Mine
topic on 4 shows · 5 statements across 4 episodes
the Knowledge Project 
No Priors 
Sourcery 
Catalyst
5 statements about Mine, every show
Goldman: Forecasting mine production 20 years out is easier than SaaS sales
“It is much easier to know what a mine is going to produce 20 years from now than it is to know what a SaaS company's sales volume is going to be 20 years from now and how it's going to be priced, right?”
Goldman: Mines underwritten for 20 years often operate for 50-70 years
“You underwrite an investment based on the first 20 years, and then actually many of these mines operate for decades, especially many decades longer, 50, 6070 years, because the resource keeps going, and you can keep adding to it as you go.”
Jaffe: Chemical factories and mines take at least five years to build
“You don't build a chemical factory in two years, in three years. You are lucky to do it in five years. You're lucky to build a mine in five years.”
Gilchrist: Very Few Junior Mining Exploration Projects Ever Become Operational Mines
“Whether it's exploration, and we're not exploration guys, we're not, we look for assets that are ready to, or close to being developed as mines, and when you look at that whole sphere, that whole world, there's very few projects that are ever going to be mines…”