What’s MM’s favourite miner today?
Hello James and all Wondering which miner is the best buy currently? Also, in the near term is OZL looking stronger than IGO at current levels in your view? Thanks Rob
The Latest Q&A
Answer
Hi Rob,
I would probably plumb for IGO as my preferred miner today but most of them have run fairly hard so the risk / reward is not as exciting as it was back in July.
- In terms of OZL v IGO its a calculated “guess” around whether BHP Group (BHP) will increase its bid for copper / gold miner OZ Minerals (OZL), we believe it probably will but this comes with plenty of downside if it follows in the footsteps of Ramsay Healthcare (RHC) hence we took part profit on our position in the Flagship Growth Portfolio into the initial spike.
