BCN 13.0% 2.6¢ beacon minerals limited

Understandable, in the previous quarterly cashflow report we...

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    Understandable, in the previous quarterly cashflow report we were told that the expected development costs for the next quarter were going to be $3.2 million and today we find out it's $6.2 million that they've spent this quarter. With only $4.2 million in cash + roughly $3 million from exercised options, we've also been told that there are further development costs of $3.3 million and a total estimate of cash outflows of $8.4 million for the next quarter.

    With production starting up this isn't too big of a deal but it's understandable that people are concerned with such a difference.
 
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