Process
A structured approach to mining project evaluation
CORE-5– Orecast's Framework for Investment-Grade Financial Modelling
CORE-5 is our methodology for developing investment-grade financial models. It converts technical inputs into structured financial evaluation, supporting disciplined investment and operational decisions.
CORE-5
Each stage builds on the last - increasing project definition, increasing decision confidence
1. Scope
Frame the Decision
Define strategic objectives, model purpose and decision criteria.
Identify key value drivers and establish model scope.
Agree on deliverables and audit requirements.
2. Build
Build the Foundation
Establish technical, commercial and market assumptions.
Design structure and calculation logic.
Plan the model build strategy to match decision needs.
3. Model
Model with Precision
Develop a bespoke, transparent financial model.
Integrate technical, production, capital, cost and revenue inputs.
Audit the model to confirm it is fit for purpose and defensible.
4. Analyse
Test Outcomes
Test key assumptions through scenario and sensitivity analysis.
Quantify risk and value sensitivity.
Produce reliable financial and operational evaluation for the project.
5. Optimise
Optimise for Value
Identify value-maximising development and operating strategies.
Define key value drivers and strategic trade-offs.
Enable robust investment and operational management.
The Impact on Decisions
Rigour
A structured methodology produces models that are auditable, defensible and repeatable.
Alignment
Technical, commercial and financial assumptions stay connected — so decisions are based on a single integrated view.
Confidence
Clear staging means every decision is made with the right level of definition — not too early, not too late.
