W Resources, Emmerson, Malcy and John Stepek writer of, "Sceptical Investor"
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On today's Vox Markets Podcast: W Resources, Emmerson, Malcy and John Stepek writer of, "Sceptical Investor"
Michael Masterman, Chairman of W Resources (WRES) provides an update on progress at La Parrilla, its flagship tungsten-tin mine in Spain and other parts of the business.
W Resources strategy is to build a European mining company focussed on delivering long term production of tungsten, a key strategic metal with strong market fundamentals. With five projects in Spain and Portugal, W has three tungsten projects: La Parrilla in Spain, Régua and Tarouca in Portugal; the CAA Portalegre gold/copper project in Portugal and the Monforte-Tinoca copper project in Portugal. With two large low cost tungsten mines in development, the focus is on the Fast Track development of La Parrilla and Régua.
Hayden Locke, Chief Executive Officer of Emmerson (EML) explains the significance of completing the Environmental Baseline Study at their Khemisset potash project in Morocco.
Emmerson's primary focus is on developing the Khemisset Potash Project located in Northern Morocco. The project has a large JORC Resource Estimate (2012) of 311.4Mt @ 10.2% K2O and significant exploration potential with an accelerated development pathway targeting a low capex, high margin mine. Khemisset is perfectly located to capitalise on the expected growth of African fertiliser consumption whilst also being located on the doorstep of European markets. This unique positioning means the project will receive a premium netback price compared to existing potash producers. The need to feed the world's rapidly increasing population is driving demand for potash and Emmerson is well placed to benefit from the opportunities this presents. (Interview starts at 11 minutes 26 seconds)
Oil & Gas Sector specialist Malcy talks about the following stocks:
(Interview starts at 17 minutes 42 seconds)
John Stepek, Executive Editor of Moneyweek Magazine and author Sceptical Investor - How contrarians bet against the market and win - and you can too.
Everyone wants to be a contrarian investor.
From the hedge funds who bet against the US housing market in the run up to 2008, to George Soros’s billion-dollar bet against the Bank of England in 1992, some of the most famous and most profitable trades in history have been contrarian calls. And with the relentless growth of passive investing - investors blindly following the market - the opportunities for a smart investor to profit by betting against the crowd should be greater than ever. Yet being a contrarian is hard work. It takes patience, the conviction to stand by an unpopular viewpoint, and the mental toughness to endure being 'wrong' for prolonged periods of time.
Standing out from the crowd goes against our every natural instinct.
Which is, of course, why it works.
(Interview starts at 32 minutes 56 seconds)
Disclaimer & Declaration of Interest
The information, investment views and recommendations in this article are provided for general information purposes only. Nothing in this article should be construed as a solicitation to buy or sell any financial product relating to any companies under discussion or to engage in or refrain from doing so or engaging in any other transaction. Any opinions or comments are made to the best of the knowledge and belief of the writer but no responsibility is accepted for actions based on such opinions or comments. Vox Markets may receive payment from companies mentioned for enhanced profiling or publication presence. The writer may or may not hold investments in the companies under discussion.