• Increase font size
  • Default font size
  • Decrease font size

The reports and comments on this site are currently written by Keith Goode.

ERA’s reports mainly cover precious and base metals companies where anyone can see what the price of the product is, with the majority being gold companies, followed by nickel companies.

The reports are paid for by the company concerned and email distributed free. However, we only do them if we like the management (70%), project (20%) and country (10%) for which you need about 90% in each category.

Sites are visited in order to write a report, and typically a week is spent with a company and then it is written up in the following 2 to 3 weeks, with excel modeling where required slowing the report's timing. Report sizes are typically 6 to 12 pages.

Jun 2016 - Gold and Lithium

2016 - The year of Gold and Lithium

The theme of the conferences and behaviour of the stocks so far this year has clearly been focused on gold and lithium. While it was still doom and gloom in January, the revival of the gold price and its reluctance to fall below US$1050/oz (as predicted at the Tianjin conference in October 2015) caused many speculators to realise that no, gold was not going to meet many expectations of a fall through US$1000/oz to US$800/oz.

May 2016 - WIMnet's Mentoring

What is WIMnet's Mentoring Programme?

On Friday 6 May 2016, I with Chris Sabin (from the Sydney Mining Club) attended what I thought was a Wimnet launch at Ernst  & Young's offices in Sydney. Our attendance came about from my sitting next to Fiona Robertson (who I knew as the former CFO of Delta Gold just a few years' ago [20?]) at a Sydney Mining Club lunch the day before, and Chris said to me (with Fiona there), "I assume you are going to the launch tomorrow ?".

Dec 2015 - Geoparks & Green...

Geoparks and Green Mines

You may not have heard of a geopark, because despite Australia's geological historical potential for them, Australia does not have any, probably because one of the key criteria to qualify is government funding.  Australia apparently tried to have one but UNESCO disqualified it for failing to meet requirements (probably government funding), and one of Italy's 9 geoparks was recently yellow carded for having lost government support.

Nov 2015 - One Belt One Road

OBOR (One Belt One Road) but not in China's GDP.

While the western world presenters at China Mining's October 2015 conference in Tianjin focused on standard supply and demand forces holding back commodity prices, the Chinese presenters focused on the new normal (of lower commodity prices) and OBOR (One belt one road).