Page 15 - Handbook of Gold Exploration and Evaluation
P. 15
xiv Preface
sensitivity of the expected value of the project to predictions made in the
forecast parameters. The final measure of feasibility is a bankable document
containing all the ingredients to satisfy the requirements of government bodies,
financial institutions and lending organisations for the scale of operation
envisaged. A case history demonstrates the essential part played by risk and
sensitivity analyses in decision making in a marginal evaluation exercise.