The primary objective of natural resource production by
private companies is to make a profit. In many cases a financial analysis of
proposed projects by Lookout Mountain Analysis (LMA) helps identify areas of
notable economic, environmental, or socioeconomic risks. Early identification of
these risks means that concerned parties can most effectively work with
officials and agencies overseeing projects to help mitigate risks.
Key Benefits
Early Project Viability Assessment.
Incorporation of Risk Mitigation Policies Possible at Start of Project.
Possible Early Identification of Excessive Project Risks that Cannot and
Will not be Mitigated.
Mirrors the Same Financial Techniques Used by Energy and Mineral Project
Sponsors.
Capabilities
Lookout Mountain Analysis and Dr. Goerold specialize in the financial
evaluation of natural resource projects.
Education
Dr. Thomas Goerold earned a Ph.D. in Mineral Economics, a field of
economics that deals only with natural resource issues. He also holds an
M.S. in Economic Geology.
Work Experience on Many Commodities
LMA has issued reports that use project financial analysis on proposed and
actual projects that would produce coal, oil, natural gas, synthetic fuels,
gold, silver, lead, copper, hydropower, and many other commodities.
Work Experience on Many Scales
Projects analyzed by Dr. Goerold for financial viability and risks range
from a coal mine with less than $5 million in total project revenues to
synthetic fuels projects valued in excess of $2 billion.
Calculates a total lifetime project value. This study led to a successful
U.S. buyout of a gold and copper mine near Yellowstone National Park signed
by President Clinton .
Concludes that the proposed mine would be very unprofitable even without
additional proposed environmental constraints. Mine would have been located
within the borders of Misty Fiords National Monument, Alaska.
Study looks at the potential profitability of a proposed gold mine in
Montana. The proposed mine would be sited on the Blackfoot River--locale of
noted story, A River Runs Through It, by Norman Maclean.
