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Metal Tiger CEO and Kalahari Metals director discuss phase 1 exploration programme

Michael McNeilly, chief executive of Metal Tiger PLC (LON:MTR) and  Kalahari Metals Limited (KML) director Adam Wooldridge discuss with Proactive London's Andrew Scott the completion of the Phase 1 exploration programme.

Drilling at the Ngami Copper Project is to be allowed to proceed under an Environmental Management Plan (EMP) as agreed with the Botswana Department of Environmental Affairs. The timeframe to complete the EMP process is normally four months.

The Okavango copper project, on the other hand, will require a more detailed Environmental Impact Assessment (EIA) to be produced prior to permission to drill being granted.

The timeframe to complete the more detailed EIA process, through to grant, is normally nine months.

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Price: 1.3 GBX

AIM:MTR
Market: AIM
Market Cap: £19.79 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