Preliminary Economic Assessment
Effectively communicating the value of your first PEA requires more than just adding a slide to your presentation; it requires an overhaul of your entire company's value proposition. PEAs are a pivotal step, demonstrating that your team is committed to elevating your project. This is your chance to attract investors with lower-risk profiles and those who prioritize financial metrics alongside resource growth. The focus shifts from simply valuing drill results and 'ounces in the ground' to Net Present Value (NPV) and Internal Rate of Return (IRR).
VRIFY is a beneficial tool for mining companies during their Preliminary Economic Assessment phase, being that stage is typically focused on assessing economic viability through projecting revenues and showcasing cost estimates to stakeholders and potential investors. This stage's primary goals are to enhance understanding of economic potential, optimize financing opportunities, and improve investor relations.
Are we too early for VRIFY?
VRIFY offers complete, easy-to-use solutions for every step of your business journey. Whether you're just starting your business, getting ready to release your first big report, or even wrapping up your operations, VRIFY is here to help and make things easier. See more about our company stages here.
What data do you need?
With the initial build of your interactive content, a light lift from your technical team upfront will set you up for success with a timely turnaround on a quality deck. By taking the time to validate your data, use our templates, and adhere to our preferred formats, you’ll be saving time during the revisions process down the line. VRIFY will be here for you along the way to troubleshoot, provide export strategies, and make the data transfer process as painless as possible. For a detailed list of our data requirements, please visit our help centre: Sharing Data with VRIFY
How does VRIFY work alongside Investor Relations (IR) firms?
VRIFY is designed to streamline your investor relations, whether you are working with an IR firm or not, VRIFY can help you amplify your investor reach and engagement. Your IR firm can leverage VRIFY, to host engaging investor meetings and webinars that feature your VRIFY content, create impactful social media content and can use VRIFY to level up your company press releases.
How much of my own time will it take to get started with VRIFY?
In getting started with VRIFY, there will be a small upfront lift required from your team. This entails collaborating with VRIFY to storyboard how you envision your projects being showcased, facilitating VRIFY's access to your technical data, and participating in informative training sessions led by VRIFY to ensure you are up to speed on the full capabilities of the platform.
Can't I just keep using regular slides for my presentations?
In 1987 the first episode of The Simpsons aired, the same year powerpoint was released. While you may still be relying on traditional slide decks for your presentations for the past 36 years, times have undeniably changed, and so have the expectations of investors. It's time to meet investors where they are —in the 21st Century.