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Risk

Using different risk approaches;

  • Ore-based; Using the mine type, sales price and reduction rate values,
  • Process-based; Using the operating cost, process cost and rate of return values,
  • Panel-strip based; using the cost value of excavation,
  • Net Present Value changes are determined using tenor values.
OptionDescription
Risk Methods
  Constant Method

It is the method of making the calculations without any changes in the entered parameters. 

 Uniform Method

It is the method that can be calculated by entering information in the minimum and maximum value range. Once the method selection is made, the value can be entered by the help of the three-point button on the side. 

 

 Normal Method

It is a method that can be calculated by entering average and standard deviation values. Once the method selection is made, the value can be entered by the help of the three-point button on the side. 

 Exponential Method

It is a method that can be calculated with a lambda value input. Once the method selection is made, the value can be entered by the help of the three-point button on the side. 

 Triangular Method

It is a method that can calculate with the upper limit, the middle value and the lower limit values. Once the method selection is made, the value can be entered by the help of the three-point button on the side. 

 Lognormal Method

It is a method that can be calculated by entering average and standard deviation values. Once the method selection is made, the value can be entered by the help of the three-point button on the side. 

 Empirical Method

It is a method that can be calculated after loading external numerical values as *.txt file. After selecting the method, the * .txt file can be selected with the help of the three-dot button on the side.

SimulationIt specifies the estimation results produced in different values.
Amount of Random NumbersIt is the number of Net Present Values.
Correlation MatrixIt specifies the direction and power of the linear relationship between two random variables. 
Start Analysis

It is the section where the final report is produced in the direction of the selected parameters. 

 Click to see the report created after Start Analysis button is clicked.

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