Excerpt from Modern Mine Valuation
If one but compare the time and detail, the collection of and compilation from signed vouchers which lie behind the balance sheets of large commercial enter prises, with those forming the basis of mine valuations of similar magnitude, the impartial critic can hardly fail to be struck by the difference so often displayed, and the apparent regard for what, in the first instance, are habitually regarded as guiding principles. In other words, it is held that, while the true inwardness of a report, where the mine has reached the Company stage, can and should be set out on a single sheet of paper in fact, nearly as concisely as a balance sheet - yet the data forming the basis should be collected and vouched for at each successive step in a manner identical in principle with that obtaining in ordinary commercial valuations.
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Anbieter: Forgotten Books, London, Vereinigtes Königreich
Paperback. Zustand: New. Print on Demand. This book guides the reader through the process of mine valuation, making it clear that straightforward business principles are essential for accurate estimates. The author critiques the speculative excesses in the industry, suggesting that excessive speculation damages the reputation of mining and that greater certainty can reduce the risks. The text introduces valuable concepts including sinking fund tables and deferred annuities, making the material more accessible. Current practices are examined, such as the need for accurate data collection and graphical representation of sampled faces, and the author provides a closed traverse method for checking sample section measurements. It is argued that both external and internal factors affect the risk associated with mining investment, and that established mathematical approaches can be used to quantify this risk and arrive at a sound valuation. By providing a deeper understanding of the principles of valuation, this book aims to improve decision-making in the mining industry and ultimately to reduce the incidence of unwise investment. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Bestandsnummer des Verkäufers 9781334348044_0
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Anbieter: PBShop.store US, Wood Dale, IL, USA
PAP. Zustand: New. New Book. Shipped from UK. Established seller since 2000. Bestandsnummer des Verkäufers LW-9781334348044
Anbieter: PBShop.store UK, Fairford, GLOS, Vereinigtes Königreich
PAP. Zustand: New. New Book. Shipped from UK. Established seller since 2000. Bestandsnummer des Verkäufers LW-9781334348044
Anzahl: 15 verfügbar