Baker Steel Resources Trust (LON:BSRT)

Baker Steel Resources Trust (LON:BSRT)


Share Price
44.50 p
Change
0 (0.00 %)
Market Cap
£51.67 m
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Baker Steel Resources Trust

BSRT is a Guernsey registered investment company whose shares are traded on the Main Market of the London Stock Exchange.

BSRT concentrates on capital appreciation through identifying and investing in attractively valued early stage (pre-IPO) and specialist listed opportunities in the natural resources sector.

EPIC: BSRT
Market: LSE:BSRT
52-week High/Low: 52.50p / 38.00p
Sector: Equity Instruments
Market Cap: 51.67M
Website: www.bakersteelresourcestrust.com
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Big picture - Why invest in Baker Steel Resources Trust


Baker Steel Resources Trust Snapshot

Investment Strategy

Baker Steel Resources Trust Ltd (“BSRT”) seeks capital growth over the long term through a focused global portfolio consisting principally of the equities, or related instruments, of natural resources companies. BSRT invests predominantly in unlisted companies (i.e. in those companies that have not yet made an initial public offering) but also in listed securities with a view to exploiting value inherent in market inefficiencies and pricing anomalies.

PAL is a private company which holds a 50% indirect interest in the Prognoz silver project (“Prognoz”), 444km north of Yakutsk in Russia
 
A NI 43-101 compliant report by independent consultant Micon International Limited (“Micon”) in July 2009, estimated an Indicated Resource of 5.86 million tonnes of ore grading 773 g/t silver containing 146 million ounces of silver and Inferred Resources of 9.64 million tonnes of ore grading 473 g/t silver containing 147 million ounces of silver at Prognoz. A NI 43-101 compliant preliminary economic assessment (PEA) by Micon envisages a mine producing an average of 13 million ounces of silver per annum over a 16 year mine life.

Howard Miles
Chairman


Howard Myles currently acts as a non-executive director of a number of investment companies. He was a partner in Ernst & Young from 2001 until 2007 and was responsible for the Investment Funds Corporate Advisory team. He was previously with UBS Warburg from 1987 to 2001. He is a fellow of The Institute of Chartered Accountants and of The Chartered Institute for Securities and Investments.

Charles Hansard

Charles Hansard has over 30 years experience in the investment industry as a professional and in a non-executive capacity. He is currently a director and senior advisor on a number of boards including the Moore Capital group of funds. He has also served as a director of a number of mining companies. He commenced his career in South Africa with Anglo American Corporation and Fleming Martin as a mining analyst. He holds a BBS from Trinity College, Dublin.

Clive Newall

Clive Newall is President of First Quantum Minerals. He has worked in mining and exploration throughout his career, having held management positions with Amax Exploration Inc and the Robertson Group plc. He has also been a director of a number of public companies in the UK and Canada. He has an honours degree in mining geology from the Royal School of Mines and an MBA from the Scottish Business School at Strathclyde University.

Chris Sherwell

Chris Sherwell has worked since 2004 as a senior non-executive director, based in Guernsey with roles in the offshore finance industry. He has served as a director for a variety of listed funds managed by institutions such as Goldman Sachs, Hermes and Dexion. Prior to 2004 he was Managing Director of Schroders’ offshore investment and private banking operations in the Channel Islands. He is a Rhodes Scholar with degrees in science and in economics and politics. He has worked as a university lecturer and was a journalist for 15 years, 12 of them for the Financial Times.

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Sales

James Glass


+44 (0) 20 7260 1369

+44 (0) 20 7260 1010

Corporate

David Benda


+ 44 (0) 20 7260 1275

+44 (0) 20 7260 1010


Investment Manager

Trevor Steel


+44 (0) 20 7389 8237

www.bakersteelcap.com

[email protected]

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