PEN 4.76% 11.0¢ peninsula energy limited

chart observations 7.7, page-10

  1. 309 Posts.
    Ormos,

    For a Project feasibility study to be considered bankable the study should include sufficient detail in order to validate with some degree of confidence, that the Project can be successfully developed within specifically defined parameters.

    1. Inferred resources are not included in a Definitive Feasibility Study. The study has to be based on Measured and Indicated resources only. The only way to include inferred is more drilling allowing inferred resources to be reclassified as Indicated or better.

 
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