logo-loader
viewAnglo Pacific Group PLC

Anglo Pacific to make three more acquisitions before year-end as revenues surge

Julian Treger, chief executive of Anglo-Pacific PLC (LON:APF), tells Proactive's Andrew Scott higher coal and vanadium prices have lifted interim revenues at the mining royalty specialist.

Treger says royalty income will be in a range of £17.5mln to £18mln in the half year to June, a 10% increase year-on-year after a very strong second quarter.

Kestrel, a coal mine in Australia, will again produce the bulk of this revenue.

Quick facts: Anglo Pacific Group PLC

Price: 213 GBX

LSE:APF
Market: LSE
Market Cap: £386.53 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Anglo Pacific Group PLC named herein, including the promotion by the Company of Anglo Pacific Group PLC in any Content on the Site, the Company...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Anglo Pacific encouraged as new Kestrel owner reportedly set to expand...

Julian Treger, chief executive of Anglo Pacific Group plc (LON:APF), discusses with Proactive reports that the new owner of the Kestrel operation is studying a doubling of production from the mine. It comes as the Group 's stock had its “buy” rating reissued by analysts at house broker...

on 10/7/18

2 min read