Anglo Pacific Group PLC (LSE:APF, TSX:APY, OTC:AGPIF, FRA:HGR)'s (LON:APF, TSE:APY) Chief Financial Officer Kevin Flynn talks Proactive London's Katie Pilbeam through the main highlights of their half year 2021 trading update.
The firm had eight cobalt deliveries processed under their Voisey’s Bay stream which has generated cash to the end of July 2021 of $5mln.
Fylnn reminds viewers of the transformational acquisition of Voisey’s Bay, not only in terms of it being the Group’s largest and most significant transaction to date, but also in terms of transitioning the portfolio towards 21st century commodities that support a more sustainable future.
With cobalt prices up around 20% in the last month as well as both copper and iron ore increasing by over 20% year to date the firm's Mantos Blancos and LIORC revenues have both benefitted from this.