@ARTICLE{Uberman_Robert_Using_2003,
 author={Uberman, Robert},
 number={No 4},
 journal={Gospodarka Surowcami Mineralnymi - Mineral Resources Management},
 pages={29-43},
 howpublished={online},
 year={2003},
 publisher={Komitet Zrównoważonej Gospodarki Surowcami Mineralnymi PAN},
 publisher={Instytut Gospodarki Surowcami Mineralnymi i Energią PAN},
 abstract={The article presents three different approaches to a valuation of a mineral deposit. The use of classical DCF methodology was tested against option pricing supplemented by scenario analysis. The option-pricing approach was applied in order to include the freedom of choice factor into consideration. The DCF methodology disregards the fact that acquiring party may alternate time scheme of investing in mining activities according to when the deposit will be really needed. The scenario analysis was employed in order to translate financial solutions into real action plans.},
 type={article},
 title={Using option pricing for valuation of mineral deposits},
 URL={http://journals.pan.pl/Content/132568/PDF-MASTER/5_GSM_19_4_2003_Uberman_Using.pdf},
 keywords={valuation, mineral deposits, options, scenario analysis},
}