EdisonTV: Gold stars and black holes

Published on 23 January 2019

In keeping with recent tradition, Edison has conducted, augmented and added to three major analyses in this report. The first is to derive in-situ vales for 19 metals and minerals, listed across three markets, differentiated by resource category. The second is a study of EV/NPV ratios for junior explorers at PEA, PFS and BFS stages of development. The third is a series of multiple regression analyses used to both corroborate our in-situ valuations and to derive specific empirical equations to predict the valuations of junior mining exploration companies with respect to five factors, namely project location, IRR, NPV, discount rate and stage of development. In this interview, the author, Charlie Gibson, talks about the report in general terms and some of its high-level findings.

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