Rating reviews for Blackham Resources (BLK:AU), Red 5 (RED:AU) and 88 Energy (88E:AU) have been completed recently. Coincidentally, all three are clawing their way back from investment histories which have required them to rehabilitate their investment presence. All have some way to go but have grounds for optimism about their renewed prospects. Blackham is now funded to start gold production within 12 months. Red 5 still needs to detail its medium term mine plans to fully demonstrate a strong value proposition but profitable production has recommenced. After reinventing itself as an Alaskan oil explorer, 88 Energy is putting down its first exploration hole in technically prospective areas after previously finding nothing of consequence off the coast of Morocco. Recent PortfolioDirect rating reports can be accessed through the latest weekly investment report: (VIEW LINK).
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