Hi Paully, That isn't a stupid question. They should mention there the expected amount of (capitalized) exploration expenditures for the coming quarter, but haven't.. since they're currently assaying more historical cores and in november go back to GTK to extract even more samples for assaying, it's obvious there will be exploration expenditure. So there should have been an (expected) amount mentioned there.
As per my estimate, they have a max of ~2 quarters to run with the current cash balance (@ A$900K per 30/9/2023). If I were on the board, I'd focus on getting the MRE out begin of 2024, before going back to the market.
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