Mining finance and valuations
Paton training will be running a mining finance and valuations programme on the 7 - 9 July.
The course will provide delegates with a thorough understanding of:
• Investment appraisal techniques.
• Equity valuation by discounting dividends.
• Costs of debt and costs of equity.
• Impact of tax and financial distress costs.
• Capital asset pricing model.
• Calculating beta and the risk premium.
• Measuring the required capex.
• Preparing the cash flows.
• Methodologies using EBIT, EBITA, EBITDA
• Alternative multiple-based valuation ratios.
• The valuation of flexibility.
• The option to defer.
• Valuing reserves in the ground using comparables.
• Using the option valuation methodology for mine expansion
• Practical financing issues
• Practical portfolio issues.
Who should attend
• Executives and managers.
• Professionals in all functions seeking to enhance their financial knowledge.
• Investment and commercial bankers (especially those with a single product specialisation
needing to understand alternatives).
• Equity and fixed income investment managers.
• Investment analysts.
• Credit analysts.
• Treasury managers and staff.
• Lawyers.
• Accountants.
• Company brokers and advisers.
Time: 08:00 - 16:30
Venue: 4th floor North Block, Hyde Park Corner, Jan Smuts Ave, Johannesburg, 2196, Johannesburg
