Pura Vida Energy poses an investment dilemma
John Robertson
PortfolioDirect
Pura Vida Energy poses an investment dilemma. Deepwater oil and gas exploration is expensive with little discretion as to the timing of disproportionately large expenditures for a small company. It is logically the preserve of the largest companies with the deepest pockets. Results are a long time in coming and, for the small company, there is usually no middle ground between success and failure. Success can be transformational but possibly a mixed blessing for the small company if it precipitates a need for large amounts of capital. Pura Vida Energy is potentially among the best of the smaller companies in this space but a holding needs to be a part of a well diversified portfolio of explorers for all but the most risk friendly. The PorfolioDirect summary report for stocks rated in February 2014 can be downloaded from (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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