jsr Posted April 4, 2011 Report Share Posted April 4, 2011 I have been working on an advanced Excel mining valuation model. I have an odd interest in these quantitative financial things, probably because I am not particularly fond of the TV. Anyhow, I wanted to refine it, and was hoping for some guidance from those who really know how to put a financial statement together, and know what can be offset against what. I find a a company may sound like it's a great story, and give all the 'IR talk', but it's not until you work with the numbers (capex, cashflow, costs, debt, warrants, reserves etc...) and project the future growth does it really become apparent what you are buying. This can be very time consuming, especially if you want to throw in a load of different variables. More often than not, it's the boring stuff which I find really takes off, where I suspect many investors have overlooked as it failed to excite. Nonetheless, the numbers work very well. The end result should give us a model which will separate the wheat from the chaff ... the one which will turn into a cash machine, verses the one which will turn into a cash furnace. Link to comment Share on other sites More sharing options...
This topic is now archived and is closed to further replies.