A practical real option methodology for the evaluation of farm-in/out joint venture agreements in mineral exploration
Although the “real option valuation” (ROV) methodology offers extremely valuable insights in optimising investment decisions in the face of uncertainty, its practical acceptance in the mining industry has until recently been slow because of its perceived computational complexity. Recent conceptual a...
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| Format: | Journal Article |
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Pergamon Press
2011
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| Online Access: | http://hdl.handle.net/20.500.11937/19352 |