After completion of the course the student should be able to understand the content of feasibility study, calculate economical conditions and profitability for mining project, describe and explain differences in feasibility studies of different project stages. The student also understands and is able to evaluate the quality of feasibility studies. This involves addressing the underlying technical principles, applying these to mineral projects and demonstrating how these influence the financial modelling. The student will be able prepare an economical calculation for feasibility study of the mining project and calculate free cash flow to it.