IN BRIEF: Baker Steel Resources reports asset value growth in February
Baker Steel Resources Trust Ltd - investor in mining companies - Net asset value per share rises 15% to 174.3 pence at February 27 from 152.2p at January 30. NAV rises to GBP185.0 million from GBP162.0 million. Attributes growth to increases in share prices of quoted companies in the portfolio, particularly Tungsten West which rose 69% during the month. Notes that recent events in the Middle East have created new uncertainty but says it not aware of any meaningful negative impact on its portfolio companies. Read More