Sibui just posted the cost of VD.

I'll save you from registering then.

In that article, author claimed that CUU $3.6 million tax refund can only last for a few years since CUU G&A costs averaged around $1.2 million a year. He claimed that PEA for VD will cost $750k and $300k for survey of Somberto.

$3.6 million + currentlt ~$1 million balance, we have ~$4.6 million.

Expenses of...

$1.2 million x 3 = $3.6 million

+ $1,005,000 for VD and SB.

Roughly enough for 3 years including works.

______

And after all this talk about budgeting, we don't even know what the next steps are for VD. Whether is to do more drilling or straight to PEA.

______

Linsickel, next time if you want to comment on something, try to go beyond agoracom and read the source as well. Don't just sit here and critique somebody's post without even looking at the source. It'll give you more credibility!