A truly transformational deal for Power Metal Resources shareholders
“…This is expected to deliver very substantial value and probably is the most successful project we have done so far. This is a fantastic deal for shareholders…”
Scratch beneath the latest investor update from Power Metal Resources and there’s a bit of city celebrity pizzazz involved. You’ll discover what ties the AIM-listed explorer with hedge fund billionaire Louise Bacon and city trader and racehorse owner Tim Leslie.
Leslie founded James Caird Asset Management (JCAM) which was spun out of Louis Bacon’s Moore Capital in 2008. That’s one part of the family tree. Bacon and Leslie are also the founders of S and F Investment Advisors Limited which are the majority owners of ACAM LP a global investor in the natural resources sector, so there is an Anglo-US pedigree attached to this limited (LP) partnership.
And it’s a pedigree that wants to be associated with £18 million market cap Power Metal Resources, and its uranium assets in particular.
The plc and …