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The cost of preparing a feasibility study is notoriously difficult to estimate. Studies for mining projects are typically commenced when an exploration programme has identified a mineable resource and prefeasibility studies have shown that development of the resource would lead to an economically viable project. Prefeasibility studies will normally include an estimate of the cost...
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A prefeasibility study may also be prepared in full or in part by potential purchasers as part of the due diligence process. To provide a justification for proceeding to a final feasibility study. The results of a prefeasibility study may be the first hard project information that is seen by corporate decision makers.
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