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Metal Tiger very pleased with Pre-Feasibility Study on Botswana copper joint venture

Michael McNeilly, chief executive of Metal Tiger PLC (LON:MTR) tells Proactive the completed Pre-Feasibility Study on their joint venture project with partner MOD Resources Limited (ASX:MOD) in the Kalahari Copper Belt in Botswana for the T3 Open-Pit looks “very robust”.

He adds the PFS found that T3 offers a low-risk, low capital pathway to copper production.

MOD Resources owns 70% of the Botswana joint venture, while Metal Tiger has a 30% stake.

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Price: 1.325 GBX

AIM:MTR
Market: AIM
Market Cap: £20.21 m
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Metal Tiger's McNeilly details new funding arrangement and share buyback plans

Metal Tiger's (LON:MTR) Michael McNeilly discusses with Proactive London's Andrew Scott the plans around its share buyback programme.  MTR intends to buy back up to 155.9mln shares - equivalent to 10% of the current issued share capital of the company. McNeilly also talks through its...

on 19/12/19

2 min read