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Fundamental Analysis Course


Module 1: The Lassonde Curve & The 10 Stages of a Mining Company

Why this is the most important framework The Lassonde Curve — named after Pierre Lassonde, founde...

Module 2: JORC Code & The Resource / Reserve Hierarchy

Why this matters The JORC Code is the rulebook for how Australian-listed mining companies report ...

Module 3: Ore Grades, Cut-Offs & What "Good" Actually Looks Like

Why this matters A resource is just tonnage × grade. The grade tells you whether the project is e...

Module 4: Reading Drill Result Announcements

Why this matters Drill result announcements are where companies most actively shape perception. T...

Module 5: Economic Studies (Scoping, PFS, DFS)

Why this matters Economic studies are the company's formal pitch that a deposit can be turned int...

Module 6: Capital Structure, Dilution & The Share Register

Why this matters A great deposit owned by a company with a broken capital structure will not make...

Module 7: Catalysts & The Catalyst Calendar

Why this matters Mining stocks don't move on time. They move on events. Between events, they drif...

Module 8: Red Flags, Green Flags & Sneaky Tactics

Why this matters Junior mining is the most retail-hostile sector on the ASX. The structures are c...

Module 9: Macro Overlay — Commodity Cycles & The ASX Small-Cap Resource Cycle

Why this matters The same project gets a 5x valuation in a bull cycle and a 0.2x valuation in a b...

Module 10: Putting It Together — The "FA Story" and TA Confluence

Why this matters Modules 1–9 give you the components. This module shows you how to assemble them ...