Indicate whether each of the following statements related to the evaluation of mining projects is True or False:

(a)If all project agreements with contractual counterparties have clear scope and division of responsibility, include payment terms that incent performance, and have force majeure and dispute resolution provisions, there is no need for a project company to have risk management agreements - True/False

(b)Moving from valuation to evaluation of a potential project expands the areas, parties and risks to be assessed and analyzed - True/False

(c)In developing a due diligence process, a project company needs to choose between analyzing a project as a set of contracts or as a set of cash flows - True/False