Neil Herberts departure from managing mining and energy investor Polo Resources, Investec Funds Insight wrote ‘Under Neil Herbert’s stewardship Polo returned $185m in special dividends following highly NAV accretive realisations and has strategically transitioned Polo’s resource focus.’ Polo outperformed all its peers during his time as Managing Director.
Prior to Polo he was Finance Director of mining investor Galahad which achieved an average 66%pa IRR. Neil became FD of its most successful investment UraMin Inc, which he took from start-up to $2.5bn takeover in 2 years with Galahad achieving an annualised return of 167%.
He worked with Antofagasta PLC during its 90s transformation into to one of the world’s largest copper producers with the $1.3bn Pelambres and $0.3bn Tesoro mines taken into production. After that he was CFO of gold explorer Brancote until its $0.4bn acquisition by Yamana.
His career began with PwC, a Fellow of the ACCA and an Honors degree in Economics & Economic History. He has been a director of companies on AIM, ASX, LSE, JSE & TSX and advises and invests in companies worldwide.