how does wayne do it?, page-58

So what is a bankable feasibility study? Costs are supposed to be accurate within 10%. Just too many companies don't even come close example being the gas projects in WA running billions over budget. Bankable is supposed to mean its easier to gather fiance where as a lot of companies that have spent millions on these are no closer to obtaining funds. Don't get me wrong there is not too many companies that I would invest in without one but Cudeco have showed with the Sino involvement that raising funds constantly above the share price is their specialty. Sino and others have seen the projected forecasts and have acquired shares well above the current value