Replies to post #113875 on Niocorp Developments Ltd (NB)

[PutzMueler]

A detailed feasibility study will be the basis for capital appropriation, and will provide the budget figures for the project. Detailed feasibility studies require a significant amount of formal engineering work, are accurate to within 10-15% and can cost between ½-1½% of the total estimated project cost.

https://www.calculconversion.com/percentage-calculator.html

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https://en.m.wikipedia.org/wiki/Mining_feasibility_study#:~:text=A%20detailed%20feasibility%20study%20will,the%20total%20estimated%20project%20cost.

[TooSoon]

I really hope that the EMP is in the works with EXIM.

Engineering Multiplier Program

EXIM’s existing Engineering Multiplier Program (EMP) provides direct loans or guarantees of commercial bank loans for pre-implementation stage technical services for foreign projects. EMP loans have a maximum five-year loan repayment tenor, which may be folded into the long-term financing of covered projects if they proceed with EXIM support with tenors of up to 18 years and 22 years if eligible under the Climate Change Sector Understanding (CCSU).

The EMP is designed to generate additional exports of U.S. goods and services overall (the "multiplier effect"), since the foreign buyer is more likely to procure U.S. equipment and construction services for a project for which U.S. engineers, designers, architects, and/or environmental analysts undertook the feasibility study, design, and other pre-project work. EMP loans finance feasibility studies, pre-construction design, engineering, architectural and environmental services undertaken prior to commencement of the implementation phase of a physical project.