Posts from July 2020

Sculpted from experience, built for success. 
 
We are very proud to announce that Oakmount and Partners Ltd was nominated as the Winner for the 'Best Corporate Investment Consultancy 2020' by the SME UK Enterprise Awards 2020. 
 
The 2020 UK Enterprise Awards are based on merit, not the number of votes received.  
 
The SME process works to ensure that we reward parties based on their excellence in the industry, the quality of their products and their dedication to customer service. 
 
To move successfully from nominee to winner, there must be evidence of extensive expertise and skills, dedication to customer service and client satisfaction with an on-going commitment to excellence and innovation demonstrated by the nominated business. 
Sculpted from experience, built for success. 
 
Gold had a remarkable performance in the first half of 2020, increasing by 16.8% in US-dollar terms and significantly outperforming all other major asset classes.  
 
By the end of June, the LBMA Gold Price PM was trading close to US$1,770/oz, a level not seen since 2012, and gold prices were reaching record or near-record highs in all other major currencies.  
 
For investors, this is not only keeping uncertainty levels high, but may also have a long-lasting impact on their portfolio performance. Against this backdrop, we believe that gold can be a valuable asset: it can help investors diversify risks and may positively contribute to improving risk-adjusted returns. Source: World Gold Council. 
Sculpted from experience, built for success. 
 
''At Oakmount, we believe in the power of synergy.'' 
 
When great people and organisations come together, it's like a magnetic force pulling them closer, saying to them, together we can achieve great things. 
 
''Over the last decade, we have proven that a passion for success and focus can deliver exceptional results.'' 
 
As such, we aim to deliver compelling investment opportunities and stronger return yields to boost our clients' portfolios. 
Sculpted from experience, built for success. 
 
David Lenigas speaks to Proactive London's Andrew Scott following the news they've reached an agreement with ING Bank which will provide US$41mln which took over 14 months of intensive due diligence. 
 
This alone speaks volumes of the management and projects at large. 
Additionally the new facility includes an accordion option which would see the principal increase to US$55mln. 
 
NQ told investors recently that it generated A$30mln from mining operations, with operating gross profit coming in at A$12mln. 
 
Oakmount. Where opportunity and success thrive. 
Sculpted from experience, built for success. 
 
Gold-backed ETFs closed H1 with a record US$40bn of net inflows. In June 2020 gold ETFs added 104t, taking global holdings to all-time highs of 3,621t.  
 
''Gold is long considered a beneficial asset during periods of uncertainty.'' 
 
Historically, it generated long-term positive returns in both good times and bad. Looking back almost half a century, the price of gold has increased by an average of nearly 12% per year since 1971. 
 
Over this period, gold's long-term return was comparable to stocks and higher than bonds. Source: World Gold Council. 
Sculpted from experience, built for success. 
 
NQ Minerals PLC's Chairman David Lenigas tells Proactive London's Andrew Scott that the plant upgrade at the Hellyer Gold Mine in Tasmania has resulted in a 44% increase in production.  
 
The enhancements, done six months ahead of expectation, have resulted in hourly production of 150 tonnes, which equates to an annualised rate of 1.3mln tonnes. 
 
''This is the most significant event yet for the company because it immediately increases our revenue and bottom-line profit ... literally within two weeks''. 
Sculpted from experience, built for success. 
 
NQ Minerals PLC has announced the acquisition of the high-grade and historic Beaconsfield Gold Mine in Tasmania, Australia. 
 
The mine has historic recorded production of about 1.8mln ounces of gold averaging around 15 grams per tonne and was closed in 2012 due to the low gold price at that time. 
 
NQ is looking to recommission the gold processing plant, which is currently under care and maintenance, and re-open the mine by developing a new modern mine decline access into the Beaconsfield Mine. 
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