9. Estimated cash outflows for next quarter $A’000
9.1 Exploration and evaluation 1,334
9.2 Development -
9.3 Production -
9.4 Staff costs 140
9.5 Administration and corporate costs 273
9.6 Other (provide details if material) -
9.7 Total estimated cash outflows 1,747
$1,747,000 / 3 = $582,000 a month
They aren't going to be spending 1.3 million on exploration costs per quarter.
And if they are running out of money all they have to do is reduce exploration.
How the hell are they spending 1.3 on exploration anyway ? i would love to see a breakdown of the costs.