Simulation-based investment appraisal and risk analysis of natural building stone deposits

In this study, investment appraisal techniques and risk analysis methods are evaluated and a new simulation-based computer program developed for helping investment appraisal applications for natural building stone deposits is introduced. Finally, case study and its results are presented. The study proved that simulation programs can be used for decision making concerning potential investments in NBS deposits.

► Investment decision for natural building stone (NBS) deposits is a big challenge.
► Investment appraisal techniques and risk analysis methods are evaluated.
► New computer program is introduced to help investment appraisal for NBS deposits.
► Case study and its results are presented.