What Is a Feasibility Study?
A feasibility study is an analysis that takes all of a project's relevant factors into account—including economic, technical, legal, and scheduling considerations—to ascertain the likelihood of completing the project successfully. Project managers use feasibility studies to discern the pros and cons of undertaking a project before they invest a lot of time and money into it.
What is an NSR?
A Net Smelter Returns ("NSR") royalty is an agreement where the mining company agrees to pay the royalty owner a percentage of the revenue less refining costs.
What is an EIS?
The environmental impact statement ( EIS ) is a government document that outlines the impact of a proposed project on its surrounding environment. In the United States, these statements are mandated by federal law for certain projects. Environmental impact statements are meant to inform the work and decisions of policymakers and community leaders.