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Keith Neumeyer - First Mining Finance

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Sinopsis

Keith Neumeyer discusses the IPO of his new company, First Mining Finance (FF). First Mining Finance has been designed to take advantage of the depressed markets for mining assets. Many see current valuations as the cheapest they have been in 20 years, on a relative basis perhaps even the cheapest ever. FF’s aim is to tap into its large knowledge base and use it to accumulate as many quality mining assets as possible (Americas only) - assets which don’t require higher metals prices to be viable - while they are cheap. Eventually, the plan is to have a large bank of them. When (if) the mining cycle turns favourable again, it is hoped the ‘mineral bank’ will have appreciated considerably in price. FF will then look to generate revenue either from re-sales, JVs, royalties or streaming structures.The man behind the deal is Keith Neumeyer. For those of you that don’t know Keith, he built First Majestic Silver (TSX:FR) and took it from penny stock status to $25 a share (