Diggers & Dealers Debrief, and a little alchemy
This year's Diggers & Dealers gathering was somewhat more measured than last year. Back in 2016, we were at the zenith of a mighty six month surge in mining stocks as every man and his dog scrambled to re-weight back into the sector. Everyone was positive, but as is usually the case, they were positive at the peak. The last 12 months have been much tougher. The consensus amongst my contacts in Kalgoorlie was that this was a working man's Diggers - much more measured - and not one dominated by bullish sentiment.