摘要: The authors present the design of a new Whittle product-Reserve Estimatorº. As background, a review of reserve estimation theory, benchmark DCF analysis, and current Whittle optimization tools is given. The sometimes conflicting relationship between economic design objectives and reserve estimates is examined. There is a need for a simple tool that aids strategic “what-if" style analysis of the potential economic value of mineral deposits. Two application areas are then identified:
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