logo-loader
viewMetal Tiger Plc

Full interview: Metal Tiger CEO: Sandfire acquisition of MOD Resources 'truly transformational for us'

Metal Tiger Plc's (LON:MTR) Michael McNeilly tells Proactive London's Andrew Scott they're set to become the new owner of just under 6.3mln new shares in Sandfire Resources (ASX:SFR) after a scheme of arrangement was approved by the Supreme Court of Western Australia.

Sandfire is acquiring all the issued shares of MOD Resources Ltd (LON:MOD)(ASX:MOD).

MOD is the owner of the sizeable T3 copper project in Botswana.

McNeilly also discusses recent developments with Kalahari Metals Ltd which has identified veinlet and disseminated sulphide copper mineralisation in drilling on its licences in Botswana.

To date, nine drill holes totalling 2,008 metres have been completed across two projects, Ngami and Okavango.

Quick facts: Metal Tiger Plc

Price: 1.4 GBX

AIM:MTR
Market: AIM
Market Cap: £21.83 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Metal Tiger Plc named herein, including the promotion by the Company of Metal Tiger Plc in any Content on the Site, the Company receives from...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Full interview: Metal Tiger closes Cobre deal

Metal Tiger (LON:MTR) is cockahoop at closing its initial investment of A$500,280 into Australian group Cobre Pty Ltd, representing around a 15% stake. CEO Michael McNeilly tells Proactive London how significant this is for the company and gives further background on the already closed Sandfire...

on 6/9/19

2 min read