Metal Tiger's (LON:MTR) Michael McNeilly and Martin Holland, chairman of Cobre limited (ASX:CBE) discuss the news that Cobre is to acquire up to 51% of Kalahari Metals. Metal Tiger has a 62.17% interest in Kalahari Metals Ltd and an 18.79% interest in Cobre. Assuming completion of all the various stages of the transaction, Metal Tiger will be interested in approximately 20.72% of Cobre and would have an economic interest in Kalahari Metals of approximately 59.57%, comprising a direct interest of 49% and an indirect interest of 10.57%.
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Katie has a wealth of international broadcasting experience as a presenter, journalist and business analyst. She has covered global breaking news and hosted from major financial events, including the World Economic Forum in Davos, the G20 Summit and St. Petersburg's International Economic Forum. Katie was based in Moscow for four years as a main news anchor on Russia Today, where she also produced her own weekly business show. She has also worked as a business... Read more
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FOR OUR FULL DISCLAIMER CLICK HEREMetal Tiger CEO and Cobre chairman talk strategic acquisition of Kalahari Metals
Published: 17:48 27 Aug 2020 AEST