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The Markets
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Anglo Pacific Group buoyed by 'windfall' cashflows

Anglo Pacific Group buoyed by 'windfall' cashflows

Anglo Pacific Group's chief financial officer Kevin Flynn joins Proactive to talk about its half-year trading update.

Flynn highlights its record portfolio contribution of US$49.2mln compared with US$13.6mln in the same period last year, representing a fourth consecutive quarterly record.

He puts part of this success down to consistent volumes and very strong commodity prices during the first half of the year.

They also discuss the US$185mln acquisition of an advanced development stage copper and nickel royalty portfolio from South32, largely financed from record portfolio contribution and designed to replace Kestrel mid-decade.

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