TSXV:EPO.H - Post by User
Post by
stockker0on Oct 23, 2015 6:13pm
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Post# 24222564
FYI ........ pre-feasability and feasability studies
FYI ........ pre-feasability and feasability studies PREFEASIBILITY STUDIES
This is the step that determines that the detailed study is required or not. It is done on the basis of estimation of approx. unit cost estimation by a small group of technical individuals with accuracy within 20 - 30%.
DETAILED FEASIBILITY
This is the most detailed study to evaluate whether to proceed with the project. It is the basis for capital estimation and provides budget figures for the project. It requires a significant amount of formal engineering work and accurate within 10 - 15%.
https://technology.infomine.com/reviews/FeasibilityStudies/welcome.asp?view=full