COMMODITY STREAMING NOLAN WATSON Timeline to Production Success of - - PowerPoint PPT Presentation

▶

Feb 22, 2023 132 likes •321 views

COMMODITY STREAMING NOLAN WATSON Timeline to Production Success of Anticipated Production 78% ANTICIPATED PRODUCTION 22% START DELAYED FIRST YEAR ON TIME Timeline to Production Success of Anticipated Production 78% 22% ACTUAL

SLIDE 1

NOLAN WATSON

COMMODITY STREAMING

SLIDE 2

SLIDE 3

START ON TIME DELAYED

Timeline to Production

78%

22%

FIRST YEAR

ANTICIPATED PRODUCTION

Success of Anticipated Production

SLIDE 4

DELAYED

Timeline to Production Success of Anticipated Production

78%

22%

FIRST YEAR

ACTUAL PRODUCTION

START ON TIME

SLIDE 5

DELAYED

Timeline to Production Success of Anticipated Production

78%

22%

FIRST YEAR

MISSING PRODUCTION

START ON TIME

ACTUAL PRODUCTION

SLIDE 6

“Don’t take capital from people whose incentives are not aligned with yours.”

SLIDE 7

Level Of Debt (%debt/mc)

RETURN

3.7% –32.0%

10%

Between 10% – 20% Greater than 20% High Low

SLIDE 8

TIME STOCK PRICE

Debt fi nan c in g

SLIDE 9

TIME STOCK PRICE

E qu ity f i nancing Debt fi nan c in g

SLIDE 10

LUNDIN MINING

GLENCORE INTERNA

AG

GOLDCORP

EUROPEAN GOLDFIELDS

MERCATOR MINERALS

FARALLON RESOURCES

FNX MINING

FIRST URANIUM CORP.

LUNA GOLD

SILVERCREST

RAMBLER METALS

BRIGUS GOLD

NOVADX VENTURES

METANOR RESOURCES DONNER METALS

THUNDERBIRD ENERGY

COLOSSUS MINERALS

Combined Market Cap of Streaming Companies

2004 $0

SLIDE 11

LUNDIN MINING

GLENCORE INTERNA

AG

GOLDCORP

EUROPEAN GOLDFIELDS

MERCATOR MINERALS

FARALLON RESOURCES

FNX MINING

FIRST URANIUM CORP.

LUNA GOLD

SILVERCREST

RAMBLER METALS

BRIGUS GOLD

NOVADX VENTURES

METANOR RESOURCES DONNER METALS

THUNDERBIRD ENERGY

COLOSSUS MINERALS

Combined Market Cap of Streaming Companies

2012 $27 BILLION

SLIDE 12

LUNDIN MINING

GLENCORE INTERNA

AG

GOLDCORP

EUROPEAN GOLDFIELDS

MERCATOR MINERALS

FARALLON RESOURCES

FNX MINING

FIRST URANIUM CORP.

LUNA GOLD

SILVERCREST

RAMBLER METALS

BRIGUS GOLD

NOVADX VENTURES

METANOR RESOURCES DONNER METALS

THUNDERBIRD ENERGY

COLOSSUS MINERALS

Combined Market Cap of Streaming Companies

SLIDE 13

Benefits of Streaming

LESS

DILUTIVE

THAN EQUITY

LESS

RISKY

THAN DEBT

SLIDE 14

TIME STOCK PRICE

Stre a m fi nancing E qu ity f i nancing Debt fi nan c in g

SLIDE 15

TIME STOCK PRICE

Stre a m fi nancing E qu ity f i nancing Debt fi nan c in g

SLIDE 16

S T R E A M I N G

E Q U I T Y D E B T

“Becoming All Things to All People”

SLIDE 17