Get ready, because the next two months could see an avalanche of pebble winners.
Let me explain why...
The key factor setting these extraordinary pebble profits in motion is almost always a foreign takeover.
You probably already know Asian companies need Australia's raw materials. Rocks and energy, basically.
But the thing is these cashed-up giants can't just buy the big miners like BHP or Rio Tinto. The Foreign Investment Review Board (FIRB) wouldn't let them.
So instead of going after the 'boulders' of the resource industry, China is collecting lots and lots of 'pebbles'.
They're acquiring small, quality resource juniors that are trading at much lower prices than this time last year.
By collecting lots of pebbles China gets the same amount of rock in the end. It's easier work though. The pebbles take less lifting than boulders - there's less capital involved. No regulators complain either. So long as China doesn't try to snatch anything too substantial.
And there has NEVER been a better time for 'pebble-snatching' than right now...
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