Katusa Research Cracking the Code of Gold Buyouts
Key #1 Big Enough to Move the Needle: Big miners are only interested in significant deposits that can make it worth their time to acquire and develop.
Key #2: Ability to Grow: Big miners aren’t just looking for mines with sizable current gold production. It’s expensive and time consuming to move people and equipment around the world. That’s why a big miner wants to acquire properties it can mine that also have the potential to yield new gold discoveries.
Key #3: Low Costs, High Margins: Big miners want to buy deposits with good economics. Enough said.
Key #4: Short Payback Period: Big miners want to see their investment get paid back in a relatively short amount of time, like less than five years.
Key #5: Simple Gold Recovery: In the mining world, as in life, simple is always better. The more complicated a project’s geology is, the, the more difficult it will be to extract gold from the ore, the more it will cost to mine it, and the lower your profits will be.
Key #6: Excellent Mine Safety Record: An underrated and rarely discussed – but very important – quality a gold mine needs to have to be a buyout candidate is a good mine safely record.
My question? I think I can check all the points on Victoria´s bucketlist, can´t I?