Not having Conviction Hurts Returns (Dave Franklyn Interview)

We had natural resources fundie Dave Franklyn on to pick his brain on everything commodities related.

The world of commodities has changed quite a bit since we last spoke with Dave one year ago, so we revisited some favourite topics such as the forces moving gold, the state of the Chinese economy and building a resources portfolio, as well as why the world’s view of met coal has changed, whether this is a ‘pause’ for uranium and plenty more. 

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(0:00:00)Dave Franklyn on MoM

(0:01:10)Diggers sentiment

(0:04:58)Key market observations

(0:08:20)Shorting

(0:12:13)Energy transition and Geopolitical

(0:15:08)Oil & gas investing

(0:16:22)High conviction

(0:20:01)Gold 

(0:21:25)Capricorn Metals

(0:26:35)Develop

(0:31:49)Copper

(0:33:49)Uranium

(0:44:41)Met coal 

(0:47:38)Rare earths

(0:51:21)PLS acquisition of LRS and also LTR

(0:56:06)Rapid thoughts