One project, two discount rates

Mining Engineering

Volumn 50, Issue 4, 1998, Pages 70-74

  Davis, G A ^a,b  

^a SME ^*  (United States)

^b Department of Geology and Geological Engineering   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0008679240     PISSN: 00265187     EISSN: None     Source Type: Trade Journal    
DOI: None     Document Type: Article

References (10)

1. Barclays de Zoete Wedd Australia Ltd., 1994, "International Gold Review," World Mining Series, March.
2. Brennan, M.J., and Schwartz, E., 1985, "Evaluating natural resource investments," Journal of Business, Vol. 58, No. 2, pp. 135-157.
3. Davis, G.A., 1996, "Option premiums in mineral asset pricing: Are they important?," Land Economics, Vol. 72, No. 2, pp. 167-186.
4. Dixit, A.K., 1992, "Investment and hysteresis," Journal of Economic Perspectives, Vol. 6, No. 1, pp. 107-132.
5. Dixit, A.K., and Pindyck, R.S., 1994, Investment Under Uncertainty, Princeton University Press, Princeton
6. Heinzl, M., and Tejada, C., 1997, "Gold miners, struck by price decline, lose their shine," Wall Street Journal, July 29, p. C30.
7. Hull, J.C., 1997, Options, Futures, and Other Derivatives, 3rd Ed., Prentice Hall, Upper Saddle River, NJ.
8. McDonald, R.L., and Siegel, D.R., 1986, "The value of waiting to invest," Quarterly Journal of Economics, Vol. 101, No. 4, pp. 707-727.
9. Torries, T.F., 1998, Evaluating Mineral Projects: Applications and Misconceptions, SME, Littleton, CO. 172 pp.
10. Trigeorgis, L., 1996, Real Options: Managerial Flexibility and Strategy in Resource Allocation,The MIT Press, Cambridge.