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What is bankable feasibility study?

Bankable Feasibility Study means 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

Besides, what is a bankable mining study?

Bankable feasibility study (BFS)

In brief, the Scoping Study is an early-stage study based on the forecast economics and assumptions of the mining project. It is used for development planning and aims to determine whether further studies should go ahead.

Additionally, what is pre-feasibility study of a project? Pre-feasibility studies investigate whether a concept satisfies the client's objectives and the technical, economic, social and environmental constraints for a particular project.

Beside this, what is a bankable document?

A 'Bankable Document' is a feasibility study or a Techno-Economic Feasibility Review (TEFR) that is of bankable standard. Another mistake is to build the Bankable Document around design and technology.

What is a bankable idea?

Bankable is a financial jargon that indicates that a business is sufficiently healthy to receive interest from lenders to loan. If a bank is willing to loan a business cash and/or support a business, then the risk of it failing or not paying is low.

Related Question Answers

What is the difference between pre-feasibility and feasibility study?

In pre-feasibility we select the best idea among several ideas. It will be hard and takes time if we explore each scenario deeply. If the selected scenario is considered feasible, it is recommended to continue the study to feasibility to get deeper analysis of the selected project scenario.

What does DFS mean in mining?

Definitive Feasibility Study (DFS)

How much does a scoping study cost?

The sale price of the concentrate has a significant effect on potential cash flow from the project and was modelled as a range of US$45 to US$55 per tonne of concentrate for the purposes of the Scoping Study.

2019 Scoping Study.

Parameter
Discount Rate 10%
Concentrate Price (US$) $45 - 55
Exchange Rate (US$:ZAR) 14
Mining / Production

What does BFS mean in mining?

Bankable feasibility study (BFS): A BFS represents a base case for financiers. A positive BFS is one that satisfactorily provides all of the information necessary for a bank to determine that the project is viable.

Why is mining feasibility required?

Feasibility studies are required throughout the pre-production stage of every mining project to justify continued investment in the subsequent phase. These culminate in a final feasibility study that demonstrates the economic feasibility of the project with sufficient certainty to allow a decision to develop a mine.

What is in a feasibility study?

A feasibility study contains a detailed analysis of what's needed to complete the proposed project. The report may include a description of the new product or venture, a market analysis, the technology and labor needed, as well as the sources of financing and capital.

What is a bankable project report?

A bankable project report is a document submitted to the bank, which interprets the preferred business. It will give the lenders a narrative of the project submission, also the possibility of the proposed business/service.

What is a bankability report?

Written by independent engineers, bankability reports are designed to provide a thorough analysis of each technology and design that's proposed for a project. If a report reviewed the mechanical design and said that everything seems good, you don't really know what exactly was checked,†she said.

What is a definitive feasibility study?

Definitive Feasibility Study . (DFS) means a feasibility study undertaken to a high degree of accuracy which may be used as a basis for raising finance for the construction of a project.

What is pre-feasibility and feasibility?

A pre-feasibility study determines whether a probable mineral reserve is economically viable and a feasibility study determines whether the reserve can be economically mined.

Why do a pre-feasibility study?

Experts believe that pre-feasibility study provides a basis for an in-depth design and construction. Additionally, it throws light into the fact that whether it can be completed in a technically sound and economically viable way. The pre-feasibility study helps in determining whether it should be undertaken or not.

How do you do a pre-feasibility study?

7 Steps To Do a Feasibility Study
  1. Conduct a Preliminary Analysis.
  2. Prepare a Projected Income Statement.
  3. Conduct a Market Survey, or Perform Market Research.
  4. Plan Business Organization and Operations.
  5. Prepare an Opening Day Balance Sheet.
  6. Review and Analyze All Data.
  7. Make a Go/No-Go Decision.
  8. Feasibility Analysis Definition.

What are the main objectives of pre-feasibility study?

The objective of the pre-feasibility study is primarily to facilitate potential entrepreneurs in project identification for investment.

What are the four factors considered in a pre-feasibility study?

It also takes into consideration its four Ps, its risks and POVs, and its constraints (calendar, costs, and norms of quality). The goal is to determine whether the project should go ahead, be redesigned, or else abandoned altogether.

What are the criteria of pre-feasibility analysis?

The preliminary financial and economic viability of the proposed project should include an assessment of: The cost recovery/income generation assumptions of the project. Likely private sector interest in the project. The overall project cost (capital + operations + maintenance costs)

What is the definition of bankable?

1 : acceptable to or at a bank bankable currency. 2 : sure to bring in a profit Hollywood's most bankable star— Sidney Sheldon.

What does bankable mean in business?

To be bankable means that a business is able to receive some form of traditional financing package from a bank.

What is bankable company?

Bankable is a global architect of innovative payment solutions for corporates, banks and retailers. Their solutions – including e-wallets, m-wallets, remittance services, P2P money transfers, and prepaid card programmes – are available in the form of white-label self-service platforms as well as via APIs.

What is bankable asset?

Bankable funds are methods of payment that are readily accepted by merchants and banks. Common types of bankable funds include cash, money orders, and cashier's checks. Assets that are not readily convertible into cash are not considered bankable funds, such as precious metals or real-estate holdings.

How do I become bankable?

Eight Requirements of a Bankable Business
  1. Write a good business plan first.
  2. Clean up your credit rating before you apply.
  3. Pick a business domain that is squeaky clean.
  4. Show a significant personal investment.
  5. Demonstrate an ability to repay from revenues, not collateral.

What is non bankable?

In summary, we characterize non-bankable assets as those assets which are: Not part of a wealth management portfolio. Often rejected as collateral for a loan. Illiquid with often high minimum investments. Difficult to valuate and trade.

How does banking as a service work?

BaaS is an end-to-end model that allows digital banks and other third parties to connect with banks' systems directly via APIs so they can build banking offerings on top of the providers' regulated infrastructure, as well as unlock the open banking opportunity reshaping the global financial services landscape.