Financings

Scott Wilson provides independent technical advice to banks, mining companies and governments to support decisions for financings, listing on stock exchanges, and mergers and acquisitions.

Scott Wilson Mining Group has carried out valuations and independent assessments of hundreds of mineral properties situated in most worldwide geological environments

Scott Wilson acts as independent engineers on bank financing of mining projects.  In this role we work cooperatively with, and in support of, the project sponsor’s design and engineering team and provide the project lenders with independent review and opinion on the project as it advances to completion and start-up.

Scott Wilson provides Qualified Person assessments for securities exchange listings, initial public offerings (IPOs), and reporting requirements for most mineral commodities.  A Qualified Person (or Competent Person, depending on the jurisdiction) is a regulated professional who brings the application of professional standards and responsibility into the technical reports for public disclosure. Typically these assessments are in the form of National Instrument 43-101 Technical Reports under Canadian securities law or Competent Persons Reports under UK securities law.

Scott Wilson performs independent technical due diligence reviews in support of mergers and acquisitions and debt and equity financings.  Our due diligence reports provide opinions on the technical aspects of the target mining project including the overall project design and performance forecasts as well as specific discussion of key project characteristics.  Due diligence reviews examine the project’s mineral resources and mineral reserves, mining development plan and processing performance forecasts, capital and operating costs, environmental and social impact management programmes, associated infrastructure, and regulatory permitting status.  Overall project performance forecasts are reviewed and compared and contrasted with similar operations.

Scott Wilson provides independent valuations of mineral properties from the early exploration stage through to producing mine properties.  Independent valuations of mineral properties may be needed for sale or purchase, regulatory requirements for listings or agreements, initial public offerings, mergers and acquisitions, non-arms-length transactions, due diligence, tax purposes, litigation, insurance purposes, and compensation for expropriated properties. 

We value mineral properties using at least one of the standard approaches of income, market and cost.  The income approach (cash flow analysis) is used on advanced and production properties where technical parameters and cost estimates are sufficiently reliable.  For less advanced projects, such as exploration and resource properties, comparable market transactions and the appraised value method (a cost approach) are used.  We maintain an extensive database of mineral property transactions to use as comparables to value the subject property.