The two best takeover targets in my portfolio right now

Dear Reader,

As you’re probably aware, mergers and acquisitions (M&A) activity in the mining sector is heating up once again.

In the last few weeks alone…

With these multimillion-dollar and even billion-dollar deals starting to emerge, the investment landscape is looking very reminiscent of early 2000s, specifically the period when the so-called ‘once in a lifetime’ mining boom began to take hold. History is only a guide, of course…

Which is why I believe now is the time you want to own a stake in the companies that the majors have their eye on.

Historically, share prices of mining companies tend to rise when a bigger player expresses an interest in acquiring them. And while we don’t know what will happen in the future…

…just take Albemarle’s initial announcement in March last year to acquire Liontown Resources [ASX:LTR]. That single event caused Liontown’s stock to surge 73%. Investors in Liontown would’ve almost doubled their money within days.

Inside the Diggers and Drillers portfolio, I have two key acquisition targets I’m recommending readers take a closer look at right now.

Both have ‘strategic bites’ from the big players — BHP Group [ASX:BHP] has taken a 10% stake in one of our targets, Rio Tinto [ASX:RIO] has taken a 15% stake in the other.

These small ‘bites’ could be telegraphing their future moves. Will the majors eventually pursue a full-blown takeover and possibly send the share prices of these smaller companies shooting up? Only time will tell.

These are some of my highest-conviction mining plays for 2024 and I believe they should be on your watchlist too.

You can access both of these takeover targets, including their names, ticker symbols, and full write-ups on their buyout prospects when you join Diggers and Drillers today.

Diggers and Drillers is my investment advisory service that helps you find resource stocks with high potential upside listed on the ASX and around the world.

Of course, this is not a pure buyout advisory. In fact, I believe all the companies in our portfolio could do very well in their own right. And if one of our portfolio stocks shoots up on the back of a merger or acquisition announcement, I’d consider it icing on the cake.

Now, this year copper, silver, and gold have all flirted with or broken out to new all-time highs. These commodities tend to be the early leaders in a resource supercycle and, I believe, many more commodities will follow. Returns are never guaranteed even in boom times, and mining stocks can be volatile investments, so you should only allocate capital you can afford to lose.

That’s why you’ll want a wide cross-section of exposure to companies in the mining sector.

This is exactly what I aim to do for you with my stock recommendations inside Diggers and Drillers.

And if you join today, my publisher is offering you a massive EOFY discount. All you have to do is claim your discount before Sunday 30 June at midnight AEST.

Put simply, this means that for a limited time only, you can get immediate access to all of my resource stock recommendations for just $39.99 for three months, instead of $199 for the one-year subscription. After your first three-month period, you can continue to renew every three months at the same discounted rate unless you wish to cancel, which you can do so at any time.

And if you decide Diggers and Drillers is not for you within your first 30 days, you can contact our Melbourne-based customer support team during that time request a full refund of the fee you pay today.

Check out the full details of your limited-time EOFY discount right here.

Considering where we are in the resource supercycle right now, becoming a subscriber to Diggers and Drillers is one of the best ways I know of to set yourself up for the action that could be coming next.

Regards,

James Cooper,
Editor, Diggers and Drillers

PS: Click here to claim your discounted subscription to Diggers and Drillers before midnight AEST this Sunday, 30 June.

After that date, there’s a good chance you won’t see my service priced this low ever again.

In the future, you’re still welcome to join at any time and get immediate access to my full portfolio of resource stock recommendations, but it will be at the full annual price. Don’t miss out on this special EOFY deal.