GEIGER COUNTER LIMITED — Net Asset Value 2019

Nov 29, 2019

National Storage Mechanism | Additional information

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RNS Number : 2043V

Geiger Counter Ltd

29 November 2019

GEIGER COUNTER LIMITED
Date of Announcement:		29/11/2019
Net Asset Values per share as at:			28/11/2019
The unaudited net asset value (NAV) of the company is noted below in pence per share.
						Pence per share
Geiger Counter Limited							14.98

The Fund's NAV has increased materially since the last published NAV on 27 November 2019 as a result of positive news having impacted the assessed value of one of the Fund's investments. The investment in question holds a number of ongoing mining interests, one of which is an iron ore mine where we have been advised of a material increase in value.

The underlying investment has recently closed a significant capital raise in order to bring the prospect into production. Whilst a number of risks exist ahead of production, the Fund has adjusted the underlying valuation to take account of these developments.

Enquiries

CQS (UK) LLP                                                          

Craig Cleland                                                              +44 (0) 20 7201 5368

finnCap Limited

William Marle / Giles Rolls                                          +44 (0) 20 7220 0500

R&H Fund Services (Jersey) Limited

Jane De Barros-Sousa                                               +44 (0) 1534 825 259

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