Dynamic Investing in Mining Sector | May 2020 - METAL TIGER PLC
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Dynamic Investing in Mining Sector | May 2020 May 2020 METAL TIGER PLC 1
Disclaimer This presentation (“Presentation”) is being provided to you (the “Recipient”) by Metal Tiger Plc (the the requirement to register as an investment company in the United States. However, if the Company is “Company” or “Metal Tiger”) for information purposes only and does not constitute or form part of, and unable to maintain compliance with the aforementioned exemptions and it was required to seek should not be construed as, an offer or invitation to sell or any solicitation of any offer to purchase or registration, it would likely have a material detrimental effect on the Company. subscribe for any securities of the Company. The Company is not responsible to the Recipient for providing regulatory and legal protections afforded to The content of this Presentation has not been approved by an authorised person for the purposes of customers (as defined in the rules of the Financial Conduct Authority) nor for providing advice in relation Section 21(2)(b) of the Financial Services and Markets Act 2000. Reliance on this Presentation for the to the contents of this document on any matter, transaction or arrangement referred to in it. Neither of the purpose of engaging in any investment activity may expose an individual to a significant risk of losing all Company nor any of its respective directors, officers or employees makes any representation or warranty, of the property or other assets invested. express or implied, as to the accuracy or completeness of the information or opinions contained in this This Presentation is not an admission document or an advertisement and does not constitute or form part Presentation. of, and should not be construed as, an offer or invitation to sell or any solicitation of any offer to purchase To the fullest extent permitted by law, the Company nor any of their respective members, directors, or subscribe for any ordinary shares of the Company (“Shares”) in the United States or any other officers, employees, agents or representatives nor any other person accepts any liability whatsoever for jurisdiction where the sale of Shares is restricted or prohibited. Neither the Presentation, nor any part of it any errors, omissions or inaccuracies in such information or opinions or for any loss, cost or damage nor anything contained or referred to in it, nor the fact of its distribution, should form the basis of or be suffered or incurred howsoever arising, directly or indirectly, from any use of this Presentation or its relied on in connection with or act as an inducement in relation to a decision to purchase or subscribe for contents or otherwise in connection with the subject matter of this document. The contents of this or enter into any contract or make any other commitment whatsoever in relation to any Shares. Whilst the Presentation are not to be construed as legal, financial or tax advice. Presentation has been prepared in good faith, no representation or warranty, express or implied, is given Nothing in this Presentation is, or should be relied on as, a promise or representation as to the future. This by or on behalf of the Company, its respective directors and affiliates or any other person as to the document contains forward-looking statements, which reflect the views of the Company with respect to, accuracy or completeness of the information or opinions contained in this Presentation and no among other things, the Company’s operations. These forward-looking statements are identified by the responsibility or liability whatsoever is or will be accepted by the Company, its respective directors and use of words such as “believe”, “expect”, “potential”, “continue”, “may”, “will”, “should”, “seek”, affiliates or any other person for any loss howsoever arising, directly or indirectly, from any use of such “approximately”, “predict”, “intend”, “plan”, “estimate”, “anticipate” or other comparable words. These information or opinions or otherwise arising in connection therewith. Any such liability is expressly forward-looking statements are subject to various risks, uncertainties and assumptions. Accordingly, there disclaimed. are or will be important factors that could cause actual outcomes or results to differ materially from those The promotion of the Shares and the distribution of this Presentation in the United Kingdom are restricted indicated in these statements. Should any assumptions underlying the forward-looking statements by law. Accordingly, this Presentation is directed only at (i) persons outside the United Kingdom to whom contained in this Presentation prove to be incorrect, the actual outcome or results may differ materially it is lawful to communicate it, or (ii) persons having professional experience in matters relating to from outcomes or results projected in these statements. The Company is under no obligation to update or investments who fall within the definition "investment professionals" in Article 19(5) of the Financial review any forward-looking statement, whether as a result of new information, future developments or Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the "Order"), or (iii) high otherwise, except as required by applicable law or regulation. net worth companies, unincorporated associations and partnerships and trustees of high value trusts as The distribution of this Presentation in certain non-UK jurisdictions may be restricted by law and therefore described in Article 49(2) of the Order and any other persons who fall within other applicable exemptions persons into whose possession this document comes should inform themselves about and observe any under the Order, provided that in the case of persons falling into categories (ii) and (iii), the such restrictions. Any such distribution could result in a violation of the law of such jurisdictions. Neither communication is directed only at persons who are also "qualified investors" as defined in Section 86 of this document nor any copy of it may, subject to certain exemptions, be taken or transmitted into the Financial Services and Markets Act 2000 (together, "Relevant Persons"). Any investment or investment Australia, Canada, Japan, South Africa, Singapore, or the US or distributed to these countries or to any activity to which this Presentation relates is available only to, and will be engaged in only with, Relevant national, citizen or resident thereof or any corporation, partnership or other entity created or organised Persons. This Presentation must not be acted on or relied on by persons who are not Relevant Persons. under the laws thereof. This Presentation does not constitute or form any part of an offer or invitation to You represent and agree that you are a Relevant Person. sell or issue or any solicitation of any offer to purchase or subscribe or otherwise acquire, any ordinary The Company does not intend to offer its securities into the U.S. through any public means and similarly shares in the Company in any jurisdiction. does not intend to register its securities with the U.S. Securities and Exchange Commission and therefore any offer and sale into the U.S. will be required to be in compliance with an exemption or exemptions from various state and federal laws regarding securities registration. Further, the Company intends to restrict any offer and sale of its securities and its business activities to remain in compliance with exemptions from May 2020 METAL TIGER PLC 2
Corporate Snapshot
AIM : MTR Av. Daily. Volume: 135,526
52 Wk High/Low: 1.44/1.36p
£25.88m
Market Cap.
1.70p
Share Price
1,522,076,607
Shares outstanding
Significant Shareholders Board of Directors
% Issued Share
Shareholder Ordinary Shares Charles Hall Michael McNeilly
Capital
Chairman Chief Executive Officer
Exploration Capital Partners 206,361,942 13.56% Mark Potter Neville Bergin
Chief Investment Officer Non-Executive Director
Michael Joseph 123,766,628 8.13%
Estate of Terry Grammer 83,963,426 5.52%
For more info on directors please refer to end of presentation
RIBO Trust (Rick Rule) 60,000,000 3.94%
May 2020 METAL TIGER PLC 3
Background – Investment Approach Metal Tiger (AIM:MTR) employs a hands on and dynamic investment approach and pursues a hybrid public and private equity investing model focused on the mining sector. The Company invests in direct asset level exposure with high return potential and a larger ownership position akin to an exploration and development company as well as primarily active and passive equity investments. Active investments are where Metal Tiger has Board representation and typically over a 10% investment stake. These investments are split into the following categories: • Project Investments – always active • Equity Investments – active and passive and are categorised into active or passive investments and can be both public or private. The Company also has a portfolio of pre-production Royalties. Investments are assessed on seven core categories that can help drive value: • Significant discovery potential • Country/district/first mover advantage • Application of improved exploration techniques • Exploration value uplift potential/brownfields • Financial restructuring opportunity • M&A opportunity • Macro/Micro economic trading opportunity Finally, if an opportunity arises that doesn’t fit the above it is categorised as a special situation investment opportunity and would primarily be undertaken to balance the Company’s investment portfolio risk profile. May 2020 METAL TIGER PLC 4
Background – Investment Origination/Filtering
Externally Sourced Internally Sourced
Metal Tiger network In-house research
1. Technical contacts/consultants 1. Desktop research
2. Brokers/Investment Bankers 2. Bloomberg terminal
3. Corporates 3. Technical papers
4. Co-investors 4. Licence checks (where
5. Other industry contacts available)
5. Industry publication
subscriptions – Mining
Journal and Mining News
Industry Conferences
Phase 1 (initial analysis): Phase 2 (subsequent analysis):
• Quick review of opportunities depending on six high-level criteria: • Does the opportunity fit any (or several) of the following criteria:
• Commodity • Significant discovery potential
• Technical merits • Country/district/first mover advantage
• Jurisdiction • Application of improved exploration techniques
• Management team • Exploration value uplift potential/brownfields
• Possible investment size (if available) • Financial restructuring opportunity
• Quality of co-investors/existing investors • M&A opportunity
• Macro/Micro economic trading opportunity
• Special situation opportunity
Where does the investment sit on the development curve?
Is the investment a Project Investment/Equity Investment/Special Sits?
May 2020 METAL TIGER PLC 5
Development Curve
*For demonstration purposes only, actual curve and performance will vary by individual investment
May 2020 METAL TIGER PLC 6
Main Equity/Project Investments*
Significant Application of Financial
discovery Country / district / first improved exploration Exploration value uplift restructuring M&A Macro / Micro trading
potential mover advantage techniques potential / brownfields opportunity opportunity opportunities
Equity Investments Public Private
Active
Cobre Limited X X X X X
Southern Gold Limited X X X X X X
Thor Mining PLC X X X
Passive
Sandfire Resources Limited X X X X X X X
Pan Asia Metals X X X
Project Investments
Kalahari Metals Limited X X X X X
*Investors should note that the Company holds other passive investments that are smaller in investment size and are held for trading/considered none core or legacy investments and should
reference announcements or the Company’s accounts for further information. In addition the Company holds several royalties which are highlighted in this presentation and form a core part of
the business.
May 2020 METAL TIGER PLC 7
Royalty Investments
Metal Tiger holds the following three Royalties (under four Royalty agreements):
• Royalty 1: a US$2m capped 2% net smelter royalty over Sandfire Resources’ T3 project in the Kalahari Copperbelt (within PL190/2008 which is held by
Sandfire Resources’ subsidiary Tshukudu Metals Botswana).
• Royalty 2: an uncapped 2% net smelter royalty over any future production over Sandfire Resources’ 100% held subsidiary Tshukudu Exploration Limited’s
circa 8,000km2 licence holding in the Kalahari Copperbelt (including the area covered by PL190/2008 that is outside of the T3 project, in which Tshukudu
Exploration Limited holds a beneficial (but not legal) interest).
• Royalty 3: an uncapped conditional 2% net smelter royalty over all of Kalahari Metals Group's (“Kalahari Metals”) wholly owned licences, being seven
licences covering, in aggregate, 6,650km2. These are structured as two separate royalty agreements based on how the licences are held under Kalahari
Metals’ corporate structure but the ultimate guarantor is Kalahari Metals.
Exciting, recently announced (17 April 2020), results at the A4 prospect located 8km west of the T3 Copper-Silver Project are already starting to add significant
value potential to Royalty 2. Sandfire has announced that its resource drill out was >50% complete prior to recent COVID-19 restrictions which suspended
drilling.
Assays are awaited for a further 12 holes drilled into the A4 resource area and six holes have commenced but not been completed as per their latest
announcement.
Some highlights include:
MO-A4-035D: 18m @ 5.2% Cu and 124g/t Ag from 77m down-hole (uncut), or
18m @ 3.9% Cu and 124g/t Ag from 77m down-hole (15% top-cut); and
4.4m @ 1.2% Cu and 26g/t Ag from 98m down-hole; and
6.6m @ 1.5% Cu and 39g/t Ag from 112.5m down-hole (15% top-cut)
MO-A4-036D: 21.5m @ 2.4% Cu and 46g/t Ag from 67m down-hole; and
10m @ 0.9% Cu and 20g/t Ag from 102m down-hole; and
3m @ 2.3% Cu and 25g/t Ag from 133m down-hole
MO-A4-039D: 24m @ 2.1% Cu and 51g/t Ag from 86.6m down-hole; including:
8.1m @ 5.2% Cu and 123g/t Ag from 93m down-hole; and
5m @ 1.0% Cu and 24g/t Ag from 142m down-hole; and
1.8m @ 1.6% Cu and 24g/t Ag from 262m down-hole
May 2020 METAL TIGER PLC 8
Royalty Investments - continued May 2020 METAL TIGER PLC 9
Project Investment(s) – Kalahari Metals Limited
• Classified as an active private investment with Michael McNeilly
and one other Metal Tiger Director as two nominee Board
representatives. Metal Tiger is not the operator of the project.
• Holds interests in 12 highly prospective exploration licences
covering a total area of 8,714km2 in the Kalahari Copper Belt of
Botswana, comprising two 100% owned exploration licences, five
exploration licences subject to a binding earn-in agreement with
Triprop Holdings (Pty) Limited and 51% held by Kalahari Metals
(includes the Ngami Copper Project), and five exploration licences
held by 100% owned subsidiary, Kitlanya Limited.
• Initial investment Date: June 2018
• Total investment/Commitment to date: US$4.2m
• Latest investment (Feb 2020): US$1.5m (included in US$4.2m)
• Ownership percentage: 62.2%
• Four main project areas:
• OCP – 961m of drilling, 6 holes
• NCP – 1,383m of drilling, 6 holes
• KIT-E – drilling started, halted due to COVID-19
• KIT-W – no drill testing
• Environmental Management Plan approvals received for all project
areas allowing for drill testing.
• Varying levels detailed airborne electromagnetic (“AEM”)
geophysics data collected over all project areas and processed.
• Varying levels of geochemistry (soils) undertaken
May 2020 METAL TIGER PLC 10Project Investment(s) – Kalahari Metals Limitied – Cont. • Phase 1 2020 drill programme suspended in April 2020 due to COVID-19 restrictions. • The Phase 1 Drilling Programme at KIT-E consists of a planned 1,200m of core drilling over an initial four holes (Figure 1). Drilling will focus on an interpreted northern anticlinal structure where the AEM survey has identified compelling fold structures, possibly related to marker conductor units in the lower D’Kar Formation (“DKF”) stratigraphy. Drilling will aim to confirm the presence of Ngwako Pan Formation (“NPF”) which will significantly upgrade the potential for shallow mineralisation in this target. • Drilling completed to date at Kitlanya East has intersected shallow lower D’Kar formation units, highlighting the potential for Cu-Ag mineralisation in close proximity to neighbouring Sandfire Resources T3 deposit. • During the 2019, field season, work on the KIT-E project identified a number of interpreted anticlinal structures which have the potential to host Cu-Ag mineralisation along the traditional DKF–NPF redox contact as well as in folded trapsites above the DKF-NPF contact, akin to Sandfire Resources’ T3 project and A4 prospect which are situated directly north of the project. May 2020 METAL TIGER PLC 11
Equity Investments – Sandfire Resources Limited
• As at 20 May 2020, Metal Tiger currently holds 6,366,990 shares in Sandfire Resources Limited (ASX:SFR) a mid-tier Australian mining and
exploration company representing approximately 3.58% of Sandfire Resources Limited’s issued share capital. Majority of shares obtained as
a result of the acquisition of MOD Resources by Sandfire Resources in 2019 (some purchased on market).
• The investment is a passive investment.
• As announced on 17 December 2020, 1,675,125 of the Sandfire shares held by the company are subject to an equity derivative collar
financing arrangement (“Financing Arrangement”) with a global investment bank (the “Lender”) pursuant to an Equity Option and Loan
Facility (the “Umbrella Facility”), and as announced on 20 May 2020 a further equity derivative collar financing arrangement has been
secured over, in aggregate, 328,798 Sandfire shares (read full details of this latest announcement at:
https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/MTR/14546430.html). The combined financing
arrangements are secured over, in aggregate 2,003,923 Sandfire shares representing approximately 1.125% of Sandfire’s issued share
capital.
• Under the terms of the initial Financing Arrangement, Metal Tiger has:
• Entered into a stock lending arrangement with the Lender, pursuant to which the Lender (or an affiliate of the Lender) can borrow up to
1,675,125 Sandfire Shares from Metal Tiger;
• obtained the right (but not the obligation) to sell 1,675,125 Sandfire shares to the Lender in three years’ time at 80% of the reference
price, being A$6.10 (subject to customary adjustments) (the “Reference Price”) (the “Put”);
• granted the Lender the right (but not the obligation) to buy 1,675,125 Sandfire shares from Metal Tiger in three years’ time at an
agreed premium of 145% of the Reference Price (the “Call”); and
• borrowed A$8,174,610 (A$7,500,000 net cash out after costs) from the Lender secured on the combination of the above with a
maturity date of 16 December 2022 (the “Loan”).
• Metal Tiger has the right to elect to settle the Put and the Call by way of physical delivery of Sandfire shares or by way of a cash payment
reflecting the value of the Put and Call at the time.
• Further additional financing arrangements available on remaining shares to provide financing to Metal Tiger.
• Dividends received to-date from beginning of investment (Nov-2019): A$1,328,621.50
May 2020 METAL TIGER PLC 12Equity Investments – Cobre Limited • Cobre Limited (ASX: CBE) is an emerging resources exploration growth company with prospective projects in Western Australia. Cobre has discovered a Volcanic-hosted Massive Sulphide (“VHMS”) deposit enriched in high grade copper, gold, silver and zinc within its Perrinvale Project area in the Panhandle Greenstone Belt of Western Australia. • Classified as an active public investment with Michael McNeilly as a Metal Tiger nominee Board representative. • Initial investment date: September 2019 – commenced trading on ASX on 31 January 2020 (having raised A$10m before costs) • Total Investment to date: circa A$2.9m (further A$310,000 committed subject to various conditions and approval at AGM) • Ownership percentage: 19.99% • Initial drill campaign completed with very encouraging results. May 2020 METAL TIGER PLC 13
Equity Investments – Cobre Limited – Cont.
• In its maiden drill campaign at Schwabe Prospect the best hole
intercepted:
• 5m @ 9.8% Cu, 3.2g/t Au, 34g/t Ag, 3.1% Zn
• which includes 3m @ 12.6% Cu, 4.7 g/t Au, 43.7 g/t Ag, 3.6% Zn
• The recently announced (16 April 2020) recent diamond drilling exploration
programme received assays from diamond drilling at three prospect areas within
the Perrrinvale Project of Western Australia.
• At Schwabe Prospect – drilling & assay results confirm the presence of a high-
grade VHMS system containing primary copper, zinc, gold and silver at shallow
depth including:
• 20PVDD003 6m @ 8.39% Cu, 3.52% Zn, 30g/t Ag, 0.14% Co, 3.1g/t Au from
49m
• 20PVDD004 6m @ 5.39% Cu, 3.89% Zn, 22g/t Ag. 0.1% Co, 1.4g/t Au from
28m
• At Zinco Lago Prospect – drilling results uncovered disseminated, stringer and
narrow massive base metal sulphide mineralisation.
• At Monti Prospect – drilling intersected generally low levels of primary sulphides
including disseminated veinlet and blebby/clustered pyrrhotite, pyrite, chalcopyrite
and sphalerite.
May 2020 METAL TIGER PLC 14Equity Investments – Cobre Limited – Cont. 2 • Downhole electromagnetic surveys have been undertaken on the recently completed diamond core holes at Schwabe, Zinco Lago and Monti Prospects, plus two of the reverse circulation holes drilled in 2019. • A number of promising electromagnetic conductors have been identified within the Perrinvale Project including: the existing Schwabe drill area, below recent drilling at Zinco Lago; off hole along the Zinco Lago - Lago Rame gossan trend; and adjacent to the recent Monti drilling. • Ground electromagnetic surveys commenced on 22 April 2020 and (expected to take circa three weeks) over several targets (see image) to further refine targets for the next phase of drilling which is anticipated to commence shortly following receipt and interpretation of the results. For most of the conductors being investigated the existing Programme of Works approvals will allow for immediate drilling. • On 28 April 2020 Cobre announced that it had agreed to acquire the 20% (free carried) minority stake in its 80% owned subsidiary Toucan Gold Pty Ltd (“Toucan”), which is the 100% holder of the Perrinvale Project. • Consideration to be paid in a combination of cash and shares and the transaction is project accretive. • Metal Tiger to invest a further A$310,000 to maintain its 19.99% stake subject to completion of the transaction and approval by Cobre shareholders at their AGM anticipated to be held later this year. May 2020 METAL TIGER PLC 15
Equity Investments – Southern Gold • Classified as an active public investment Metal Tiger has the right to appoint a nominee representative to the Board as a non-executive director. Board representation rights secured if >= 10% shareholding maintained. • Southern Gold is an ASX listed gold exploration company (ASX: SAU) with numerous discovery to drilling stage exploration properties in central and southwestern South Korea. • Initial investment date: March 2020 • Total investment to date: A$2.2m (part of a A$4m raise) • Ownership percentage: 17.1% • Renowned Ex-Ivanhoe Executive Vice President and Exploration Manager Doug Kirwin (previously an advisor to SAU) appointed as part of investment agreement • Excellent project generation team – many ex-Ivanhoe geologists involved • Attractive jurisdiction with an under explored and under mapped epithermal gold exploration industry • Enormous new discovery and project generation potential • Supportive existing shareholders with significant investment capacity May 2020 METAL TIGER PLC 16
Equity Investments – Southern Gold – Cont.
Project Ownership Project Status Metallogenesis Historical Mining Completed Exploration Exploration Status Rig Priority
50/50 JV with Mine
Kochang BMV* Development Mesothermal 4 mines within 1 km Resource definition
50/50 JV with Mine Many mines w/i 20 km
Gubong BMV* Development Orogenic radius, 5 in immediate area Resource definition
100% Exp. Permit Low sulphidation epithermal Drilling completed and ongoing at
Field mapping, rock chip sampling,
Beopseongpo Southern Gold Granted multi-phase vein complex Local small mines multiple vein targets**
first phase drilling, scout drilling 1
100% Exp. Permit Weolyu North main mine, Surface and mine adit channel 1600m deep drill program prep to
Weolyu Southern Gold Granted Low sulphidation epithermal small adits at Weolyu South sampling test 3 vein extensions*** 4
100% Exp. Permit Intermediate sulphidation Main mine and nearby Shin Adit channel sampling, outcrop/float Drill ready to test below Shin Hill
Deokon Southern Gold Granted epithermal vein breccia adit (focus) rock chip sampling, scout drilling mine workings 2
100% Exp. Permit Hybrid high/low sulphidation Former open pit and Drill ready to test down dip and
Aphae Southern Gold Granted vein/breccia complex undderground mine Mine waste pile sampling along strike extensions 3
100% Exp. Permit Field mapping, surface outcrop/float
Dokcheon Southern Gold Granted Epithermal rock chip sampling Scout drilling planned
100% Exp. Permit Historic mine area included
Hampyeong Southern Gold Granted Epithermal in package First phase drilling
100% Exp. Permit No, but 70km NW of an Field mapping, outcrop/float rock
Neungju Southern Gold Granted Low sulphidation epithermal operating mine chip sampling
100% Exp. Permit Reconnaissance field mapping, rock More detailed field mapping,
Daeam Valley Southern Gold Application Low sulphidation epithermal Local small mines chip campling petrology
100% Exp. Permit Reconnaissance field mapping, rock More detailed field mapping,
Geum Mar Southern Gold Application Epithermal Local small mines chip sampling petrology
*Bluebird Merchant Ventures (operator)
** Target veins/trends: Hand of Faith, Golden Palm, Spider
*** Target veins/trends: Mystery, Surprise/Moonlight, Summit
May 2020 METAL TIGER PLC 17Board and Management
Charles Hall Experienced international banker with over 30 years with HSBC in finance and insurance, appointed to Metal Tiger in
Non-Executive Chairman December 2016.Overseas experience running complex businesses with a focus on strategy and corporate
restructuring.
Strong Asian ties and an Associate of the Hong Kong Institute of Bankers.
Fellow of the Royal Geographic Society, BA (Hons) University of Sussex.
Michael McNeilly Experienced corporate financier spending his early career advising private, Main Market listed, AIM quoted and ISDX
Chief Executive Officer (NEX) listed companies appointed as Metal Tiger CEO in December 2016.
Former Non-Executive Director of MOD Resources, Arkle Resources and Greatland Gold.
Currently a director on numerous Metal Tiger investment and subsidiary entities – notably Kalahari Metals Limited and
Cobre Limited
Formerly worked for Arden Partners (AIM: ARDN) and with Allenby Capital advising public companies on corporate
finance, BA (Econ) American University of Paris. Worked with early stage blockchain-focused start-ups while a
corporate executive at Coinsilium (NEX: COIN).
Mark Potter With over 14 years’ experience in natural resources investments, is the Founder and Partner of Sita Capital Partners LLP,
Chief Investment Officer and investment management advisory firm specialising in mining investments appointed to Metal Tiger in January 2017.
Former Director and Chief Investment Officer of Anglo Pacific Group LLP, a London listed resources royalty company
where he successfully led a turnaround of the business through acquisitions and disposals.
As founding member and Investment Principal for Audley Capital Advisors LLP, a London-based activist hedge fund
was responsible for managing all UK listed and natural resources investments.
Appointed Non-Executive Chairman of Artemis Resources Limited (ASX: ARV) – February 2020; Non-Executive Director
of Trident Resources plc (LON: TRR) – November 2019; Non-Executive Director of Thor Mining plc (AIM: THR) – August
2019. Formerly a director of Kalahari Metals Ltd.
Graduated with an MA degree from Trinity College, University of Cambridge.
May 2020 METAL TIGER PLC 18Board and Management
Neville Bergin Neville is a mining engineer with almost four decades of accumulated experience in the mining industry. He has had
Non-Executive Director exposure to a range of commodities and both underground and open pit operational experience. His broad experience
base encompasses many operational and executive roles, and five years’ experience as a non-executive director of
both ASX listed and unlisted companies including Northern Star Resources Limited. Neville was previously Vice
President of Gold Fields Australia Pty Ltd where he was in charge of operational management of two mines.
Neville has extensive experience in technical due diligence having undertaken this type of investigation for several past
employers. He is also well versed in study management having managed several feasibility studies. He has a BSc from
the Camborne School of Mines in the UK and currently runs his own mining consultancy business.
May 2020 METAL TIGER PLC 19Contact
Head Office
Metal Tiger plc
107 Cheapside
London
EC2V 6DN
+44 (0)20 7099 0738
info@metaltigerplc.com
April 2020 METAL TIGER PLC 20You can also read
