Geiger Counter reported a 43% fall in its NAV over the year that ended on 30 September 2015 – in line with the fall in the URA Uranium Equity ETF. A large part of the fall in the ETF price though relates to a widening discount as, they say, the discount on the physically-backed uranium ETF, […]
Following the news earlier this week that Armadale Capital has updated metallurgical work at its 80%-owned Mpokoto project in the DRC’s Katanga Province, the company has now raised £420,000 to advance the project through to the completion of a feasibility study by the end of the year. The company placed 14.0 million new shares at […]
GCP Infrastructure has announced results for the year ended 30 September 2015. They made a total return for the year of 9.5%. The NAV at 30 September 2015 was 107.47p. The dividend for the year was 7.6p. Earnings per share were 9.30 pence which is broadly in line with 2014. They raised an additional £140m in […]
Aberdeen New Dawn has announced interim figures for the six months ended 31 October 2015. Its benchmark, the MSCI AC Asia Pacific ex Japan Index, fell by 16.4%, while the net asset value fell by 17.0% (both on a total return basis). The share price declined by 16.7% (also on a total return basis), ending the period […]
The Board of Phaunos Timber Fund has announced the sale of three of the nine properties that comprise the Pradera Roja estate, in Uruguay, for USD 4.2 million. The sale is in line with the strategy announced earlier this year, of rebalancing the Company’s portfolio to one that has more mature, yield producing assets. The […]
Baker Steel Resources Trust’s Board has announced that, following consultation with a number of the Company’s largest Shareholders, it is seeking approval from Shareholders for an amendment to the Company’s investment policy. The amendment, if approved, will enable the Company to increase its existing investment in Polar Silver Resources Limited and/or any company within its […]
New City Energy say that during the year to 30 September 2015 its NAV, in total return terms, fell by 53.2% as the full extent of the price war in oil impacted the holdings in the Company’s portfolio. The share price fell by 58.7%, ending the year at a discount of 27.9%. Over the period […]
Schroder Asia Pacific says, during the year ended 30 September 2015, the Company’s net asset value produced a negative total return of 3.3%, again outperforming its benchmark, the MSCI All Countries Asia ex. Japan Index, which produced a negative total return of 6.0% over the same period. There will be a dividend of 4.2p. The […]
P2P Global Investments has announced that it has managed to arrange a £150m secured 3-year multicurrency loan facility with a consortium of institutional lenders. The Company intends to deploy the proceeds of this facility in accordance with its existing investment policy. The Company expects the modest level of gearing at the corporate level arising from the […]
Bluefield Partners LLP, the Investment Adviser to the Bluefield Solar Income Fund Limited has made a statement following today’s publication of the Department of Energy and Climate Change (“DECC”)’s response to consultations launched this summer regarding changes to financial support for solar PV, outlining changes to the regulatory support for solar assets, including changes to the Renewable […]
