Ann: Quarterly Cashflow Report, page-9

Anyone figured out what work has been dropped since last quarterly to change things from 4 quarters cash at hand to 6 this time with less money?

As a fellow poster noted, there are now more tenements so why the consistent reduction in development/exploration/evaluation?

Covid can’t be used as the reason because it was present as of the last quarterly and was in many ways worse because vaccines weren’t at the stage they are now.

Last quarterly:
’We have 4 quarters of cash- which value we might call x’
becomes ‘We have 6 quarters of cash who’s value is now x - 1 quarter’ this time.

Consistent pursuit of the goals that they had in mind as of last quarterly should have left them with 3 quarters cash at hand this time.

Either the Board is no good at forward planning or work/s has/have been dropped or delayed in a big way to turn 4 quarters minus 1 in to 6 quarters.