CGB 0.00% 2.1¢ cann global limited

Just so we are clear, Scoping Studies don't ever take the...

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    Just so we are clear, Scoping Studies don't ever take the 'actual resource' or the 'resource price' into account. The engineering firm will be given a bunch of assumptions to use from the company and they will make an assessment.

    Most of the work for the engineering firm in a scoping study is working out the associated costs to a 'ROOM" (rough order of magnitude) to mine and ship for capex and opex.

    I can guarantee you that the engineering firm will never go out and do marketing or commodity analysis to determine price or customers, thats the job of the resource owner. The pricing used for sale in the SS represents what QBL thinks they can get for their product and how much they think they can sell.

    The costs are what you should be looking at for the SS for the engineering side, and perhaps (if you're interested) the proposed methodology.
 
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