ASX listed Orocobre has shown how resources companies ought to behave for investors
John Robertson
PortfolioDirect
ASX listed Orocobre has shown how resources companies ought to behave for investors. The company's market value has doubled since April to just under $280 million while the small resources share price index - supposedly made up of the best of the growth oriented stocks in the sector - has dropped another 6%. Orocobre is constructing a lithium production plant in Argentina with a view to commencing production by June 2014. Despite the proliferation of resources companies proposing new projects, few have done so successfully over the course of the most recent cycle. Unsurprisingly against this backdrop, investors have been departing the sector. Orocobre is showing what can happen if companies get it right: the share price goes up, even if sector prices are generally falling! There is a chart of the Orocobre share price and the small resources share price index at (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.
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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