ABU's Balance from previous qtr was $8,344,000Balance at end of...

ABU's Balance from previous qtr was $8,344,000
Balance at end of last qtr was $2,828,000

That is a cash burn of $5,500,000 per qtr or $1,850,000 per month and at that rate that would then leave bank balance of under $1,000,000 at the end of October??

Is this one of the causes of a under/poor performing share price where its potential is far from expectations??

How shall that leave ABU with the ANZ's banking facility, where it stipulated certain conditions, of which one was a minimum bank balance??

(please don't bring up the gold price as the performance of gold is done to death on these threads)

Cheers