Home
Search results “Mining company valuation”
Mining Financial Modeling & Valuation Course - Tutorial | Corporate Finance Institute
 
26:57
Mining Financial Modeling & Valuation Course - Tutorial | Corporate Finance Institute Enroll in our Full Course to earn a certificate and advance your career: http://courses.corporatefinanceinstitute.com/courses/mining-industry-financial-model-valuation Master the art of building a financial model for a mining asset, complete with assumptions, financials, valuation, sensitivity analysis, and output charts. In this course we will work through a case study of a real mining asset by pulling information from the Feasibility Study, inputting it into Excel, building a forecast, and valuing the asset. -- FREE COURSES & CERTIFICATES -- Enroll in our FREE online courses and earn industry-recognized certificates to advance your career: ► Introduction to Corporate Finance: https://courses.corporatefinanceinstitute.com/courses/introduction-to-corporate-finance ► Excel Crash Course: https://courses.corporatefinanceinstitute.com/courses/free-excel-crash-course-for-finance ► Accounting Fundamentals: https://courses.corporatefinanceinstitute.com/courses/learn-accounting-fundamentals-corporate-finance ► Reading Financial Statements: https://courses.corporatefinanceinstitute.com/courses/learn-to-read-financial-statements-free-course ► Fixed Income Fundamentals: https://courses.corporatefinanceinstitute.com/courses/introduction-to-fixed-income -- ABOUT CORPORATE FINANCE INSTITUTE -- CFI is a leading global provider of online financial modeling and valuation courses for financial analysts. Our programs and certifications have been delivered to thousands of individuals at the top universities, investment banks, accounting firms and operating companies in the world. By taking our courses you can expect to learn industry-leading best practices from professional Wall Street trainers. Our courses are extremely practical with step-by-step instructions to help you become a first class financial analyst. Explore CFI courses: https://courses.corporatefinanceinstitute.com/collections -- JOIN US ON SOCIAL MEDIA -- LinkedIn: https://www.linkedin.com/company/corporate-finance-institute-cfi- Facebook: https://www.facebook.com/corporatefinanceinstitute.cfi Instagram: https://www.instagram.com/corporatefinanceinstitute Google+: https://plus.google.com/+Corporatefinanceinstitute-CFI YouTube: https://www.youtube.com/c/Corporatefinanceinstitute-CFI
Mining Valuation Course
 
09:17
This video recording represents a ten-minute segment of the Valuation of Mineral Projects webcast that was presented on the 11th, 12th and 13th of January 2010. For the complete webcast, including questions posed by the remote audience and the presenters responses click the link: http://www.edumine.com/webcastvideo/ValuationMineralProjects/. To learn more about EduMine, visit http://www.edumine.com.
Views: 3886 Edumine
3 Day MBA in Mining Company Valuation - Terrapinn Training
 
03:13
www.terrapinntraining.com Master mining company valuation techniques in just three days... Given recent and ongoing macro-economic change there has been increasing focus on the mining industry. The renewed excitement surrounding natural resources demands an appreciation for mining project evaluation. Valuing mining companies is a journey through geology, mining, mineral processing and the final marketing and pricing of a mineral commodity. In this course you will explore all the critical issues and challenges from a global perspective. Big ideas and fundamentals for mining professionals, bankers, fund managers, investors, advisors and suppliers: - Understand the fundamentals of mining company valuation from a global perspective - Gain an appreciation of different valuation methodologies - Discover practical valuation techniques and the key elements to look out for - Learn how to value mining companies and individual mining projects - Participate in case studies that can readily be applied for quick results in mining company and mining project valuations For more information, visit us at: www.terrapinntraining.com/training/3-day-mba-in-mining-company-valuation
Views: 528 TerrapinnTraining
Mining Industry Model
 
06:57
The purpose of this model is to convert assumptions about natural resources into a financial model, while valuing a mining asset (NPV and IRR) and assessing its cash flow profile.
Can Roger Montgomery value speculative mining companies?
 
08:32
Roger Montgomery reveals his quick and simple valuation formula for valuing speculative mining companies, offers his valuation of Tower Australia, sparks debate about what technology in the renewable energy will replace coal, reiterates his positive view of Cochlear to viewers of Nina Mays Your Money Your Call on the Sky Business Channel. Broadcast 17 December 2009 Visit http://www.rogermontgomery.com/ for Roger Montgomery's step-by-step guide to valuing a company
Views: 963 Roger Montgomery
How to Value Gold and Silver Mining Stocks Part 1.
 
28:57
How to Value Gold and Silver Mining Stocks Part 1 by Don Durrett
Views: 4131 Don Durrett
12 Hour MBA in Mining Company Valuation - Introduction
 
04:53
12 Hour MBA in Mining Company Valuation This is a comprehensive online training course designed to bridge knowledge gaps. It is most useful to those who work in mining but are new to mining company valuation, or to advisors, suppliers or investors needing to understand the basics of mining company valuation. In just 12 hours you will: - Understand the fundamentals of mining company valuation from a global perspective - Gain an understanding of key mining company valuation terminology, processes and techniques - Learn about the various methodologies - asset-based, earnings and cash flow-based, comparables-based and others - Find out how to calculate the value of individual mineral projects and various types of companies - Discover how to use financial modelling as a decision-making tool - Understand various risk factors and risk assessment For more information: http://www.terrapinntraining.com/training/12-Hour-MBA-in-Mining-Company-Valuation
Views: 555 TerrapinnTraining
Investing in Mining Companies: Good Management = Mining Success
 
05:40
The Most Important Factor in Mining Success are Management. Amanda van Dyke: Mining Analyst and Fund Manager comments. If you found this video useful please like it - unfortunately, we have some haters on our channel and need your support. When you'll seeing a company, what sort of questions do you ask? Which pitfalls should investors take into account when looking at gold miners? When you're looking them direct in the eyes its very difficult for them not to give you direct answers. I would prefer a CEO to have some finance experience than be a geologist per se'. You place great important on corporate governance. Please like this video if you have found it interesting/useful. Related Videos Part 1: Investing in Mining Stocks & Companies: Price, Location and Red Flags? https://www.youtube.com/watch?v=bKgXVowmURs Part 2: Investing in Mining: Why Some Mining Companies Succeed (and Why Some Fail) https://www.youtube.com/watch?v=tIJTx6jV2W8 Part 3: Investing in Mining Companies: Good Management = Mining Success https://www.youtube.com/watch?v=6-_0YLmVKz0
Views: 2302 UKspreadbetting
Reading Financial Statements of Mining Stocks (Part I)
 
05:00
See our full introductory course on investing in mining stocks: http://www.informedtrades.com/f434/ In this video, I go over the basics of interpreting financial statements for mining stocks. For a much richer look at this subject, see our collection of videos on Reading Financial Statements for Stock Selection. The basic points addressed in this video are as follows: 1. The purpose of reading financial statements is to help us identify the best and most promising companies; those with the best shot at having the most profits. Such companies have the most share price appreciation and thus benefit investors accordingly. 2. Financials should be viewed in a relative context; relative to other companies in the mining sector and companies of similar sizes. Because of this, when you are looking to make investments in mining stocks, you may wish to consider first creating a large data set or spreadsheet, and then narrowing down from there. 3. Google Finance is a tool I've found very useful in researching stocks listed on US and Canadian exchanges. Just type the name of the company in and you can see their financial data. We'll discuss using their scanning tool to find companies later in this series. Here are the terms noted in this video: Market Capitalization -- the market value of the company; how much it would cost to buy up all the shares. I like to think of $1 billion to $2 billion as the "sweet spot" where stocks have proven themselves a bit and have some committment from other investors but still have great upside potential. Below $500 million are the very high reward/high risk plays, and above 20 billion are often the "blue chip" mining stocks that are very stable and yield dividends. Market capitalization gives us an instant risk profile of companies. Current Ratio -- Current assets divided by current liabilities. This is a measure of how fiscally solvent the company is; a current ratio below one suggests a company that may have trouble sustaining operations. Especially for miners that are pre-production, ensuring they have enough capital to sustain operations is vital. For the really small companies with a market capitalization of $100 million or less, I like to see a current ratio of 8 and up. Debt to Asset Ratio -- This is related to current ratio, but it accounts for long-term debt and illiquid assets as well. If a company has lots of long-term debt, that can be a problem if it needs to secure more credit in the future, and it can make unappealing as an acquisition target. Price to Book Ratio -- Take market capitalization, and divide it by the Equity amount listed on the balance sheet and you get your price to book ratio. This is basically a measurement of how much the stock is trading relative to how much its assets (property rights, mining material, etc) are worth. I like to see price to book ratios of under 3 for companies with a market capitalization of over $1 billion. Sometimes, when there are big sell-offs, you can find price to book ratios of under 2 and sometimes even under 1 -- meaning the company is selling for below what it's assets are worth. Sometimes this is a signal as to there being a larger problem with the company, but it can often be a signal of mispricing as well if what caused the sell off was an extreme move driven by an irrational panic of some kind. 4. Lastly it is worth noting that being selective is very important for those looking to succeed in stock picking. The big winners are few and far between, and so using financial statement analysis to filter out stocks is a part of the game for many stock investors. Trade US gold stocks free for 60 days with TD Ameritrade, the broker used by InformedTrades co-founder David Waring: http://bit.ly/y5lsg2
Views: 9150 InformedTrades
FREE sample of 12 Hour MBA in Mining Company Valuation - Terrapinn Training
 
05:59
12 Hour MBA in Mining Company Valuation The 12 Hour MBA in Mining Company Valuation is a comprehensive online training course designed to bridge knowledge gaps. It is most useful to those who work in mining but are new to mining company valuation, or to advisors, suppliers or investors needing to understand the basics of mining company valuation. In just 12 hours you will: - Understand the fundamentals of mining company valuation from a global perspective - Gain an understanding of key mining company valuation terminology, processes and techniques - Learn about the various methodologies - asset-based, earnings and cash flow-based, comparables-based and others - Find out how to calculate the value of individual mineral projects and various types of companies - Discover how to use financial modelling as a decision-making tool - Understand various risk factors and risk assessment For more information: http://www.terrapinntraining.com/training/12-Hour-MBA-in-Mining-Company-Valuation
Views: 225 TerrapinnTraining
How to value a company
 
02:23
So, how do you work out how much a company is worth? There's an easy way....and a hard way, as this short video explains.
Views: 16506 paddy hirsch
F1F9 Webinar: How to correctly value mining projects.
 
01:05:36
The appropriate methodologies for valuing mining projects across the project development cycle.    In this 60 minute webinar, presented by two leading international mining experts you'll learn: •         What valuation approaches are appropriate at each stage of the Mineral Resource Development Cycle, from Exploration and Preliminary Economic Assessment through Feasibility and Operational life-cycle stages. •         When and how to apply prescribed approaches contained in the mining Valuation Codes (VALMIN, SAMVAL and CIMVAL) to produce compliant valuations. •         Which modelling techniques should be applied and when.  •         The required level of detail and accuracy and expected outcomes at each stage of the Development Cycle.  The webinar will be presented by: Carel de Jager, Chairman of Value Chain Excellence, a mining industry consultancy  Dennis Cowen, Associate Director, Mining at F1F9
Views: 2344 F1F9
How to value a mining company - 12 Hour MBA - Terrapinn Training
 
01:41
12 Hour MBA in Mining Company Valuation The 12 Hour MBA in Mining Company Valuation is a comprehensive online training course designed to bridge knowledge gaps. It is most useful to those who work in mining but are new to mining company valuation, or to advisors, suppliers or investors needing to understand the basics of mining company valuation. In just 12 hours you will: - Understand the fundamentals of mining company valuation from a global perspective - Gain an understanding of key mining company valuation terminology, processes and techniques - Learn about the various methodologies - asset-based, earnings and cash flow-based, comparables-based and others - Find out how to calculate the value of individual mineral projects and various types of companies - Discover how to use financial modelling as a decision-making tool - Understand various risk factors and risk assessment For more information: http://www.terrapinntraining.com/training/12-Hour-MBA-in-Mining-Company-Valuation
Views: 42 TerrapinnTraining
Enterprise Value vs Equity Value - Tutorial | Corporate Finance Institute
 
02:40
We explain the difference between enterprise value (firm value) and equity value, as well as the different valuation multiples used for each. This is part of our FREE corporate finance course: https://courses.corporatefinanceinstitute.com/courses/introduction-to-corporate-finance -- FREE COURSES & CERTIFICATES -- Enroll in our FREE online courses and earn industry-recognized certificates to advance your career: ► Introduction to Corporate Finance: https://courses.corporatefinanceinstitute.com/courses/introduction-to-corporate-finance ► Excel Crash Course: https://courses.corporatefinanceinstitute.com/courses/free-excel-crash-course-for-finance ► Accounting Fundamentals: https://courses.corporatefinanceinstitute.com/courses/learn-accounting-fundamentals-corporate-finance ► Reading Financial Statements: https://courses.corporatefinanceinstitute.com/courses/learn-to-read-financial-statements-free-course ► Fixed Income Fundamentals: https://courses.corporatefinanceinstitute.com/courses/introduction-to-fixed-income -- ABOUT CORPORATE FINANCE INSTITUTE -- CFI is a leading global provider of online financial modeling and valuation courses for financial analysts. Our programs and certifications have been delivered to thousands of individuals at the top universities, investment banks, accounting firms and operating companies in the world. By taking our courses you can expect to learn industry-leading best practices from professional Wall Street trainers. Our courses are extremely practical with step-by-step instructions to help you become a first class financial analyst. Explore CFI courses: https://courses.corporatefinanceinstitute.com/collections -- JOIN US ON SOCIAL MEDIA -- LinkedIn: https://www.linkedin.com/company/corporate-finance-institute-cfi- Facebook: https://www.facebook.com/corporatefinanceinstitute.cfi Instagram: https://www.instagram.com/corporatefinanceinstitute Google+: https://plus.google.com/+Corporatefinanceinstitute-CFI YouTube: https://www.youtube.com/c/Corporatefinanceinstitute-CFI
Developing a Mining Business
 
01:52
Dr. Phil Walsh, P.Geo, Associate Professor, Entrepreneurship and Strategy at the Ted Rogers School of Management, Ryerson University, talks about the challenges of developing a mining business, depending on the different physical aspects of global environments. To evaluate a potential mine site, businesses send a team of geotechnical engineers and geologists to the site to collect and evaluate geological data. The team's evaluation forms the basis of the proposal to develop that mine, which is presented to banks and investment capitalists to acquire financing. Produced by Digital Education Strategies at The G. Raymond Chang School of Continuing Education, Ryerson University. For more info: The Chang School: http://www.ryerson.ca/ce Digital Education Strategies: http://de.ryerson.ca © 2012 Ryerson University. All rights reserved.
Views: 4495 ChangSchool
How to Model a Mining Company
 
02:40
Here's how to make Excel models for a company in the mining sector.
Views: 232 Grillo Invest
HOW TO BUY STOCKS OF COPPER MINING COMPANIES
 
13:19
Copper mining stocks are extremely volatile and probably not for most of the stock market investing population. In this video I describe what to look at when investing in copper miners and copper stocks. What do I do? Full-time independent stock market analyst and researcher! STOCK MARKET RESEARCH PLATFORM (analysis, stocks to buy, model portfolio): https://sven-carlin-research-platform.teachable.com/p/stock-market-research-platform Check the comparative table on my Stock market research platform under curriculum preview! I am also a book author: Modern Value Investing book: https://amzn.to/2lvfH3t More at the Sven Carlin blog: https://svencarlin.com Stock market for modern value investors Facebook Group: https://www.facebook.com/groups/modernvalueinvesting/
Nolan Watson | Mining Management Must Be Countercyclical & Contrarian to Maximize Shareholder Value
 
31:06
Nolan Watson is the CEO and co-founder of Sandstorm Gold Royalties. Perhaps no mining executive in the gold mining sector has negotiated more streaming and royalty deals than Nolan. Before co-founding Sandstorm in 2008, Nolan was the Chief Financial Officer of Silver Wheaton, a multi-billion dollar public company where he helped develop the silver streaming business model and helped raise more than US$1 billion in debt and equity. In this interview, Nolan talks about the state of mining finance and how Sandstorm is uniquely positioned for significant growth in this changing environment. Sandstorm is a Mining Stock Education sponsor and trades on the Toronto Stock Exchange under the ticker symbol SSL and on the NYSE American under the ticker SAND. Visit https://sandstormgold.com/ to learn more about Sandstorm and to access the most recent investor presentation: https://sandstormgold.com/_resources/presentations/SSL-Presentation.pdf The cautionary note regarding forward-looking statements found within the investor presentation applies to the content of this interview. 0:05 Introduction of topic and guest 2:16 Nolan Watson’s background as a mining executive 3:29 How Sandstorm Gold Royalties generates revenue 4:52 Wisdom of the royalty/streaming model of business 6:53 Sandstorm’s IPO and subsequent explosive growth 8:22 How mining finance is different in now than ten years ago 9:28 Nolan’s response to mining CEO’s who don’t like royalty agreements 10:52 How Sandstorm has used the mining boom-bust cycle to position itself for significant growth 13:34 Free exploration upside can yield significant growth for royalty companies 15:47 Sandstorm’s due diligence process in vetting a potential project/company 18:42 Sandstorm’s appeal to a physical precious metals-only type investor 19:56 Investing in Sandstorm vs. putting one’s money in a gold mining hedge fund 22:37 If gold goes to $700/oz, what would happen to Sandstorm? 23:36 Sandstorm’s valuation vs. its peers 25:14 How Sandstorm will finance future growth 26:37 Sandstorm’s share structure 28:20 Nolan’s parting wisdom for mining investors Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 Sandstorm Gold Royalties is a Mining Stock Education sponsor therefore Mining Stock Education LLC has received compensation from Sandstorm. The content found on MiningStockEducation.com is for informational purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. It is based on opinions, SEC filings, current events, press releases and interviews but is not infallible. It may contain errors and MiningStockEducation.com offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on MiningStockEducation.com or our videos. We may hold equity positions in some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. MiningStockEducation.com may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on MiningStockEducation.com is to be used at your own risk. By reading MiningStockEducation.com, you agree to hold MiningStockEducation.com, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred.
Valuation and Discounted Cash Flow Analysis (DCF)
 
01:26:16
Here's a quick overview on Valuation. We also construct an entire discounted cash flow analysis on WalMart in conjunction with my book Financial Modeling and Valuation: A Practical Guide to Investment Banking and Private Equity http://www.amazon.com/Financial-Modeling-Valuation-Practical-Investment/dp/1118558766/ref=sr_1_8?ie=UTF8&qid=1422553204&sr=8-8&keywords=valuation
Views: 82704 Paul Pignataro
Financing Options In The Mining Industry
 
01:05:27
How do gold companies finance themselves? The global mining industry is very capital intensive and requires hundreds of millions to take a project from exploration to production. This means that companies must be good at raising capital to develop projects and create shareholder value. The four key sources of financing are; - Equity financing; common shares & flow-through shares - Internal funds - Debt financing - Alternative financing through royalty or streaming agreements Skip ahead to the mining stage that interests you; 9:25 - Exploration Stage 28:50 - Evaluation Stage 47:15 - Development Stage 58:40 - Production Stage In this video, I cover some important question related to the financial side of the mining industry. - How do junior exploration companies finance themselves? - What are royalty agreements? What is a Net smelter royalty? - What are streaming agreements? - What are the trade-offs between royalty and streaming agreements? - What is the capital pool company program and how has it helped the mining industry? - What are earn-in JVs and how can they help junior exploration companies? For more information on this topic, consider the book, “How Gold Companies Finance Themselves: Financing options at various stages of development and production.” You can buy the book on Amazon at the link below; https://www.amazon.com/How-Gold-Companies-Finance-Themselves/dp/098484905X If you have any other questions, please comment below. If you enjoyed the video and found it helpful, please like and subscribe to FinanceKid for more videos soon! For those who may be interested in finance and investing, I suggest you check out my Seeking Alpha profile where I write about the market and different investment opportunities. I conduct a full analysis on companies and countries while also commenting on relevant news stories. http://seekingalpha.com/author/robert-bezede/articles#regular_articles
Views: 1133 FinanceKid
How to Make Money In Mining - Nolan Watson of Sandstorm Gold Interview
 
13:19
GUEST: http://SandstormLTD.com VISIT US & get Full Transcript: http://futuremoneytrends.com/blog/?p=10561 Partial Transcript: FutureMoneyTrends.com: Thank you for joining us at FutureMoneyTrends.com. We're here with Nolan Watson, he's the CEO and founder of Sandstorm Gold and Sandstorms Metals & Energy. These are two very high quality junior resource stocks that are very unique because they're a lender for the resource sector. He actually previously worked for Silver Wheaton, which I know everyone will know. Nolan, thank you for joining us. Nolan Watson: Thank you. Thanks for having me. FutureMoneyTrends.com: Nolan let's start off. First of all, we're at the Casey Summit. You are on their NexTen list, this is a special list for people who are under 40, correct? Nolan Watson: Yes. FutureMoneyTrends.com: So you're under 40 years old, very successful, you've already made these guys a lot of money, and your company is unique, I don't think anyone else in there is a royalty company. So if you could just introduce people to what is the idea of a royalty company. Because most people when they buy a gold miner they buy these guys who are drilling holes and they're mining it. What do you guys do at Sandstorm Gold? Nolan Watson: Well at Sandstorm Gold we are what you would call a streaming and/or royalty company. So we have right now nine gold streams from mines around the world. The majority of those gold streams are in production. What a stream effectively is, is we'll give a mining company money on day one so they can go build their mine. What we get back in return is a contract that allows us to buy a certain percentage of their production at a fixed price per ounce and we go on and sell it at spot. So the contract might say something like: 'We get to buy fifteen percent of their production at 500 dollars an ounce and every time they give us an ounce we buy it at five hundred and sell it the same day for spot price'. And so we have this stream of cash flow coming back because we're buying and selling the gold from various mines around the world. And that's why we call ourselves a streaming company. But we also, we just actually closed the acquisition of a royalty company as well, so we now have 25, I believe, royalties around the world, and those royalties a number of them are paying cash flow as well. So it's a good place to be to have positive cash flow in this environment. FutureMoneyTrends.com: Yeah, how does it work when gold collapses the way it has, from 1900 down to 1200? How does that affect your agreements? Do you have something in there? What if the mining companies who you've loaned money to, they're not even profitable... How is their obligation then to you? How does that work? Nolan Watson: Yeah, so right now 84% of our production comes from assets that have cash costs in the 600 dollar range and all in sustaining costs when you include exploration and GNA and all those types of things in the sort of thousand to thousand fifty dollars an ounce. So, even in today's gold price, which has come all the way down to 1300 dollars an ounce, the vast majority of our partners are producing quite a bit of profit actually. And that's actually fundamentally what we're trying to do when we go and do these deals. We get calls every week from companies that we have to say no to because we know that they're going to be high cost operations. What we are looking for, what our technical teams are looking for, what our corporate development guys are looking for are what's going to be low cost producers. So that's what we focus on. FutureMoneyTrends.com: How about the capital markets in general for the junior resource sector? How are the mining companies doing as far as money and cash on hand. Nolan Watson: Generally speaking, they're doing terrible. It is absolutely brutal out there. There is almost no cash to be had, there's a number of mining companies trying to raise money that cannot raise money. There's been a record low number of financings, it's a record low amount of financing rates this year. It is very very dire circumstances. A lot of companies are going insolvent. Even this morning actually as I was walking through this conference here, I received an email from a bankruptcy firm that is putting various gold assets up for auction and wanting people to bid on insolvent gold mines. It's really really bad out there. Now having said that, I think there is positive signs for bottom-feeding investors who recognize that valuations are low, and right now there are deals to be had in the mining industry, it's just nobody wants to be first. They don't want to try to catch the falling knife.
Views: 9997 FutureMoneyTrends.com
NAV Model (Oil & Gas): Production Decline Curve
 
24:28
When you're valuing an E&P (Exploration & Production) company, the Net Asset Value (NAV) Model is the key methodology. By http://breakingintowallstreet.com/ "Financial Modeling Training And Career Resources For Aspiring Investment Bankers" UNLIKE in a DCF, where cash flow growth is assumed into infinity, in a NAV model you assume the company's cash flows go to $0 eventually as it completely produces all of its reserves and has nothing left. A granular NAV model is complex, but it comes down to a 2-step process: Step 1: Model the company's existing production from wells it already has... and assume a decline rate for the annual production each year, also assuming commodity prices to determine revenue, and linking operating expenses to production and calculating cash flow like that. Step 2: Assume the company drills new wells in its PUD (Proved Undeveloped), PROB (Probable), and POSS (Possible) reserves. The second step involves dozens of sub-steps and assumptions, but here we're just going to focus on ONE small part of this process: estimating the decline rate of a new well the company drills. It starts off at a very high production rate, but then declines quickly within even the first year of its useful life - and we need to estimate the decline rates each year to build the rest of the model. You COULD do lots of complicated math, try fitting hyperbolic or exponential functions, run a regression analysis, etc., but we suggest a much simpler approach here: if the company doesn't disclose data on its decline rates for individual wells, find data from another company operating in the same region and fit it to your company's "average" wells. How to Do That: Step 1: Find the company's key data, such as the EUR per well and IP rate per well in the region you're looking at. Step 2: Now, see if the company discloses data on its own decline rates... if so, you're set! If not, or if it's not enough, find another company operating in the region that discloses more data (EQT here), and go to that company's investor presentations to get the numbers. Step 3: In the first year, assume that production is some % of 365 * IP Rate per Well... because there is a huge drop-off in daily production from Month 1 to Month 12 in that first year. EQT's data shows 45%; we assume 60% here since UPL has a slightly flatter decline curve. Step 4: Copy and paste the other company's decline rates into each year of your decline curve. Step 5: Enter the correct formula for calculating annual production each year AFTER the initial year... here: =MIN(AU129*(1+AT130),$AT$126-SUM(AU$129:AU129)) Want to take either Last Year Production * (1 + Decline Rate) (the first part), or the total remaining reserves in this well (the second part). Step 6: Set up Subtotal / Remainder / Total math and ensure that everything is produced. Step 7: "Fit the data" using Goal Seek and the Factor - multiply each decline rate by a certain factor and use Goal Seek (Alt + A + W + G) to solve for the factor that makes the Subtotal equal to the EUR. Step 8: Build in support for a different EUR by scaling the production up or down in the "Total" column. Step 9: Allocate the production to oil vs. gas. vs. NGLs. Step 10: Complete the Subtotal / Remainder / Total math at the bottom. What Next? Next, we'd complete this process for all the wells the company drills in every region, estimate revenue, expenses, and cash flow for each one, and then aggregate the discounted cash flow values in every region across all reserve types... Which brings us closer to the implied NAV per share, which is what the NAV model is really all about. Stay tuned for more!
Valuation Methods - 4/7
 
12:41
A company whose principal activities consist of exploration for mineral, oil or gas may not progress to the next stage of development or to a stage where it is able to generate revenue. Other industry specific risks must also be considered. Coal Markets, Exploration and Production (5 February 2015) This seminar will provide an high level view on Coal Markets, Exploration and Production. What are the latest updates on the macro, regulatory and structural factors driving coal prices? How will this effect exploration and production activities for the different grades of coal? During these volatile times for energy prices, how should investors consider the risk and opportunities in coal? What are the fundamentals that investors need to know about to reduce risk and increase their gains? Speaker Alberto Migliucci CEO and FOUNDER of PETRA COMMODITIES Alberto Migliucci is a specialist in natural resources for M&A, capital raising (debt and equity), structured finance and lending and IPOs. He is a qualified geologist. Mr Migliucci has 25 years’ industry and finance experience within the mining, energy and oil & gas sectors. Mr Migliucci was former Managing Director and Head of Mining & Metals for Credit Suisse Investment Bank and the Head of South East Asia Oil & Gas / Energy (Global Energy Group) in Asia. He is an expert investment banker in the Asian mining and oil industry, having spearheaded many landmark natural resources transactions (over USD100 billion in transactions in the Asia – Pacific over the 15 years).
Views: 235 SGXChannel
Embassy Media - Congratulation to Danakali & Eritrean National Mining Corporation (ENAMCO)
 
02:50
Congratulation to Danakali & Eritrean National Mining Corporation (ENAMCO) London Stock Exchange today welcomes Danakali Limited (ASX: DNK / LSE: DNK) (Danakali), the potash company focused on the development of the Colluli Potash Project in Eritrea, to trading on the Main Market. Danakali shares will be admitted to the Standard Segment of the Official List of the Financial Conduct Authority, at 8am on Tuesday 24 July 2018, while remaining listed on the Australian Stock Exchange (ASX). We are delighted to be celebrating Danakali's entry to the London Stock Exchange. Our LSE listing provides us with additional access to sophisticated investors in London and internationally with a strong appetite for advanced stage development projects and a good understanding of both fertilizer companies and the African mining environment. Danakali presents an attractive investment opportunity through providing exposure to one of the most advanced and economically attractive SOP projects globally with a post-tax project valuation of US$902M and IRR of 29.9% for Modules I & II, expected first quartile operating costs, industry leading capital intensity, and an almost 200-year mine life."
Views: 9343 Eritrea EmbassyMedia
The Role of Exploration in a Large Mining Company
 
28:25
Tony Worth of First Quantum Minerals shares his thoughts on "The Role of Exploration in a Large Mining Company" at "Extracting Value from Exploration", an AIG W.A. Branch one day seminar held in Perth, 13th July 2015. The Australian Institute of Geoscientists represents Australian geoscientists employed in all sectors of the profession throughout Australia. The seminar at which this talk was presented is part of AIG's commitment to promote continued professional development by Australian geoscientists through convening high quality, topical and affordable seminars, talks, conferences and short courses.
NEWMONT MINING STOCK ANALYSIS - GOLD MINING STOCKS SERIES
 
13:36
NEWMONT MINING STOCK ANALYSIS. NYSE: NEM is one of the largest gold miners out there and a proper stock to start our gold miner analysis series on how to invest in gold miners, to find the perfect gold stock market portfolio hedge. Investing in gold and gold miners is a specific thing that I believe should make a small part of each portfolio. What do I do? Full-time independent stock market analyst and researcher! STOCK MARKET RESEARCH PLATFORM (analysis, stocks to buy, model portfolio): https://sven-carlin-research-platform.teachable.com/p/stock-market-research-platform Check the comparative table on my Stock market research platform under curriculum preview! I am also a book author: Modern Value Investing book: https://amzn.to/2lvfH3t More at the Sven Carlin blog: https://svencarlin.com Stock market for modern value investors Facebook Group: https://www.facebook.com/groups/modernvalueinvesting/
eCommerce Startup Valuation - Financial Modeling Tutorial | Corporate Finance Institute
 
28:48
eCommerce Startup Valuation - Financial Modelling Tutorial | Corporate Finance Institute This video tutorial is part of our Full Course "Startup / eCommerce Financial Model & Valuation": http://courses.corporatefinanceinstitute.com/courses/ecommerce-startup-financial-model-valuation Enroll today to earn industry-recognized certificates and advance your career! Master the art of building a financial model and valuing an eCommerce Startup. In this financial modeling course, you will learn to build a startup financial model from scratch complete with assumptions, financials, valuation, and output charts. We will look at how much money this business has to raise based on its business plan and model out each year of cash flow. -- FREE COURSES & CERTIFICATES -- Enroll in our FREE online courses and earn industry-recognized certificates to advance your career: ► Introduction to Corporate Finance: https://courses.corporatefinanceinstitute.com/courses/introduction-to-corporate-finance ► Excel Crash Course: https://courses.corporatefinanceinstitute.com/courses/free-excel-crash-course-for-finance ► Accounting Fundamentals: https://courses.corporatefinanceinstitute.com/courses/learn-accounting-fundamentals-corporate-finance ► Reading Financial Statements: https://courses.corporatefinanceinstitute.com/courses/learn-to-read-financial-statements-free-course ► Fixed Income Fundamentals: https://courses.corporatefinanceinstitute.com/courses/introduction-to-fixed-income -- ABOUT CORPORATE FINANCE INSTITUTE -- CFI is a leading global provider of online financial modeling and valuation courses for financial analysts. Our programs and certifications have been delivered to thousands of individuals at the top universities, investment banks, accounting firms and operating companies in the world. By taking our courses you can expect to learn industry-leading best practices from professional Wall Street trainers. Our courses are extremely practical with step-by-step instructions to help you become a first class financial analyst. Explore CFI courses: https://courses.corporatefinanceinstitute.com/collections -- JOIN US ON SOCIAL MEDIA -- LinkedIn: https://www.linkedin.com/company/corporate-finance-institute-cfi- Facebook: https://www.facebook.com/corporatefinanceinstitute.cfi Instagram: https://www.instagram.com/corporatefinanceinstitute Google+: https://plus.google.com/+Corporatefinanceinstitute-CFI YouTube: https://www.youtube.com/c/Corporatefinanceinstitute-CFI
Open-Pit Mining: Financial Model
 
14:47
Get this spreadsheet: http://www.smarthelping.com/2016/11/financial-model-for-open-pit-mining.html Explore all of smarthelping's financial models: http://www.smarthelping.com/p/excel.html There was a fair amount of research that went into gathering all the costs and dimensions needed to give potential miners an idea of the financial implications of running an open-pit operation. One of the more unique features of this financial model is the ability of the user to enter the % of a given ore they expect to have in each tonne of actual ore produced. This ranges from gold and silver to gravel and clay.
Views: 1834 smarthelping
Ask The Experts: How Mining Companies Deliver Value Despite Low Metal Prices
 
05:48
Catherine Raw, Co-Fund Manager of BGF World Mining Fund at BlackRock, shares her insights on mining companies and explain how they make a better investment compared to commodities prices.
Views: 287 FSMOne
Discounted Cash Flow (DCF) Formula - Tutorial | Corporate Finance Institute
 
04:16
Discounted Cash Flow (DCF) Formula - Tutorial | Corporate FInance Institute This tutorial is from our course "Introduction to Corporate Finance." Enroll in the full course to upgrade your skills: https://courses.corporatefinanceinstitute.com/courses/introduction-to-corporate-finance -- FREE COURSES & CERTIFICATES -- Enroll in our FREE online courses and earn industry-recognized certificates to advance your career: ► Introduction to Corporate Finance: https://courses.corporatefinanceinstitute.com/courses/introduction-to-corporate-finance ► Excel Crash Course: https://courses.corporatefinanceinstitute.com/courses/free-excel-crash-course-for-finance ► Accounting Fundamentals: https://courses.corporatefinanceinstitute.com/courses/learn-accounting-fundamentals-corporate-finance ► Reading Financial Statements: https://courses.corporatefinanceinstitute.com/courses/learn-to-read-financial-statements-free-course ► Fixed Income Fundamentals: https://courses.corporatefinanceinstitute.com/courses/introduction-to-fixed-income -- ABOUT CORPORATE FINANCE INSTITUTE -- CFI is a leading global provider of online financial modeling and valuation courses for financial analysts. Our programs and certifications have been delivered to thousands of individuals at the top universities, investment banks, accounting firms and operating companies in the world. By taking our courses you can expect to learn industry-leading best practices from professional Wall Street trainers. Our courses are extremely practical with step-by-step instructions to help you become a first class financial analyst. Explore CFI courses: https://courses.corporatefinanceinstitute.com/collections -- JOIN US ON SOCIAL MEDIA -- LinkedIn: https://www.linkedin.com/company/corporate-finance-institute-cfi- Facebook: https://www.facebook.com/corporatefinanceinstitute.cfi Instagram: https://www.instagram.com/corporatefinanceinstitute Google+: https://plus.google.com/+Corporatefinanceinstitute-CFI YouTube: https://www.youtube.com/c/Corporatefinanceinstitute-CFI
Mining 101 *SPECIAL EDITION*: What Is The Development Valuation Cycle?
 
06:58
Click here for FREE SAC Investor Pack: http://bit.ly/soamsilver Greg Johnson, President and C.E.O. of South American Silver, explains the development valuation cycle, and how silver companies gain value throughout the exploration process. This video shows investors that if they are able to identify high quality deposits early in the development cycle, they can make large profits. South American Silver Corp. is a growth focused mineral exploration company creating value through the exploration and development of the Malku Khota silver-indium-gallium project in Bolivia, one of the world's largest undeveloped silver, indium and gallium deposits, and the large-scale Escalones, copper-gold project in Chile. For More Information, Visit: http://www.SoAmSilver.com http://www.EvenKeelMedia.com
Views: 2587 Even Keel Media
How to Value Mining Equities - Garrett Goggin, CFA, CMT
 
16:09
Garrett D. Goggin has served as GSA Associate Editor since 2010. He began his financial career on the floor of the NYSE market working for a local brokerage as a clerk where he learned how investment transactions are processed. As Mr. Goggin saw much of the order flow was moving off-floor he joined a derivative arbitrage group in the United Kingdom and Ireland during the advent of electronic trading and the rise of the Eurex. Mr. Goggin next set up Vox Capital Investment Advisor in order to protect client assets from an overleveraged economy with a focus on alternative asset classes. Garrett acted as equity portfolio manager of the Babson College Fund as well as served as president of the Babson Investment Managers Association during his time as MBA student. Garrett is a CFA Charter holder (Chartered Financial Analyst) and a CMT (Certified Market Technician). He serves on the board of CFA Society South Florida as treasurer. Mr. Goggin holds MS and MBA business degrees in Finance from Babson College.​
Views: 352 CFA South Florida
Gwen Preston: Recipe for Success – Valuation and Exploration
 
05:53
Gwen Preston discusses the important variables for a successful junior mining company. She interviews Tom Meredith of West Red Lake Gold Mines as an example of a company that has the recipe for success.
Views: 1102 Metals Investor Forum
Nolan Watson Talks Mining Investing and Creating a Billion-Dollar Company
 
07:51
In this interview with SmallCapPower at Mines and Money London 2017, Nolan Watson, CEO of streaming company Sandstorm Gold Ltd. (TSX:SSL), discusses how he founded Sandstorm in his 20s and guided the Company to a billion-dollar valuation. In this interview he talks about why the streaming model is well-suited to the changing needs of the mining industry and outlines his investment criteria. Find out the one thing that he cautions investors to avoid by watching this video interview.
Views: 724 SmallCapPower
Introduction 1/6 - Robust Valuation of Minerals Projects
 
16:56
A company whose principal activities consist of exploration for mineral, oil or gas may not progress to the next stage of development or to a stage where it is able to generate revenue. Other industry specific risks must also be considered. Robust Valuation of Minerals Projects (16 September 2015) With recent market volatility, is it now time to take advantage and invest in a minerals company? First, sharpen your valuation skills to be more robust, to cater for all market conditions. Hear from Jeremy Peters, a mining consultant and valuation expert from Snowden Group on: • Valuation assumptions • Unique risks and opportunities • Margins • Using a Valuation Report: red flags According to its website, Snowden has completed over 12,000 projects in more than 60 countries. Speaker-Jeremy Peters (Principal Consultant –Snowden Group) Jeremy is a Mining Engineer and Geologist with some 24 years’ open pit and underground mining experience. Jeremy has significant exploration and mining experience to the level of Exploration Manager and Registered Mine Manager in iron ore, gold, base metals, nickel and industrial minerals in all states of Australia. He has undertaken exploration and consulted internationally in both mining and geology and is familiar with a variety of Reporting Codes. Jeremy is an advisor to major stock exchanges in relation to reporting codes and listing compliance. He is recognised as a Competent Person for estimation of Resources and Reserves for a variety of commodities and mining techniques and is Valuation Expert as defined by the VALMIN Code (2005).
Views: 588 SGXChannel
Coal Mining Valuation Course
 
09:24
This video recording represents a ten-minute segment of the Valuation of Coal Mining Projects webcast that was presented on the 2nd and 3rd of November, 2009. For the complete webcast, including questions posed by the remote audience and the presenters responses click the link: http://www.edumine.com/webcastvideo/coaleval/. To learn more about EduMine, visit http://www.edumine.com.
Views: 1683 Edumine
McKinsey: Principles of Gold Valuation
 
27:21
Ken Hoffman, Basic Materials Practise Expert, MineLens/McKinsey discusses how to manage volatility by understanding the underlying principles of gold valuation in a turbulent market.
Views: 98 Mines and Money
Discounted Cash Flow (DCF) Model
 
06:30
A Discounted Cash Flow (DCF) Model is used to value a business, project, or investment. It helps determine how much to pay for an acquisition and assess the impact of a strategic initiative.
"Current Share Structure and Valuation" Jordan Roy-Byrne and Brian Robertson of Mexican Gold Corp.
 
05:04
Jordan Roy-Byrne, The Daily Gold Premium and Brian Robertson, President and CEO of Mexican Gold Corp. sit down at the May 2018 Metals Investor Forum in Vancouver. ________________________________________________________________ The companies presenting at the Metals Investor Forum are as vetted as it gets – they have already cleared the high hurdle of earning the coverage from the newsletter writers’ as companies with excellent management teams, great financials and promising properties. All newsletter writers’ stress that the first quality on that list – excellent management – is essential to the success of a junior mining company. The problem is that it’s hard to assess management without being able to look them in the eye and ask the questions that matter to you. The Metals Investor Forum gives you that time. Subscribe to our channel to stay up to date on the latest insights moving the metals markets. For more breaking news, visit https://metalsinvestorforum.com Follow us on social media: Twitter - https://twitter.com/metalsinvestorf LinkedIn - https://ca.linkedin.com/company/metals-investor-forum Don’t forget to sign up for Metals Investor Forum’s Video Library: https://www.metalsinvestorforum.com/videos Stay connected by subscribing to Metals Investor Forum’s Newsletter: https://www.metalsinvestorforum.com/newsletter-subscribe
Core Gold CEO says mining company will double production per month by end of year
 
05:16
Core Gold Inc (TSXV: CGLD, OTCQX: CGLDF) CEO Keith Piggott tells Proactive Investors the Canadian based mining company is increasing production and expanding exploration at its projects in Ecuador. Piggot says the company is currently expanding mill capacity at its Dynasty Goldfield project in Ecuador, which began mining operations in December of 2016. Piggot says right now the mine is producing 2,000 oz/month of gold and by the end of the year will be producing 4,000 of gold per month. Piggot says the company is mining 6 of the 100 veins at the project, and can double production by mining at a day and night shift.
Business Valuations Lecture
 
01:37:07
This brief lecture is intended to help students prepare for the CPA Core 2 and CFE exams.
What's the Perfect Market Cap for Mining Companies (Exploration)
 
08:48
What's the Perfect Market Cap for Mining Companies (Exploration)? Hear what Nick @MiningBookGuy @TheNextBigRush and @Fi_Fighter have to say on what sort of market caps are interesting for exploration companies in the junior mining sector. Should you invest alongside Ross Beaty, Rick Rule, Frank Giustra and other heavyweights? Should you wait until a JV with Barrick, Goldcorp and Newmont? Or is it better to go in when the project is still unproven, and much cheaper as a result? Company mentioned: Orca Gold Follow me on: https://twitter.com/TheNextBigRush https://www.facebook.com/TheNextBigRush
Views: 258 The Next Big Rush
Business Valuation: EBITDA Multiple With Excel
 
12:50
Get the excel template: http://www.smarthelping.com/2016/09/excel-template-for-ebitda-multiple.html Explore all of smarthelping's financial models: http://www.smarthelping.com/p/excel.html There is a lot of subjectivity that goes into trying to come to a value for a business. This excel template has attempted to get to an enterprise value based on EBITDA. There are some cool features that have been added in to make it more user friendly and useful than you may see in a standard excel template for such a valuation method.
Views: 3192 smarthelping
1. Valuation Process 1/8
 
16:05
A company whose principal activities consist of exploration for mineral, oil or gas may not progress to the next stage of development or to a stage where it is able to generate revenue. Other industry specific risks must also be considered. "Reporting of Oil & Gas Resources and Reserves" (12 March 2013) One of the unique aspects of the Upstream Oil & Gas industry is the resources and reserves. What are these? What do investors need to know about reporting of oil & gas resources and reserves? Join our speaker Edward Jankowski of RPS Energy (RPS) as he shares his expertise on "Valuation of Oil & Gas Resources and Reserves". Edward has more than 30 years of experience in the industry. RPS is a global consultancy that helps clients develop natural energy resources across the complete asset life cycle, combining their technical and commercial skill with a wide knowledge of environmental issues. For a refresher on the Upstream Oil & Gas Industry, down load our Investor Guide at this link: http://www.sgx.com/wps/wcm/connect/29a795804a664d659f92ff56e17ffefa/An+Investor%27s+Guide+to+the+Upstream+Oil++Gas+Industry.pdf?MOD=AJPERES
Views: 5307 SGXChannel
Dave Kranzler | Mining Fund Manager Discusses Investing in Today's Junior Gold Market
 
50:21
In this Mining Stock Education interview, Dave Kranzler, editor of the Mining Stock Journal, comments on his current outlook for gold and the junior gold mining sector. Dave also shares regarding what he looks for in a late stage development company, his perspective on shorting mining stocks and how he hedges his fund’s mining stock portfolio. Specific companies discussed are Excelsior Mining, Tahoe Resources, and US Gold Corp. Dave also offers his thoughts on the electrical vehicle revolution, Tesla Motors and Elon Musk. Dave runs a mining stock fund out of Denver and is also the editor of the Short Seller’s Journal. His latest insights can be found on his website at InvestmentResearchDynamics.com. 0:05 Introductions of Topics and Guest 0:30 Dave’s thoughts on the current gold and junior gold mining sector 7:23 Why Dave recommended Excelsior Mining in his Mining Stock Journal 13:25 What Dave looks for in a late-stage development company 16:27 Discussing Tahoe Resources 24:44 Dave shares insights regarding shorting mining stocks and how to hedge a mining stock portfolio 33:48 Dave’s thoughts regarding the electrical vehicle revolution 38:51 Discussing Tesla Motors and Elon Musk 44:10 Discussing US Gold Corp 48:33 Information regarding Investment Research Dynamics Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 The content found on MiningStockEducation.com is for informational purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. It is based on opinions, SEC filings, current events, press releases and interviews but is not infallible. It may contain errors and MiningStockEducation.com offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on MiningStockEducation.com or our videos. We may hold equity positions in some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. MiningStockEducation.com may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on MiningStockEducation.com is to be used at your own risk. By reading MiningStockEducation.com, you agree to hold MiningStockEducation.com, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred.
Valuation Modeling
 
04:16
This brief video details how to value a business and summarizes the various valuation methods.
Progress Perspectives "Mining the Value of Emerging Manager Investing"
 
01:44
On November 24, 2014, Progress Investment Management Company held Progress Perspectives, a half-day event entitled "Mining the Value of Emerging Manager Investing," in New York City. Leading institutional investors, emerging managers, thought leaders, and prominent subject matter experts shared their insights, research findings and best practices associated with emerging manager investing and how to “mine the value” in a way that achieves success for all stakeholders. For more information, please visit us at www.progressinvestment.com.
Views: 66 PIMCompany
Why Choose the Mineral Valuation Specialists Experts?
 
02:01
Mineral asset evaluation and mining evaluation are jobs that call for the expertise of certified experts. That is why you cannot take your chances with just any company whose performance and proficiency are uncertain. Watch this to know more. or visit http://www.minvalspec.com/
Using the Ginzu Spreadsheet in Valuation
 
32:34
This is a webcast that leads you through the spreadsheet that I use to value most companies, called fcffsimpleginzu.xls. In keeping with my theme of connecting stories to numbers, I use Severstal, a Russian company, to illustrate how I constructed my story and then converted the story into numbers on the spreadsheet. Slides: http://www.stern.nyu.edu/~adamodar/pdfiles/blog/ginzuWebcast.pdf Severstal valuation: http://www.stern.nyu.edu/~adamodar/pc/blog/Severstal2017.xls Ginzu Spreadsheet: http://www.stern.nyu.edu/~adamodar/pc/fcffsimpleginzu2017.xls
Views: 13289 Aswath Damodaran

Jobs applications for 15 year olds in memphis tn
Cyberwire newsletter formats
Us department of state authentication cover letter
7 eleven employment application online
Essays writing service