steer clear, page-21

Hi Greenme,

1). Gold exports falling in Mali due to nearing of end of mine lifes for some of the larger producers.

2). Gold is the number 1 export for Mali. They are heavily reliant on it. Mali Govt supports investment.

3). If resource is there - then they will open pit it imo. Cash costs will be around 450-500 if they send it off to another mine for toll treating.
Current gold price is 930. Thats one healthy margin that will attract any funding (if needed).

4). Drilling must be getting close too.

Cheers,
The Sparkler