Why the exploration funding model is broken (Ahmad Saleem Interview)
We had the delight of interviewing Ahmad Saleem on everything exploration.
Ahmad is a master of many trades. He’s a geologist, he’s started numerous businesses and has worked in private equity amongst many roles.
We spoke about whether the juniors funding model, what filters to use for explorers, red flags, what discovery means and plenty more.
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.
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Chapters:
(0:00:00) Introduction
(0:03:56) Is exploration funding broken?
(0:13:16) Permitting and approvals
(0:14:42) Why do most discoveries come from juniors?
(0:19:30) Which producers have done exploration well?
(0:23:12) Filtering good exploration companies from bad
(0:31:15) Do juniors overstay their welcome?
(0:34:09) Red Flags
(0:37:26) Successful companies from good geology
(0:41:36) Bullshit detection
(0:55:08) What does a "discovery" mean?
(1:02:24) Getting up the curve with new commodities
(1:04:07) New trend of "Exploration Targets"
(1:09:03) Should Private Equity be in mining?
(1:22:01) If you see McKinsey… RED FLAG
(1:24:51) Something that needs to LIVE in the Mining Industry
(1:31:10) Something in the Mining Industry that NEEDS TO GO
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