Let’s keep it simple and avoid the insults29 Apr 2021 09:56
For anyone new looking in and confused by the insults and conflicting numbers being thrown around, these are the simple facts:
We have a producing asset at Yanfolila that is generating lots of lovely gold and therefore cash, to the extent that the project is almost debt free. When it is, there will be more free cash to do something else, namely, part fund another project in Kouroussa which the CEO has clearly stated will be funded by a combination of debt finance and internally generated cash from Yanfolila. On top of all that we have a third very big gold asset in Dugbe which our JV partners are kindly developing for us at no cash cost to the company but which we will ultimately retain a majority interest in (just). Sounds good to me, and not a number in sight!