PFRS 6 (recognition of exploration and evaluation asset) applies to expenditures incurred * When the legal rights to explore a specific area have been obtained, but the technical feasibility and...

question  4

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Extracted text: PFRS 6 (recognition of exploration and evaluation asset) applies to expenditures incurred * When the legal rights to explore a specific area have been obtained, but the technical feasibility and commercial viability of extracting a mineral resource are not yet demonstrable When searching for an area that may want detailed exploration, even though the entity has not yet obtained the legal rights to explore the specific area O When a specific area is being developed and preparations for commercial extractions are being made O In extracting mineral resources and processing the resource to make it marketable or transportable