The Insider: Meet the Fund Manager sessions are a great way to hear directly from leading funds managers. They share their approach to investing, favourite companies and their market view for the year ahead.
Prospect Resources is an ASX-listed battery minerals company primarily focused on lithium, with a 70% stake in the Arcadia Lithium project in Zimbabwe.
The company successfully opened its Arcadia Project pilot plan in the June quarter of this year and is on track to complete its optimised feasibility study in the next 3 months.
With battery metal prices surging to two-year highs, Viriathus Capital’s Shaun Cartwright said Prospect Resources could be a big winner.
Speaking at Reach Markets’ The Insider: Meet the Fund Manager webcast, Mr Cartwright said low-cost lithium producers like Prospect will be able to “command whatever price they want” for the sought-after metal.
Although Prospect produces their lithium from hard rock, a process which is typically more expensive, the company’s costs are reduced by selling petalite, a by-product from the production process and a key ingredient in ceramics and glass.
According to Prospect’s Managing Direct, Sam Hossack, utilising both materials creates a “massive reduction” in costs.
Next Fund Manager
Luke Winchester – Founder and Portfolio Manager - Merewether Capital
Merewether Capital is the first venture coming out of ARC, the new fund incubator platform backed by Harley Grosser’s Capital H Management. Merewether is about to launch its inception fund featuring a concentrated portfolio of high conviction microcap equities. Luke Winchester, Founder and Portfolio Manager at Merewether Capital, started the company with the intention of applying his vast microcap investment knowledge to a new top-performing fund. Luke has over 10 years’ experience in microcap investing, most recently serving as Emerging Companies Portfolio Manager at Oracle Investment Management.
Meet the Manager
Get access to some of Australia’s leading fund managers who share their 3 favourite stocks, investment approach and insights on the market.
Each session includes:
- 3 favourite stock opportunities
- Market views for the year ahead
- Investment strategy and approaches
This is a live and interactive session, where you get the rare opportunity for Q&A with a fund manager. Spots are limited – book now to access this FREE event.
Reach does not assume responsibility for the accuracy or completeness of any information provided, and the views expressed are not reflective of Reach Markets position.
Any advice contained within this presentation is general advice and does not consider your personal circumstance, you should consider whether it’s appropriate for you.
The information we are giving you is for educational purposes only. “Investing is about understanding your risk” and every time you invest in the share market there is a risk of loss