Definition of Positive Feasibility Study

  1. Positive Feasibility Study means a Feasibility Study prepared for any part of the Property which demonstrates a 10% internal rate of return from a mine on the Property after tax and financing costs; (ad)

Examples of Positive Feasibility Study in a sentence

  1. If Newmont has not previously elected the Venture Option, Newmont may, at any time within 60 days after AuEx completes and delivers to Newmont a Positive Feasibility Study under Section 5 above, elect the Venture Option by notifying AuEx in writing of such election.

Definition of Positive Feasibility Study in Joint Venture Agreement

Positive Feasibility Study means a Feasibility Study which contains an unqualified recommendation that a Production Decision be made.


Definition of Positive Feasibility Study in Indemnity Agreement

Positive Feasibility Study means a Feasibility Study prepared for any part of the Property which demonstrates a 10% internal rate of return from a mine on the Property after tax and financing costs; (ad)