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Chris Bray discusses the factors involved, such as mining methods, production rates, cut-off values, and processing approaches, and their influence on project scale, economics, and environmental and social impacts. The presentation emphasizes that strategic mine planning is essential for understanding project potential and value, making investment decisions, and informing exploration strategies, and can be applied at various stages of the mining cycle. It also highlights the need for a multi-disciplinary approach and an iterative process to assess various options and identify the preferred path for project success.