reasons for sp

When I look at the september report I see 18.7 mil cash and exploration expenditure planned at 9 mil, but 0 for development. I thought that they would be concentrating as a matter of urgency of getting into production, why is there no expenditure for development or does it fall under exploration and eval ?

Given that to keep oex going they seem imo to need to get income from production and the poo so low is the SP a reflection of a percieved risk that they will have a possible period where they need to borrow funds ?


Sorry if I have read things wrong here, pls correct as necessary.

Bought in and then sold out again because just was unsure in my own mind about these questions but still interested in oex.