Net present value can lead to substantial valuation errors, particularly for long-term investments which are typical for large infrastructure projects.
Almost everybody in mining that I talk to has an adverse opinion about the recent Canada Supreme Court ruling that the Crown has a duty to obtain First Nations or Aboriginal consent before mining on claimed land. Opinions include: “Why invest in potential new mines in BC? The natives will oppose—forever as far as investing […]
I have not posted on this blog the past few days. The reason: I was at a fly-in, fly-out camp where the internet connection is sporadic and they do not make it easy to access spurious blogs.
