Metal Tiger: Pouncing on Natural Resource Investments
CEO, Michael McNeilly discusses some of the company’s natural resource investments
Metal Tiger Plc is a London Stock Exchange AIM-listed investing company primarily focused on undervalued natural resource opportunities.
The company invests directly into projects, but they usually take minority stakes and non controlling positions where they can make a return and obtain a liquidity event.
“We’ve invested 7.7 million pounds into MOD Resources and the recent takeover offer from Sandfire Resources would place our value at about 25 million pounds”, says McNeilly.
Metal Tigers’ Cobre Investment, looks like it’s indicative of a VMS (Volcanogenic Massive Sulphide) type deposit in Australia. These types of deposits are exceptionally rare. ” It certainly will generate a lot of interest. We beat out a lot of interested parties to get that deal”, says McNeilly.