7min chapter

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Gold Stocks Are Undervalued | Imaru Casanova (VanEck Fireside Chat #4)

Forward Guidance

CHAPTER

Understanding Cash Flow in Mining Valuation

This chapter emphasizes the importance of cash flow and free cash flow over net income for assessing a company's value, particularly in the mining sector. It highlights the impact of depreciation and capital expenditures on financial analysis and advocates for a long-term production model over short-term earnings variability.

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