Investment Record

Companies established as part of the ACH investment model included:

  • Lunnon Metals (ASX:LM8) is focussed on the Foster / Jan Nickel Project at Kambalda, Western Australia
  • Medallion Metals Ltd (ASX:MM8) was set up in 2015 to execute a farm-in and joint venture agreement with Silver Lake Resources Ltd on the Ravensthorpe Gold Project in Western Australia; the company subsequently acquired 100% of the project in late 2016 and is now preparing to list in an Initial Public Offering on the ASX prior to the end of 2020; and
  • ACH Gold and ACH Exploration, subsidiaries of ACH Global, have previously held minority interests in an overseas high-grade gold project and exploration tenements across Australia (now relinquished).

ACH Global’s activities have been scaled back until such time as both Medallion Metals Ltd and ACH Nickel successfully crystallize and complete the milestones desired by the founding investors. At that future point the Company may recommence the review of additional mineral resource sector opportunities.

A Case Study of the successful application of this strategy by the directors of ACH prior to the establishment of the new companies demonstrates the potential value uplift that can be created.