应用实物期权法评估煤炭资源价值

On assessing coal resource value using real option method

应用实物期权法对传统的净现值法进行修正,弥补净现值法因忽略不确定因素影响而得出可能失真的评价结论,建立煤炭资源资产价值确定模型。应用该模型对宁夏某新探明煤田煤炭资源资产价值进行评估,所得结论具有指导意义和参考价值。

The paper builds the asset value model by modifying the traditional NPV method using real option method. The paper assesses the asset value of proven coalfield coal resource in Ningxia using the model and the results can be used in other coalfield.