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Introduction of accounting: FINANCIAL ANALYSIS OF GFA LIMITED - Essay Example

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Introduction of accounting: FINANCIAL ANALYSIS OF GFA LIMITED

Africa is among the low cost operation country and it is highly recommended region for those companies that want to make a successful mark in mining exploration and development industry. GFA Limited has sufficient resources and skilled manpower to perform important operational activities and it should go ahead with the option of becoming a public listed company so that it can make successful progression in the sector. Introduction of the company GFA Limited known as GFA in the market is planning to get itself listed on Australian Stock Exchange (ASX). Before getting listed on the stock exchange, it wants to design its business plan so that it can prepare its prospectus. The company has just recently undergone a change from being a private limited company to public limited company. Presently, there are two gold exploration leases in Mauritania and Senegal, both of these areas are West African countries and one uranium exploration prospective is present in Western Australia’s area i.e. Kintyre area. All three areas need to be explored by making use of modern exploration methods. Presently, there are four directors who are running the company along with one accounts clerk and it has no debt with $3 million in bank. Mission Statement Our company strives to be the best miner of choice for all of our stakeholders that comprise of communities, contractors, employees and customers in which we are performing our operations and exceed the expectations of our shareholders by making use of technologically advanced technology so that natural resources can be utilized fully in our competitive work environment. GFA Limited foresees a strategy of delivering exceptionally competitive returns by Performance optimizations so that each phase of mining value chain for metals such as gold and uranium in each selected area i.e. Mauritania and Senegal of West Africa and Kintyre Area of Western Australia can be efficiently done. The value chain comprises of exploration, development along with operation that is cost effective and durable for mines. Build an attractive portfolio of precious natural resources’ opportunities to be converted into operating mines. Avail the opportunities of growing the business by including both Greenfields and brown exploration with the aim of merging in other well-known mine regions. Acquire expertise in technological field by gaining access to leading edge mining technologies. GFA Limited is focusing on growing business by acquisition of production and development of successful exploration areas that will enhance its performance in long-term. Strategic Plan for GFA Limited According to Rodrick (2006), Africa is basically a country which is enriched in mineralization of all types of mineral deposits because if its geological legacy (3). The country is well endowed with numerous reserves of diamond, cobalt, manganese, gold, bauxite and platinum (5). Western Africa has limited activities for mineral exploration and that is why it ...Show more
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FINANCIAL ANALYSIS OF GFA LIMITED NAME: Table of Contents Introduction of the company 2 Mission Statement 2 Strategic Plan for GFA Limited 3 SWOT Analysis of Company 3 Strengths 3 Weaknesses 4 Opportunities 5 Threats 6 Objectives for GFA Limited 7 Financial position of company 9 Operational plan of company 10 Aeromag 10 Western Sahara 10 Western Australia 11 Further leases in Senegal 12 Conclusion 13 Recommendations 13 References 14 Appendix I – Cash Budget for 13 months 16 Summary Africa is among the best countries when it comes to investment option for mining companies as there are numerous options that can be availed by them…
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