EXPLORATION

Minxcon, through its extensive experience in Feasibility Study cost estimations and Operational Management, is well equipped to conduct Asset Valuations.

The asset valuation process mainly consists of the following.

  • Assessment Site visits;
  • Conducting verification audits;
  • Obtaining current replacement values of assets;
  • Depreciating assets based on one of or a combination of the following:
    • Expected asset life (Predicted Asset Life minus Life in Operation);
    • Operational status and condition;
  • Estimating Asset Book Value;
  • Estimating fair market value of assets.

Asset valuations are mostly performed prior to or as part of the purchase or sale of assets.