LBI is a mining finance and investment company that identifies in realises the potential of early stage resource opportunities. The fundamental objective of LBI management is to generate profits and be a vehicle through which major investment institutions use to identify opportunities. LBI is different from other listed TSX mining companies in that it raises money to invest; not spend on high risk exploration or executive costs in running a junior resource company. LBI is an activist investor that sets and monitors performance hurdles for management and the projects in which they invests. As an activist LBI will replace management if necessary to drive change for the benefit of all shareholders.
LBI will conceive new projects and opportunities and provide seed capital thereby providing a window for investors to participate in one of the most lucrative areas of the junior mining space. Most junior mining companies are run for the benefit of management who have had little or no experience or skills required for the development of a successful mining company. The hard reality is that over 85 per cent of listed junior mining companies fail. They return to the market again and again for capital which is often used to support lifestyles.
The LBI management team and consultants have a proven record of achievement The chief executive, John Byrne, was the architect and executive chairman of Western Canadian Coal.
Under his stewardship,Western Canadian went from a valuation of under $1 million to be sold for over $2 billion in seven years. In the 24 months LBI has been operating it has been instrumental in successfully transforming Jervois Mining from a sleepy minnow into the most successful junior in the emerging cobalt market on the ASX.
LBI has identified and invested in five other projects all of which are now listed entities.View our portfolio