LIU Chaoma, LIU Dongmei, CAI Meifeng. Mining Project Evaluation Model Based on Options Pricing Theory[J]. Chinese Journal of Engineering, 2000, 22(6): 505-507. DOI: 10.13374/j.issn1001-053x.2000.06.005
Citation:
LIU Chaoma, LIU Dongmei, CAI Meifeng. Mining Project Evaluation Model Based on Options Pricing Theory[J]. Chinese Journal of Engineering, 2000, 22(6): 505-507. DOI: 10.13374/j.issn1001-053x.2000.06.005
LIU Chaoma, LIU Dongmei, CAI Meifeng. Mining Project Evaluation Model Based on Options Pricing Theory[J]. Chinese Journal of Engineering, 2000, 22(6): 505-507. DOI: 10.13374/j.issn1001-053x.2000.06.005
Citation:
LIU Chaoma, LIU Dongmei, CAI Meifeng. Mining Project Evaluation Model Based on Options Pricing Theory[J]. Chinese Journal of Engineering, 2000, 22(6): 505-507. DOI: 10.13374/j.issn1001-053x.2000.06.005
Mining Project Evaluation Model Based on Options Pricing Theory
Discounted cash flow (DCF) techniques are widely used for valuing project investment. But this convention DCF has a pitfall that underestimates the value of the mine. Using mining management flexibility and following options pricing processes, new approach and quantitative tools to the value of a mine and the project evaluation are developed.
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