Some serious money will change hands this week when national and international guests meet at Peppers Noosa Resort for the annual Noosa Mining and Exploration investor conference.
Organised by mining engineer and ex-stockbroker Phil Dickinson the three-day conference will bring together Australian stock exchange listed mining companies with investors, stockbrokers and fund managers.
Phil said the first event came after a meeting was held in Hastings Street in 2010 to create ways to attract visitors to the region.
“I figured I could probably put an event on for mining investors,” he said.
The first event in 2011 attracted about 350 investors and this year there are more than 1000 registered to attend. People are travelling from Europe, North America and New Zealand to attend the conference and about 70 per cent of guests will arrive from interstate.
“The first couple of years we had 33-34 companies and now there’s more than we can accommodate,” Phil said.
Phil said they would be a very engaged audience of serious investors.
A large and diverse group of mining companies from gold, mixed minerals and base metals to gas and oil will attend the conference.
Those considered small with annual income of up to $35 million will be allocated 10 minutes each to speak about their companies on the first day while larger companies will take 15 minutes each to attract investors to their companies.
Phil said the appeal to investors to come to Noosa extended beyond the conference with many taking the opportunity to holiday and enjoy both the Noosa destination and the Noosa Alive Festival.
