Estimation of Mining Project Values Through Real Option Valuation Using a Combination of Hedging Strategy and a Mean Reversion Commodity Price

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Estimation of Mining Project Values Through Real Option Valuation Using a Combination of Hedging Strategy and a Mean Reversion Commodity Price

Cash flows generated from mining projects are typically highly volatile and significantly influenced by a number of exogenous factors including commodity price as one of the most influential uncertainties. In addition, mining projects are complex and many of their executed investment decisions are i...

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Bibliographic Details
Main Authors:	Aminul Haque, M., Topal, Erkan, Lilford, E.
Format:	Journal Article
Published:	Springer 2016
Online Access:	http://hdl.handle.net/20.500.11937/44334

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