|
|
Mining and Forestry
|
|
||
Re: What is the PE rangeWhat the forward strip price affects, is the implicit volatility of buying the junior miner prior to production. If the forward strip is in contango, the implied volatility of buying the junior will be higher than if the forward strip is in backwardation, so the option price will be higher for juniors with metals in contango than those with backwardation. Defining one as put versus call doesn't make sense to me. Please explain. |
return to message board, top of board |
Msg # | Subject | Author | Recs | Date Posted |
11923 | Re: What is the PE range | AceofKY | 0 | 6/20/2007 12:52:18 AM |
12073 | DRTKW - The concept of valuing miners as options | AceofKY | 1 | 6/20/2007 11:36:07 PM |