011: Capricorn Metals (ASX: CMM) / AIC Mines (ASX: A1M) mergers and acquisitions accretion and dilution model

NOTE: This project is purely to apply concepts that I have learned from courses and certifications completed and not a formal, independent analyst opinion of any kind.

Find the model here. Any feedback is welcome.

Overview

Another rep on the board for accretion and dilution models. This one happens to be accretive. I wanted to use ones I’d done a three statement model for to have the forecast net income for the accretion / dilution analysis section. Nothing really new going on here in this iteration compared to the prior one given the template is set up and it is just a bit of plug and play. I just wanted to work through one that was accretive and see it unfold.

Obviously this is all very simplified. I understand that there would be much different treatment for the purchase price allocation among the different assets (mine properties, exploration properties) in practice along with other considerations. But as usual, just getting the mechanics down and playing with some real numbers where applicable.

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