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Thursday, July 14, 2022 11:07:36 AM
The PEA shows it is not worth doing a Feasibility Study
More 3-Card Shell by FUGAZI Meister
A Feasibility Study is the most critical of the 3 studies done.
Before a project becomes a mine, several technical studies must be completed in order to determine the viability of the project.
The first of these is the preliminary economic assessment (PEA),
with pre-feasibility (PFS)
and feasibility studies (FS) that follow.
All of these studies analyze and assess the same geological, engineering, and economic factors; however, they include significantly different levels of detail and precision.
A Feasibility Study is "a comprehensive study of a mineral deposit in which all geological, engineering, legal, operating, economic, social, environmental and other relevant factors are considered in sufficient detail that it could reasonably serve as the basis for a final decision by a financial institution to finance the development of the deposit for mineral production.”
https://www.smallcapinvestor.ca/post/a-guide-to-pea-s-and-feasibility-studies
Due Diligence done with OBJECTIVITY
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