Resources Rising Stars puts on an even bigger show for investors in its 16th year
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Special Report: This year will be another record-breaker for the Resources Rising Stars investor conference on Queensland’s Gold Coast, with the number of presenting companies and investors both set to hit an all-time high.
The theme of this year’s conference is “Pick Your Own Stocks”, which is a reference to the huge outperformance which can await investors who do their own share-picking, rather than just accepting the poor returns which so often come from managed, not to mention expensive, funds.
Investors will have the chance to get up close and personal with 36 companies, ranging from stand-out performers such as Northern Star Resources (ASX: NST), Sandfire Resources (ASX: SFR) and Pilbara Minerals (ASX: PLS) through to a host of small and mid-cap companies offering significant growth potential through exploration and project development.
Investors will also have a rare opportunity to hear directly from guest speaker and legendary financial commentator Robert Gottliebsen, whose regular columns in The Australian newspaper provide invaluable insight into the threats and opportunities awaiting them.
The conference, which is in its 16th year, starts at 8.50am on Tuesday June 4 and runs until 4.45pm Wednesday June 5.
“Resources Rising Stars Gold Coast is all about putting companies and investors together,” said Nicholas Read, managing director of conference organiser Read Corporate.
“Professional investors such as fund managers and analysts get the opportunity to talk to company management every day of the week.
“Resources Rising Stars gives retail investors the same opportunity. They can hear the presentations and then talk to the managing directors one-on-one at the booth throughout the two days.
“It’s an invaluable opportunity to get the insights and information needed to help them make profitable investment decisions.”
The number of registered delegates for this year’s conference is growing by the day.
Last year the conference attracted over 700 delegates and more than 600 have already registered for this year’s event.
“We’re hopeful that we’ll beat last year’s record,” Read said.
The need for investors to identify individual stocks with strong growth prospects if they are to generate good returns is also a result of the fact that there has been no over-arching trend.
But there are individual standouts, as evidenced by recent news such as Wesfarmers’ (ASX:WES)$776m takeover bid for lithium miner Kidman Resources (ASX: KDR).
The offer price of $1.90 a share is a 47 per cent premium to Kidman’s last closing share price – just one example of the strong returns that can be made by picking the right stocks.
Resources Rising Stars delegates heard presentations from Kidman when its share price was just a fraction of the takeover offer.
This year investors will get a chance to hear from a range of companies spanning the gold, lithium, diamond, base metals, high purity alumina and mineral sands markets.
The line-up includes lithium explorer Liontown Resources (ASX: LTR), which is on a bit of a tear at the moment.
Liontown’s Kathleen Valley project in WA hosts a high-grade resource of 21.2 million tonnes at 1.4 per cent lithium oxide, providing the foundation for a positive scoping study on a $230m, 2-million-tonne-per-annum development (a similar scale to Pilbara Minerals’ Pilgangoora stage 1 lithium project).
In the past week its shares have rallied over 40 per cent to 4c.
Also witnessing a bit of investor action is Bardoc Gold (ASX: BDC), which has gained nearly 30 per cent in the past week to trade at 6.3c.
The company recently uncovered broad zones of shallow, high-grade gold at the Lady Kelly prospect, part of its 2.6-million-ounce Bardoc project north of Kalgoorlie in WA.
Other promising explorers that will take the stage include Tanzania-focused mineral sands explorer Strandline Resources (ASX: STA), money-making diamond miner Lucapa Diamond Company (ASX: LOM)and base metals developer Orion Minerals (ASX: ORN), which is on the cusp of announcing a definitive feasibility study for its flagship Prieska zinc-copper project in South Africa.
Orion’s shares have also gone for a bit of a run this year, gaining 70 per cent since the start of the year.
The company has a few base metals and gold projects in South Africa as well as base metals and gold projects in Australia.
As is tradition, respected resources expert Hedley Widdup from Lion Selection Group will give delegates his perspective on where the cycle is at.
Attendees will also hear from leading business and financial commentator Peter Switzer.
Mr Switzer has been writing in The Australian newspaper for 20 years and regularly appears on Sky TV and Radio 2UE.
This story was developed in collaboration with Read Corporate, a Stockhead advertiser at the time of publishing.
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