Two new podcast episodes are now available!
One of the main non-technical challenges in mineral exploration is getting investment. Overwhelmingly, companies seem to favour becoming a publicly listed company on a stock exchange to raise funds. The challenge there is how to effectively engage a largely uninformed investor base and retain them over the long term. Maybe we would be better off with a private funding model for early stage exploration – similar to venture capital firms funding startups. Irrespective of how we get funding, we need to remember to run exploration like a business.
Tony Manini is the Co-Founder and Executive Director of a private equity firm called EMR Capital.
We often suffer from a time lag between acquiring data and using it to make a decision. If only we could get the data quicker, we would be so much better at what we do. Maybe this explains our obsession in developing technology that provides us data in real time. But we are forgetting something. It is not about getting the data quicker, it is about being able to make better decisions faster. Like the petroleum industry, we want real time “answer products” – not just real time data.
In this episode, we are joined by Michelle Carey from IMDEX and Marcus Lake from Olympus, two companies that are at the forefront of developing technology to assist with real time decision making.
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