Ann: Annual Report to shareholders, page-11

Ok so not feeling silly then.

Go back over the quarterly activities reports, expenditure has been logged here in exploration and evaluation, the company have logged this in the end of year report as an asset as they believe there is a reasonable chance that the expenditure will be recover in the future via production.

To say BBX have spent only 35k is a flat out lie and their own quarterly reports show otherwise. Just admit you are wrong and move on, its not that hard.