BSR bassari resources limited

Ann: March 2019 Quarterly Activity Report, page-2

  1. 766 Posts.
    lightbulb Created with Sketch. 80
    Noticed in the quarterly activity report, the estimated outflows for the next quarter has me scratching my head a little.
    Exploration & evaluation $2,000,000.
    Development nil.
    Production nil.
    Staff costs $500,000.
    Admin & corporate $200,000.

    Total $2,700,000.

    Why would there be no development estimations for the next qtr in the development line?
    With only $2.41 million of the loan drawn down, and a balance of $14.46 million to be drawn from, l find this a little bizarre.
    There would be more work required in development of the infrastructure of this mine.
    Am l reading this wrong?
 
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