Lawso
05-01-2004, 07:38 PM
Here's an interesting tip from an unlikely source - Equity Investment Advisers, a Dorchester Pacific subsidiary and publisher of the NZ Investor Monthly. (it's dated 25.11.03 but I've only just caught up with it.)
Under "What's Hot" Equity is recommending Oz-listed MSC, which is developing a kaolin clay mining operation on Cape York Peninsula, Qld. The plant has been successfully commissioned, they say, and MSC "will enjoy an enormous competitive advantage selling their product into Asian markets [over the other two major kaolin producers, Brazil and Georgia, USA] due to the geographic location of their mine." Investors should watch closely for a share price re-rating, Equity says, as they move from construction to production.
NZIM is a worthwhile read, by the way. It's free to Equity clients and on sale at most magazine counters. On this subject, how many agree with me that NBR's sharemarket investment pages are now pretty useless?
I knew nothing about MSC until now but for those interested in Aussie mining stocks there's an MSC thread on ASX Stock Chat.
Under "What's Hot" Equity is recommending Oz-listed MSC, which is developing a kaolin clay mining operation on Cape York Peninsula, Qld. The plant has been successfully commissioned, they say, and MSC "will enjoy an enormous competitive advantage selling their product into Asian markets [over the other two major kaolin producers, Brazil and Georgia, USA] due to the geographic location of their mine." Investors should watch closely for a share price re-rating, Equity says, as they move from construction to production.
NZIM is a worthwhile read, by the way. It's free to Equity clients and on sale at most magazine counters. On this subject, how many agree with me that NBR's sharemarket investment pages are now pretty useless?
I knew nothing about MSC until now but for those interested in Aussie mining stocks there's an MSC thread on ASX Stock Chat.