mixture of an exploration company with assets already in production.
Savannah Resources plc (AIM: SAV) (‘Savannah’ or ‘the Company’), the AIM quoted resource development company, announces that it has completed three targeted gravity surveys on its Block 4 and 5 properties in the Sultanate of Oman, which are prospective for copper and gold. Savannah is earning a 65% shareholding in the Omani company, Al Thuraya LLC, the owner of the Block 4 Project and is a 65% shareholder in Al Fairuz Mining, the holder of the Block 5 licence.
David Archer, Savannah’s Chief Executive Officer said “We are continuing to accelerate activity in Oman; with our two stage drill programme now well underway at the Aarja Mine in Block 4 and the completion of a gravity survey over three VMS targets on Blocks 4 and 5. We continue to target commercial production in late 2017.
MOD Resources Limited is a Perth-based and ASX listed Company with a focus on the Botswana Copper Project, which covers a vast and strategic ~11,633km2 tenement footprint at the centre of the Kalahari Copper Belt. It has been an active explorer in the Kalahari Copper belt since 2011 and discovered the ‘Corner K Deposit’, now re-named Mahumo Copper/Silver Deposit in late 2011. MOD through its subsidiary company MOD Resources Botswana (Pty) Ltd has 100% holdings and various joint venture interests in 11 granted prospecting licences with a total area of approximately 4,187km2 in the central and western part of the Kalahari Copper Belt.
The Mahumo Copper/Silver Deposit was discovered by drilling a soil anomaly along the northern margin of a major structural zone (Mahumo Structural Corridor). The Stage One resource which is the basis for the Mahumo underground scoping study is currently the highest grade resource announced in the Kalahari Copper Belt and remains open below the limit of drilling along 2.4km strike length.
MOD also owns 70% of Discovery Mines (Proprietary) Ltd (“DMI”) through subsidiary companies Metal Capital Ltd and Tshukudu Metals Botswana (Pty) Ltd, following completion of the acquisition of DMI announced on 16 December 2015. Metal Tiger Plc (AIM: MTR) owns the remaining 30% interest. DMI holds 14 prospecting licences with a total area of approximately 7,446km2 in the Kalahari Copper Belt.
Today we look at their latest investor presentation.