Ann: June 2015 Quarterly Activity and Cashflow Report, page-3

So they went $400k over their e&e estimate and $200k over their admin estimate from last quarter. They have slightly reduced their estimate for these in the coming quarter + no estimate for production costs. With the extra board member, extra project and no defined plan to reduce I would expect these to increase. I assume the previous appendix 5B's look like this too.
Are they allowed to be this inaccurate, I am actually thinking of retraining in accounting, if they can just pluck these numbers from their ar$@ it will be an even better day job than I am thinking.

Agree with sprout though, underwater-stick with it or sell-hope they pull something out before the $4m is chewed in 3quarters.