As metal prices have weakened and difficult market conditions seen at the end of 2023 continue into 2024, the number of distressed assets, or companies needing finance will likely increase. Due diligence on these assets remains an important component for any deal and the real question is are you asking the right questions?
This Panel will discuss some of the key considerations which should form part of any Due Diligence. The discussion will highlight a number of key technical flaws from exploration through mining to tailings and closure considerations and economic considerations from Financial Risk, to Capex and Opex estimation. Through the Panelists’ insight into a variety of global projects at various stages this provides a unique perspective on what to look for, what questions to ask, how to identify “red flag” items as early as possible, and when to dive deep in order to assess a project’s technical risk.
