Can someone please explain this? From Mont Royal Resources...

Can someone please explain this? From Mont Royal Resources (ASX:MRZ), a company with history with management of DCX:

EDJUDINA PROJECT
Over the last quarter the Company carried out a comprehensive desk top analysis
and technical review of the results of its air core drill program for the purpose of
determining whether any follow-up exploration work or activities are required. The
results of the review do not in the Board’s view justify the further expenditure of
funds on this project. Accordingly, the Board has decided to cease any further
exploration program at Edjudina.
The Company will now turn its attention to assessing various advanced exploration
opportunities in the precious and base metals sector which are beginning to emerge
while at the same time maintaining strict control over its expenditures.