PEN 0.00% 11.0¢ peninsula energy limited

News: Peninsula DFS & Lance drilling program upda, page-70

  1. 2,809 Posts.
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    re: News: Peninsula DFS & Lance drilling prog... "Nor are PEN doing a BFS, they are doing a DFS."

    BFS and DFS are one and the same. In the US, they mainly use the term 'Bankable' but in Oz, they use the term 'Definitive'.

    Both relate to the level of detail that's incorporated into the feasibility study in order to obtain financing, which is what PEN is trying to achieve.



 
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