Jade Road Investments expects more opportunities after pandemic

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  • Jade Road welcomes quarry resource update from Future Metal
  • Jade Road Investments set for ‘further progress in 2021, delivering good returns for investors’
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Quick facts: Jade Road Investments Ltd

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Jade Road is quoted on the AIM Market of the London Stock Exchange and is committed to providing shareholders with attractive uncorrelated, risk-adjusted long-term returns from a combination of realising sustainable capital growth and delivering dividend income.

19 Jul 2021

() welcomed an update from Future Metal Holdings Ltd, one of the investment vehicle’s main holdings, on its large open-pit dolomite magnesium limestone quarry in China’s Shanxi province.

The update confirmed a JORC-compliant measured resource for the Zhuangpeng mine of 35.95 million tonnes (Mt) with an average grade of 20.74% dolomite oxide (MgO); an indicated resource of 81.40Mt at an average grade of 20.48% MgO; and an inferred resource of 31.81Mt at an average grade of 20.61% MgO.

The Competent Persons Report (CPR) from SRK Consulting incorporated an expanded 3Mt production rate and estimated a net present value of the asset at about US$75.5mln.

Jade Road, which has an 85% stake in Future Metal, applied a further 17% discount to the independent valuation conducted by SRK and as of end December 2020 the asset was valued at US$50.4m in its portfolio.

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25 Jun 2021

Jade Road Investments PLC () broke into a profit for the past year as investment income tripled and it is seeing “exciting investment opportunities” as Asian markets rebound from the pandemic.

Chairman John Croft said the scarcity of institutional capital to fund growth in some Asian markets “places the company in an extremely strong position to negotiate very attractive terms for new investments”.

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13 Jan 2021

(), the AIM-quoted investment company focused on providing shareholders with attractive uncorrelated, risk-adjusted returns from a diversified portfolio of pan-Asian assets, has completed its name change to Jade Road Investments Limited (LON:JADE).

The company noted that its portfolio has undergone a transformation over the last few years and is seeking to establish an identity which more fully represents its pan-Asian small and medium-sized enterprise focus.

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25 Jun 2021

Jade Road Investments Limited’s Chairman John Croft joins Proactive London’s Katie Pilbeam to discuss the final results for the year ended 31 December 2020.

Croft takes viewers through the numbers, with Net Asset Value increasing by 5.5% year-on-year, driven mostly by a higher valuation of Future Metal Holdings.

Moving forward Croft says ‘2021 should deliver further progress and we’re now in a situation where we can ramp up production as demand starts to kicks in’.

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Jade Road Investments set for ‘further progress in 2021, delivering good…

Jade Road Investments Limited’s Chairman John Croft joins Proactive London’s Katie Pilbeam to discuss the final results for the year ended 31 December 2020.

Croft takes viewers through the numbers, with Net Asset Value increasing by 5.5% year-on-year, driven mostly by a higher valuation of…

3 weeks, 3 days ago

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