Botswana copper explorer and developer
Metal Tiger’s core assets are a 24.1% FD interest in MOD, and a 30% holding in MOD’s exploration properties. An earn-in on neighbouring Kalahari Metals gives exposure to 16,000km2 of the copperbelt. T3 is the most advanced asset with 60Mt @ 1.1% CuEq; the 1Q18 2.5Mtpa / 25ktpa CuEq PFS has a pre-tax NPV8% of US$281m at 300c/lb, or US$402m when lifted to 4Mtpa in year 4. A DFS for 3-3.5Mtpa is now underway in parallel with belt-wide exploration.
Metal Tiger plc (LON:MTR) is listed on the London Stock Exchange AIM Market with the trading code MTR and invests in high potential mineral projects with a base, precious and strategic metals focus.