The Company‘s investment objective is to realise capital growth from a concentrated portfolio of Junior Resource Equities and its aim is to generate a significant capital return to shareholders. The initial investment focus will be weighted towards gold producers in the Junior Resources Sector. Investments in the initial years will be focused on Junior Resource Companies that are in production or are at the project development stage and which are also either fully funded or are considered likely to be able raise future equity and/or debt. It is anticipated that the businesses and assets of approximately 75% of the Investee Companies will be based in emerging markets. It is anticipated that the Company Portfolio will contain approximately twenty holdings, each representing between GBP 0.5 million and GBP 3 million. Typically, the Company will seek to acquire interests of between 3% and 10% in Investee Companies but retains the flexibility to acquire larger positions.