JV Partner MTR Releases Strategic update, significant interest from 3rd parties

Very interesting comments from MTR in their strategic update this morning:

http://www.investegate.co.uk/metal-tiger-plc--mtr-/bus/strategic-update/20161209070000Z0052/

Reports significant interest from Third Parties, of which several are on the ground in Botswana currently. In addition, MTR has rejected an unsolicited cash bid for their 30% stake. Several meetings with PE houses during the Mines & Money conference - actively assessing funding options. Off the back of the scoping study, I personally doubt we'll see another capital raise from existing shareholders.