Resource Sector Strategy – Weekly Investment Report
John Robertson
PortfolioDirect
The commentary in the PortfolioDirect weekly investment report continues to highlight the deteriorating cyclical position confronting the resources sector as prospects of a global growth acceleration appear to diminish. The forecast duration of the current cycle has been revised to take account of the less supportive macro landscape. Impact Minerals (IPT:AU) which has been the subject of a PortfolioDirect rating review has been highlighted in this issue. Impact Minerals is commencing a four week drilling program near Broken Hill to test earlier indications for platinum group and base metals. The company is led by an executive with strong exploration credentials having gained experience with the relevant mineralisation types while leading a discovery team at Western Mining. The company is in the midst of a partially underwritten rights issue. Impact Minerals has retained a '4' rating on the five point PortfolioDirect rating scale for Phase I companies since being first reviewed in July 2014. The PortfolioDirect report is available here (VIEW LINK)
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John Robertson is Chief Investment Strategist for PortfolioDirect a provider of resource sector investment stock ratings and portfolio strategies for mining and oil and gas investors. He has worked as a policy economist, corporate business strategist and investment market professional for over 30 years after starting his career as a Commonwealth Treasury economist in Canberra. Since being Australia's top-rated commodities analyst and chief economist at one of Australia' leading stockbroking firms, he has advised companies across the mining, consumer products, IT and biotech sectors on their equity market relations. He leads the firm's investment evaluation and security structuring activities on behalf of the Australian Small Scale Offerings Board (ASSOB), the world's first equity 'crowdfunding' investment platform. John Robertson discusses the interaction of mining and investment markets in his weekly 'From the Capital' column in Mining Journal.
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John Robertson
PortfolioDirect
John Robertson is Chief Investment Strategist for PortfolioDirect a provider of resource sector investment stock ratings and portfolio strategies for mining and oil and gas investors. He has worked as a policy economist, corporate business...
Expertise
No areas of expertise
John Robertson
PortfolioDirect
John Robertson is Chief Investment Strategist for PortfolioDirect a provider of resource sector investment stock ratings and portfolio strategies for mining and oil and gas investors. He has worked as a policy economist, corporate business...
Expertise
No areas of expertise
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