A $200M mining strategy conundrum (MiningNewsPremium.net)
- By: John P Sykes
Posted in: Blog, Exploration, Mineral Economics, Mining, Publications, Recommended
Today I have co-authored another Strictly Boardroom column, with Allan Trench, on MiningNewsPremium.net. We pose a theoretical investment decision dilemma that is faced frequently in the reality of the mining industry. As a decent, single-asset mining company, what is your next strategic move – to sell up to a larger company, invest heavily in an exploration programme, or acquire another lower quality asset at a knock down rate? All strategies seem to have the same economic value, so which do you opt for and why?
The article is entitled “A $200M mining strategy conundrum” and is available to subscribers of MiningNewsPremium.net.