Mining Magazine August 2017 | Page 8

PROFILE
SP ANGEL IS a boutique independent investment bank and around half its business is in the resources space , with most of its staff experienced at working with companies within the mining industry .
Leading resources analyst John Meyer at SP Angel introduces the organisation : “ We are Nomads ( Nominated Advisors ) for companies on AIM ( the Alternative Investment Market ). We list resources companies and manage their corporate affairs while raising money for them in the market . Investors have a fairly short time horizon while companies are working on a longer-term basis to create value so we ’ re raising equity to help them get there .
“ Companies tend to come to us . They present themselves and we decide whether we want to invite them to work with us . It ’ s a bit of a meeting of minds really . They want to work with people who understand what they ’ re doing and can appreciate the long-term value of the geological and mining work they do .”
The recruitment behind SP Angel is paramount and allows it to get the exact right people to better support those in industry . “ Our Nomad
team is the most experienced team of analysts in the city at working with resources companies ,” Meyer explains . “ We understand the language they speak , the issues they face and we don ’ t walk away from difficult situations . They ’ re going to get better advice from SP Angel than many other firms . You need to be a very big company to get the attention of JP Morgan and you ’ re not certain of getting the best advice from one of
8 August 2017