Net Asset Value(s)
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GEIGER COUNTER LIMITED |
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Date of Announcement: |
29/11/2019 |
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Net Asset Values per share as at: |
28/11/2019 |
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The unaudited net asset value (NAV) of the company is noted below in pence per share. |
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Pence per share |
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Geiger Counter Limited |
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14.98 |
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The Fund's NAV has increased materially since the last published NAV on 27 November 2019 as a result of positive news having impacted the assessed value of one of the Fund's investments. The investment in question holds a number of ongoing mining interests, one of which is an iron ore mine where we have been advised of a material increase in value.
The underlying investment has recently closed a significant capital raise in order to bring the prospect into production. Whilst a number of risks exist ahead of production, the Fund has adjusted the underlying valuation to take account of these developments.
Enquiries
CQS (UK) LLP
Craig Cleland +44 (0) 20 7201 5368
finnCap Limited
William Marle / Giles Rolls +44 (0) 20 7220 0500
R&H Fund Services (Jersey) Limited
Jane De Barros-Sousa +44 (0) 1534 825 259
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
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