5.Roderick Eggert_Exploration and Development.pdf
5.Roderick Eggert_Exploration and Development.pdf
5.Roderick Eggert_Exploration and Development.pdf
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General Points<br />
‣ Sources of finance<br />
• Internal funds<br />
• Equity<br />
• Debt<br />
‣ Most mineral exploration<br />
• Internal funds (companies with operating mines)<br />
• Equity (junior exploration companies)<br />
‣ Most mine development<br />
• mix of equity <strong>and</strong> debt<br />
Roderick G. <strong>Eggert</strong>, May 26, 2010 18