Mergers, acquisitions, and joint ventures require verification to assess projected potential. Determining accuracy of the underlying data and potential as properly representative is crucial knowledge in the decision process.
Western Resource Consultants is unique in providing due diligence services in the early stages of acquisition or joint venture consideration through a rapid Data inventory and Technical Audit approach, thereby saving time and money by screening out likely problem or low potential projects.
This approach of “Data Inventory and Technical Audit” is basically two stages of assessment:
Data Inventory – A relatively low cost preliminary screening of the acquisition or joint venture project(s) is conducted which includes a site visit and data review, usually done on a time and expense basis. This results in a recommendation as to whether or not to proceed with a Technical Audit, why and what additional expertise will be required, and a Technical Audit cost proposal.
Technical Audit – This stage involves a more in depth assessment of each of the project(s) merits and deficiencies, if any, including impact audits and recommendations in the areas of finance, geology, geochemistry, geophysics, data management, engineering, environmental and social considerations.
Even though engineering aspects may be considered in both stages of review, neither is intended to provide a full-scale engineering and design program or feasibility study. Our services are intended as a low cost screening process identifying project or joint venture viability and deficiencies prior to taking on high cost engineering studies and designs.
By employing only a few key employees and enlisting specialized expertise, Western Resource Consultants can produce rapid turn around and accurate assessments at a fraction of the cost of conventional engineering companies offering due diligence services.
All of Western Resource Consultants’ employees, associates, and strategic alliance company partners are seasoned veterans in the mineral and other natural resource businesses. With industry consolidation and expansion always in play, we are a fast and efficient path to a positive acquisition or joint venture.
We look forward to hearing from you in the near future!