00c00015-2aaa-4827-b197-f58cc7e0879b English MD_CharacterSetCode_utf8 Individual item (e.g. a one-off academic paper or single website) British Geological Survey Contact for the metadata enquiries@bgs.ac.uk pointOfContact 2024-11-07 ISO19115 2003/Cor.1:2006 Australian junior exploration floats, 2001-06, and their implications for IPOs 2007-12-01 creation 2007-12-01 publication revision MICA WP3 2017-09-25T10:33:00 Record extracted from Batch 2 spreadsheet MICA_B2-15 https://www.mica-project.eu/ No additional information provided about the dataset A peer revied paper in the journal 'Resources policy'. An analysis of 179 junior exploration floats, listed on the Australian Securities Exchange (ASX) between July 2001 and June 2006, helped to build a basic understanding of the strategy and business structure of these companies. The “typical” junior explorer raised A$4 million at initial public offering (IPO) to finance a 2-year, mainly greenfields exploration program. The capital raised at IPO entitled its investors to approximately half of the company, with the balance in the hands of the promoters, vendors and/or seed capital investors. Of the A$4 million raised at IPO, it intended to spend approximately two-thirds on exploration, while the remainder was absorbed in corporate overheads and the costs of the IPO. Once these were paid, ongoing corporate overheads averaged approximately 28% of its total operational expenditure. However, given an average total annual expenditure of approximately A$2.6 million, most juniors held insufficient capital reserves to meet operational costs beyond a time frame of 2 years. As at October 2006, 9% of the companies were in the process of mine construction, whereas 6% had made it to producer status. The lead time from listing to production ranged from 1.5 to 53 months, giving a median of 28 months. Website: http://www.sciencedirect.com/science/article/pii/S0301420707000530 Purpose for data generation is not known Centre for the Geochemical Evolution and Metallogeny of Continents, Macquarie University Contact for the resource described by the metadata North Ryde NSW 2109 Australia http://www.sciencedirect.com/science/article/pii/S0301420707000530 WWW:LINK-1.0-http--link http://www.sciencedirect.com/science/article/pii/S0301420707000530 Link for further information on the resource Party that supplies the resource https://resources.bgs.ac.uk/images/minerals/micaGraphic/B2/MICA_B2-15.JPG MICA dataCentre Historic (includes data up to or including 2005) MICA ontology (TemporalScheme) 2 General descriptive information / Paper MICA ontology (DataScheme) 2 Requirement for data generation: Voluntary Method of data or information generation: Academic research Exploration GEMET Concepts 2014-07-25 revision 2 Other economic activities GEMET Concepts 2014-07-25 revision 2 Reserves GEMET Concepts 2014-07-25 revision 2 Resources GEMET Concepts 2014-07-25 revision 2 Stocks GEMET Concepts 2014-07-25 revision 2 Gold INSPIRE commodities Silver INSPIRE commodities Platinum INSPIRE commodities Palladium INSPIRE commodities Other platinum group metals (iridium) INSPIRE commodities Other platinum group metals (osmium) INSPIRE commodities Other platinum group metals (rhodium) INSPIRE commodities Other platinum group metals (ruthenium) INSPIRE commodities Aluminium INSPIRE commodities Copper INSPIRE commodities Lead INSPIRE commodities Tin INSPIRE commodities Zinc INSPIRE commodities Chromium INSPIRE commodities Cobalt INSPIRE commodities Iron INSPIRE commodities Manganese INSPIRE commodities Molybdenum INSPIRE commodities Nickel INSPIRE commodities Niobium INSPIRE commodities Tungsten INSPIRE commodities Vanadium INSPIRE commodities Anthracite INSPIRE commodities Bituminous coal INSPIRE commodities Other hard coal INSPIRE Fossil Fuel Lignite INSPIRE commodities Secondary raw material prices MICA ontology (DomainScheme) 2 Mine closure (Cost) MICA ontology (DomainScheme) 2 Production (Cost) MICA ontology (DomainScheme) 2 Risks MICA ontology (DomainScheme) 2 Supply MICA ontology (DomainScheme) 2 International reporting of resources and reserves MICA ontology (DomainScheme) 2 CRIRSCO 'framework' MICA ontology (DomainScheme) 2 Shareholder information MICA ontology (DomainScheme) 2 Available for free for all purposes Not confidential English geoscientificInformation economy Australia Single country (please provide more details) Individual item (e.g. a one-off academic paper or single website) Data uncertainty Are any uncertainty measures provided (e.g. standard errors, confidence intervals, etc.)? true Quality assurance procedures Are quality assurance procedures described? true Information generation methods Are data or information generation methods formally described? true Record review Reviewed by: British Geological Survey Record validation false Commission Regulation (EU) No 1089/2010 of 23 November 2010 implementing Directive 2007/2/EC of the European Parliament and of the Council as regards interoperability of spatial data sets and services 2010-12-08 A peer-reviewed account of the item's development is available Metadata is distributed with a CC BY-ND 4.0 (Attribution-NoDerivs 4.0 International) licence