About this episode
We sat down with Mark Connolly, one of the most prolific deal-makers in the Australian mining industry, to dig into what it really takes to build and sell a mining business.With a track record that includes Adamas → Endeavour, Papillon → B2Gold, Cardinal → Shangdong and many more, Mark has been at the table for more transactions than almost anyone in the ASX mining space.In this conversation, Mark covers:His “go or grow” philosophy and how he sets expectations from day one on a boardWhy the CEO role is the loneliest job in the company — and what makes a great oneThe difference between a good non-exec director and one who overreachesHow to navigate activist shareholders, private equity and misaligned investor horizonsWhat really happens behind the scenes during a takeover and why speed and certainty winWhy mining needs more M&AFollow Mark on socials:Linkedin: https://www.linkedin.com/in/mark-connelly-57a9694/…………...… DIRECTOR'S SPECIAL EMAIL Join 16k+ subscribers to the Director’s Special: one daily email with all the news that matters in mining …………… TIMESTAMPS (0:00) Everything For Sale(2:50) Chair Role and Board Boundaries(12:20) Board Alignment and Incentives(18:20) M&A Offers and Deal Process(25:40) Valuation Cycles and Case Studies(48:20) Capricorn Deal Mechanics(49:50) How the Deal Began(52:30) Retail Pushback Explained(55:40) Takeover Battles and Board Judgment(1:16:30) Industry Incentives and Wrap Up…………… PARTNERS Exceed Capital – Diversify your portfolio with Exceed’s property funds SS&C Intralinks - Powering deals with unmatched security and efficiency Sandvik Ground Support – The only ground support you’ll ever need
