My math's has the spend rate at 500k a week when not drilling, that is about 2 million off the 8.2 million by the end of the week going by the end of the previous quarter.
A quarter is 13 weeks, 13 times 500k is 6.5 million, the company is not spending 1 million a month, it is much more than that at the moment.
While not drilling, the high regulation costs in paper work, computer work, application costs will continue, along with constant test costs, lab costs.
A investor who does the research would know that.
Ann: Quarterly Activities and Cashflow Report, page-50
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