Hi names little you are wrong in combining the reserve category with the resource category…
When conducting a feasibility study (DFS - Definitive Feasibility Study), it's crucial to base it on reserve categories rather than on broader resource potential. This ensures a more accurate assessment of the economic viability of a project by focusing on the materials that are economically feasible to extract and process.
We have seen companies prove up larger reserves to improve NPV for little benefit…Right size concepts are more important
Regards Croc
Hi names little you are wrong in combining the reserve category...
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