Evaluation of a mining project using Discounted Cash Flow analysis, Decision Tree analysis, Monte Carlo Simulation and Real Options using an example

Investments in the mining and minerals industry are considered to be risky. The major challenge of project evaluation is how to deal with the uncertainty involved in capital investment. Discounted Cash Flow (DCF) methods, Decision Trees (DT), Monte Carlo Simulation (MCS) and Real Options (RO) are co...

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Bibliographic Details
Main Author: Topal, Erkan
Format: Journal Article
Published: Inderscience Publishers 2008
Online Access:http://hdl.handle.net/20.500.11937/44077