Background

Lassonde Stage Valuation

The financier Pierre Lassonde published this graph a number of years ago, showing qualitatively how project values fluctuate over time.

Building on Lassonde's qualitative framework, we have quantified value creation by analyzing real-world transaction data (e.g., property sales, joint ventures, and acquisitions) reported in mining news, databases, and regulatory filings. This approach uses the market approach to valuation—benchmarking against comparable deals—to assign dollar figures to the Lassonde discovery and delineation stages.

Returns escalate exponentially—from 0.5x at initial discovery to over 20x at full delineation—as data reduces uncertainty.

Key Components

Risk Diversification

Spreading investment across multiple projects mitigates the risk of relying on a single project’s success.
This portfolio approach mirrors real estate development, where multiple properties are evaluated and developed to find high-value opportunities.

Staged Investment

Projects progress through delineation stages (e.g., Middle Delineation Stage 1, Final Delineation Stage 3) based on merit.
Early divestment of underperforming projects preserves capital and locks in modest profits.
High-performing projects generate exponential returns.

Continuous Pipeline

As projects are completed or divested, new ones are added, maintaining a dynamic portfolio.
This approach ensures ongoing opportunities to capture high returns without dependence on any single project reaching the final stage.

Advanced Technology

Advanced technologies, like 3-D Seismic and ANT enhances traditional exploration methods, improving the accuracy of resource delineation.
AI-driven analysis refines project assessment, increasing the likelihood of identifying high-value deposits

The Omnia Strategy

The Omnia strategy is a sophisticated, data-driven approach to mineral exploration, balancing risk and reward through diversification, advanced technology, and disciplined capital allocation. By treating projects as a portfolio, it maximizes the probability of identifying high-value deposits while minimizing losses on underperforming assets. The projected cash flows significantly exceed average markets returns, making it an attractive model for investors in the mineral exploration space.