MINING | DUNDEE GOODMAN MERCHANT PARTNERS
been taken. It is getting more
your buck. We’ve seen a lot
by mining companies with
difficult and we are being
of companies over the years
regards to their investment
much more discerning.
have a decent asset but have
environment. So what would
blown the capital structure up
be your advice to investors
I think the publicly available
doing financings at pennies
looking to take advantage of
information for us is very
over the last 10 years, which
the current bull market?
much a screening tool. We are
has killed them. So we’re
looking for good management,
trying to avoid those even if we
RD: 10 years ago it was all
jurisdiction and good grades.
recognise a good asset. We’re
about showing more ounces
One factor I didn’t mention but
trying to focus on tight capital
because the market valued
is very important is the capital
structure, which signals good
ounces. Certain companies
structure of a company. If you
management typically.
were optimising their projects
can get into a company with
for scale with stars in their
a relatively low share count,
JAW: You mention some of
eyes when thinking about
you have so much bang for
the mistakes of the past made
where metals prices could
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