RE:PEAMoikEd wrote: Lemme tell you how that works crow because Im sure you dont have a clue, in fact most people dont.
Preliminary economic assessment. Wm is no where near that stage. Once they get all the data done and have the ounces proven up then the next stage is a pea with a certain margin of error and then a pfs where the error is supposed to be even less. But these things are done all the time by independant engineering firms and the thing is that they call up 2 or 3 contractors to do price estimates.and when youre a contractor and get a call or an email every other day for work which may or may not ever happen and if it does they go out for quotes anyway, and some have sold rofrs to others, then guess how much time the typical contractor spends on those prices he submits. Not much, as in 2 minutes, instead of getting in his truck every other day to drive up to xyz co mine and look at the job like he would when asked for prices for a job that is going to happen. And where no rofrs were sold. And any price he gives today could be out by as much as 40% in 3 years when the actual work is to start.
Thats how that works Crow. See, you learned something. It always costs more than expected. Because expected is meaningless to most contractors.
Moik
not a contractor
paid basher
just knows how to count
Welcome to the board.
This was an interesting post.