Last quarter GRY spent $6.3m and indicated outlays this quarter...

Last quarter GRY spent $6.3m and indicated outlays this quarter would be just under $3m.  They had $23.45m left in cash. See report at

http://www.asx.com.au/asxpdf/20150123/pdf/42w46stlg6qc7s.pdf

The question on everybody's lips is how much did they waste (er, I mean spend) in the March quarter?

This comp is open to all comers, but particularly to GRY shareholders and ex-shareholders (such as me).  The winner is the poster that gets the outlays estimate closest to their reported figure and the reward is that s/he receives bragging rights.

My guess (based on the well known gut feel analysis we often do on our goldies) is that outlays will be $4.83m.

Come on one and all - give it your best (blind) attempt.  Hint - they always under promise but over deliver on their outlays!

loki