TD Securities | Investment Banking Pitch Book | 40 slides

TD Securities · 2022-06
arc beats above · slides in the middle · loops below · scroll → 8 LOOPS
SETUP TENSION ANALYSIS EVIDENCE RESOLUTION APPENDIX
HOVER FOR DETAILS · CLICK A SLIDE FOR FULLSCREEN · STEP 2
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Slide inventory

40
every slide · same image gating as the playbook
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Slide 1
front_matter
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front_matter
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transition
Open slide detailBeat · Situation & Context
04
Standard legal disclaimer for a preliminary valuation report.front_matter
Open slide detailBeat · Situation & ContextLoop · Zoom In
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Includes specific deal values and roles (e.g., joint bookrunner, advisor to special committee).summarize
Open slide detailBeat · Situation & ContextLoop · Zoom In
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Includes a callout box regarding the Rio Tinto acquisition proposal.analyze_data
Open slide detailBeat · Situation & ContextLoop · Zoom In
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transition
Open slide detailBeat · Problem & Complication
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The chart overlays share price with copper price and uses callout boxes to link specific dates to events.analyze_data
Open slide detailBeat · Problem & ComplicationLoop · Benchmark Gap
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The chart highlights a specific inflection point on March 11, 2022, related to a proposal.compare_peers
Open slide detailBeat · Problem & ComplicationLoop · Benchmark Gap
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Includes a data table summarizing 5-year, 3-year, and 1-year averages, as well as highs and lows.compare_peers
Open slide detailBeat · Problem & ComplicationLoop · Benchmark Gap
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Includes a table of broker ratings pre/post proposal, a line chart of share price vs target price, and a list of analyst quotes.compare_peers
Open slide detailBeat · Problem & ComplicationLoop · Benchmark Gap
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transition
Open slide detailBeat · Solution & Approach
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Regulatory slide outlining valuation standards for a specific transaction.present_framework
Open slide detailBeat · Solution & ApproachLoop · Hypothesis Test
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The slide uses a table-like structure to map valuation methodologies to their specific descriptions and underlying assumptions.present_framework
Open slide detailBeat · Solution & ApproachLoop · Hypothesis Test
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Includes specific project risk factors and benchmarking against industry analysts.present_framework
Open slide detailBeat · Solution & ApproachLoop · Hypothesis Test
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Includes both commodity price deck and FX rate assumptions.analyze_data
Open slide detailBeat · Solution & ApproachLoop · Hypothesis Test
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The slide uses a matrix structure to define valuation methodology parameters.present_framework
Open slide detailBeat · Solution & ApproachLoop · Hypothesis Test
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Includes a legend for asset status (Producing, Development/Construction, Producing & Significant Development) and specific deal footnotes.cite_precedent
Open slide detailBeat · Solution & ApproachLoop · Precedent
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Includes a highlighted 'Selected Range' for P/NAV multiples.compare_peers
Open slide detailBeat · Solution & ApproachLoop · Precedent
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Includes tax implications (withholding tax and Pillar II) and credit rating assessment.analyze_data
Open slide detailBeat · Solution & ApproachLoop · Zoom In
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The table distinguishes between synergies included in value and those not included.quantify_impact
Open slide detailBeat · Solution & ApproachLoop · Zoom In
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transition
Open slide detailBeat · Evidence & Proof
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The slide presents a detailed financial and operational summary for the Oyu Tolgoi project, specifically the 'Adjusted Resource Case'.summarize
Open slide detailBeat · Evidence & ProofLoop · Waterfall Value
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The slide uses two stacked bar charts to compare production scenarios over time, with annotations highlighting specific adjustments in the second chart.analyze_data
Open slide detailBeat · Evidence & ProofLoop · Waterfall Value
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The slide uses a stacked bar chart to show production by deposit over time, with annotations (numbered circles) explaining changes in the Adjusted Resource Casecompare_options
Open slide detailBeat · Evidence & ProofLoop · Waterfall Value
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The slide uses a stacked bar chart to compare production by deposit over time, with annotations explaining the differences in the adjusted case.compare_options
Open slide detailBeat · Evidence & ProofLoop · Waterfall Value
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The slide uses two stacked bar charts to compare capex profiles over a long-term horizon (2022-2100).analyze_data
Open slide detailBeat · Evidence & ProofLoop · Waterfall Value
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Includes specific project development callouts (Hugo North, Heruga) at the bottom.analyze_data
Open slide detailBeat · Evidence & ProofLoop · Waterfall Value
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The chart uses a waterfall structure to reconcile NPV changes.quantify_impact
Open slide detailBeat · Evidence & ProofLoop · Waterfall Value
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The slide lists six distinct upside scenarios with associated operational assumptions.analyze_data
Open slide detailBeat · Evidence & ProofLoop · Sensitivity Test
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The slide lists six specific downside risks: Delay to Panels 1 & 2, Pillar Grade Recoveries, Debottlenecking Capex, Block Caving Risk, Interim Power Cost Escalaanalyze_data
Open slide detailBeat · Evidence & ProofLoop · Sensitivity Test
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The chart uses a waterfall structure to show cumulative or individual impacts on NPV.quantify_impact
Open slide detailBeat · Evidence & ProofLoop · Sensitivity Test
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Includes two tables: a metal price sensitivity matrix and a tornado-style sensitivity chart.analyze_data
Open slide detailBeat · Evidence & ProofLoop · Sensitivity Test
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The slide outlines qualitative upside potential across mine planning, logistics, and tax structures.summarize
Open slide detailBeat · Impact & Next Steps
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diagnose
Open slide detailBeat · Impact & Next Steps
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state_next_steps
Open slide detailBeat · Impact & Next Steps
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transition
Open slide detailBeat · Impact & Next Steps
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Includes a 'DRAFT' disclaimer and source information.quantify_impact
Open slide detailBeat · Impact & Next StepsLoop · Scenario Fork
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The slide presents a multi-dimensional sensitivity analysis for share price valuation.analyze_data
Open slide detailBeat · Impact & Next StepsLoop · Scenario Fork