Aspiring uranium producers Bannerman Resources and Deep Yellow were reviewed in the latest PortfolioDirect rating report
John Robertson
PortfolioDirect
Aspiring uranium producers Bannerman Resources and Deep Yellow were reviewed in the latest PortfolioDirect rating report. Both face the possibility that uranium prices high enough to support new mine production could still be years away. There is a tendency for commodity linked equity markets to anticipate several recoveries in the latter stages of a cyclical trough for every one that occurs as the balance of risks changes. Also, some of the uranium market drivers (e.g. a restart of power plants in Japan and new plants in the middle east) are more diverse than those for metals like iron ore and copper which rely heavily on Chinese macroeconomic outcomes. For risk management purposes, these features could warrant some uranium portfolio exposure through BMN and DYL. However, for the time being, investors should assume share price gains could prove fleeting until a full scale cyclical improvement begins.
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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.
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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