Seeking Alpha

Anomalous Inves...'s  Instablog

Anomalous Investments
Send Message
AI is a unique, value-added, independent advisory service focused on uncovering select, under-researched Special Situations in the natural resources industry. Particular focus is on gold, silver, oil, natural gas and agriculture. AI utilizes rigorous analysis & numerous analytical frameworks... More
My company:
Anomalous Investments
View Anomalous Investments' Instablogs on:
  • Sprott Resource Corp. - Analysis of FY 2009 Results
    The following are selected highlights of a research report by Anomalous Investments Limited ("AI"), dated April 9, 2010, on Sprott Resource Corp (OTCPK:SCPZF).



    • Net Asset Value (NYSE:NAV) of C$ 5.35 per share (US$ 5.34 per share), or C$ 515 million (US$ 514 million).
    • Sprott Resource Corp currently trades at 0.84 of NAV.
    • SRC maintains an extremely healthy & liquid balance sheet.
    • Several value creation opportunities in 2010, including the potential IPO of Stonegate Agricom, its phosphate subsidiary.
    • Management & insiders own 10.7% of the shares in the company.
    • SRC maintain an active share buyback program.
    Based on the above, AI states that Sprott Resource Corp is a "value investment" in the natural resources industry.

    Disclousure:  AI owns shares in Sprott Resource Corp.

    Matthew T. Schroeder is the President of Anomalous Investments, an independent, value-added investment research company based in Hong Kong, focused on finding small, undiscovered Special Situations in the natural resources industry. AI’s goal is to identify top centile (1%) investments, on a risk/reward basis, in the natural resources industry. Particular focus is on gold, silver, oil & gas and agriculture. Mr. Schroeder can be reached at matthew.schroeder@anomalousinvestments.com.




    Disclosure: Long SCPZF
    Apr 13 11:34 AM | Link | Comment!
Full index of posts »
Latest Followers
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.