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anglo pacific group plc

Anglo Pacific aims to expand using $100 million warchest

Anglo Pacific (LON:APF) has a warchest of $100 million to spend on two new revenue streams over the coming months, preferably in the Americas, its chief executive said at the Reuters Global Commodities Summit.

Anglo Pacific, the only small-cap, global, non-precious metals royalty company, has reported record revenues this year and a more than tripling in free cash flow as a reluctance to invest in the mining sector has driven companies to sell royalties as they struggle for finance.

 

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.