Building a Stage 1 financial model

As guidance on how to build the model of cashflows for a project –or Stage 1 model–, we recorded four modeling sessions (over ~5 hours) with Alistair Watson –modeler and exceltrovert extraordinaire– and Johnny West –founder of Open Oil–.

In these, Alistair builds from scratch a Stage 1 model for the Akyem gold mine in Ghana, and explains what he is doing as he is doing it. Here are the videos of these sessions and the Excel documents he worked in each:

  1. Session: Finding documents
  2. Session: Evaluating the Data & creating workings
  3. Session: Integrating the data into a model template
  4. Session: Reviewing the new model!

If you want to know more about the methodology developed for Open Oil’s Financial Modeling Program, Alistair and Johnny can give you an overview:

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