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PDAC 2023, Technical Program Presentation

Abstract:  Numerous financing methods are used to finance mining project development ranging from traditional project debt to alternative financing arrangements tied to metal prices.  Static cash flow models are often used to determine a project’s ability to fulfill its financing obligations by calculating internal rate of return and financing ratios.  However, this modelling…

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2023 SME Annual Conference

Mining projects are financed by numerous methods ranging from traditional project debt to alternative financing arrangements tied to metal prices.  A project’s ability to fulfill its financing obligations are often assessed with aa static cash flow model that calculates internal rate of return and financing ratios.  However, this modelling approach has a…

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Imdex Xplore Tech Symposium

Greenfield and brownfield exploration is fundamental for a successful mining industry.  Yet, it is hard to find mining professionals who can clearly articulate how exploration creates value.  This presentation corrects this oversight with a simple one-period model that demonstrates how exploration is a learning option that creates value through information-gathering.  A case study,…

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90th Anniversary

PDAC 2022

Abstract: This course’s content is fundamental to exploration decision-making, such as if/when to continue spending, form joint ventures or divest from projects. This course explains and integrates several themes that are absent from other exploration-mining courses and university teaching. Rather than focus on data analysis and precision, this course instead introduces…

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CBV Institute

CBV Congress 2022

Abstract: Valuation is done in a dynamic business environment in which the future is a range possibilities. Value estimates using cost and market comparable methods may work in some situations but offer little insight into how uncertainty about the future influences value. A dynamic cash flow model extends the conventional…

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