This week's PortfolioDirect/resources investment report rated four companies: Discovery Metals (DML), Blackthorn Resources (BTR), Cape Lambert Resources (CFE)...

John Robertson

PortfolioDirect

This week's PortfolioDirect/resources investment report rated four companies: Discovery Metals (DML), Blackthorn Resources (BTR), Cape Lambert Resources (CFE) and Bauxite Resources (BAU). Of the four, Bauxite Resources is the only one to stand out at the moment as having a potentially world-class development, with extensive tenements adjacent to those of Alcoa and BHP Billiton in the southwest of Western Australia in what has proven to be a global hub for the mineral. There are a couple of flies in the ointment, so no need to rush, including a threat of legal action by a class action funder. It also needs to lock in rail and port arrangements but does have multiple choices with Kwinana, Bunbury or Albany all options. The PortfolioDirect ratings are available to assist investment professionals in advising their clients. The latest monthly ratings summary (for November) can be downloaded here: (VIEW LINK).


1 topic

John Robertson
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

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.