Noosa Mining and Exploration Conference 2013
Morgans was again proud to support the third Noosa Mining and Exploration Conference (NMEC) on Thursday 18 and Friday 19 July, 2013. NMEC was well attended by 36 corporates and over 500 delegates in a surprisingly positive mood, perhaps reflecting a solid bounce among the small caps since late June.
Funding constraints remain a dominant theme however investors took heart from upbeat keynotes from Owen Hegarty and Michael Pascoe. Both echoed that whilst the road may be bumpy, "Australia and Asia are locked in a virtuous circle of prosperity".
The sector looks like an opportunity for patient, counter-cyclical investors.
Owen Hegarty is a perma-bull, no doubt about it, but he's been through a few of these downturns before. Asia's bourgeoning middle class is accelerating consumption and the regional surge in infrastructure in China will continue – with the metal intensive stage of economic development underway.
Hegarty cites regional subway systems still in their infancy and sees strong demand in an upwards trend coming from China and Asia.
Clients can login to view the Noosa Conference Wrap, featuring a summary of the presentation highlights, our key picks within metals and mining and oil and gas, the top small-caps to watch and further detail from Owen Hegarty and Michael Pascoe's speeches.
Hear from the managing directors of several companies presenting at this year's conference about key developments and plans for the future:
Please contact your Morgans Adviser for more information and presentations from the Noosa Mining & Exploration Conference 2013. If you are not a Morgans client and would like more information on the conference or resources companies, please contact your nearest Morgans branch.