Bankable Feasibility Study
From MoxyWiki
Also known as a Final Feasibility Study (FFS).
According to ALTA Metallurgical Services:
A Bankable Feasibility Study (BFS) is "the final study prior to pressing the green (or indeed red) light for the project. It involves the finalization of every element of the project, including all the aspects listed in the PFS. Whether there is any difference between a Final Feasibility Study and a Bankable Feasibility Study is a debatable point. However, one can say that a bankable study is generally subjected to a full independent audit, while a FFS may or may not be if the project is to be funded in-house. Preparing for a full independent audit may affect the amount of detail presented in the study, and possibly the degree to which various risks have been addressed".[1]
References
- ↑ "FEASIBILITY STUDIES – FOUNDATION OR FANTASY?". ALTA Metallurgical Services. http://www.altamet.com.au/Technical%20Papers%20and%20Articles/Minerals%20Gazette/Feasibility%20Studies%20-%20Foundation%20or%20Fantasy.pdf. Retrieved on 30 November 2009.
