Reading the annual reports CHZ say that they capitalise...

Reading the annual reports CHZ say that they capitalise exploration expenditure as non current assets. Based on that they have spent around $33.5 million total in Turkey exploration. In 2014 they wrote down $6.5 million of that based on a revaluation of the Sisorta project. In other words they have spent in excess of $6.5 million at Sisorta but now think its worth less than the carrying value, so wrote it down. So of the $33.5 million total, somewhere less than $27 million was spent at Kestanelik. I'm not an accountant, so I could be misinterpreting this.