Ardea Resources is the most recently added position to the MJG portfolio and our only cobalt investment. With a fully diluted Enterprise Value of ~A$65m, Ardea provides more leverage to the price of cobalt than any other public vehicle globally.
The severity of the commodities bear market from 2011–2015 makes Matt Geiger, managing partner at MJG Capital, confident that the current hard asset bull market will last into 2019 and quite possibly longer. In this interview with The Gold Report, Geiger discusses commodities he is especially keen on right now and several companies that he expects to perform well.
At 24 years of age, Matt Geiger is one of the brightest and youngest minds in the resource space. In 2011 he dropped out of the prestigious Wharton Business School to build a Silicon Valley start-up with a class-mate. To date, the duo has secured $10 million in funding. Concurrently, Matt launched a resource fund, raising several million dollars to pursue investments in the junior mining space.
Aside from the exuberance surrounding the tops of bull markets, the general investment public is uninterested and underinvested in natural resource equities, says Matt Geiger, founder of MJG Capital Limited Partners. Geiger views the general apathy toward natural resources as an opportunity, and profiles three companies that he believes are in position to break away from the herd.
Matt feels that 2017 will be a lucrative year, as we have seen the bottoming of the bear market. Uranium appears to have reached its bottom in early December. We are in the beginning of a new uranium bull market which should last for three to four years.