I am new to ASF and resource stocks but not new to investment or finance in general. I recently passed my cfa level 2 exam so i know a little about financial analysis.
I would like to learn more about how to value resource stocks particularly explorers.
I know there is probabally different methods for diferent resources but in terms of direct cashflow forecast analysis - i.e not comparitive or multiple based approaches. What are somethings commonly used i should learn about?
I have heard about deposit sizes in oz's and about mineral density per tonne and cost per oz to extract and so on but what sort of metrics are commonly used.
Perhaps we could use AZM as a case study? Since I am looking at gold atmo.
Alternatively are thier any posts that cover the basics I could read - (i tried searchwing with no luck) or websites I could read?
cheers all and good to be here