MiningMaven Podcast with Michael McNeilly of Metal Tiger (LON:MTR)

Today’s guest on the MiningMaven podcast is Michael McNeilly, Chief Executive Officer of Metal Tiger PLC (LSE:MTR).

Published in: Podcastson

This week the company released an announcement regarding a takeover offer for MOD Resources (LSE:MOD) by Sandfire which should be worth around £23m to Metal Tiger.

Michael runs through the transaction in depth, highlighting its worth to the company; not only in immediate value but also the potential the 2pc net smelter royalty offers longer-term.

Michael also explains the rationale behind electing to receive Sandfire shares in lieu of cash consideration for Metal Tiger’s stake in MOD, and the firm’s future plans.

 

 
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Author: Stuart Langelaan

The Author does not hold any position in the stock(s) and/or financial instrument(s) mentioned in the piece.

The Author has not been paid to produce this piece by the company or companies mentioned above.

Catalyst Information Systems Ltd, the owner of MiningMaven.com, does not own a position in the stock(s) and/or financial instrument(s) mentioned in the piece.

Catalyst Information Systems Ltd, the owner of MiningMaven.com, has not been paid for the production of this piece by the company or companies mentioned above.

MiningMaven.com and Catalyst Information Systems Ltd are not responsible for its content or accuracy. News and research are not recommendations to deal, and investments may fall in value so that you could lose some or all of your investment. Past performance is not an indicator of future performance.

 


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