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Value After Hours E05 S22: Tavi Costa on Commodities and Precious Metals, Energy, China, and Value

The Acquirers Podcast

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The Future of Exploration

I don't think we're in a place where the exploration endeavor is as easy as you may sound. The beauty of it is that it's very different than energy space. It requires, you know, $5, $10 million. You can create a very successful, potentially drill program for a season relative to energy where you have to spend $150 million just for to try to work on something. This is really because of the how deep you have to go for energy projects, usually relative to metals and mining as a whole.

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