Comparing potential mining-property acquisitions means holding several moving parts together at once — projected value, how it is paid for in shares, milestone bonuses along the way, and net smelter return royalties that ride on future production.
The problemDone in ad-hoc spreadsheets, each comparison is built slightly differently, assumptions are hard to see, and two deals end up evaluated on subtly different terms. That makes it hard to trust a side-by-side and easy to miss what actually drives the difference.
What we did
- 01 A consistent valuation model
NPV and share-based valuations computed the same way across deals, so comparisons are like-for-like instead of spreadsheet-by-spreadsheet.
- 02 Deal structure built in
Milestone bonuses and NSR royalties modeled as first-class parts of a deal, since they often decide which acquisition is actually better.
- 03 Comparison as the point
A tool oriented around putting candidate acquisitions next to each other on shared assumptions, rather than valuing one deal in isolation.