The Development Phase Is Described in AASB 1022 as Including

The development phase is described in AASB 1022 as including:

A) the establishment of the existence of a technically feasible and commercially viable deposit that is capable of extraction.
B) the establishment and commissioning of facilities and infrastructure to enable the development of the area of interest.
C) the establishment of access to the deposit or field and other activities involved in establishing access for commercial production.
D) the establishment of infrastructure to permit the day-to-day activities necessary to bring the natural substance to a state in which it becomes a saleable product.

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