This is what you wrote hal2000 awhile ago."No, this is not...

This is what you wrote hal2000 awhile ago.

"No, this is not correct LeDerp
Don't know if you have ever worked in a company at this stage of play, LeDerp
Resource drilling costs a lot LeDerp
Resource drilling is complete LeDerp
Ipsofacto, cash burn will substantially decrease, LeDerp."



So lets see the quarterly... it was supposed to be 7.8m and they burned 10.2m instead. Next quarter is supposed to be 7m.. so looks like that means it will be another 9m cashburn. Admit it you were dead wrong about cash burn substantially decreasing.

Just go do a track record check on how they spend their capital and reconcile cashflow estimation/actual. Share printing machine until they can get into production which is another 2 years+.