The Investing Strategy
The Company has been delisted
from the AIM market of the London Stock Exchange.
The Company’s
investing strategy is unchanged, being to seek to acquire undervalued or underutilised
assets, companies or businesses in and around Europe in the energy
or natural resources sectors that are either profitable or where is
a clear path to profitability. It is the intention that such
companies will have high growth potential and be of a scale and
value that will attract institutional investors. The Company may be
either an active investor and acquire control of a single company,
or it may be a passive investor and acquire minority interests in
one or more companies. The Board anticipate that the management
of an acquired company will have the expertise necessary to operate
and develop that business.
The Board believe that
their broad collective experience in corporate finance and corporate
broking together with their extensive network of contacts will
assist them in the identification, evaluation and funding of
acquisition targets. When necessary, other external professionals
will be engaged to assist in the due diligence of prospective
targets. The Board would also consider bringing on board
additional directors with relevant experience ahead of a transaction
in the energy or natural resources sectors.
