Dear Reader, Here at Fat Tail Investment Research, we’re getting a distinct sense of history repeating… Back in the mists of time — when our independent stock-picking business was just a single newsletter sent out by post — Australia’s LAST mining boom was also in its infancy. Addressing our very first readers, we called it… …‘The Big Dig’. And predicted that ‘real asset’ stocks…the best of which were listed right here on the ASX…would start to peel away from all other investments you could make. At least for the foreseeable future. We covered this first boom as it crested…finally went mainstream…and then supersonic. And in those pioneer days we didn’t mince words: ‘A giant exploration and production rush is about to hit Australia, the likes of which have not been seen in 25 years.’ Our prediction seems obvious in retrospect. Trust me, most scoffed at the time we made it. The Australian mining boom that peaked in 2011 came on SO fast…and SO hard…it blindsided even the grizzled veterans. China’s huge appetite for minerals was a tide that lifted all boats. High grade, low grade, long mine life, or short mine life…it didn’t really matter. Any company with a decent possibility of going into some form of production benefitted. As did those who owned the stocks before everyone else. But just ONE company can lay claim to TOTALLY OWNING this First Age in modern Aussie mining: Fortescue Metals Group. Are we about to see a replay? And is there a SUCCESSOR to Fortescue in our midst? Fortescue ended up going from 2 cents back then to $25 today. We are in no way saying the five stocks revealed here will repeat that performance. Andrew Forrest’s big bet was a true one-off. ‘The most remarkable self-made business success story of this century,’ as the AFR puts it. That’ll likely never be repeated. But Fortescue’s story IS actually a guiding light in 2024… ‘Twiggy’ correctly picked…before anyone…the biggest mining mega-theme of the 2000s: China’s voracious appetite for steel. He predicted it. Cornered it. NAILED IT. And became Australia’s richest man off the back of it. Now…a new mega-theme is building. And a NEW crew of mining renegades are vying to stake it out. Our own exploration geologist James Cooper was a first-hand participant in the last mining boom. Right now…he’s placing his chips on the NEXT one. Five stocks. One, in particular, showing many of the traits and ambition and foresight that Forrest had in the early 2000s. You need to know about this outfit. Market cap just $270 million. And a gameplan that’s addressing many of the same challenges Fortescue Metals Group faced in the 2000s. This very small company is about to unlock a very big deposit. The largest of its kind IN THE WORLD. Its potential to come from nowhere and bust into ‘Tier 1’ status has only just started to worry the mining behemoths…including Rio Tinto. This has all the makings of a classic rags to riches story. Click here to access our brand-new report: WHO MIGHT RULE Australian Mining Boom 2.0. Regards, James Woodburn, Publisher, Fat Tail Investment Research |