Fortune Minerals Limited. T.FT

"Economically Feasible" ..... ???

[MoneyMan123456]

What is the opinion of what the term "Economically Feasible" means?

Does it mean that if everything is executed flawlessly that it could squeeze out a profit?

Does it mean that there is a projected return of at least what a typical mine would return?

It is almost unbelievable that there hasn't been an updated project study put out.  

Is it economically feasible?  who knows.

[geolith]

Economically feasible, or potentially economic is related to the terms and circumstances laid out.  Like cost of equipment,  labour, supplies, offset by revenue.   Everything is spelled out so someone can check or test the model.

[red]

Probably easily done with the plug and play spreadsheets previously done and I am sure upgraded since originally done. Yes new factors since 2014 and added cost but increased commodity prices especially gold are significant .....and then there is the variable of the future of CMs  ....which by all accounts only looks good. someone must see some good in this ....who? Your guess is as good