A critique of the use of real option valuation to evaluate an oil industry refining project

Thesis (MBA)--Stellenbosch University, 2005. === ENGLISH ABSTRACT: The oil industry is under pressure to select refinery projects that will provide higher and more predictable returns. In the past Discounted Cash Flow (DCF) techniques have been used to choose between refinery project alternatives...

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Bibliographic Details
Main Author: Oosthuizen, J. F. (Jan Francois)
Other Authors: DuP Smith, J.
Format: Others
Language:en_ZA
Published: Stellenbosch : Stellenbosch University 2012
Subjects:
Online Access:http://hdl.handle.net/10019.1/50245