I find this ann frustrating, bizarre and lack of disclosure very...

I find this ann frustrating, bizarre and lack of disclosure very annoying. (Probably not unexpected)
We know that PIOP Mineco had received $4.443m to end Dec of which $2.962 was spent on the BFS.
BBIG and PIOP Mineco should know exactly what has been spent since 31/12 so I think an update like this should have included:-
- Funds spent Qtr Jan to March
- Funds spent this Qtr to date (Apr to date)
- Explanation why BBIG will not achieve total spend of $15m by September.
They still have nearly 3 months to end of the first year spend which suggests (to me) they have scaled back all work on the BFS and will just ensure they meet minimum commitments to keep things idling along looking for a way forward (out)
I also do not understand how funds can suddenly be allocated to working capital and IF shortfall not as much as $2m it will just be taken off next years required spend. How exactly does this work in the overall context of BFS completion in regard total estimated cost and estimated time?
Sounds to me like just pushing this along month by month hoping to find a way forward!!