VAN 0.00% 4.7¢ vango mining limited

ord: where are we?, page-6

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    The only document seen to completion is the PFF (pre-feasibility study), however it is written in Chinese.

    In the normal course of events you usually see:
    1. PFS (Pre-feasibility study)
    2. DFS (Definitive-feasibility study)
    3. BFS (Bankable feasibility study).

    Sometimes you will see interim studies such as an EES (Expanded Economic Study).

    However, a DFS or BFS has yet to be complete at ORD. Some feasibility anaylsis was conducted last year but not formalised. In recent years the line between DFS/BFS has blurred and I am seeing more companies deliver either a DFS or BFS. Alternatively they may deliver a DFS that exhibits all the content of a BFS depending on how far advanced resource definition is.
 
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