Metal Tiger/Strata - UK Investors Thread, page-17

Yes quite a sell off once the market realised that MTR were delisting from AIM to continue a sole ASX listing. The value of the shares on AIM at the end was ridiculous really, as NAV had actually recovered to about 19.8p ($AUD 36.79c). However this may well help MTR if it has to pay the stamp duty reserve tax which is based on the final AIM price.


As for the future it's of course in the hands of the board, the same team that have so far facilitated the discovery of T3 and A4, Ngami & Kit-W, did the MOD deal, came away with excellent royalties and went on to secure more royalties from CBE over prime Kalahari Copperbelt. We'll see. I pray for shrewd dealing based on recent tough market experience.

Simon Thompson of Investors Chronicle (FT) reminds us of the potential:



Also we have an interesting M&A situation brewing with Cupric Canyon's Khoemacau up for sale. My bet is SFR have the guts to go for it.

It's going to get interesting! Best of luck all.