Feb. 15, 2024

Legendary Mining Analyst John Macdonald on Spotting Companies Tricks & Calling it how it is

We had the great privilege of sitting down with John Macdonald, a legendary mining analyst.

We delved into the conflicts of staying true to your views and not being swayed by outside pressures, the common tricks that companies get up to, how he spotted richly valued as well as promising businesses, what the real costs that investors should follow are and a whole heap more.


All Money of Mine episodes are for informational purposes only and may contain forward-looking statements that may not eventuate. The co-hosts are not financial advisers and any views expressed are their opinion only. Please do your own research before making any investment decision or alternatively seek advice from a registered financial professional.

 

Podcast Partners:

 

VRIFY – Transforming the way Mining companies communicate to 3D

Email grant@vrify.com (no e) for more information

 

InvestorHub – The go-to Digital Platform shaking up the Investor Relations industry

Email rhori@investorhub.com for more information

 

DSI Underground - Supplier of Ground Support Products to the Mining and Tunnelling industries

https://www.dsiunderground.com/contact

 

SMEC Power & Technology – Electrical Guru’s for the Mining Industry

sales@smelectrical.com.au

 

McMahon Mining Title Services (MMTS) – Australia-wide tenement service experts

https://www.mmts.net.au/#contact

 

Anytime Exploration Services – Exploration workers, equipment, core cutting/storage + much more

seamus@anytimees.com

 

KCA Site Services – Underground mining machine hire for IT’s, normet’s, trucks and more

admin@kcasiteservices.com.au

 

Brooks Airways – Perth’s leading charter flight operators

ops@brooksairways.com

 

K-Drill – Safe, reliable, and productive surface RC drilling 

ryan@k-drill.com.au

 

Buy your Money of Mine MERCH here

 

Join our exclusive Facebook Group for the Money Miners and request access to the Hooteroo chat group.

 

Subscribe to our weekly newsletter HOOTEROO HERALD



TIMESTAMPS

(0:00:00)Introduction

(0:02:47)Charting to the next Extreme

(0:09:58)Welcoming Johnny Mac on MoM

(0:11:37)Some of the big calls (Perseus, Ramelius + Dacian)

(0:22:56)The downfall of Sons of Gwalia 

(0:33:08)Banking commitments for Liontown

(0:34:36)Reflection on being an Analyst

(0:37:41)Using the CAIC (Corporate All-In cost)

(0:45:36)Red flags in company reporting

(0:47:49)How to assess management teams

(0:52:21)The discount in valuation for African miners

(0:59:14)Forecasting commodity prices

(1:01:18)Any surprise with recent Lithium movement?

(1:03:06)Gold vs base metals miners