The Junior Mining Map - Stages of a Mine

The framework for understanding any Mining company.

Dear friends from Bosnia & the Adria region,

You’re receiving this email because I promised you to send over the FULL Junior Mining Map - Stages of a Mine framework.

It literally would have saved me weeks if not months. I hope it helps you too.

The Advantis Invesment Forum brought me for the first time to the Bosnia and the Adria region, and it was a really great experience - I was happy to see a full room of interested investors, great conversations, and helpful people. Thank you all for making this trip to such a great first impression!

Junior Mining Investor Map - Stages of a Mine

At the Advantis Investment Forum we discussed and applied a simplified version of it, which looked as follows:

from presentation at the Advantis Investment Forum (2025) Banja Luka

Below, you’ll get the link to access the full version, which has more details:

It is especially designed to understand the following:

  • timeline

  • upside

  • risk

  • capital requirements

What the “Stages of a Mine” framework helps you with (taken from presentation at the Advantis Investment Forum (2025) in Banja Luka)

CLICK HERE to view the Full Map - Stages of a Mine. ← please feel free to ask me any questions regarding this - I read every single message and will answer. It is normal that some words won’t make sense to you in the beginning. This is part of the learning journey. I will dive deeper into the different stages in future posts or videos so you can understand some more details fast.

2 Frameworks / Tools

I also promised to provide you with the two frameworks / tools:

  1. Follow the Money (Incentives & Skin in the Game)

  2. People, People, People: WHO am I betting on?

I haven’t forgotten about this - you will receive them over the next weeks.

Until then, feel free to check out some more insights on companies I follow on YouTube. You will find lots of educational content and my raw thoughts on different companies.

All the best from Munich,
Andreas Luksch