Dividing assessment method of the large-area exploring right value with low exploration stages
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Abstract
Based on the certain or no explored mineral resources, a large-area chromium and iron exploring right with low exploration stages is divided into two areas of having and no reserve. The having and no reserve areas value were assessed respectively with discounted cash flow risk factor adjustment method and geological factor assessment method, and the sum of this two assessed values is the exploring right value. The assessment has shown that the assessment method is well worth developing because of its assessing results well to reflect real market value of large-area exploring right with low exploration stages.
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