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Conference Proceedings

MINVAL 89, Mining and Petroleum Valuation 1989, Sydney September 1989

Conference Proceedings

MINVAL 89, Mining and Petroleum Valuation 1989, Sydney September 1989

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Session No. 2 Mining and Petroleum Valuation Perspectives

Welcome to the morning of the second day of Minval '89. There are some three hundred and
fifty of us here today. That represents certainly the most influential gathering of the mining
and investment community in Sydney for a very long time, and on behalf of the Institute I bid
you all a very great welcome. Due to the pilots' strike some of you have arrived by very unusual
methods and others have travelled long distances. So for those of you that have made a
special effort, thank you very much. Inevitably some people have not been able to get to
Sydney and this has led to some minor programme changes. I'd like to thank our sponsors. Our underwriting sponsors are Energy Resources of Australia,
Neil Cole & Associates, Resource Finance Corporation and Robertson Australia Limited, and
to those firms thank you very much. To our major sponsors, County NatWest, I would like to
say a particular thank you. County is the lead sponsor for Minval '89. They've :made an
important contribution to the programme, and we're indebted to them for this support. We
look forward to County's continuing involvement in the programme today. County NatWest is
a major participant in the Australian equities markets and a growing merchant banking
organisation in this country. It's parent organisation, National Westminster Bank, isa leading
UK domiciled bank which is also active in Australia. This session is the Pancontinental Mining
Ltd sponsored session, and I'd like to record the gratitude of the Australasian Institute of
Mining and Metallurgy to Pancontinental for its generosity in sponsoring the session. This morning's session focuses on valuation and follows on from yesterday's proceedings
which looked particularly at the impact of NCSC draft Policy Release Number 149. Robert de
Crespigny, who was to have been the Chairman of this morning's session, has had some
special problems with the pilots' strike.So we have the privilage to have in his stead Michael
Sharwood.
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  • Published: 1988
  • PDF Size: 0.029 Mb.
  • Unique ID: P198908009

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