The Scoping Study is the turning point between discovery of a...

The Scoping Study is the turning point between discovery of a Mineral Resource and its potential development. It is an exciting time of what-ifs and potential riches. The main purposes of a Scoping Study should be:

Indication that the project has the potential to be economically viable based on a reasonable set of assumptions

Identify a range of strategic options which require further data collection and analysis

Indicate the portion of the Mineral Resource that may be economic, to focus drilling efforts (and costs)The Scoping Study is also the point that the journey towards success, or failure, is commenced.

KRC Management have always maintained that they would need a JV partner for this project-it is all on public record -as already stated by other posters!