By Tshepo Magagane, Executive Director – Pangaea Advisory / Partner – The Critical Minerals Fund Kobold – people who balk at the USD3bn valuation. I wrote about the fact that investors are only willing to pay USD0.05 for every USD1 generated by Mining Companies v Tech Companies (even Argentina’s bonds have never traded that low) […]
Kobold, Is The Valuation All About AI (ie An AI premium?)
Tshepo Magagane: Executive Director – Pangaea Advisory Group / Partner – The Critical Minerals Fund Maybe at the margins re: having someone like Connie Chan being able to block time out and fly out to Africa then to minesite is an achievement beyond parallel (even AI start-ups in the US will struggle to get a […]
Kobold – How Do You Get To The Valuation?
Tshepo Magagane: Executive Director – Pangaea Advisory Group / Partner – The Critical Minerals Fund Mining valuation is a bit tricky but understand that you are always looking at what they call Net Present Value or Net Asset Value = Discounted Cash Flow over Life of Mine. 1. Mingomba – this is a defined deposit […]
Beyond The First Step
Credit to: Chabala Sunkutu – Senior Analyst Pangaea Securities It is a well-known conundrum that Zambia’s economy is heavily dependent on copper production and export. Once a middle-income country, Zambia has been sliding towards poverty since the 70s when copper prices declined on the world market. Albeit, current high prices of copper on the international […]