The latest PortfolioDirect investment report contains reviews of Red 5, Molopo Energy, Zamia Metals and Kasbah Resources
The latest PortfolioDirect investment report contains reviews of Red 5, Molopo Energy, Zamia Metals and Kasbah Resources. The overall rating for each stock is based on an assessment of market and milestone risk factors displayed by the company. Red 5 is classified as Phase II. It is working toward reinstating production by the end of 2014 after completing remedial work on a tailings dam wall. Kasbah Resources is in the latter stages of Phase I. It is now a relatively low risk development opportunity finalising funding and offtake packages before committing to construction of its Moroccan tin mine. Molopo Energy is a Phase II company in the process of restructuring its business model. Zamia Metals is a Phase I company with molybdenum exploration interests in Queensland. Kasbah Resources has the most attractive risk profile of these four.
