We had the great privilege of sitting down with John Macdonald, a legendary mining analyst.
In our conversation we delved into the conflicts of staying true to your views and not being swayed by outside pressures, the common tricks that companies get up to, how he spotted richly valued as well as promising businesses, what the real costs that investors should follow are and a whole heap more.
Enjoy the chat Money Miners!
Thank you to our Podcast Partners:
VRIFY – Transforming the way Mining companies communicate to 3D
https://vrify.com/
Email [email protected] (no e) for more information
InvestorHub – The go-to Digital Platform shaking up the Investor Relations industry
https://investorhub.com/
[email protected]
DSI Underground – Supplier of Ground Support Products to the Mining and Tunnelling industries
https://www.dsiunderground.com/
https://www.dsiunderground.com/contact
SMEC Power & Technology – Electrical guru’s for the Mining Industry
https://smecpt.com.au/
[email protected]
K-Drill – Safe, reliable, and productive surface RC drilling
https://www.k-drill.com.au/
[email protected]
McMahon Mining Title Services (MMTS) – Australia-wide tenement service experts
https://www.mmts.net.au/
https://www.mmts.net.au/#contact
Brooks Airways – Perth’s leading charter flight operators
https://www.brooksairways.com/
[email protected]
KCA Site Services – Underground Mining machine hire for IT’s, Normet’s, Trucks, and more
https://kcasiteservices.com.au/
[email protected]
Anytime Exploration Services – Exploration workers, equipment, core cutting/storage plus much more
https://www.anytimeexplorationservices.com/
[email protected]
——————————-
Buy your Money of Mine merch at https://bf3b61-2.myshopify.com/
FOLLOW US
Join our Money Miner Facebook Group:
– Facebook Group: https://tinyurl.com/yxhph4fw
Sign-up for our Weekly Newsletter:
– Hooteroo Herald: https://tinyurl.com/2ywx936s
Subscribe to our podcast wherever you listen to them:
– Spotify: https://sptfy.com/PRGW
– Apple: https://apple.co/3SoYpVZ
– Google Podcasts: https://tinyurl.com/4rm5wk6b
Follow us on all social platforms to stay up-to-date:
– Twitter: https://tinyurl.com/5a6ufw9c
– Instagram: https://tinyurl.com/2p9p4xpd
– LinkedIn: https://tinyurl.com/kvszkse3
– Facebook: https://tinyurl.com/yck4vx9p
We have personal Twitter accounts you can follow too:
– Matty: https://twitter.com/mattymikals
– JD: https://twitter.com/JDmoneyofmine
– Trav: https://twitter.com/TRAVmoneyofmine
——————————-
CHAPTERS
0:00:00 Introduction to John Macdonald
0:02:47 Charting to the next Extreme
0:09:58 Welcoming Johnny Mac on MoM
0:11:37 Some of the big calls (Perseus, Ramelius + Dacian)
0:22:56 The downfall of Sons of Gwalia
0:33:08 Banking commitments for Liontown
0:34:36 Reflection on being an Analyst
0:37:41 Using the CAIC (Corporate All-In cost)
0:45:36 Red flags in company reporting
0:47:49 How to assess management teams
0:52:21 The discount in valuation for African miners
0:59:14 Forecasting commodity prices
1:01:18 Any surprise with recent Lithium movement?
1:03:06 Gold vs base metals miners
1:04:41 Thoughts on M&A in the mining sector
——————————-
DISCLAIMER
All Money of Mine episodes are for informational purposes only and may contain forward-looking statements that may not eventuate. The co-hosts are not financial advisers and any views expressed are their opinion only. Please do your own research before making any investment decision or alternatively seek advice from a registered financial professional.