how do i analyze mining companies financial statements

---

Request for Question Clarification by alienintelligence-ga on 02 Aug 2002 00:16 PDT

Hi erickonghl,
 
Would this be with you having the financial 
statements already and you are wanting to know
how to extract information from them?

Or do you want to know how and where to find
the financial statement info for the mining
companies? Do you have particular company(s)
in mind?

thanks,
-AI

---

Clarification of Question by erickonghl-ga on 02 Aug 2002 00:31 PDT

I like to know how to value a mining company for investment purposes.
The company is Sons of Gwalia.

Hi erickonghl

Sons of Gwalia appear to be very willing to provide 
info regarding their company ...

ANNUAL REPORTS in PDF
2001 
Part 1 - Company Review (pages 1-15)  
Part 2 - Company Review (pages 16-31)  
Part 3 - Financials  
2000 
Part 1 - Company Review  
Part 2 - Financials  
1999   
Part 1 - Company Review  
Part 2 - Financials  

can be found here:
[ http://www.sog.com.au/web/invrelindex.htm ]
       

On their front page it states:
Estimated release date for Full Year Results: 28 August 2002
[ http://www.sog.com.au/web/index.htm ]

Maybe you can contact someone internally 
for their current prospectus?
[ http://www.sog.com.au/web/contactus.htm ]

============================================
Registered and Principal Office Shareholder Enquiries 
Sons of Gwalia Ltd
16 Parliament Place
West Perth   WA   6005
Tel:  +61 8 9263 5555
Fax:  +61 8 9481 1271
Email:  gwalia@sog.com.au

Matters relating to shares held, change of address tax file number and
dividends should be directed to Sons of Gwalia’s share registry:

Computershare Investor Services Pty Limited
Level 2, Reserve Bank Building
45 St George’s Terrace
Perth   WA   6000
Tel:  +61 8 9323 2000
Fax:  +61 8 9323 2033
Website:  www.cshare.com.au 
 
============================================


Another page regarding SOG I found:
[ http://www.denvergold.org/profiles/sonsofgwalia01.htm ]


Some news regarding financial results
for SOG:
[ http://www.egoli.com.au/newsandviews/archives/6192.html ]

[ http://www.mips1.net/MGOMin.nsf/Current/4225685F0043D4A642256B6600475D0C?OpenDocument
]

[ http://www.ic-community.co.uk/cgi-bin/IC_charting/story.cgi?RecordNumber=5%5C
]

Sons of Gwalia Ltd. is a Locally owned Public Company that is ranked
number 474 out of the top 2000 companies in Australia
[ http://www.seek.com.au/if.asp?loc=ibis ]
 ^ you might have to look for SOG there ^
 
 
This is Yahoo Finance info regarding SGW.AX
[ http://au.biz.yahoo.com/p/s/sgw.ax.html ]
Chart
[ http://au.finance.yahoo.com/q?s=SGW.AX&d=c&t=my&l=off&z=m&q=l ]
Research shows a hold to moderate buy
[ http://au.us.biz.yahoo.com/z/a/s/sgw.ax.html ]
Yahoo news links re: SGW.AX
[ http://biz.yahoo.com/n/ax/s/sgw.html ]

That would be some of the info you need to
use in valuation of the mining company
Sons of Gwalia for investing.

Here are some links now to learn valuation:
[ http://www.fool.com/school/introductiontovaluation.htm ]
[ http://www.fool.com/school/valuation/howtoreadabalancesheet.htm ]
[ http://www.fool.com/school/securityanalysis.htm ]

FTC info:
[ http://www.ftc.gov/bcp/conline/pubs/invest/invrisks.htm ]

And here is a rather nice page that specifically
mentions 'Mining Company Valuation Data Requirements'
I think its for the purchasing of the mining company
though... but the info to look for is relevant.
[ http://www.minval.com/datareqcmpny_mineral.html ]


You can also let someone else research for you
(HIGHLY RECOMMENDED)(HIGHLY RECOMMENDED)(HIGHLY RECOMMENDED)

A sample of places that could possibly do that for you:
[ http://condor.depaul.edu/~dshannon/BVsites.htm ]


-=Search technique=-
Keywords:
"Sons of Gwalia"
Link:
[ ://www.google.com/search?q=%22Sons+of+Gwalia%22 ]

keywords:
value a company for investment
Link:
[ ://www.google.com/search?num=20&hl=en&lr=&ie=ISO-8859-1&safe=off&q=value+a+company+for+investment&btnG=Google+Search
]


I hope I provided the info you were
looking for. Actual valuation will
require you to have some financial
education, and a good background of
investment knowledge.

thanks
-AI

Great answer.