Ann: Project Manager Appointed for Sorby Hills Development, page-18

You are correct the more cashburn the shorter the runway left before another placement , however have to balance that with not doing anything and they would still be burning cash with no improvement in the project economics .
Ideally our major shareholder sees the merits of the project as it improves and finances it for an off take agreement .
Also its probably cheaper and less commitment needed to hire a project manager to work with third parties than to get a third party contractor like GR engineering to do all the analysis and have to be tied into them as the contractor to use .