Megan, they will be selling their ATV shares and SLR shares...

Megan, they will be selling their ATV shares and SLR shares (reported in quarterly) as needed to fund through to the BFS (not the office funiture - you are prone to be over dramatic). So they have plenty of working capital left at the moment. Now that drilling has been completed (for the time being) costs are way down - the estimates are in the current quarterly (its not the "same as the last one")

The true test will come when they seek funding for the further development of Phillips River. People with more experience and knowledge than us will determine if this is a bankable proposition.

Junior Mining Companies are in a very tough game and are limited by the amount of capital they can raise and therfore rely very heavily on a small band of talented geologists, mining engineers etc. I guarantee the guys at Tectonic (and long term investors) believe they have a very good area at Phillips River both in terms of the current resource and future extensions and prospectivity.

It would have been very easy for them to pack it in a couple of years back after the Burnakura problems. They had no debt, just run out of cash. It would have been extremely easy for TTRs key people to get higher paid jobs elsewhere. Why did key supporters put up their own cash to keep the Phillips River Project alive. That was good enough for me to keep an interest in TTR. You don't see that all that often amongst the juniors in those situations - most will run to the Administrators and clear out.

Sure Megan time will tell but I have no doubts whatsoever that Steve and his crew are giving it their very best shot.
Thats all you can ask for but you obviously have to be prepared for all outcomes.