ADAM holds an 85% controlling shareholding in Future Metal Holdings (FMH). FMH owns a large dolomite quarry in China and represents the largest single component of ADAM’s asset base/NAV. Progress vs operational and strategic targets at the quarry is key to understanding FMH’s potential and any assessment of ADAM’s intrinsic value. That is particularly true short term, as ADAM continues to scale up its portfolio of income producing investments.
20 Jan 2020
Good progress at ADAM’s largest investment
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Good progress at ADAM’s largest investment
Jade Road Investments Limited (JADE:LON) | 1.4 0 0.0% | Mkt Cap: 4.89m
- Published:
20 Jan 2020 -
Author:
Roger Leboff -
Pages:
6
ADAM holds an 85% controlling shareholding in Future Metal Holdings (FMH). FMH owns a large dolomite quarry in China and represents the largest single component of ADAM’s asset base/NAV. Progress vs operational and strategic targets at the quarry is key to understanding FMH’s potential and any assessment of ADAM’s intrinsic value. That is particularly true short term, as ADAM continues to scale up its portfolio of income producing investments.