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Very interesting comments from MTR in their strategic update...

  1. freeheel
    316 Posts.
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    09/12/16
    22:10
    Post #: 21240665
    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.


    MTR update.png
    MOD Price at posting: 3.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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