Dryblower: Bill Beament downsizes for the upside

BILL Beament, executive chairman of Northern Stars Resources, is not alone in “downsizing”. Dryblower has spotted a trend among senior mining company executives which mimics Beament’s planned migration from A$12 billion Northern Star to $130 million Venturex.

Dryblower: Bill Beament downsizes for the upside Dryblower: Bill Beament downsizes for the upside Dryblower: Bill Beament downsizes for the upside Dryblower: Bill Beament downsizes for the upside Dryblower: Bill Beament downsizes for the upside

One reason for the shift from big to small is a growing belief that the resources world is at the start of a decade-long supercycle of strong commodity demand, restricted supply, and high prices.