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Forthcoming Golden Easter Eggs..., page-32

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    I summed up some months ago the cash outflow Birimian had after acquisition of Massigui.

    https://hotcopper.com.au/threads/nt...3019895/page-20?post_id=20398583#.WQsUTE1dDq4

    In total a cash outflow of 7.2 Am$ from Q4-2012 until they stopped gold exploration in Q4-2015

    I guess we can allocate 2-3 Am$ in these 3 years to administration costs, leaving about 4-5 Am$ for gold exploration.

    All in all Randgold spent in 6 months nearly the same money for developing our assets as Birimian in 3 years.

    And as we know drilling in Mali is cheap. Massive…..
 
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